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Author Topic: What is the safest way to buy crypto?  (Read 5420 times)
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November 14, 2019, 03:11:32 AM
 #161

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 you want to buy a secure crypto there are lots of exchanges that don't need to use personal data for example binance exchange but you have to enable multilevel security to be more secure

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November 14, 2019, 03:36:01 AM
 #162

First of all there was no guarantee for  the safest way to buy cryptos but you can still buy it at the top list exchange for your own safety. Always do your own research before trowing your money at new cryptos as the risk is far more high from the one that already has being listed on exchange so there was no guarantee for your safety on this cryptocurrency world.
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November 14, 2019, 03:43:44 AM
 #163

in my country Indodax is safest exchange to date and I always make purchases and sales there and change to fiat, but many people also recommend binance as safe place, actually it all depends on you alone in maintaining security of your password.

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November 14, 2019, 03:56:30 AM
 #164

in my country Indodax is safest exchange to date and I always make purchases and sales there and change to fiat, but many people also recommend binance as safe place, actually it all depends on you alone in maintaining security of your password.
In my country, you can buy bitcoin and other cryptocurrencies such as ETH, BCH and XRP in a online wallet called coins.ph, which you can also used this wallet to pay bills and buy prepaid loads. Binance is really the safest exchange to buy cryptocurrency, that is why it is considered the biggest crypto exchange because it has great security to secure your assets and it has correct trading volume.



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November 14, 2019, 04:10:08 AM
 #165

in my country Indodax is safest exchange to date and I always make purchases and sales there and change to fiat, but many people also recommend binance as safe place, actually it all depends on you alone in maintaining security of your password.
In my country, you can buy bitcoin and other cryptocurrencies such as ETH, BCH and XRP in a online wallet called coins.ph, which you can also used this wallet to pay bills and buy prepaid loads. Binance is really the safest exchange to buy cryptocurrency, that is why it is considered the biggest crypto exchange because it has great security to secure your assets and it has correct trading volume.
trading in binance is more convenient now. because large trading helps us to manage our assets with a fairly fast daily trading strategy. I buy assets in binance and trade there, but do not store assets in a personal wallet. I leave it in exchange and it will be interesting if I need it. although it is risky for large exchanges like binance, I don't think there are any worries.

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November 14, 2019, 04:11:17 AM
 #166

in my country Indodax is safest exchange to date and I always make purchases and sales there and change to fiat, but many people also recommend binance as safe place, actually it all depends on you alone in maintaining security of your password.
In my country, you can buy bitcoin and other cryptocurrencies such as ETH, BCH and XRP in a online wallet called coins.ph, which you can also used this wallet to pay bills and buy prepaid loads. Binance is really the safest exchange to buy cryptocurrency, that is why it is considered the biggest crypto exchange because it has great security to secure your assets and it has correct trading volume.
My country can buy bitcoin with local exchange with deposit money first to local exchange market, after money received you can buy bitcoin and may altcoin kind listed there, there are few altcoin listed on my local exchange market and I use it for sending to binance and buying many altcoin kind, for local exchange using for depositing and withdrawing only.

 
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November 14, 2019, 06:20:28 AM
 #167

in my country Indodax is safest exchange to date and I always make purchases and sales there and change to fiat, but many people also recommend binance as safe place, actually it all depends on you alone in maintaining security of your password.
In my country, you can buy bitcoin and other cryptocurrencies such as ETH, BCH and XRP in a online wallet called coins.ph, which you can also used this wallet to pay bills and buy prepaid loads. Binance is really the safest exchange to buy cryptocurrency, that is why it is considered the biggest crypto exchange because it has great security to secure your assets and it has correct trading volume.
trading in binance is more convenient now. because large trading helps us to manage our assets with a fairly fast daily trading strategy. I buy assets in binance and trade there, but do not store assets in a personal wallet. I leave it in exchange and it will be interesting if I need it. although it is risky for large exchanges like binance, I don't think there are any worries.

Storing assets on exchange is also not recommended for all user, because we don't know how hackers attack. We all know the the technology is continuously upgrading Everytime past. Expect more risk on storing assets on exchange. There are many situation like that in this past few days.

Store assets on exchange, at you own risk.

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November 14, 2019, 06:36:24 AM
 #168

To answer your question, non-custodial exchanges are relatively safe. But if you want a better method, get yourself a cold wallet so you can store your funds there. If you are not planning to buy huge amounts of cryptocurrency that you will need to withdraw as soon as you can, then you can make an account on any popular exchange and purchase there. Then, send the funds to your cold wallet. That way, only you will have access to your funds. Don’t lose your cold wallet though, as no one else will be able to retrieve it — not even you or the hackers.
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November 14, 2019, 08:30:24 AM
 #169

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 usually use Kuna exchange because there I can bought crypto peer to peer, without medium and even without comission. The process can be run thanks Kuna exchange and Kuna telegram bot.

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November 14, 2019, 04:46:54 PM
 #170

in my country Indodax is safest exchange to date and I always make purchases and sales there and change to fiat, but many people also recommend binance as safe place, actually it all depends on you alone in maintaining security of your password.
But i suggest when buying bitcoin and want to invest for the long term, save it in a wallet blockchain or whatever and don't keep it in exchangers because our security is safer if we save there

 
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November 14, 2019, 08:14:05 PM
 #171

I usually use Kuna exchange because there I can bought crypto peer to peer, without medium and even without comission. The process can be run thanks Kuna exchange and Kuna telegram bot.
I haven't used Kuna exchange but is it a good and safe one?

But i suggest when buying bitcoin and want to invest for the long term, save it in a wallet blockchain or whatever and don't keep it in exchangers because our security is safer if we save there
Blockchain wallet? the blockchain.com's wallet? it's a web wallet and you should understand that it isn't safe. The safest wallet would be the hardware wallets or desktop wallets like Electrum.




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November 14, 2019, 08:50:06 PM
 #172

use decentralized exchanges for buying and ledger nano wallet for holding- I think it is the best and safe way to hold crypto
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November 15, 2019, 06:36:01 PM
 #173

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!
It is really difficult nowadays to trust sites because most of them are scams. You could buy or purchase bitcoin safely in Binance exchange because binance is considered the biggest cryptocurrencies exchange in the world in terms of trading volume, that is why it could be trusted and would never sell your personal data.
If we are to rely on binance alone as the only reliable exchange, I think that the monopoly will be too much. The volume that will be available might be a great advantage to many off its users, but we need to consider the congestion that will make our trading delay, so this still has its own disadvantage also. There are still other reliable exchanges other than binance exchange, and this can be found amongst the top 10 most reliable exchange.

We still have exchanges like huobi, kucoin, and many other exchanges with very high volume and reputation. For security, I don't think that any exchange can really guarantee or vouch that their exchange will be able to provide a maximum security because hackers are well trained to know everything about breaking security.
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November 16, 2019, 07:20:20 PM
 #174

Using some of the top exchange is one of the best and most secured way to safely buy your cryptocurrency, and using a per to per swap exchange like #ChangenNow is perfect.

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November 16, 2019, 09:15:14 PM
 #175

The safest way is by going through an exchange, not just an exchange but a trusted one that has gone a long test of time so you can buy and withdraw peacefully without having issues regarding withdrawal. There are also some local exchanges or escrows that are legit.

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November 17, 2019, 02:22:25 AM
 #176

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!

Binance Exchange is an easy place for you to buy altcoin, because at Binance Exchange you are not required to fill KYC, so of course your personal data will remain safe and you can easily buy altcoin on Binance Exchange without fear of your personal data being sold.

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November 17, 2019, 03:22:55 AM
 #177

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!
Binance Exchange is an easy place for you to buy altcoin, because at Binance Exchange you are not required to fill KYC, so of course your personal data will remain safe and you can easily buy altcoin on Binance Exchange without fear of your personal data being sold.
This exchange has leaked user information in the past few months and this makes the participants at this exchange very worried. I think they should be more careful because Binance is one of the biggest exchanges in the crypto market and if the information is leaked again, a lot of investors will surely leave. Currently this exchange is still encouraged to participate so I will still use Binance.

In addition, exchanges like Okex, Kucoin, Huobi are also very good user protection and have never leaked customer information when KYC.

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November 17, 2019, 06:01:10 AM
Last edit: November 17, 2019, 06:39:54 AM by KnowelsB
 #178

The safest way to by crypto is either on a good exchange or a good local legit escrow groups. Aside these aformationed I don't know any other good way of buying crypto. Maybe anyone can have one or two trusted means too

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November 17, 2019, 02:41:17 PM
 #179

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 think there' s no safe way to buy crypto, because whatever it is, hackers will find a way to take your property, if they want to. So i suggest you use some cold - hearted wallets like Exodus, the Ledger Nano S,....  Wink
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November 17, 2019, 02:54:53 PM
 #180

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 you can use non custodial wallets like changelly and shapeshift. Here in our country we can easily buy bitcoin because the local wallet in our country is partnered with convenience stores, like 7-11. Where in one tap you are given a barcode in app and you just go to the partnered store of the bitcoin wallet and there it pays, And you instantly receive the bitcoin in your app you . it is also trustworthy as it is credited by sec and our bank central.

 
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