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Author Topic: Not new to bitcoin. New to buying it though  (Read 760 times)
Naer (OP)
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December 23, 2014, 05:41:14 PM
 #1

Question. When i buy it through blockchain, is it an instantaneous transfer,  i can convert it back to usd at will? Is there a wait time?
Madness
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December 23, 2014, 05:45:36 PM
 #2

Question. When i buy it through blockchain, is it an instantaneous transfer,  i can convert it back to usd at will? Is there a wait time?

I don't think a lot of people use the blockchain to buy. at least I never did
I would recommend you to use the Currency exchange section & search the rates you want to trade with other members with the payment that you want (Paypal,Netteler etc..) or there is localbitcoins.com , pretty famous & trusted

yahoo62278
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December 23, 2014, 08:00:04 PM
 #3

most people buy from a currency exchange. i think youre confused here

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December 23, 2014, 11:16:27 PM
 #4

Question. When i buy it through blockchain, is it an instantaneous transfer,  i can convert it back to usd at will? Is there a wait time?

How does one "buy it through blockchain"?

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December 23, 2014, 11:26:05 PM
 #5

Question. When i buy it through blockchain, is it an instantaneous transfer,  i can convert it back to usd at will? Is there a wait time?

How does one "buy it through blockchain"?

You don't, the block chain is bitcoin's ledger.

blockchain.info is a wallet service that does not sell bitcoin.

There are plenty of places to buy bitcoins...
ticoti
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December 23, 2014, 11:55:59 PM
 #6

it depends on where you are from
but if you are from US you should use circle or coinbase to buy
LordSonjai
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December 24, 2014, 12:06:46 AM
 #7

coinbase is your best bet,they are "insured". I sure hope they aren't lying to me,the majority of my coin are located there.
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December 24, 2014, 12:12:59 AM
 #8

If you're based in the US, you have 3 options.

Coinbase:

https://www.coinbase.com/

Link your Bank and Credit Card for instant purchases.  You'll have to get to Level 2 before you can instant buy at certain amounts.  Takes a few days to get verified for bank.

Circle:

https://www.circle.com/en

Similar to Coinbase, use either Bank or Credit Card, no fees, doesn't have the level system Coinbase has.

LocalBitcoins:

https://localbitcoins.com/

Don't have to get verified, but buying Bitcoins here is usually at a premium or markup price.  Have to find trusted sellers with lots of history.  Can be done by variety of methods: Bank deposit, Paypal, Western Union, Dwolla, Moneypak, Venmo, Amazon Gift Card, or the recommended way in person in cash.

CharityAuction
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