I have a coinbase account, but it’s been locked due to a missing named account since January.
I have tried to fix it but nothing has worked.
I have a few grand I wanna put towards Bitcoin.
Where is the easiest place to buy now?
People are saying Robin hood, but if you care about actually owning your coins then look elsewhere, they don’t allow withdraw. Local bitcoins has always been good, a small premium usually, and can be a hassle, but it works. Pay fair in a couple weeks
Payfair is a decentralized version of local bitcoins that might work. You’d PayPal or venmo an individual who would give you crypto in return using escrow services.
Coinmama and Gemini are other ways you could get in as well.
Forgot to add that you could offer Visa gift cards on openbazaar as a gateway option as well if you won’t/can’t do kyc.
I bought mine using kraken.
i tried coinbase but their support was pretty much nonexistant, using coinmama.com now and they actually respond when i need help
android – https://play.google.com/store/apps/details?id=com.squareup.cash&referrer=utm_source%3Dcash-web-bitcoin%26utm_medium%3Dweb
Cointree has been my go to exchange, so simple to use, good rates, lots of altcoins to choose from and fast customer support.
It depends on the country you live.
I use Coinify in Guarda wallet, but it’s for EU only.
You can also try Indacoin or CEX, for example.
By the way, ChangeNOW partners with Indacoin, so you can buy any coins right away.
if you buy btc on there do you have to wait a certain amount of time before transferring it to another wallet?
A good option for UK/European customers is CoinCorner.
Here is a tutorial on how to convert Fiat into Cryptocurrency using coinbase and bittrex.
Made just for beginners.
Thanks for this.
Could you do one for more obscure currencies too? That would be really useful.
May I ask if you are investing in any coin in particular. Most coins are on Bittrex and you would follow the same exact sequence.
Ok so I’m looking to get about £530 worth of bitcoin which is about 0.11 bitcoin. I have the money on my card, and wondered what the best website would be to buy these bitcoin and put them into my wallet. Is there any precautions I have to take to make sure I don’t get mugged off and it’s all safe. Thanks for any feedback
This! Just be sure to create your own wallet and keep your funds safu after you acquire it 🙂
Ask around your communities to see if anyone has Bitcoin that they want to sell to you. Alternately, find some local Bitcoin groups and attend a meetup or something.
Ok thank you, this is what we usually do, but our mate currently has no bitcoin and we need some now, so gonna have to buy some
Easiest is just to buy on coinbase.
Recently I have heard from a crypto meeting that Coinbase would not transfer you coins to wallet if they decide. Even though you have bought them with fiat money.
The recommendation that I got is kraken. Also I heard that Gemini is good but only US citizens.
Bisq, HodlHodl, Mycelium trader. Just for the case you don’t want it centralized and you like better privacy.
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Coinbase is totally fine, they’re used by millions of ppl.
I’ve researched a lot; still confused.
Prefer to avoid KYC on general principle — it’s a peer to peer decentralized currency, after all, so if I’m doing ID verifying I would rather do it directly with a seller than register with an exchange.
But not 100% opposed to it.
I don’t particularly need anonymity and all the work involved to REALLY stay anonymous; just prefer privacy and involving as few outside parties as possible in general.
It costs much more $$ to avoid KYC, right? It appears to cost like 20% more to buy BTC with USD on Cardcoins.com or ATMs than at exchanges like Binance.
I have a coinbase account and have made very light purchases in crypto.
I would like to buy at least two bitcoin at this point.
Is coinbase a safe place to do that?
Many of the largest exchanges will usually offer a relatively “safe” experience, however as soon as you purchase it is good practice to immediately withdraw your Bitcoin balance to your own personal wallet (where only you know the private keys).
I use Kraken for over a while now, plus they’ve got support chat when I needed help. there’s not other exchange I trust more since they are said to be very security minded… I’ve not regretted my decision.
Since you already have a coinbase account, log in to http://pro.coinbase.com and deposit funds into your account with an ACH bank transfer (no cost, but takes a little time to clear).
I haven’t been in the market for nearly a year and I’m not sure which projects I should be supporting. Can anyone provide a TLDR on what is worth my investment at this time, or whether I should just keep my tether.
It is your call.
BTC is going to fork soooooonish.
I would say BTC, XRP, ETH, LTC or Stellar.
Or Ethereum if you like the idea of all these Dapps that are currently being developed.
Than you will miss quite a few technologies with out mining.
Which are the best places to use for buying bitcoin? I’m located in the US (but have an EU office address & bank if that helps?).
I did read that Coinbase was the go-to site for beginner investors. Though after seeing how coins were supposedly taken from users during the recent fork/split event, I think it would be wise to use an alternative to Coinbase. Correct me if I’m wrong here?
I’ve always wanted to buy some bitcoin and hold on for a couple of years as an investment, but the potential splitting of the coin & community scared me off.
Now with the hard fork having gone well, I’m remembering a bitcoin professional predicting an unprecedented rally of the price. Also, with increasingly solid market fundamentals I strongly believe there will be some rallying to come.