Buying bitcoin | Bitcointalksearch.org

RockBell

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Quote from: GeorgeJohn on December 21, 2024, 04:56:38 PM

Buying bitcoin is very easy and understandable, for access of purchasing bitcoin, you can go through exchange like binance and even Remitano depends the continent you're, because some exchanges has limitations or restricted countries that can't access their exchange, so what I want us to understand, is that we have to understand that through exchange you can purchase as large as bitcoin you want after you have been verified through the platform..you can even purchase bitcoin through manual p2p.

And the process of buying bitcoin is actually very easy and accessible the only thing is to make a decision and that you are ready to buy then the next thing will be the process after buying and that will be seeking knowledge because most people will want to invest without having the right know and that is why knowledge matters a lot when it comes to bitcoin investment and people that want to trade are the once that need to study more because of the analysis and how frequently they will make use of the market but buying and doing spot don't actually need much.

I don't really use remitano but am much more familiar with binance than other exchanges and exchange is the best place to actually buy bitcoin and what ever coin they want to buy and there is no any other place to get bitcoin than exchanges because when you buy with a verified account it is less risky because it will be easy to trace if things dont eventually go well.

And buying bitcoin is like one of the easiest things to do, so what ever the person wants to do with the bitcoin purchase is the most importantly.

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Simple if you are new then try some centralize exchanges for example binance, bybit, coinbase etc.

Awaklara

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

I don't know if you really don't know about how to create an exchange account and how to start buying your first Bitcoin. It's actually very easy to find all of that on the internet, even without anyone teaching you specifically.
especially if your country has a centralized exchange where you can use fiat to make purchases, it will be very easy. as well as a wallet that you can choose and use to store your Bitcoin immediately after you make a purchase.
what you need to know is that you probably shouldn't let your Bitcoin or other assets that you have purchased on the exchange. after making a purchase, make a withdrawal to your personal wallet.

Akbarkoe

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Quote from: 2Pizza410000BTC on December 23, 2024, 12:38:33 AM

Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

To buy Bitcoin, we can use a centralized exchange like Binance, Kucoin. But while using it, we first have to keep in mind whether it is approved by my country and whether I can use it. If registration is allowed in your country, then you can buy Bitcoin from there by registering there and doing KYC with your ID card or passport or driving license. If you want to buy with your local money, then you must use P2P.

Then, if you want to keep that Bitcoin in your own wallet, you can keep it in a trust wallet, Electrum wallet, or Web 3 wallet such as Binance Web 3, in which case you must keep the wallet seed very secure.

As long as you trust CEX, use it as well as possible to collect bitcoin because it's easier now to do than P2P trading with unknown people, if you already have bitcoin with the desired amount then don't forget to store it in a personal wallet good Do Cold Wallet and Hot Wallet to be stored in the long run, unless it will be a trader can be stored in CEX if you don't invest in investing but pay attention to the CEX because it will be a security standard for not being carried away.

reagansimms

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Crypto exchange is a platform or market where you can buy, sell, and exchange Bitcoin assets for fiat money, but it is not recommended to store assets on the Exchange even though the security system and reputation of the exchange are quite good. Exchange wallets are not suitable for storing assets in the long term because there are always unexpected risks, there are many cases of exchange hacking that cause losses to users who store assets on the Exchange. There are so many wallets that you can control the Private key that you can use to store assets so that the level of security is more guaranteed, on the BTT forum there are also many recommended personal wallets that you can choose.

Investing in bitcoin is high risk due to its high volatility. Therefore, it is advisable to use 'cold' funds, which are funds that are ready to be covered by losses. This is important to reduce psychological stress and ensure you are not financially disadvantaged in the event of a decline in value. When experiencing losses in bitcoin trading, you must be able to control your emotions and not regret your decision to buy Bitcoin because investing in crypto assets does have risks, so preparing mentally to face potential losses is very important for investors.

Popkon6

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I am sharing from my experience that if you want to invest in Bitcoin then you can definitely use the exchange, Binance Exchange or KuCoin Exchange and Bybit Exchange. From these exchanges you can buy Bitcoin and use your specific wallet hardware wallet or Eletrum wallet, but your private must be kept in a safe place.
You can send Bitcoin directly to these wallets from the exchange, and you will buy Bitcoin according to your ability, and if there is a shortage of money then you can repeatedly store Bitcoin in the DCA method.

2Pizza410000BTC

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

To buy Bitcoin, we can use a centralized exchange like Binance, Kucoin. But while using it, we first have to keep in mind whether it is approved by my country and whether I can use it. If registration is allowed in your country, then you can buy Bitcoin from there by registering there and doing KYC with your ID card or passport or driving license. If you want to buy with your local money, then you must use P2P.

Then, if you want to keep that Bitcoin in your own wallet, you can keep it in a trust wallet, Electrum wallet, or Web 3 wallet such as Binance Web 3, in which case you must keep the wallet seed very secure.

terrific

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All ways have been told to you and there is one thing that I want you to remember. Skip the people that says this;
"I'll help you, send me a DM"
You don't have to DM anyone when resources are open here and posted in public.
You only have to follow instructions, the right one and access to genuine resources.

Abbatty

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Purchasing bitcoin is now very easy compared to how it was in the past, there are now lots of Exchanges where you can easily purchase your bitcoins and also store them but then storing your assets in an exchange is not ideal and as a beginner I advise you get yourself familiar with the sentence ”Not your keys not your coins” so that you will know how dangerous it is to not store your coins in an exchange.

I see that some members have shared some link with you so my advice is that you first study and understand the basics of Bitcoin and Cryptocurrency because it is very risky and any mistakes will lead to loss of your assets. You need the basic knowledge to understand the best wallet to choose so learning should be your starting point first.

GeorgeJohn

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Buying bitcoin is very easy and understandable, for access of purchasing bitcoin, you can go through exchange like binance and even Remitano depends the continent you're, because some exchanges has limitations or restricted countries that can't access their exchange, so what I want us to understand, is that we have to understand that through exchange you can purchase as large as bitcoin you want after you have been verified through the platform..you can even purchase bitcoin through manual p2p.

Zigabel

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

On several exchanges out there, if you prompt a Google search on your browser for the top five or best five cryptocurrency exchanges in the world, you are going to get some good suggestions of which I believe by bit and binance is going to be one of them so you can pick from one of these and then create a wallet and buy as much crypto as you want but it's always best not to keep you crypto in an exchange wallet but you can always buy from them then further transfer to a non custodian wallet and HV your assets safe there.

Abu-Naim

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Welcome to Bitcointalk forum, you have made the right decision to have ask these questions because that’s what you need to know as your basics before starting your crypto journey, I am very sure with response you have started seeing in this post has started given you ways to learn and understand how it works.

If you want to save Bitcoin, install Electrum wallet and make sure it is from their official website, save your seed phrase and you can use DCA method to accumulate your Bitcoin.

Learn about Bitcoin and how it works in this website and make sure you save your seed phrase in a safe place.

CryptopreneurBrainboss

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Quote from: CryptSafe on December 20, 2024, 10:53:34 AM

OP, I will advise you to make use of coinmarketcap in search for exchange on where to buy bitcoin. On coinmarketcap, you could get reliable and trustworthy crypto exchange that are amongst the top ranking in the world were you not have much issues registering to have an account with them. Once you choose any, you do your KYC as that is the most important thing they require of you in line with the regulations of the jurisdiction on which they operate.

He must not necessary have to do KYC before he can buy and own Bitcoin or other coins of his choice. He can buy Bitcoin on this form through the market section of the forum.

There are reliable sellers here that'll be willing to sell him in exchange for his fiats. Not a must to use CEX for purchasing of Bitcoin as we have P2P exchanges that are functioning. Too don't believe in an exchange just because it's listed on coinmarketcap, their duty is to just list and rank all platforms that offer crypto related service therefore they might list scams unintentionally. Asking questions on the forum is one of the safest way to get the correct information that the OP needs.

OcTradism

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Quote from: Rockstarguy on December 20, 2024, 03:11:00 PM

You can always buy bitcoin from a reputable exchange, atleast getting bitcoin from exchange is safe than when trying to get it from regular crypto vendors. The exchange is just good for buying and selling of bitcoin, after buying bitcoin it is very important to transfer it to a non custodial wallet that your asset will be safe for you to invest.

There are three main ways of purchase and sale of bitcoin: Centralized Exchanges, Decentralized Exchanges /P2P market places; trade in person. The last type is risky because you will have to trade in person, and risk of physical attacks exists.

Centralized Exchanges nowadays usually require KYC.
DEX/P2P tends to provide their services to customers without KYC.

Depends on your need, your privacy concern, let's choose CEX or DEX, with or without KYC.
https://kycnot.me/?t=exchange

Quote

The most important thing when it comes to bitcoin is to have good understanding of how to protect and how to invest it to yield better profit. The reason why some people buy bitcoin is to make quick money out from it and with this mindset the essence of buying bitcoin don't end well.

Before you think of profit, you have to think of protection of fund, by that I mean you will have to withdraw your coin from CEX as soon as possible after you done your purchasing trade.

Storing coins on CEX is very risky and not recommended.
Reminder: do not keep your money in online accounts

Rockstarguy

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

You can always buy bitcoin from a reputable exchange, atleast getting bitcoin from exchange is safe than when trying to get it from regular crypto vendors. The exchange is just good for buying and selling of bitcoin, after buying bitcoin it is very important to transfer it to a non custodial wallet that your asset will be safe for you to invest.

The most important thing when it comes to bitcoin is to have good understanding of how to protect and how to invest it to yield better profit. The reason why some people buy bitcoin is to make quick money out from it and with this mindset the essence of buying bitcoin don't end well.

AYOBA

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

There’s severals exchanges where you can purchase your Bitcoins in any amount of money you wish to buy, and when I go through my fellows members posts here, i see that they’ve recommended you with so many’s exchanges where you can get to purchase Bitcoin in easier ways, the only things for you to don now is that: will select the wallet you like create and verify it and then start what ever you want Mate:

AprilioMP

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

[General] Bitcoin Wallets - Which, what, why? <- This topic is useful for learning the basics of wallets. For more detailed knowledge about wallets, you can visit the wallet software and hardware wallets boards.

Bitcoin can be purchased on exchanges operating in our region that support fiat deposits. Trusted exchanges, at least those that have been operating for a long time. After buying, do not store them there.

CryptSafe

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OP, I will advise you to make use of coinmarketcap in search for exchange on where to buy bitcoin. On coinmarketcap, you could get reliable and trustworthy crypto exchange that are amongst the top ranking in the world were you not have much issues registering to have an account with them. Once you choose any, you do your KYC as that is the most important thing they require of you in line with the regulations of the jurisdiction on which they operate.

After which, you activate your wallet and start your purchase depending on which that is able to accept your local currency for transaction. You can transfer to your exchange wallet and start purchase but after purchase, you should be able to withdraw to your own private wallet. It is best you use a safe and secured wallet like electrum so that your bitcoin is well secured under your custody.

Always remember this " Not your keys, Not your coin". Any assets that is not under your custody is not your assets as long as you do not have access to the keys of that wallet holding that asset, it is not yours till you transfer it to your own self custodial wallet then you can claim to be the owner of the coin because it is under your custody.

AVE5

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Start with knowing the potentials of bitcoin basically on how it's used as valuable and then be aware that it's a fluctuating digital currency which rates of market values is potential to increase and decrease.
Build up a strong emotion to take risks with no panicking rather than hold your patient when the market phase isn't going towards your wills.
You can always buy your bitcoin on the exchange with the features of the p2p and then make your payment with the fiats. All depends between you and the seller but before then, you must creat a strong secured wallet to keep your bitcoin safe from thefts.

And as a beginner, I must tell that you shouldn't be attracted to customed designed of any form of getting quick rich otherwise you'll end up into the hands of scammers.

hd49728

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Not your keys, not your coins!

Quote from: BABY SHOES on December 19, 2024, 10:38:13 AM

First, use an Electrum or BlueWallet wallet.

Learn me a Bitcoin has good information on recommended best wallets.
https://learnmeabitcoin.com/beginners/wallets/#best-wallets

If there is doubt about a wallet is close source or open source, checking it with https://walletscrutiny.com/
For example, checking Exodus and Trust wallet.
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=exodus
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=Trust
Checking shows those wallets are Unreproducible or No source.

BABY SHOES

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First, use an Electrum or BlueWallet wallet.
Verify the wallet correctly to avoid phishing links.

Buying bitcoin on local exchanges makes it easy to deposit fiat and then buy bitcoin, you can withdraw to non-custodial wallets such as Electrum and Bluewallet, as storing assets on exchanges is not recommended.

That's roughly what we do to buy bitcoin.

Peanutswar

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You can buy your first bitcoin with the help of an exchange and of course, you need to consider the exchange that is supported by your country and has a lot of features you might enjoy upon using their platform, they are supported with a wallet but to make sure your security of your asset having your own wallet is a must with the use of hot or cold wallet, for the hot wallet those are the wallet connected with your device that requires an internet connection like electrum, exocus, etc. which has a seed phrase you need to store you keep your funds safe. A budget hardware wallet is ideal because your wallet is offline and can't make a transaction without your device's permission.

hd49728

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Not your keys, not your coins!

Quote from: Hamza2424 on December 19, 2024, 09:47:56 AM

Is this a thread to get information from the newbies, or do you want to know about these things from us, honestly you can use a centralized exchange or non-custodial wallet like Exodus or Trust wallet for centralized exchange you can use Binance or Ku-coin.

Exodus and Trust wallets are not good wallets to use.

Reason is they're closed source wallets, and good wallets need to be open-source and non-custodial.

Centralized exchanges can be used to buy your bitcoin, and trade it, but if you want to hold, they're not good for storage a long time. If you are a holder, move your bitcoin off centralized exchanges. It's classic warning and advice.

It's not your private keys, it's not your bitcoins.
Reminder: do not keep your money in online accounts

Kelward

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Bitcoin is not a physical asset or cash so you need a device that connects to the internet, like your smart phone or laptop. The process is quite easy and I believe that on this thread you've been educated on how to create a wallet, where to buy which is from exchanges or through p2p transactions with someone that you know or is highly recommended. Have it in mind that there are fake wallets and scam exchanges, you need to DYOR diligently before creating an account. I'll tell you one of the biggest lessons that I've learnt on this forum and that is to keep your Bitcoin in a none custodial wallet, never leave it in an exchange, if it's not your keys it's not your coins.

Hamza2424

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Tell Us?

Is this a thread to get information from the newbies, or do you want to know about these things from us, honestly you can use a centralized exchange or non-custodial wallet like Exodus or Trust wallet for centralized exchange you can use Binance or Ku-coin.

Clarify the query first hehe as I cant get what are you trying to say due to my incompetence with pro English.

dzungmobile

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Quote from: Lucius on December 19, 2024, 07:57:02 AM

This is very easy to say, but you should be careful and download only the original wallet, if possible verify the file before installation, and be sure that the device on which the wallet will be installed is clean of viruses and malware. Otherwise, the investment may end up having a bitter taste.

Some tutorials to use Electrum wallet safely. Yeah, saying is easier than applying these tutorials in practice with Electrum wallet, but if anyone want to own bitcoin, store it in their open source and non custodial wallet, for instance, Electrum, have to do these steps for safety of Bitcoin fund.

Lucius

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Quote from: Findingnemo on December 18, 2024, 11:58:42 PM

Create a wallet such as Electrum and secure the recovery seeds.
~snip~

This is very easy to say, but you should be careful and download only the original wallet, if possible verify the file before installation, and be sure that the device on which the wallet will be installed is clean of viruses and malware. Otherwise, the investment may end up having a bitter taste.

Every beginner should learn a lot before investing in BTC, and even that first investment should be relatively modest, because it is much easier to lose $50 than $500 or more. Learning from your own mistakes is the most expensive.

maydna

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You can buy Bitcoin in an exchanges which you can choose from your research. You can use Binance, KuCoin, Bitget, Bybit, or else to buy Bitcoin or you can use your local exchanges based on your country so that give an easiness to you when you want to buy Bitcoin. But you need to verify your account after you register.

After the buy process, you can send Bitcoin to separate wallet such as Electrum or others. You can use https://bitcoin.org/en/choose-your-wallet as your preference to choose the wallet. You don't need to store your Bitcoin in an exchanges but keeping that in other wallet that you can fully control.

Hold you Bitcoin in Electrum or others will be better because you don't have to worry if the exchanges having a problem.

Findingnemo

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Buying crypto is fairly simple process.

Create a wallet such as Electrum and secure the recovery seeds.

Then create an account in an exchange such as Binance and coinbase then verify your identity by providing KYC documents and then deposit fiat then use it to buy BTC and then move the Bitcoin to Electrum.

Things you need to be careful for beginners, avoid unknown exchanges like google results shown to of names which mostly never heard off likely to scam money then also avoid P2P trading which is risky when you are not experienced in choosing the right, trusted traders.

Sebas.tian

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You can purchase your Bitcoin from exchange market but for you to have the access to exchange market, you must download solid exchange app and wallet, because after purchasing Bitcoin through exchange market, you will use your wallet to hold the Bitcoin for long term but make sure you keep your seeds phrases safe in case you want to make use of them. There are many exchange app you can use to purchase Bitcoin or other cryptocurrencies and hold but I will advice you to make use of Binance app, because is very easy to operate and is difficult for you to experience missing of coins in Binance app. It will be good for you to know the type of wallet you can use to hold your Bitcoin, because there are some wallets are not solid for holding Bitcoin for long term which I will not advice you to make use of such wallet, Electrum wallet is the best for holding Bitcoin for long term and you will be comfortable with your Bitcoin in your wallet.

Catenaccio

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Quote from: ? on December 18, 2024, 02:12:04 PM

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Choose your Bitcoin wallet https://bitcoin.org/en/choose-your-wallet
Some recommendations on Bitcoin wallets https://www.lopp.net/bitcoin-information/recommended-wallets.html

Find where you can buy bitcoin.
https://bitcoin.org/en/resources#directories

General Bitcoin information & resources.

Ever-young

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You can always buy bitcoin from crypto exchanges or from a friend who wants to sell in exchange for your cash; you can also buy from a bitcoin ATM machine. It all depends on which one you think will be best for you.

We have DEX exchanges that don't require the use of your personal data; you can just use the service without needing to pass KYC. We also have centralised exchanges where you will have to pass KYC; the information required will be based on your jurisdiction and its regulation.

For a Bitcoin wallet, after a successful buying, it's best you send your coin to a wallet where you will have access to your key (not your key, not your coin). You can go for open-source wallets that are recommended here in the forum, wallets like Electrum, BlueWallet, Sparrow, etc. They are all Bitcoin wallets.

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Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Topic: Buying bitcoin (Read 341 times)