Kong Hey Pakboy
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July 07, 2020, 11:30:46 AM |
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There are a lot of ways on how to buy Cryptocurrency. First, there must be some applications that are developed within the country that is able to buy Bitcoin and convert it into a few Cryptocurrency. Second, you can learn about exchanges and practice "buying and selling". Buying Cryptocurrency if you are new is not the best move based in my point of view. We must first see that how would some parts of the Cryptocurrency industry really works and gain knowledge on that part.
Indeed. Some countries have their crypto wallet that they developed, so their people could easily buy Cryptocurrency. Like here in the Philippines, we have our bitcoin wallet called Coins.ph, which we could buy bitcoin and other cryptocurrencies through remittances services and banks. So if your country has its crypto wallet, it will be easier for you to buy and sell cryptocurrencies. |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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taufik123
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July 07, 2020, 11:39:15 PM |
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If you decide to go KYC route, at least make sure you don't do it on dubious exchanges.
I'd recommend: Kraken, Bittrex, Bitstamp.
Why don't you recommend Binance as a recommended exchange. Binance is even now a popular exchange and with the addition of a P2P platform that makes it easy for binance users to buy and sell Bitcoin using FIAT and connect with your bank account. In addition there are many other ways to make cryptocurrency purchases. just how you choose it and suits you. KYC is not always bad, depending on how we choose a place that is really recommended. Do not do KYC on an exchange full of scammers and not recommended. |
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sheenshane
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Cashback 15%
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July 07, 2020, 11:48:15 PM |
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If you decide to go KYC route, at least make sure you don't do it on dubious exchanges.
I'd recommend: Kraken, Bittrex, Bitstamp.
Why don't you recommend Binance as a recommended exchange. Binance is even now a popular exchange and with the addition of a P2P platform that makes it easy for binance users to buy and sell Bitcoin using FIAT and connect with your bank account.. You forgot to include in your suggestion that Binance withdrawal should not exclude over 2 Bitcoin per day. The rest, you must be passed the KYC they implemented. There are various ways how to purchase Bitcoin without submitting KYC as your legal documents on the exchange. I had read a different thread that has an error transaction here in Bitcointalk. As a newbie buyer, you should know how it works and the safe wallet where you will store your Bitcoin safely. Because usually, I have heard newbies are prone to hack and scams. |
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Debonaire217
Sr. Member
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In Code We Trust
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July 08, 2020, 05:29:36 AM |
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Have you tried to use PayPal already? I have read some news that PayPal is available to buy cryptocurrencies to 202 countries, I hope your country is included because I believe not all country have their own local exchange. You can check the availability of your country here: https://www.paypal.com/us/webapps/mpp/country-worldwideIf still not, you might search for a friend and personally buy bitcoin from him. |
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Rafiqul
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July 21, 2020, 06:05:01 PM |
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I think everyone should learn a lot about this before investing in cryptocurrency. The best way to buy cryptocurrency is to buy from a good exchange. For this you can use trusted exchanges like Coinbase, Beatrex, Binance and Kucoin. A good wallet is needed to store purchased currencies; For which you can download the Electrum.org wallet and use the desktop version.
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BuNga_cute
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July 21, 2020, 06:56:34 PM |
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To be able to start buying cryptocurrency, of course you have to find a trusted and popular platform. So we are safe to make transactions,
I have read several articles before that indeed provide the best input exchanges that can be used to buy cryptocurrency.There are several
popular exchanges used by citizens of the United States to buy cryptocurrency, such as Binance, Kraken, Bittrex and Poloniex.
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rathaha10
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io.ezystayz.com
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July 21, 2020, 07:44:38 PM |
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It's been taking too long trying to find one that works well enough to use. I just want to start buying coins already.
If i understand perfectly what you really want, you are looking for cheaper and secure way to buy crypto coins as well as a good wallet to store them. Considering the fact that you are in US and most of the platform doesn't have the jurisdictions to operate in the US, i don't think you much of an option but I'll suggest you stick with Binance platform as they have a well secure wallet (trust wallet) and they have an exchange dedicated for the citizens of US (Binance US) |
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Idrix1
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July 21, 2020, 09:15:55 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.
The fact that you resides in the US really makes your option a little because a lot of exchanges dosen't support users from US due to US strict rules. However, i think there are quite a number of exchanges that work in US, a good example is the BINANCE US which seems to be designed for only people over there and couoled with the fact that binance is the most trusted exchange in this space, i think you should go for it |
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michellee
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July 22, 2020, 05:03:20 AM |
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Have you tried to use PayPal already? I have read some news that PayPal is available to buy cryptocurrencies to 202 countries, I hope your country is included because I believe not all country have their own local exchange. You can check the availability of your country here: https://www.paypal.com/us/webapps/mpp/country-worldwideIf still not, you might search for a friend and personally buy bitcoin from him. I would not suggest using Paypal because Paypal is one of the most strict payment processors that we should be careful about making a transaction. I think he can search for a local seller in his city, so I am sure he will not have a problem. Besides that, Paypal needs more things to prepare before Paypal can integrate their system to accept cryptocurrency. |
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verita1
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July 22, 2020, 05:54:04 AM |
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Great news. I've finally found a way to buy cryptocurrencies and its super fast, easy and cheap. This will even work if you live somewhere that does not allow people to purchase cryptocurrencies (for example, United States, especially the state of New York).
All you have to do is buy some Ethereum and put it in a crypto wallet (for example, Coinbase Wallet). Then, you have to go to a website like Uniswap.org, SimpleSwap.io, or KyberSwap.com and connect your wallet or enter your wallet address. Then you can conduct an exchange. That's it.
I did my transactions with Ethereum but it will also work with Bitcoin or other cryptos.
*AND* don't ever use a credit card to purchase cryptocurrencies because your credit card company will consider it to be a cash advance and will charge interest EVERYDAY!
Now the challenge becomes how does someone sell their digital assets? Anyone care to make a suggestion?
I'm glad you found a way to buy crypto and made a good choice. I also like to buy at Uniswap it is inexpensive and has a good collection of crypto. Swap is convenient when you are looking to buy a coin fast. I like Atomic Wallet because it also has swap of some coins. Favorite exchanges: Binance, KuCoin, Hotbit, CoinEx, the exchange you choose will depend on where the coins you want to sell are listed. |
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