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Topic: Easiest way to convert money into BTC? - page 13. (Read 10882 times)

hero member
Activity: 1806
Merit: 672
January 17, 2017, 11:29:19 PM
#34
We have a local Bitcoin Wallet that lets you convert your Fiat currency in to Bitcoin by way of going to Convenient stores. When you are in one ask for the amount of Bitcoin you are willing to buy than they will give you a coupon for the price equal to the Bitcoin you are buying, after you paid they will later send the BTC to your wallet. I think this is the most easiest way in converting your fiat currency into Bitcoin. Others require a lot of steps in obtaining Bitcoin.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
January 17, 2017, 10:51:57 PM
#33
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.
The easiest way is to use your fiat to buy bitcoin in localbitcoins, and buy the bitcoins in a face to face trade, or you can use cash deposit to buy it, another possibility is to use virwox, or you can buy currencies for games and then use that currency to trade for bitcoin.
I do not think so. Localbitcoin is full of scammers and if you are newbie, you may not know where to start or which members are trustworthy. In my opinion, the best way to buy Bitcoin is to find some one in your country who is willing to sell bitcoin to you and  make a deal with him/her
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
January 17, 2017, 10:32:52 PM
#32
There's an easy way to convert money to btc in my country using my online wallet cash in request option which allows you a payment via recommended outlet by our wallet site, one of the most popular in our place is seven eleven convenience store. Its so easy and convenient once you made the steps for cash in request, just present the barcode to the store teller and you're ready to pay the amount you requested to be cash in to your wallet.
hero member
Activity: 840
Merit: 502
January 17, 2017, 08:45:11 PM
#31
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.
The easiest way is to use your fiat to buy bitcoin in localbitcoins, and buy the bitcoins in a face to face trade, or you can use cash deposit to buy it, another possibility is to use virwox, or you can buy currencies for games and then use that currency to trade for bitcoin.
hero member
Activity: 2926
Merit: 567
January 17, 2017, 08:44:40 PM
#30
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.
About your partner he should have a good knowledge about how bitcoin works and the risk involve in holding him or else you will lose his friendship if Bitcoin price suddenly take a big dip..

Check your country for a legit exchangers or a features that you have what you are looking for ,fortunately here in our country we have a company that can do that.
sr. member
Activity: 283
Merit: 250
January 17, 2017, 08:22:13 PM
#29
What are some of the largest retailers who accept bitcoins?
newbie
Activity: 37
Merit: 0
January 17, 2017, 07:55:09 PM
#28
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

You deposit to exchange, especially Chinese exchanges are easiest to buy bitcoin. Payment processor costs much fees.
member
Activity: 130
Merit: 10
January 17, 2017, 07:33:09 PM
#27
Currently, the easiest way to convert money into bitcoins is through Localbitcoins.
You can use Coinbase also but it will take some of your personal Info.



I use local bitcoin it works the best and I have never had any problems. There should be even more ways. You can do more private dealings or on some exchanges and things but I just prefer the ease of local bitcoin. I think people with masses amounts of bitcoin would use exchanges.
legendary
Activity: 1218
Merit: 1007
January 17, 2017, 07:25:48 PM
#26
The easiest ways I've found to convert money into Bitcoin mostly comes directly from exchanges to be honest, so anything like BTC-E, Coinbase, whatever it is, as long as it is an exchange I've found it to perform fairly well.

If you have cash, then I would recommend doing something like localbitcoins and converting money that way.

Paypal and CCs are accepted by most exchanges.
hero member
Activity: 840
Merit: 529
January 17, 2017, 07:07:51 PM
#25
Currently, the easiest way to convert money into bitcoins is through Localbitcoins.
You can use Coinbase also but it will take some of your personal Info.



It's not what is asked there though...
Local bitcoin is good, sure.
I mean I use it at least once a month whatever the change.
But here OP is asking for a DIRECT transformation. Like something immediate!
And sadly it just doesn't happen...
hero member
Activity: 882
Merit: 528
January 17, 2017, 07:05:47 PM
#24
Currently, the easiest way to convert money into bitcoins is through Localbitcoins.
You can use Coinbase also but it will take some of your personal Info.

member
Activity: 167
Merit: 10
January 17, 2017, 07:03:14 PM
#23
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.
In our country there's an app called Coin.ph . It provides convertion of peso to btc and btc to pesos then theres more features. We can buy things online , we can pay bills and load our phones. For me that the easiest way to convert money to btc because you can also cash in and convert . Also it is a wallet that let you see the convertion so you are aware if the convetion is ok Smiley
hero member
Activity: 798
Merit: 506
January 17, 2017, 05:31:08 PM
#22
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

Well, I can buy and sell bitcoin simply use my phone.
However, the transaction was not in big amount of bitcoin but less than BTC1.
Because my friend has a local exchange, it's very helpful.
There is an exchange platform in my country that allows people to transact where you can pay with a simple sending messages, it depends on your country regulations and bank account services.
hero member
Activity: 840
Merit: 529
January 17, 2017, 05:16:34 PM
#21
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

I see what you mean, and there is none...

I had to add the Paypal payment possibility simply because of what you're saying. No matter what BTC isn't that easy to buy.
You can buy services and products in BTC only if you're already a user. Otherwise...
So if you can, go for Paypal, it's not as good as BTC but it's still not the usual banking system so...
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
January 17, 2017, 05:09:36 PM
#20
I have met with this problem several times and many others too met with this problem. We consider global accessibility a great advantage of BTC with very good reason. Technically, BTC is available from anywhere, anytime. The issue is coming down to communication. Assuming that your partner is not a BTC holder already, how do you have him exchange his money into BTC?

Even when BTC has these advantages, other payment processors have not and when people have to exchange money from any other payment processor into BTC, transaction issue comes from the other payment processor like PP holding back money or certain banks do not execute transactions in certain time intervals. How do we get around this?

I thought a payment processor where you can pay with a simple SMS or call from your phone credits and receive some BTC would be very useful.

If you are a BTC holder then you are the one who will adjust. If your partner is US DOLLAR holder then you are the one who will convert from BTC to US DOLLAR. Above my post is correct, Yes there are restriction in some country because of it's anonymity. So you are the one who will adjust you need to convert your BTC to US DOLLAR. There are some famous website that can exchange BTC to US DOLLAR. I think coinbase is the one, but some didn't like coinbase because of some issues. Or you can exchange it to a currency exchange platform. like btc-e, c-cex, cex, polo and etc then withdraw it to your USD wallet.
hero member
Activity: 1106
Merit: 521
January 17, 2017, 04:33:34 PM
#19
The problem is that currently most exchanges have to get information on their customer for money laundering reason or face going to jail, its that simple.  i agree currently it is not that easy to get fiat into BTC but hopefully in the future it will get better, but i cant see it ever being anonymous .
hero member
Activity: 868
Merit: 503
January 17, 2017, 04:21:04 PM
#18
You are always going to depend on the banking system if you want to convert fiat into BTC, if by "money" you mean fiat, so you are going to deal with all the inconveniences of the banking system, there is no way around it.

The only way to bypass it would be to work and get paid in BTC directly.

Yeah. I mean "fiat" and fiat->BTC conversion and how it limits the possibilities from the fiat side. So, basically, to get around this problem, I should have people do work for me so that I could pay to them directly in BTC. Giving good jobs to people is not an easy job, just look at how much governments have been successful with it so far lol.

again, everything that everyone has says still applies.  go buy a serve card for cash and use localbitcoins to trade that for BTC, less than thirty minutes
hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
January 17, 2017, 04:06:43 PM
#17
You are always going to depend on the banking system if you want to convert fiat into BTC, if by "money" you mean fiat, so you are going to deal with all the inconveniences of the banking system, there is no way around it.

The only way to bypass it would be to work and get paid in BTC directly.

Yeah. I mean "fiat" and fiat->BTC conversion and how it limits the possibilities from the fiat side. So, basically, to get around this problem, I should have people do work for me so that I could pay to them directly in BTC. Giving good jobs to people is not an easy job, just look at how much governments have been successful with it so far lol.
full member
Activity: 181
Merit: 100
January 17, 2017, 03:41:28 PM
#16
I use localbitcoins, pretty simple and straight forward
newbie
Activity: 28
Merit: 0
January 17, 2017, 01:21:17 PM
#15
buy gift cards or use local bitcoins
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