What is the safest way to buy crypto?

[AssociatesBumble579]

First of all I need to know what do you mean by safely? Is this about preventing from scammer, then use reputed exchanges such as Coinbase, Binance etc. On the other hand if you are not from such country, then find local bitcoin to make the deal.
On the other hand, if you meant exchange security by safely. It’s surely Coinbase and it’s the best choice. Most secured, lower fees etc.

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[memed97]

Only buy cryptos on popular exchanges such as Binance, Indodax, Okex, and Coinbene. Because they already have high security and maintain your privacy as a member.

Yes, what you mentioned is an exchange or the safest place to buy crypto,
but for now it's very difficult to choose tokens or coins that are really safe for us to buy.

[Coltpython]

I heard some banks are now getting licence to sell cryptocurrency assets. Maybe you should check your local banks if they are allowed to this. If not then you should look online to exchanges like binance.

[satgoldan]

Since everything in this world is a hoax, the safest way is probably the terminals, since those who put them on the territory of the countries are most likely businessmen and in case of any problems you can sue them, or perhaps decide everything unilaterally without third parties. Since now people can do everything for money, I think that in some cases you should not even trust your friends.

[cutesgirl]

exchange security or kyc will  be exchange's policy. They need customer personal data in order to record money flow if something wrong happen. For example if exchanges hacked ,they could track this fund run to which people and block address to avoid massive dumping . Personally i am comfort with this policy. It give me certainity and comfortable. Unfortunately many traders didn't understand about it.

For you to make sure that your funds is safe or your asset, make sure you only trade on a real exchanges  and top exchanges like binance,hitbtc,livecoin,bibox and so many more, you may see it in coinmarketcap list of top 10 exchanges. It is good to know that these exchanges having a great security that it is too hard for the hacker to control, it makes our worries gone and our assets safe. But you need also to strenghten your password security.

After buying bitcoin or altcoin and you want to keep save for long term keep hold your assets in offline nano ledger wallet, I think many benefit if you keep holding your assets in nano ledger wallet because very safety than you keep hold with exchange market account, some time exchange can hacked like upbit and you have waiting more time for withdrawing your balance.

[Saisher]

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 way is peer to peer this is how I bought my first coin, back when we still don't have a local exchanger, but pick the right people to transact it's better someone near you and you have mutual trust to each other. I stopped doing this it's still preferable to buy on exchange that you trust.

[Chrystora123]

Only buy cryptos on popular exchanges such as Binance, Indodax, Okex, and Coinbene. Because they already have high security and maintain your privacy as a member.

I highly recommend this 3 exchange (Binance, Indodax, Okex).  I saved a few thousand dollars of my crypto assets which I shared into these 3 exchanges and until now I have never experienced a problem (deposit, withdrawal and hold interruptions).  in addition to the many pairs, the fee is cheap.

[Hardcore-coin]

I should say that using Changelly is safety because I have experience to use it and all was good. Another good platform to exchange crypto is Kuna. But you should discover which currencies available.

[arnoldrimmer]

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!

Not every exchange requires kyc there still some trusted ones that you can make your purchase without submitting your data, the likes of Binance, Kucoin and you can also try per to per which is also very risky on its own

[StephenJH]

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!

Not every exchange requires kyc there still some trusted ones that you can make your purchase without submitting your data, the likes of Binance, Kucoin and you can also try per to per which is also very risky on its own

The best option is to use the Peer to Peer model but the disadvantages of the P2P model can be a tough for the new traders. Using the correct platform or exchange is necessary but the best option is to have an experience in the centralized exchanges. Binance has a limit for new accounts and I doubt the user will be able to buy 10 BTC without being aksed for KYC by the exchange.

[Tcode53]

With so many options available, it can be difficult to choose the best option to buy crypto. Plus, there are lots of things you need to think about before you start buying cryptocurrency. Albeit, there are exchanges that accept FIAT to Crypto deposit for its users.

[gedarchitect]

The safest way o buy crypto is buying from a good and reputable exchange like BINANCE, BITTREX, POLONIEX, OKEX, KUCOIN and the likes. Reason been that they are easy to use and likewise have sophisticated technology to enhance security

[d3nz]

I guess buying the cryptocurrency is much safer when to peer to peer or there is an local exchange near your place. And i am buying from my local exchange and no issue at all.

And i would not suggest to buy from an exchange or since i think it's not safe to provided your personal information or card number.

[X-ray]

I guess buying the cryptocurrency is much safer when to peer to peer or there is an local exchange near your place. And i am buying from my local exchange and no issue at all.

And i would not suggest to buy from an exchange or since i think it's not safe to provided your personal information or card number.

Buying from an individual is fine if you can deal with them and ensure your own safety though if you are making a huge transaction it'll be another problem. There are chances that you'll get robbed which is far worse than being scammed because you're risking your life there although as I said earlier, if you can manage it's fine. But, I'd definitely prefer to deal indirectly through trusted third party which is popular exchange rather than risking my life. I mean 0.1 BTC is not worth my life.

[Arkann]

Before planning to purchase cryptocurrency , you should be very clear about rules in your country for buying and selling cryptocurrency. In many countries government are banning for any crypto transactions. If you r country is not in the list then you should choose many crypto buying sites like binance, coinbase and much more.

I think that in this situation, when the government prohibits any cryptocurrency transactions, you can use intermediaries to purchase cryptocurrencies.  In addition, with the help of Bestchange you can buy cryptocurrency for the funds that are in your bank account.  In this case, fiat funds are transferred from one user to another, but you indicate your cryptocurrency wallet to which your coins will come to you.  It is thanks to Bestchenge that you can recognize a reputable exchange, because in other cases there may be a risk of fraud.

[Trela]

Before planning to purchase cryptocurrency , you should be very clear about rules in your country for buying and selling cryptocurrency. In many countries government are banning for any crypto transactions. If you r country is not in the list then you should choose many crypto buying sites like binance, coinbase and much more.

I think that in this situation, when the government prohibits any cryptocurrency transactions, you can use intermediaries to purchase cryptocurrencies.  In addition, with the help of Bestchange you can buy cryptocurrency for the funds that are in your bank account.  In this case, fiat funds are transferred from one user to another, but you indicate your cryptocurrency wallet to which your coins will come to you.  It is thanks to Bestchenge that you can recognize a reputable exchange, because in other cases there may be a risk of fraud.

But by this way you are violating terms proposed by he government. Better keep in mind that if you are planning to buy any crypto then you do it with your own risk

Yes, so risky when your country doesn't accept any cryptocurrency trading! Before doing that, some pieces of knowledge about "security and anonymous on the Internet" are necessary. VPN, Tor, or VPS are useful for this thing, but as I said, the security is also one of the most important things must you care about it.

[b1boy]

I believe you can use direct bank deposits on binace Exchange  and purchase crypto there. Right now the most genuine crypto trade and they additionally have low exchanging and withdrawal charges. And I actually really like Store your cash by means of bank move to Binance trade and purchase crypto there. Right now I actually like changelly but its too expensive to use and i hope they reduce their fees soon

[adzino]

in my opinion binance exchange is the safest exchange at the moment and also binance exchange does not require user's personal data if cryptocurrency withdrawals below 1 btc

Are you sure binance does not require users to go through KYC process? As far as I remember, users must submit full documents and must be verified before they can actually buy crypto currencies with fiat from binance. Also, sometimes bank transactions get held/frozen and that becomes quite a hassle. The fees are also insane. The best way to buy bitcoins or any crypto currency is through p2p transaction. Use localbitcoins for that.

[vanegl]

in my opinion binance exchange is the safest exchange at the moment and also binance exchange does not require user's personal data if cryptocurrency withdrawals below 1 btc

Are you sure binance does not require users to go through KYC process? As far as I remember, users must submit full documents and must be verified before they can actually buy crypto currencies with fiat from binance. Also, sometimes bank transactions get held/frozen and that becomes quite a hassle. The fees are also insane. The best way to buy bitcoins or any crypto currency is through p2p transaction. Use localbitcoins for that.

I'm pretty sure Binance require KYC and it is necessary for any transaction. I like localbitcoins too, is a very safe place to buy through p2p transaction.

[sidkz]

Binance exchange, I believe that this is the most reliable and secure exchange
I use it regularly

do not use new exchanges to exchange it may not be safe