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Author Topic: what should i do right now?  (Read 1660 times)
cyth (OP)
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January 26, 2015, 03:47:28 PM
 #1

i am a newbie.

1) i downloaded Bitcoin core as my wallet
2) i set up a password on it
3) i created a BTC-e account.

so what should i do right now. my money(real money) is in my bank. how i am gonna use this money to get bitcoin from btc-e?
secondly i didnt get why i downloaded a bitcoin wallet?
Madness
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January 26, 2015, 04:00:04 PM
 #2

I do not know anything about BTC-e but I know that you can buy Bitcoin using Bank account from Coinbase.com
Basically once you buy the BTC they are added to your wallet on Coinbase , then simply send that BTC to your Bitcoin Core wallet =>
Go to "File => Receiving Adresses" then copy the first one .

~ Madness

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January 26, 2015, 04:12:20 PM
 #3

i am a newbie.

1) i downloaded Bitcoin core as my wallet
2) i set up a password on it
3) i created a BTC-e account.

so what should i do right now. my money(real money) is in my bank. how i am gonna use this money to get bitcoin from btc-e?
secondly i didnt get why i downloaded a bitcoin wallet?

You may want to look into localbitcoins.com as it may be easier than using exchange.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
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January 26, 2015, 04:28:03 PM
 #4

I don't use BTC-E, but most exchanges work like this:

1. Set up a wallet like CORE on your computer. It will take days to sync and will take up huge space on your computer. Make sure your computer is secure, wallets are computer files and are only as safe as your computer. DONE

2. Set up an account at an exchange in your country. Use real information. Because you are mixing dollars with BTC, when something goes wrong you will have less recourse if you are deceptive. DONE

3. Fund the account. You could link it to your bank account or use a money order, it depends on the options at your exchange. It takes days to weeks to move dollars, so there will be a wait. Once the funds are credited to your exchange account you can start buying. You can set a price you will pay, or pay the asking price. WAITING

4. Withdraw BTC to your wallet after buying. Your funds are secure once you have moved them to your wallet on your computer. Online wallets and exchanges come with a small chance that the owners will abscond with your BTC. It may be worth the risk for small amounts since wallet apps are so useful for cell phones. But for any substantial amount I would advise you to store that wallet offline.  WAITING



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cyth (OP)
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January 26, 2015, 05:54:52 PM
 #5

I don't use BTC-E, but most exchanges work like this:

1. Set up a wallet like CORE on your computer. It will take days to sync and will take up huge space on your computer. Make sure your computer is secure, wallets are computer files and are only as safe as your computer. DONE

2. Set up an account at an exchange in your country. Use real information. Because you are mixing dollars with BTC, when something goes wrong you will have less recourse if you are deceptive. DONE

3. Fund the account. You could link it to your bank account or use a money order, it depends on the options at your exchange. It takes days to weeks to move dollars, so there will be a wait. Once the funds are credited to your exchange account you can start buying. You can set a price you will pay, or pay the asking price. WAITING

4. Withdraw BTC to your wallet after buying. Your funds are secure once you have moved them to your wallet on your computer. Online wallets and exchanges come with a small chance that the owners will abscond with your BTC. It may be worth the risk for small amounts since wallet apps are so useful for cell phones. But for any substantial amount I would advise you to store that wallet offline.  WAITING




thats what i am unable to do. it says pay me from "perfectmoney, OKPAY"etc. why such a big exchange dont use direct bank accounts. i cant use another exchange because i am gonna make business with PPC.
Madness
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January 26, 2015, 05:58:05 PM
 #6

I don't use BTC-E, but most exchanges work like this:

1. Set up a wallet like CORE on your computer. It will take days to sync and will take up huge space on your computer. Make sure your computer is secure, wallets are computer files and are only as safe as your computer. DONE

2. Set up an account at an exchange in your country. Use real information. Because you are mixing dollars with BTC, when something goes wrong you will have less recourse if you are deceptive. DONE

3. Fund the account. You could link it to your bank account or use a money order, it depends on the options at your exchange. It takes days to weeks to move dollars, so there will be a wait. Once the funds are credited to your exchange account you can start buying. You can set a price you will pay, or pay the asking price. WAITING

4. Withdraw BTC to your wallet after buying. Your funds are secure once you have moved them to your wallet on your computer. Online wallets and exchanges come with a small chance that the owners will abscond with your BTC. It may be worth the risk for small amounts since wallet apps are so useful for cell phones. But for any substantial amount I would advise you to store that wallet offline.  WAITING




thats what i am unable to do. it says pay me from "perfectmoney, OKPAY"etc. why such a big exchange dont use direct bank accounts. i cant use another exchange because i am gonna make business with PPC.

As I told you above , Coinbase.com do accept Bank accounts as payment method , probably the only one that does
"To buy or sell bitcoin on Coinbase, you must link your account to a US-based bank account, or a bank account based out of the following European countries:"
Quote
Austria
​​Belgium
Cyprus
Denmark
Finland
France
Greece
Ireland
Italy
Malta
Netherlands
Latvia
Poland
Portugal
Slovakia
Spain
Sweden
Switzerland

https://support.coinbase.com/customer/portal/articles/1392031-can-i-buy-bitcoin-with-an-international-bank-account-credit-card-or-paypal-

So if you are one of those countries , you are good to go . Good luck mate Wink

~ Madness.

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January 26, 2015, 06:25:26 PM
 #7

I don't use BTC-E, but most exchanges work like this:

1. Set up a wallet like CORE on your computer. It will take days to sync and will take up huge space on your computer. Make sure your computer is secure, wallets are computer files and are only as safe as your computer. DONE

2. Set up an account at an exchange in your country. Use real information. Because you are mixing dollars with BTC, when something goes wrong you will have less recourse if you are deceptive. DONE

3. Fund the account. You could link it to your bank account or use a money order, it depends on the options at your exchange. It takes days to weeks to move dollars, so there will be a wait. Once the funds are credited to your exchange account you can start buying. You can set a price you will pay, or pay the asking price. WAITING

4. Withdraw BTC to your wallet after buying. Your funds are secure once you have moved them to your wallet on your computer. Online wallets and exchanges come with a small chance that the owners will abscond with your BTC. It may be worth the risk for small amounts since wallet apps are so useful for cell phones. But for any substantial amount I would advise you to store that wallet offline.  WAITING




thats what i am unable to do. it says pay me from "perfectmoney, OKPAY"etc. why such a big exchange dont use direct bank accounts. i cant use another exchange because i am gonna make business with PPC.

As I told you above , Coinbase.com do accept Bank accounts as payment method , probably the only one that does
"To buy or sell bitcoin on Coinbase, you must link your account to a US-based bank account, or a bank account based out of the following European countries:"
Quote
Austria
​​Belgium
Cyprus
Denmark
Finland
France
Greece
Ireland
Italy
Malta
Netherlands
Latvia
Poland
Portugal
Slovakia
Spain
Sweden
Switzerland

https://support.coinbase.com/customer/portal/articles/1392031-can-i-buy-bitcoin-with-an-international-bank-account-credit-card-or-paypal-

So if you are one of those countries , you are good to go . Good luck mate Wink

~ Madness.

Just adding to Madness correct comment.

Once you purchase Bitcoin from Coinbase (if your country is eligible), then you can send Bitcoin from your Coinbase account to your BTC-E account.

Once the BTC arrives at your BTC-E account, you'll be able to trade PPC or any of the coins available there.

CharityAuction
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ColdScam
coinpr0n
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January 26, 2015, 06:37:33 PM
 #8

Try Coinbase. I only have experience with Kraken though, and deposit is pretty straight-forward just send a SEPA transfer (from Europe).

oblivi
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January 26, 2015, 07:01:21 PM
 #9

Try Coinbase. I only have experience with Kraken though, and deposit is pretty straight-forward just send a SEPA transfer (from Europe).
Kraken was a pain in the ass for me. They wanted my info, and they never verified it. Eventually gave up and haven't bothered anymore.
Isn't Coinbase US only? how come they have all these european countries on that list??¿
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January 26, 2015, 08:17:32 PM
 #10

Try Coinbase. I only have experience with Kraken though, and deposit is pretty straight-forward just send a SEPA transfer (from Europe).
Kraken was a pain in the ass for me. They wanted my info, and they never verified it. Eventually gave up and haven't bothered anymore.
Isn't Coinbase US only? how come they have all these european countries on that list??¿

Coinbase is available in all those countries on the list. Coinbase Exchange is US-only.

kwaasteniet
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January 26, 2015, 11:01:50 PM
 #11

I don't use BTC-E, but most exchanges work like this:

1. Set up a wallet like CORE on your computer. It will take days to sync and will take up huge space on your computer. Make sure your computer is secure, wallets are computer files and are only as safe as your computer. DONE

2. Set up an account at an exchange in your country. Use real information. Because you are mixing dollars with BTC, when something goes wrong you will have less recourse if you are deceptive. DONE

3. Fund the account. You could link it to your bank account or use a money order, it depends on the options at your exchange. It takes days to weeks to move dollars, so there will be a wait. Once the funds are credited to your exchange account you can start buying. You can set a price you will pay, or pay the asking price. WAITING

4. Withdraw BTC to your wallet after buying. Your funds are secure once you have moved them to your wallet on your computer. Online wallets and exchanges come with a small chance that the owners will abscond with your BTC. It may be worth the risk for small amounts since wallet apps are so useful for cell phones. But for any substantial amount I would advise you to store that wallet offline.  WAITING




thats what i am unable to do. it says pay me from "perfectmoney, OKPAY"etc. why such a big exchange dont use direct bank accounts. i cant use another exchange because i am gonna make business with PPC.

It would help if you tell in which country you live. The forum members can give you a better advise than.
cashtraderuk
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January 26, 2015, 11:47:01 PM
 #12

Also be aware that you can't withdraw from BTC-E as a new user for 3 working days which can be a nuisance in this market if you need them urgently.
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January 27, 2015, 04:45:16 AM
 #13

i am a newbie.

1) i downloaded Bitcoin core as my wallet
2) i set up a password on it
3) i created a BTC-e account.

so what should i do right now. my money(real money) is in my bank. how i am gonna use this money to get bitcoin from btc-e?
secondly i didnt get why i downloaded a bitcoin wallet?

if you want to but bitcoin from BTC-e, i suggest you search a little about it.
i haven't used it but i saw some negetive feedback about their services

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tidus1097
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January 27, 2015, 08:04:32 AM
 #14

I do not know anything about BTC-e but I know that you can buy Bitcoin using Bank account from Coinbase.com
Basically once you buy the BTC they are added to your wallet on Coinbase , then simply send that BTC to your Bitcoin Core wallet =>
Go to "File => Receiving Adresses" then copy the first one .

~ Madness
Coinbase not available in my country, localbitcoin best way to buy here
ninjaboon
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January 27, 2015, 09:21:47 AM
 #15

cyth, which country are you located at?
Your local bank may not be able to tt over to btc-e's bank account.
So better try out LBC and read the reviews before you buy over there.

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January 27, 2015, 10:04:52 AM
 #16

try kraken.com, send money there, buy btc and send btc to your wallet
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January 27, 2015, 01:54:23 PM
 #17


If you have absolutely no experience with bitcoin, I wouldn't buy large amounts straight away.

Buy a little bit and play with sending, receiving, try different wallets, use import/export options. But most of all, read about secure storing.

When you feel you have a good grasp and feel confident, then buy some more.

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January 27, 2015, 01:57:32 PM
 #18

Now that I realise Virwoxx takes a s*** load of time to send the bitcoins when you buy from them, and coinbase don't, I feel stupid that I bought bitcoins on Virwoxx.
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January 27, 2015, 02:04:11 PM
 #19

Coinbase Exchange is US-only.
And what about moving to other countries in the future? Any news?
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January 27, 2015, 02:56:30 PM
 #20

i am a newbie.

1) i downloaded Bitcoin core as my wallet

That`s will act as your trezor for your BTC. You have to create your Address from your wallet. You need to use just these address to receive your Bitcoins. When you will send your Bitcoins to someone else , then he needs to provide you his address.

Quote
2) i set up a password on it

Make sure that you make your wallet secure with good password. You keep your password and do not lost it, then your all BTC in this Wallet are gone.

Quote
3) i created a BTC-e account.

You want to buy BTC from the exchange. I suggest to go to your country Section here in Bitcointalk and put question of good exchange there. There is a number of people who can help you.


so what should i do right now. my money(real money) is in my bank. how i am gonna use this money to get bitcoin from btc-e?
secondly i didnt get why i downloaded a bitcoin wallet?
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