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Author Topic: What is the safest way to buy crypto?  (Read 6020 times)
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November 02, 2019, 04:37:49 PM
 #121

Don't buy crypto with credit card so that you will be safe from intruders and no one will steal your information because it will be kept by the exchanges.
You can have an option to buy with someone directly and pay it with plain cash.


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November 02, 2019, 04:40:03 PM
 #122

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 said you want to buy crypto. lots of crypto is exchanged. But you don't want it. I assume you want to buy privately. You can buy bitcoin at a bitcoin ATM. it doesn't need your identity. but if it's not there, I think the best way is through an official bitcoin exchange. because security is guaranteed, convenient, through a debit or credit card. like bittrex, binance, etc. after that you can move your crypto in your personal wallet. and the safest is the hardware wallet.
I think you can buy bitcoin safely buy using some websites that are legit and famous in terms of selling. You can actually see that when you search on google which is the best website wherein you can buy bitcoin safely. Because as of now there are lots of websites that are not trusted not about scamming your money but because the security is not that good so you should choose some exchange in which the security is highly proposed. There are some websites that you can buy faster and easier but there are some websites that needs KYC on that, meaning you should be verified, what I am saying I think is on the withdrawal side, when you want to withdraw your money you need to take KYC seriously. Hackers and scammers are everywhere so you should be aware of that. As of now, you can also buy bitcoin in the ATM machine but not all countries have that kind of machine.
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November 02, 2019, 04:44:06 PM
 #123

The safest way to buy crypto is a P2P transaction. In which you'll obligate the trader a public place(for safetiness). That's the best way. But, if you don't want to give your information, since its P2P, you're obligated to give info, your name for the other trader's security. You should consider making an account at binance. Without KYC you can withdraw 2 BTC per day.
yes, binance is a pretty good place to buy cryptocurrency without involving KYC, it's just that binance limits the transactions of people who don't do KYC, but it's worth trying. Another thing you can do is look for trusted people who have the bitcoin or cryptocurrency you want, and make transactions with it. it's just hard enough to find people like that, if you get it, make sure you use Escrow.

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November 02, 2019, 04:58:47 PM
 #124

If you want only buy cryptocurrencies then we can say that all bigger crypto exchanges are safe and they will not cause you problems with buying, but the problem could happen if you hold cryptocurrencies on exchanges foir a long time. We have seen that even the largest crypto-exchanges bankrupt or the funds have been stolen.  Cry

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November 02, 2019, 04:59:02 PM
 #125

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!
The best for you was those so called instant exchange that has no required account, KYC or some sort of limitation of buying any crypto currency you want its gaining popularity now just try simpleswap i used it already to buy TRC-20 USDT and its fast.
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November 02, 2019, 05:08:02 PM
 #126

the main reason new people are afraid and hesitant to buy crypto is a feeling of unbelief and fear of losing their money. if you want to play crypto then you have to accept the risk. and the safest way to buy and own a true crypto is by learning how cryptos, exchanges, and wallets are used. if you have mastered it we can start buying the best crypto in good exchange and we can store it in a safe wallet for our investment.
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November 02, 2019, 05:10:53 PM
 #127

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 several exchanges which in my opinion are safe and reliable such as Binance, Kucoin, Idex, Huobi or others.
and Binance is by far the most popular, because you don't need to be verified and don't need to apply for KYC and you can already use it and trade.

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November 02, 2019, 05:26:30 PM
 #128

Actually, the crypto industry is anonymous, so if you question security, I think nothing is safe, everything about cryptoqurrency or blockchain is always risky but profitable too. it's just about how you think about security, I mean it depends on your choice and how much you believe in that choice.

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November 03, 2019, 09:58:33 AM
 #129

Actually, the crypto industry is anonymous, so if you question security, I think nothing is safe, everything about cryptoqurrency or blockchain is always risky but profitable too. it's just about how you think about security, I mean it depends on your choice and how much you believe in that choice.
That is very much true, everything in cryptocurrency precisely is risky, I would not generalize it as blockchain, I think the reason we are generalizing it is because we see cryptocurrency as being same as blockchain, which I can say that cryptocurrency is just a child out of blockchain, there are still other things that blockchain can be used for that is more than cryptocurrency.

When we are picking the cryptocurrency part of it, we really need to know that there is high risk in it and especially some of these centralized system, and that is why using a centralized exchange, we really need to be extremely careful as there is no full guaranteed of security just like we can see it in binance when they were hacked after people had raised so much hope in them.

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November 03, 2019, 11:17:22 AM
 #130

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 several exchanges which in my opinion are safe and reliable such as Binance, Kucoin, Idex, Huobi or others.
and Binance is by far the most popular, because you don't need to be verified and don't need to apply for KYC and you can already use it and trade.
When I was new so I also was not ready to buy or to Spend my money for crypto as I thought it’s not safe and anonymous but as time passes I did research so I found it safe and easy and now I saw some safe sites to invest my money and buy crypto. We should know everything about the site and take an idea from other people about its reputation also we can use this forum.
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November 03, 2019, 12:37:01 PM
 #131

Going for secured exchanges is the best option for you. Most of those exchanges only require KYC when huge sum of money is concerned. And talking about huge sum, we mean $1,000,000 which I am sure you can not currently be able to afford that.
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November 03, 2019, 05:03:56 PM
 #132

Safest place to me to buy Cryptocurrency is on good well known recognised exchanges as they won't scam you. And another rout is through local exchanges like, the local exchanges should pass some regulatory measures and have passed test of time ( being known for long) they are trusted to save you from heartbreaks of scammers . These measures should help run away fr scammers.

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November 03, 2019, 05:30:30 PM
 #133

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!

Yes its safe to use non-custodian exchanges like Changelly and Shape shift. I have used them in couple of times. They are cool with top-notch security.

However, if you are still not cool with them, you may try Atomic Wallet. It is a custodian wallet with other features of buy and sell your Crypto. You can also use your debit card on the Wallet. Security is safe and guaranteed. That's what I have been using for some times now

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November 03, 2019, 05:31:09 PM
 #134

Safest place to me to buy Cryptocurrency is on good well known recognised exchanges as they won't scam you. And another rout is through local exchanges like, the local exchanges should pass some regulatory measures and have passed test of time ( being known for long) they are trusted to save you from heartbreaks of scammers . These measures should help run away fr scammers.
Exchanges are available in large numbers, different exchanges provide with varied accessibility. One can find the best and the convenient one for buying. Apart from this we've got trading platforms like localbitcoins which is best in service around the world. Other than this there is separate section available in our forum where buying and selling of goods and bitcoin is possible.

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November 03, 2019, 05:36:26 PM
 #135

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!
Its safe to use changelly or shapeshift, they accept fiat transactions as well and they have no limit too but any other services you decide to use make sure they have good reviews like luno, binance, localbitcoin, copay or coinbase too

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November 03, 2019, 05:42:31 PM
 #136

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!
Its safe to use changelly or shapeshift, they accept fiat transactions as well and they have no limit too but any other services you decide to use make sure they have good reviews like luno, binance, localbitcoin, copay or coinbase too

i never saw just besides to buy hours helicopter currencies because there is a great opportunity you can find for or currency conversion with localbitcoins.com

Like most of the exchanges you can find the crypto to fiat conversion to their paypal aur banking account with the heavy fees but in localbitcoins you need to pay same amount for any amount of transaction to the LBC.
It will be helpful for you to reduce the fees.

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ashmodeus
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November 03, 2019, 06:11:27 PM
 #137

if u want to buy some crypto with anonymous data , i guess it's totally hard for nowadays .
i suggest you to try find someone on this forum want to sell their coins and using escrow by trusted member here,
its the only way i guess to solved your problem.





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!
Previous years were hard to buy Bitcoin or top coin. Now a days so many way has to buy top currency in safe way. Although you know about coinbase rewards 10 USD for buying 100 USD. You can use your bank account for this case. If you are in restricted country, than find trust users.

op talked about buying without any data instead.
and i am sure coinbase is totally required KYC for buying on their market.

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November 03, 2019, 06:24:23 PM
 #138

If you are worried about money being stolen, you should not use cryptocurrency. As fraudulent behavior becomes increasingly sophisticated, it is very difficult to prevent. Any platform can have holes, just we don't know yet.   Grin Grin Grin
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November 09, 2019, 03:36:20 PM
 #139

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 choose an exchange that has many users and has been trusted to have a very good reputation and even has strong security and is convenient to use, after that you just have to put some money by transferring into one of the currencies available in the exchange, maybe this is the way the simplest that anyone can do to buy cryptocurrency

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JeffBrad12
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November 09, 2019, 04:01:20 PM
 #140

If you are worried about money being stolen, you should not use cryptocurrency. As fraudulent behavior becomes increasingly sophisticated, it is very difficult to prevent. Any platform can have holes, just we don't know yet.   Grin Grin Grin
That is exactly why you need to put more concern regarding security mainly because you are your own bank which means there is no third party risk and warranty involved you own the money you are responsible for it. However there are many method to keep your funds secured and doing that is a piece of cake if you want to spare a some time learning. One more thing you need take care of is about how the regulation in your own country and obey their anti money laundering rules.

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