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Author Topic: What is the safest way to buy crypto?  (Read 6022 times)
litepool.ru
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September 03, 2019, 01:57:54 AM
 #81

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!
There are many different ways, but I think the safest way is to send money from the bank to binance and buy cryptocurrency there. You will never encounter scammer

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September 03, 2019, 06:04:20 AM
 #82

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!
There are many different ways, but I think the safest way is to send money from the bank to binance and buy cryptocurrency there. You will never encounter scammer

This is one of the safest places to buy cryptocurrency with credit cards, I have suggested many of my friends buy cryptocurrency through Binance and they find very comfortable when compared with other sorts of cryptocurrency buying.
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November 01, 2019, 02:45:52 PM
 #83

No one exchanger cryptocurrency 100% secure .
Do you know about biggest exchanger cryptocurrency status hacked likely Binance , Poloniex , Bitstamp ?
If you want your crypto is save , using hardware wallet for saving your token or your crypto.

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November 01, 2019, 03:17:28 PM
 #84

if for me you want to trade crypto that is good and safe for me hitbtc, bittrex, and binance, for me third is also a good and safe exchange you can trade in.
True, to trade it is necessary to choose a good exchange so that our assets can be safe, if I personally prefer to trade on topbtc and binance exchanges, and indodax because the three exchanges are very easy for me to use when trading on a daily basis.
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November 01, 2019, 03:31:15 PM
 #85

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!

Many platforms nowadays use KYC and some hates it because technically, you are not anonymous anymore. This is because someone else knows now that you have an use crypto even though they do not know the specifics. KYC is common for those who want to cash outbor convert their crypto to fiat and the fees can be high depends on the exchange and to the financial institution it will pass on.

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November 01, 2019, 03:36:14 PM
 #86

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!

If there's a bank that offers crypto that you know you can trust, then you will do good. Most international banks and their credit cards are now can be used to buy btc and other coins. It's a good way for me because at most times, there's no need for a new KYC. Also, locally here in the Philippines, the popular app called Coins.Ph is the common exchange and wallet use by circles of crypto users I know.
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November 01, 2019, 04:04:36 PM
 #87

No one exchanger cryptocurrency 100% secure .
Do you know about biggest exchanger cryptocurrency status hacked likely Binance , Poloniex , Bitstamp ?
If you want your crypto is save , using hardware wallet for saving your token or your crypto.
It's true that no exchange is 100% secure, hence one has to be careful.  But the topic is focused on safest means to buy crypto and not really safe means to store crypto. Now it depends on location, if buying with credit card, most reputable centralized exchanges like Binance, Kucoin have that feature. Or Use luno or localbitcoin as alternatives.

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November 01, 2019, 06:09:36 PM
 #88

Changelly and shapeshift are safe, but they have huge fees. If you are afraid of your identity, why don´t you buy crypto on the street, for example through LocalBitcoin or any other P2P site?
Also there are Bitcoin ATMs that provides high security, but also it is an expensive way how to get crypto.   Smiley

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November 01, 2019, 07:53:00 PM
 #89

Changelly and shapeshift are safe, but they have huge fees. If you are afraid of your identity, why don´t you buy crypto on the street, for example through LocalBitcoin or any other P2P site?
Also there are Bitcoin ATMs that provides high security, but also it is an expensive way how to get crypto.   Smiley
I think the easy way is to check first before making a transaction, if market confidence is high you can do transactions in it, trust can be seen from the amount of volume that is in an exchange. for a time like now, doing an assessment is quite easy and don't complicate yourself
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November 01, 2019, 08:12:40 PM
 #90

Actually how to buy crypto most people do is through the trading market. Safe is not safe depending on how we use it like protecting our computers from web phishing and malware where your data can be hacked by thieves. You can use the local trading market to exchange your fiat for crypto, this is a simple method

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November 01, 2019, 08:53:49 PM
 #91

you have 2 ways:

1. buying in DEX such as bancor, wavesDEX, etc. 9 Best Decentralized Exchanges That You Can Use To Trade NOW

2. buy on CEX such as binance, bittrex. but it just can be bought under 2 btc. above that you'll need KYC.
after buying on CEX, transfer it on your own wallet, dont safe on that CEX

 
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November 01, 2019, 09:13:34 PM
 #92

If you are not sure about buying on international exchanges that have been popular and trusted by cryptocurrencies user, you can Buy at a local exchange in your country that has been verified by the government. The security problem depends on the method to avoid cyber crime, as long as you are careful your will be safe.
I think international exchanges are mainly for exchanges that have high popularity, so I'm sure their security is good. but to buy, depends on you. the most important thing is always be careful when accessing and don't make mistakes before your investment is placed in a safe place
I
t is right that international exchanges are of high popularity and most of them are safe but to recognize safe exchanges it takes time and knowledge is also required, most of the people are unable to find the safest one and they become the victim of scam exchanges, so selecting the safest should be the first priority and also keeping an eye on the investment is very good.
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November 01, 2019, 11:23:49 PM
 #93

you have 2 ways:

1. buying in DEX such as bancor, wavesDEX, etc. 9 Best Decentralized Exchanges That You Can Use To Trade NOW

2. buy on CEX such as binance, bittrex. but it just can be bought under 2 btc. above that you'll need KYC.
after buying on CEX, transfer it on your own wallet, dont safe on that CEX
1 Dex is having low liquidity and that means you will get a chance to get in the low rate or even highest rate. it's not a recommended way to buy crypto through use dex caused by the liqudity.
2 KYC verification doesn't matter a lot and 2 bitcoin is a daily limit and im sure everyone will be fine about that consider about the daily limit is so huge. If you have reached the daily limit and buy again tomorrow.

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November 02, 2019, 12:04:19 AM
 #94

If you want to buy crypto safely, then buy from an existing exchange in your area. If there isn't, you can buy it through large exchanges such as Binance, Kucoin, Gate, and many more. You can check coinmarketcap for reliable exchanges.
Actually buying it is quite easy and very safe. What's not safe is how you keep it, my friend. No one can hack a blockchain network of coins, you have attacked by phishing and your keylog is stolen by the fake web creator.



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jossiel
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November 02, 2019, 12:58:05 AM
 #95

On Binance, you don't have to be verified or apply for KYC just to be eligible in trading. But sure you have some certain limits on that.

https://techcrunch.com/2019/06/14/binance-begins-to-restrict-us-customers/

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November 02, 2019, 03:22:27 AM
 #96

If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
very good advice in investing with crypto currencies by knowing the chart of the development of crypto currencies that we invest we can make benchmarks in investing and make decisions to invest with crypto currencies and maybe as investors we must be good at utilizing every opportunity we will get in investing

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Aldrinx00
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November 02, 2019, 03:29:00 AM
 #97

If you don't want to do kcy then you can use binance but there's a limit of 2 btc max withdrawal per day. The safest way to store your crypto? I think it's best to keep your holdings in a hardware wallet like trezor or nano, make sure to keep your private key safe.

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November 02, 2019, 03:44:45 AM
 #98

If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
very good advice in investing with crypto currencies by knowing the chart of the development of crypto currencies that we invest we can make benchmarks in investing and make decisions to invest with crypto currencies and maybe as investors we must be good at utilizing every opportunity we will get in investing
right, the first is to choose a good exchange to maintain the security of our assets. we no longer doubt binance as a reference exchange. because we know this exchange fully replaces lost customer funds when a hack occurs. Additional security is a good way to increase performance, but we must also maintain security by not opening suspicious emails


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November 02, 2019, 04:14:45 AM
 #99

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!
In our country which is Philippines there is what we called coins.ph in which we can cash in a money and through 7/11 we can get it in our coins.ph to buy or convert our money into cryptocurrency which is bitcoin, ethereum,xrp or bitcoin cash, you can also do is to deposit a money into a bank then transfer it into your exchanger like binance or etc. to buy some crypto. There is so many safe way in order for you to buy crypto in some exchangers, just make sure that the exchanger is good and legit enough.



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Rainbot
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November 02, 2019, 04:19:43 AM
 #100

If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
Put funds on the exchange? Are you sure you will be safe? because our funds are fully controlled by the exchange. Have you ever seen the case that exchanges that have been hacked are the cases of users who put money there? problematic average can not even withdraw their funds and must take time to be able to withdraw these funds. less precise if we say safe on exchange funds

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