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smartbitcoininvestor (OP)
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October 18, 2018, 04:20:30 AM |
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We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well. I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly. In an effort to help the community, where do you personally go to purchase Bitcoins? |
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Ctn
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October 18, 2018, 05:03:39 AM |
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In my country the situation is pretty stressed up when it comes to buying and selling of the bitcoin. RBI which is central authority here has warned he local banks from denying the services to the crypto related bank account holders.
So we have only one option to trade and invest into the bitcoin and thats LocalBitcoin. I cant even think about the trading of crypto currencies into fiat currency directly as it would be tracked down and could lead to ban over accounts.
Now recently I am intrigued with the news that Unocoin one of the exchanger in India has now overcome with this situation by placing the ATM's in India. So I guess thats option #2.
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Marcel666
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The Premier Digital Asset Management Ecosystem
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October 18, 2018, 05:10:00 AM |
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Over in my state I use LUNO for purchase of bitcoin, it also serves as a wallet similar to Coinbase. You can store bitcoin, ethereum and even fiat (my nation currency).
So far it is safe and reliable, but requires identity verification.
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cc80aa
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October 18, 2018, 05:58:30 AM |
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there are too many crypto exchanger all over the world you can choose for buying of bitcoin like for example binance, coinbene,kraken,choose the low price. You can check in localbitcoin they are low price from other exchanger.
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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October 18, 2018, 06:10:14 AM |
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We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well. I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly. In an effort to help the community, where do you personally go to purchase Bitcoins? I usually use coinbase due to its ease of buying. I did try coinmama too few times back then and was satisfied by their service. Though keep this in mind that using credit cards to buy bitcoin means paying for higher amount of fees. Sometimes the fees might seem absurd. So its better to buy through p2p using localbitcoins or any other alternatives. |
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mycoinrisk
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October 18, 2018, 06:16:02 AM |
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COINBASE is the way to go when purchasing bitcoins. Most trusted, been in the game for years now... I wouldn't reccomend buying elsewhere just because its so secure.
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ahmad21
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October 18, 2018, 06:32:26 AM |
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In my country the situation is pretty stressed up when it comes to buying and selling of the bitcoin. RBI which is central authority here has warned he local banks from denying the services to the crypto related bank account holders.
So we have only one option to trade and invest into the bitcoin and thats LocalBitcoin. I cant even think about the trading of crypto currencies into fiat currency directly as it would be tracked down and could lead to ban over accounts.
Now recently I am intrigued with the news that Unocoin one of the exchanger in India has now overcome with this situation by placing the ATM's in India. So I guess thats option #2.
Correct!! the situation in India has been worsened by the statement release by RBI and has made it really difficult for the people to undertake any crypto related transaction. Zebpay the most trusted crypto exchange in India was forced to shut down and that was a massive hit to the Indian crypto market. And I was to also mention about the UNOCOIN, India's first cryptocurrency ATM launched in the city of Bengaluru. Right now the limit imposed for deposit and withdrawal is just 1000 INR, but still it's a shining ray of light for the crypto community. It is a one bold initiative by the virtual currency exchange overruling the RBI's orders. Read more about this @ https://www.thenewsminute.com/article/india-s-first-cryptocurrency-atm-launched-bengaluru-90117 |
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letsfly
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October 18, 2018, 06:36:37 AM |
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There are a lot of options to buy or trade bitcoin. I usually buy bitcoin in exchanges like kucoin , binance and coins. Those are the exchanges that I usually go to buy bitcoins or even other altcoins.
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Wingzcrypto2018
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October 18, 2018, 06:42:13 AM |
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We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well. I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly. In an effort to help the community, where do you personally go to purchase Bitcoins? Here in my place I bought bitcoin at coins.ph but most often happened was from the bounty rewards which I received it from the campaign, every time I sell the token of course automatically converted at once on my bitcoin wallet balance. But never experience yet to buy it on localbitcoin.com which I probably heard most of the time. |
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Padredamaso123
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October 18, 2018, 06:44:12 AM |
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I do buy btc at bigger exchanges and sometimes at p2p exchages.
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pakhitheboss
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October 18, 2018, 07:00:09 AM |
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In my country the situation is pretty stressed up when it comes to buying and selling of the bitcoin. RBI which is central authority here has warned he local banks from denying the services to the crypto related bank account holders.
So we have only one option to trade and invest into the bitcoin and thats LocalBitcoin. I cant even think about the trading of crypto currencies into fiat currency directly as it would be tracked down and could lead to ban over accounts.
Now recently I am intrigued with the news that Unocoin one of the exchanger in India has now overcome with this situation by placing the ATM's in India. So I guess thats option #2.
Yes your bank account will get banned, if your bank account recieves funds from Crypto exchange or they are able to track the fiat source. But, only Private Banks are creating such issues. If you are using a Goverment Bank or a Co-operative Bank there is no problem As the law states you can trade Cryptos, which means you can still recieve/send funds. I have been using SBI and have not faced a single issue. |
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lagersagotar
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October 18, 2018, 07:00:44 AM |
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Currently, there are two ways to buy Bitcoin, the most widely used are: buy on the exchange or buy bitcoin from friends or personals. If you want to buy bitcoin at the exchange you can Buy bitcoin on automated trading floors or intermediary bitcoins. One way to buy bitcoin is to buy it from relatives, friends. Because, relatives will be more reliable than a first person to cooperate without the basis, the sure information to trust 100% of that person. As a result, the percentage of fraud also decreased significantly.
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londawzen
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October 18, 2018, 07:03:50 AM |
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I'm using the LUNO. The coolest thing about it is that we can store bitcoin, ethereum. For me, this is the safest way to buy.
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pakhitheboss
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October 18, 2018, 07:04:50 AM |
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We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well. I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly. In an effort to help the community, where do you personally go to purchase Bitcoins? I always prefer Over the counter system to Buy Bitcoin or meeting the seller in personal. I have been using Local Bitcoin and I can recommend it is the safest and the most secure way to trade Bitcoin. Most of the transaction I do it in cash and in small amount, |
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oreRoyalTea
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October 18, 2018, 07:12:57 AM |
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You should buy Bitcoin at reputable virtual show floor to avoid scams or buy from friends and relatives. If there are no relatives or friends hoarding Bitcoin. You can buy from other individuals or organizations. Consult with previous buyers to see how they evaluate the quality of the transaction, how reliable it is and decide whether to initiate a trade.
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ice18
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October 18, 2018, 07:26:54 AM |
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In my place buying bitcoin is like purchasing in a grocery store its very easy and simple process and you can get the bitcoin instantly after payment because the site that is using by the majority in our country which is coins.ph has a lot of partners like 7/11 store, remittance centers and banks, localbitcoins is also active but the price is much higher.
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enwi
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October 18, 2018, 07:27:37 AM |
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I think, all exchangers have bitcoin because bitcoin is the number one crypto currency, so you can buy in exchangers that you think are trustworthy and easy to use, and it's up to you where you will buy
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danipay
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October 18, 2018, 07:42:48 AM |
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unfortunately i never buy bitcoins since 2014. because im trully as a bounty hunter  . earn lot of bitcoin by selling tokens/assets. but alotof market exchange you can use to buy bitcoins out there. |
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carlisle1
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October 18, 2018, 08:03:31 AM |
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I use to buy in bitcoin ATM thats standing in some places here in my country but now as our local wallets has already offers four kinds of cryptocurrency to buy,like Bitcoin,ethereum,ripple and .bitcoin cash it become more easy to be an investor,so anytime i have extra amount i can easily buy coins to add in my folio for long term holding
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Crypto Girl
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October 18, 2018, 08:03:50 AM |
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While we can't access coinbase here in my country, I usually use changelly since I use coinomi to buy bitcoin or other altcoins likely the fee is affordable and transaction was fast. It also cater shapeshift.
But normally, people buy in a convenience store and remittance center as well and directly stored in our local wallet.
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