ardainvests (OP)
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June 14, 2020, 11:20:14 PM Last edit: July 30, 2020, 05:47:14 AM by ardainvests |
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mk4
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June 15, 2020, 12:13:05 AM |
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I really don't suggest buying any cryptocurrency besides bitcoin, but you do you. 1. Buy some bitcoin in your preferred exchange(Kraken[1], Gemini[2], etc). If you don't want fees, I'm afraid your only choice is to do it peer-to-peer through platforms like Bisq[3] and Hodl Hodl[4], which can be slightly harder to use. Each person here has different preferences when talking about exchanges, as people here live in different countries. 2. Send over the BTC to exchanges such as Binance[5], and exchange your BTC for whatever altcoin you want. 3. Withdraw the coins, preferably to a non-custodial wallet[5].
[1] https://kraken.com/[2] https://gemini.com/[3] https://bisq.network/[4] https://hodlhodl.com/[5] https://cryptosec.info/wallets/#noncustodial
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bitmover
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June 15, 2020, 01:03:11 AM |
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I have been trying to find a good service/bitcoin wallet to buy cryptocurrencies but haven't been able to find any.
HEllo and welcome to the forum and to bitcoin community. I suggest that you take some time to read more about bitcoin. There are 2 main things you need to choose: 1 - a good wallet to store your bitcoins 2 - a good exchange to buy bitcoins and immediately move them to your wallet. The most risky part is choosing and good exchange, because most of the scams are exchange related. You won't be buying any bitcoin through your wallet. Sometimes you can do that in wallets like coinbase, but that's not recommended. I suggest that you download Electrum.org wallet and use the desktop version. For exchanges, I suggest that you look for the most famous ones, such as Kraken, Coinbase, Bitstamp, Binance, etc.
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Darker45
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June 15, 2020, 02:59:51 AM |
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Ledger allows you to buy cryptocurrencies through their Ledger Live. The coins will be directly sent to your hardware wallet. That is kind of safe. For the fees, they charge 4.5% for credit card and only 1.7% for bank transfers. [1] If you want to buy without paying any fee, try opening a Coinbase account and make a fiat deposit. They don't charge you for that. With a Coinbase account, you will also have an access to GDAX, their sister company. You need to move your funds from Coinbase to GDAX. Do the purchasing there for free. [1] I took this from the article I linked below, published several months ago. Things could have changed since then. Never tested it myself. Finally, you may also want to drop by BestChange. [3] You can buy from there from a wide array of options. You can also compare their prices. Please do your own research. Good luck! [1] https://www.ledger.com/buy-crypto-in-ledger-live[2] https://www.bitdegree.org/tutorials/cheapest-way-to-buy-bitcoin/[3] https://www.bestchange.com/
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giammangiato
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June 15, 2020, 11:32:02 AM |
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Hi.
I have been trying to find a good service/bitcoin wallet to buy cryptocurrencies but haven't been able to find any. They either don't have the coins that I want to buy or the app doesn't work in my region (United States, New York) or their fees are too high or the app just isn't any good.
Can anyone recommend some good options for how I can buy cryptocurrencies? What are people here at this forum using?
It's been taking too long trying to find one that works well enough to use. I just want to start buying coins already.
hello, there are a lot of ways to buy bitcoins, as previously said by other users you can use the various exchanges that give the possibility to buy btc directly using fiat currency (€, $, ¥, £) such as Kraken or Coinbase , or use the Localsbitcoin platform where you can buy btc from private sellers but to be a little careful about scams. Also if you don't want to use your personal funds you can use Coinbase earn to earn some altcoins to exchange in case of btc. I hope I was helpful
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Mulann2
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June 16, 2020, 03:52:47 AM |
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If Binance support United states I will suggest you use it, it is most trusted and you have a chance to buy directly using your card, then look for a more secure desktop wallet or hardware wallet to store your btc, and about the fee, you don't worry much about it since you are buying to hold long term i believe. Goodluck. Just found out what that's called. That's what's called a spread fee. Too many fees if you ask me. There shouldn't be any.
Then you are not ready to be here, like it or not this is how they operate, you can keep digging and looking for where to buy cheap without fees, I just hope you don't fall in the hands of scammers ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) they will be happy to receive you.
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Darker45
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June 16, 2020, 04:01:43 AM |
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Another thing I noticed is that prices for cryptocurrencies are different between services. For example the price for bitcoin will be more expensive on Coinbase then it is on Kraken. Robinhood is the cheapest and seems to be the only one with the correct market prices. They're different business entities and so it is not unusual for them to charge different fees. Its stuff like this that gives crypto a bad name. Possibly to some. However, Bitcoin =/= Coinbase, Bitcoin =/= Kraken, Bitcoin =/= Robinhood, and so on. These are third parties buying and selling BTC and altcoins and setting up exchange platforms for cryptocurrencies but have nothing to do with Bitcoin itself. Moreover, this impression is almost exclusive only among people who have not yet truly understood Bitcoin.
If you prefer, you may use this board on this forum to purchase Bitcoin 1:1 ($1 is to $1 in BTC). Prefer to use escrow. And as always, DYOR.
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Debonaire217
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June 16, 2020, 04:08:23 AM |
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You might try some recommendations from other members here especially for international exchanges using your credit card, pay pall or bank accounts. But you can also try to search some of the local exchange that you have in your country, though you might need to conduct KYC procedures, it is also beneficial especially if you want to sell bitcoins back to fiats if you need money. Maybe you could provide your country for us to further help you search available exchanges.
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The Cryptovator
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June 16, 2020, 04:54:49 AM |
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If you are beginner in crypto then likely you will have to buy crypto with credit/debit card or with native currency. Probably you wouldn't find your expected crypto-currency to buy with credit card, so you have to start with bitcoin then you may exchange it from any reputed exchange. I will prefer use Binance to buy crypto with card then convert your bitcoin to another crypto-currency as you want if you really need it. Of course you will have to verify your account with KYC for that. Otherwise you may take a look on forum Currency Exchange section, perhaps you would found your expected crypto-currency. You may post there what you need exactly, so perhaps you will found someone from your own country. Before make any deal use forum escrow service to avoid scammers.
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pakhitheboss
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June 16, 2020, 04:34:21 PM |
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Mycelium wallet allows you to buy Bitcoin using credit card and through it's local Market place. It is one of the oldest and most trusted mobile wallet. It is available for both Android and iOS and you can download it for free. It is very easy to install and setup. You can read this article to know how to set up and install the Mycelium wallet. You do not need KYC to buy Bitcoin if you use it's local marketplace
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roberthays
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June 17, 2020, 08:08:11 AM |
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Have you tried Robinhood? They have a really easy to use user interface and have a relatively easy process in buying Bitcoin.
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sukbir
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June 19, 2020, 02:28:17 PM |
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Welcome to forum @ARDAINVESTS, If you are looking to buy bitcoin I would suggest you to use Cash App. They have less withdraw fee . For more information: https://www.youtube.com/watch?v=NbnX3p9Jew0If you are looking to buy alt coin then you need to buy from exchange site.
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⭐⭐★( ͡👁️ ͜ʖ ͡👁️)★🏆Bitcoin🏆 the World's First Decentralized Digital Currency.☆.•´¯`•.☆🌼🌼.•´¯`•.🌼🌼★( ͡👁️ ͜ʖ ͡👁️)★⭐⭐ ✿.。.:* ᗷITᑕOIᑎ *:.。.✿
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Rulelies
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June 20, 2020, 12:57:09 AM |
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That’s because many cryptocurrencies always restricts US citizens. Especially all these ICOs. Anyways try binance. I have bought there. and i think they didn’t restrict US citizens.
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pinggoki
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June 24, 2020, 10:25:15 PM |
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Hi.
I have been trying to find a good service/bitcoin wallet to buy cryptocurrencies but haven't been able to find any. They either don't have the coins that I want to buy or the app doesn't work in my region (United States, New York) or their fees are too high or the app just isn't any good.
Can anyone recommend some good options for how I can buy cryptocurrencies? What are people here at this forum using?
It's been taking too long trying to find one that works well enough to use. I just want to start buying coins already.
I think there are some bitcoin machines located at the United States and you can buy bitcoins or other cryptocurrency there. You can also exchange or convert your dollars into cryptocurrency if you want. There are so many ways on how you will be able to buy or obtain bitcoin, there are a lot of softwares or online exchangers that allows you to buy bitcoins and other cryptocurrency from them.
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kawetsriyanto
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June 24, 2020, 11:17:29 PM |
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Is the coin that you are willing to buy already listed on the coin trackers? You can track the exchanges available over there. However, you may also lead to some big exchanges or markets that sell the crypto available in the US. 1. Coinbase Pro You can transfer your money into the account through bank transfer, bank wire, or SEPA. The fee is quite low enough for the transaction and it also offers certain good prices. ( https://buybitcoinww.co/Coinbase_Cryptocurrency) 2. LocalBitcoins This also offers low fees, easy, fast, and also private enough. However, you must be careful of the scams. follow only the rules and guidance by the LocalBitcoins. ( https://buybitcoinww.co/local_bitcoins) 3. Kraken Kraken also offers low fees. doesn't it? PROS Very low 0.25% taker fee, falling to 0.1% with sufficient trading volume Very low maker fee, falling to 0% with sufficient trading volume Highly-rated for security and data protection But you need ID verification. Well, aside from them, most exchanges have average fees. You can read more on https://www.buybitcoinworldwide.com/united-states/#:~:text=Coinbase%20is%20probably%20the%20fastest,using%20a%20connected%20bank%20account.
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michellee
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June 25, 2020, 02:36:41 AM |
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Fees are inevitable. Some are cheaper than others but it doesn't make much difference. If you want to invest you can't worry about that. It's better than nothing at all.
I recently came across something called Jaxx. I haven't checked it out yet but it looks like it could be a good one. It's available in the app store. It offers many coins for sale and many wallets.
I wish there was one place where you can buy any and every cryptocurrency and it would be super easy and fast.
Can you access localbitcoin? If yes, you can try to search your local bitcoin sellers, and after you found, you can arrange an appointment with him to meet in one place, and you can make a deal with him. Or you can ask him to send the money to him before he sends the bitcoin amount. Another method is you can find local sellers from your city. Usually, this seller is available on facebook's group, so you can directly send a message to him/her. That is what I did if I want to buy bitcoin. Jaxx Liberty? You need to use a credit card, which I am not recommending because that is too risky. It's better to find the local sellers from your city, so you can ask him directly everything you want to know.
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YOSHIE
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June 25, 2020, 05:01:03 AM |
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Can anyone recommend some good options for how I can buy cryptocurrencies? What are people here at this forum using?
a question that is often asked by many members in the bitcointalk forum, for that, before you make an investment, cryptocurrency trading, it would be nice if you take a little time to read & understand this one: Topic: YOUR TOTAL BEGINNERS GUIDE TO CRYPTOCURRENCY and BITCOINTALKHowever, the topics below can provide additional information for you, from other members 'how to buy crypto'. Topic: How to buy Cryptocurrency?Topic: How do I start investing in cryptocurrency?Topic: What is the best way to buy crypto?Do not be reluctant, lazy and shy to read, that is the key to your knowledge.
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TommyGunnaB
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June 25, 2020, 01:29:50 PM |
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There is no single universal way to purchase, options often depend on the regions or the needs of the buyer. Of course, in most cases you will have to pay a fee, otherwise you need to look for a person who will directly exchange the cryptocurrency for other money.
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Butmayselche
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June 25, 2020, 02:09:44 PM |
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These three options will enable you to purchase, store, trade and make profits. Coinbase, Electrum, Binance
Coinbase is your first choice if you want to buy Bitcoin and then you can use Binance to carry out trading operations or Electrum wallet if you want to keep your currencies for a long time and then return coins + profits to Coinbase and withdraw it as profits in your bank account.
it is the basic trading loop and you will add more when have more information.
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WyV3rN
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June 25, 2020, 02:19:49 PM |
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Just google about it and you will find plenty of information.
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