Minnesooooota (OP)
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July 23, 2014, 06:25:22 AM |
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Hi,
If I am going to order a miner from Bitmain, and only have a coinbase account, how do I pay Bitmain? I heard coinbase takes too long to make the transfer. I don't know what wallet to transfer my bitcoin too.
Please post suggestions.
Thanks,
Shawn
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byt411
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July 23, 2014, 06:27:57 AM |
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No, you simply send bitcoins from your Coinbase account to the address that it will give you.
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os2sam
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Think for yourself
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July 23, 2014, 11:35:59 AM |
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I would think it's best to keep your bitcoins in your own wallet. It's definitely best to pay from your own wallet. If you ever need a refund on something the vendor will most likely send it to the Bitcoin address it came from and services have a tendency to change those addresses from time to time. Your wallet and address are under your control and nobody elses.
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A: Because it messes up the order in which people normally read text.
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Justin00
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★YoBit.Net★ 350+ Coins Exchange & Dice
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July 23, 2014, 11:39:48 AM |
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Best to pay using a credit card for 2 reasons.
First is BTC could go up a crap load heh and second is you can easily do a charge back and VISA or who ever will help you.
Using BTC you have no recourse once you send it. Its gone and you just have to hope for the best.
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TheDragonSlayer
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July 23, 2014, 12:16:59 PM |
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Best to pay using a credit card for 2 reasons.
First is BTC could go up a crap load heh and second is you can easily do a charge back and VISA or who ever will help you.
Using BTC you have no recourse once you send it. Its gone and you just have to hope for the best.
Agree, but most manufacturer nowadays don't accept credit card. |
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Justin00
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July 23, 2014, 01:05:30 PM |
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Well best find a reliable one that does. Or at least use a Paypal!!
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cloverme
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SpacePirate.io
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July 23, 2014, 02:23:07 PM |
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Coinbase is the best and safest exchange to use for US residents, while they do take a few days to get you verified, it is the easiest method. The next method would be to use localbitcoins.com to find a seller who will sell you bitcoins for either cash in person or paypal. Note that you will pay a bit of a premium with localbitcoins to offset the risk the seller takes. Also, note that using paypal for buying and selling bitcoins is likely to get either your account as a buyer suspended or the sellers paypal account suspended, so those willing to trade paypal for bitcoins is often a 25% or higher than market rate.
Some other tips:
- Avoid trying to get a prepaid cash card in trade for bitcoins, there have been problems with scammers and the process can be complicated. This includes money transfer services too.
- Stay away from group-buys for mining hardware, too many of them are not legit, so you can quickly lose your money.
- Only buy from well-trusted and known mining hardware suppliers directly. Re-sellers may have replaced factory parts or selling used and overclocked miners as new. Having a website doesn't make a company or a person "legit" remember to do your due diligence and research before purchasing.
- Stay away from pre-orders, either equipment won't ship, or when it does ship it doesn't meet expectations.
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spazzdla
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July 23, 2014, 02:53:05 PM |
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Well best find a reliable one that does. Or at least use a Paypal!!
Do you even mine bro? If the company is accepting Visa and not BTC you're gonna have a bad time. |
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_Miracle
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July 23, 2014, 05:11:52 PM |
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Best to pay using a credit card for 2 reasons.
First is BTC could go up a crap load heh and second is you can easily do a charge back and VISA or who ever will help you.
Using BTC you have no recourse once you send it. Its gone and you just have to hope for the best.
Bitmain does not take credit cards . If you are going to start mining coins into an account, it would be a good idea to get a "FAT" wallet like Armory (start downloading now, it's gonna take awhile ;-). I've rarely paid an invoice straight from a coinbase account but when I've transferred (like say into my own wallet) it has been timely enough. |
There 'used' to be more truth in forums than anywhere else. Twitter: @cryptobitchicks Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?" INTJ-A
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philipma1957
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'The right to privacy matters'
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July 23, 2014, 08:19:45 PM |
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open a wallet it is free. here is a link https://blockchain.info/https://blockchain.info/walletlearn to use it. make a long password. screen shot the password. take a photo of the screen transfer .01 btc to it from your coinbase account practice moving it back and forth |
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xstr8guy
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July 24, 2014, 02:05:59 AM |
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Never, I repeat, NEVER send bitcoins to make a purchase from an account you don't have direct control over! Coinbase is great though. Send money to your Coinbase account, buy BTC, transfer it to your own wallet and then send to your vendor of choice. Wallets... https://bitcoin.org/en/choose-your-wallet |
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DhaniBoy
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August 09, 2014, 04:29:41 AM |
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Hi,
If I am going to order a miner from Bitmain, and only have a coinbase account, how do I pay Bitmain? I heard coinbase takes too long to make the transfer. I don't know what wallet to transfer my bitcoin too.
Please post suggestions.
Thanks,
Shawn
it's more safe if you have your own wallet, you can control by yourself, no one can interference you it's just a simple way to make it in blockchain.info thanks ... |
██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ |
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Bitsaurus
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August 09, 2014, 04:54:35 AM |
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As noted above, never send a payment from an exchange if you think that you might need a refund at a later time. The person sending the refund will usually insist on sending coins back to the address they came from and the exchanges will not credit you for that payment.
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johny08
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August 13, 2014, 05:57:49 PM |
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Well best find a reliable one that does. Or at least use a Paypal!!
I guess bitmine is a vendor you can trust. |
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EvilPanda
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August 14, 2014, 12:04:42 PM |
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Well best find a reliable one that does. Or at least use a Paypal!!
I guess bitmine is a vendor you can trust. Yes they are fine. Pay with btc, we are here to support bitcoin transactions right? Just do it like you were advised, from your own wallet. |
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cat2
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September 12, 2014, 04:44:32 PM |
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Sorry but I don't understand. What is the downside of sending a payment to Bitmain from my Coinbase wallet? Why should I use the wallet on my pc? If Bitmain refused to send a refund why would it matter what wallet I had used to pay them. If they send a refund wouldn't my wallet on coinbase accept it? I'm thinking of making my first purchase with Bitcoin from Bitmain.
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><((((º>·.·..><((((º>
..·..><((((º>
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ChuckBuck
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September 12, 2014, 04:57:53 PM |
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Either Coinbase or PC based wallet like Electrum, Armory, Bitcoin core should work.
You should be able to pay in Bitcoin on Bitmain's website using any of these, just make you're sending to the right BTC Address.
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nwfella
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Well hello there!
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September 13, 2014, 05:59:05 PM |
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If you are basically holding your bitcoins in your coinbase wallet so you don't have to worry about downloading the entire blockchain with bitcoin-qt and if your still worried about the amount of time it might take to pay your bitcoin invoice on bitmain you might want to consider transferring however many satoshi's you'll need to pay for the bitmain invoice over to a blockchain.info wallet. Payments from blockchain.info in my experience has been a bit faster than when I pay for something out of coinbase wallet(s). Additionally you have the benefit of your address basically being available immediately without having to wait 2-3 days for the blockchain to download to a local wallet.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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Biodom
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September 13, 2014, 11:13:37 PM |
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overall, this is almost exactly what I did... I did not get why you want to screen shot the password and then take photo of the screen...you lost me there |
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Biodom
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September 13, 2014, 11:16:17 PM |
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As noted above, never send a payment from an exchange if you think that you might need a refund at a later time. The person sending the refund will usually insist on sending coins back to the address they came from and the exchanges will not credit you for that payment.
On coinbase you can actually send btc back to one of the addresses from which your payment originated. At least it used to; I haven't used it for payment since it took more than an hour for the first confirm, transaction was cancelled, and although I squared it later with bitmain, I decided not to use coinbase for payments any more (unless they will improve). |
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