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Author Topic: What is the safest way to buy crypto?  (Read 6021 times)
RapidsNetwork
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January 30, 2020, 01:17:03 PM
 #261

I found that coinbase and coinbase pro has worked well for me. I've used others like binance,  bitfinex, crex24, bittrex,stex, and a few other main ones.
I feel secure using coinbase. Fees are high on coinbase but it's a start for anyone new to crypto. Beat way to do it is, deposit money into coinbase and then transfer it to coinbase pro to trade/buy coins and go from there. Fees are much lower in coinbase pro.
As well I havent heard or seen any types of threats or hacks on coinbase.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Handsome Boy
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January 30, 2020, 01:35:28 PM
 #262

Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!

You can buy it at binance exchange, because binance exchange is the biggest exchange for now and of course it's safe, so you don't need to worry if you buy cryptocurrency on binance exchange, because many people have used binance exchange to buy and trading cryptocurrency (including myself).
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January 30, 2020, 01:47:26 PM
 #263

Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!
I suggest you try to invest in local exchanges in your country, but in my opinion if you are still confused maybe Binance could be one of the right choice. because there have been many people who transact so I guarantee your assets are safe.
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January 30, 2020, 01:48:06 PM
 #264

Talking of the safest way to buy cryptocurrency to me is; buying from remittano in my case or bu y from Binance. Most of my buy cryptocurrency are from remittano because of their ease of transaction with sellers around the world. Many a times, I do buy during the weekend and store for future purpose, that was then. Also, Binance is another legitimate cryptocurrency exchange and well trusted by many, so, it asfe and secure.

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January 30, 2020, 01:48:21 PM
 #265

I don't know and never tried localbitcoin but some are suggesting this website and actually I only bought my bitcoin through my local exchange since I think its much safer and less hassle and can be transfer on my bank account faster and no fees at all. It will depend on which exchange you think is safer for you.

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January 30, 2020, 01:59:08 PM
 #266

I don't know and never tried localbitcoin but some are suggesting this website and actually I only bought my bitcoin through my local exchange since I think its much safer and less hassle and can be transfer on my bank account faster and no fees at all. It will depend on which exchange you think is safer for you.
Actually I am not trying to use localbitcoin or local cryptocurrency because I believe that the safest crypto are those coins or tokens that are in the top 5 on the current coinmarketcap and it is kind of sure that this is more safer and wr can avoid those coins that are shit coins or trash coins because those coins that are in the coin marketcap already provent that all of them are legit and not shitcoins.
There are still good local cryptocurrency that had good exchangers but I didn't know if it is really good because I also never tried to do it. Just a sayings from my friends that those are also good.

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January 30, 2020, 02:02:22 PM
 #267

I don't know and never tried localbitcoin but some are suggesting this website and actually I only bought my bitcoin through my local exchange since I think its much safer and less hassle and can be transfer on my bank account faster and no fees at all. It will depend on which exchange you think is safer for you.


some countries do have exchanges that provide support for buying and selling transactions using their own country's fiat. so it makes it easier for us to buy or sell the bitcoin that we have. like you, I also get bitcoin from buying on exchanges in my country and make it easy because we can buy with fiat which we transfer directly to the exchange.
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January 30, 2020, 10:56:15 PM
 #268

Most exchanges will ask you to do KYC with the aim that your assets are safe. but if you don't want to do that then you can go to some exchanges that don't need KYC like mercatox. buy bitcoin there then transfer it to your personal wallet

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January 30, 2020, 11:12:02 PM
 #269


I think Decentralized Exchange most Secure and Safe. looking forward to investing in crypto is the best but some issues lay down. I think Binance performs well with a valuable knock for its community.
It's secure and safe as long as it will not the same as binance dex which can be considered as centralized exchange site. Binance is also performing very well but again it's a centralized exchange site and it has a very big risk compared with decentralized exchange site. The problem if dex has no liquidity
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January 31, 2020, 08:03:00 PM
 #270

Just purchase crypto through Binance or Coinbase. You can buy every single coin that is listed on Coinbase with credit card or wire transfer. In my opinion it is the fastest and the most secured way of buying crypto.


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