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Author Topic: Safest way to buy BTC  (Read 232 times)
dutchkay
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July 24, 2018, 02:51:03 PM
 #21

One of the draw backs of using cryptocurrency is having to register on the website and performing KYC ie "Know Your Customer" before being able to buy bitcoin. Many people like the idea of being anonymous when purchasing bitcoin. To avoid being known sites and trading exchanges need to be off limits to achieve anonymity and other means should be used to purchase bitcoin. There are personal telegram groups that requires an escrow service and you don't have to give out much of your information before purchasing bitcoin.
Crypto one
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July 24, 2018, 02:59:26 PM
 #22

If you want to keep your bitcoins purchase private, then a bitcoin ATM are the best options. No ones will ever know who bought those bitcoins.

However use a exchange would be a good choice also, but exchanges that accept fiat will need to know there costumer, so you need a photo ID and your money need to be send from a bank.
allaking
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July 24, 2018, 03:08:51 PM
 #23

Coinmama is a popular exchange that allows for credit and debit cards as well. It allows for larger purchases, but the 6% fee is pretty steep. The steps to buy bitcoin with Coinmama using your card are:

Create an account and then fill out your personal information.
Click "Buy Bitcoins," select the amount you wish to purchase, and click "Credit/Debit Card" for your method of payment.
Enter your bitcoin wallet address, which is a version of your public key.
Enter payment information, including billing info.
Verify your identification - this includes verifying your phone number and email, as well as uploading a form of ID.
Receive your confirmation email after everything has been verified.

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salalaman
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July 24, 2018, 03:11:52 PM
 #24

In order to purchase a Bitcoin (or more), the user needs to go to a Bitcoin exchange that deals in their own fiat tender (real currency). A popular one is Coinbase which has an excellent track record as it has exchanged over $20 billion (£15 billion) worth of cash into Bitcoins, with support in 32 countries.
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July 24, 2018, 03:14:38 PM
 #25

Best safety wallet for the bitcoin using hardware wallet and Coinbase,if you need to buy sell your bitcoin then quickly can you search reseller person in your country.i mean one person to another person I hope if you have follow this rules then definitely you will do it buy sell simply''.

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July 24, 2018, 03:16:03 PM
 #26

Buy bitcoin directly is supposing not use third party services as an exchanger company or a provider of buying and selling services. The third party involved in this transaction can be described as a marketplac. Transactions are carried out directly by direct transaction of people to other people in the marketplace.
Sohailul
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July 24, 2018, 03:28:47 PM
 #27

Hi all:

Im quite worry about how hard its getting to buy BTCs without telling everyone averything about you. I want to ask you which are the safest places/websites where buying BTC its easy and you dont have the feeling of being treated like a thief.

Thank you sou much.

Bye!
If you want to buy bitcoin, so you can try Coinbase website. Because Coinbase is the best site for buy/sell bitcoin, Litecoin and Ethereum. Even you can use some crypto exchange site like Bittrex, Poloniex.
Mister1k
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July 24, 2018, 03:31:02 PM
 #28

Buy bitcoin directly is supposing not use third party services as an exchanger company or a provider of buying and selling services. The third party involved in this transaction can be described as a marketplac. Transactions are carried out directly by direct transaction of people to other people in the marketplace.

How many people in your city know about bitcoin and dealing with the traders in crypto currency. Most probably you answer would be no right. That is the reason we people go with the good exchanges like LBC, Coinbase, Kraken and etc to buy or sell bitcoins.
Then it will be very much useful thing to you. Actually you can pick the trader with the reviews and rating you see on the site. That is how LBC have trading options eventhough your fund also seems safer since they have the automated escrow.
Ruffian1314
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July 24, 2018, 03:31:07 PM
 #29

I think the safest way to buy bitcoin is to buy in your closest friend who wants to sell bitcoin then the safest way to store is in hardware wallet which only you can access in your own laptop/desktop. Theres also a few trusted and secured site where you can buy bitcoin like coinbase.
webtricks
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July 24, 2018, 03:45:35 PM
 #30

I think the safest way to buy bitcoin is to buy in your closest friend who wants to sell bitcoin then the safest way to store is in hardware wallet which only you can access in your own laptop/desktop. Theres also a few trusted and secured site where you can buy bitcoin like coinbase.

Coinbase needs complete KYC verification before individual can start buying/selling cryptocurrencies. Moreover, anything bought on Coinbase is stored on web wallet which means individual has no control over assets, he is just representative owner.
Buying Bitcoins from acquaintances could be handy but it is not always possible to find person around you who is willing to sell exact amount what you are willing to buy at the same time. Hence this create problem of Double Coincidence of Want. Better solution is Peer-to-Peer Marketplace. LocalBitcoins is the oldest P2P platform however I never used it so can't give review. I occasionally use Remitano and can give thumbs up to it. Remitano doesn't require any kind of verification except email confirmation. It also provides various way in which fiat could be transfer so it is safe and quite anonymous at the same time.
Kertmu
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July 24, 2018, 03:52:32 PM
 #31

Hi all:

Im quite worry about how hard its getting to buy BTCs without telling everyone averything about you. I want to ask you which are the safest places/websites where buying BTC its easy and you dont have the feeling of being treated like a thief.

Thank you sou much.

Bye!
Much depends on the place of your residence and the method of payment.
There is no "better" or "universal" Bitcoin exchanger.
Use LocalBitcoins but choose sellers with reviews and a trade history. You can also buy Bitcoin for cash in person, then always be careful and make an appointment in crowded places.
iSparta
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July 28, 2018, 11:28:23 AM
 #32

You have to know that easiest way it is not always better way. I’d recommend you to use reliable exchange existing few years on the market. I’m using one local exchange and US based Poloniex.
wyplashdea (OP)
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August 02, 2018, 10:53:20 AM
 #33

Wow, thanks everybody for the answers.  Wink  I see there are different ways with pro/contras and I happy to read that there are several ways of doing that, its nice to have different options. Thank you again!

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db-zz
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August 16, 2018, 06:25:46 AM
 #34

This is what everybody is worrying about. Exchange would be one of the best choice. I would recommend try the top ranking BTCexchange on coinmarketcap https://coinmarketcap.com/rankings/exchanges/reported/. Now more people tends to use bitcoin ATMhttp://www.dobiatm.com/dobiatm.html to buy bitcoin with cash for convinience.
Ridwan Fauzi
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August 16, 2018, 08:13:45 AM
 #35

I only see and conceive how to buy bitcoin in my country. So that everyone who will buy bitcoin will definitely have one party who knows what you are doing. Before you buy bitcoin you need to send some money through a fiat ATM and buy it at an exchange. And in this way there will be some parties who know about this, and this will be the same as coinbase or another exchange.
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August 17, 2018, 09:25:51 AM
 #36

I would suggest you to buy bitcoin or btc in website with the best security, best exchanges, and the well known exchange with the best platform. There are a lot of exchanges there but i would really suggest you to use binance, kucoin or hitbtc. It is the best exchanges for me because of its platform. It is easy to use and the best especially for beginners like you. Always do your own research.
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