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Topic: Easiest way to convert money into BTC? - page 4. (Read 10882 times)

hero member
Activity: 868
Merit: 503
February 14, 2017, 01:01:47 AM
What do you guys think about Paxful? I've been hearing a lot about them lately.

paxful and lbc compare in one important way.  lbc requires a $400~ vendor deposit to start initiating vendor trades of most types.  .  that is in addition to the funds going from your wallet into escrow. paxful only requires the escrow to be covered.  that means that nearly anyone with $5-10 worth of FIAT or bitcoin can start acting as a vendor on paxful.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
February 13, 2017, 08:34:34 AM
What do you guys think about Paxful? I've been hearing a lot about them lately.
member
Activity: 156
Merit: 10
February 13, 2017, 07:14:49 AM
For me, the easiest way to buy btc is using credit cards. That's why I mostly use CEX.IO, one of the top sites that accepts cards. I mean, not the prepaid cards that some websites are trying to sell you, but ordinary visas and mastercards.
LocalBitcoins are ok, but the exchange rate is nuts.
hero member
Activity: 1610
Merit: 507
February 11, 2017, 08:16:52 AM
Try localbitcoins. Do a cash->cash trade, because you should never EVER publish your personal details or even a picture of any identification inline. You don't know for sure how secure the storage is. Remember, anything can be hacked.

the most people is use localbitcoin and localbitcoin is a good site with many of recommended seller that we can found and we can make transaction with safe. only make transaction with the seller that you know before and if the seller is new for you, then you can try to withdraw small amount to see how good the seller is then you can continue with medium amount and after that big amount.
legendary
Activity: 1232
Merit: 1030
give me your cryptos
February 11, 2017, 07:55:01 AM
Try localbitcoins. Do a cash->cash trade, because you should never EVER publish your personal details or even a picture of any identification inline. You don't know for sure how secure the storage is. Remember, anything can be hacked.
sr. member
Activity: 381
Merit: 250
February 11, 2017, 07:36:12 AM
There are many easiest way
to convert money into bitcoin.
You can use legal trasactions
in the internet that convert money
into bitcoin.
hero member
Activity: 1190
Merit: 534
February 11, 2017, 04:33:02 AM
One can directly purchase bitcoin from the other bitcoin holder and to make the transaction easier, there are exchanges (such as localbitcoins). Now, when any financial company or bank does not want them to get in the mess of cryptocurrency (Let’s admit it that bitcoin is still new and some people are skeptical about cryptocurrencies as a whole), they put the restrictions on their users to stay refrain from dealing with it using their service, that’s it. The easiest way is to find those services which support such trading (like Unocoin or Zebpay in India).
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
February 11, 2017, 04:08:46 AM
I cant suggest you better way then i use because, I have contact with big trader of india who helps me to convert real money into bitcoin and bitcon into real money. its just hazzel free task for me to convert bitcoin and fait. he is just a god for me. his honesty makes me become fan and support him. Thanks trader Alpesh
Actually he is not doing any big favor to you my friend because even if you don't sell him you can still get skrill/moneybookers from bitcoins directly in moments and just at 3% fees. And skrill as we all know can be converted to real money via legal ways too. Anyways hope it helps you guys.
sr. member
Activity: 406
Merit: 250
February 11, 2017, 02:25:17 AM
The best way is localbitcoin of course.. there are plenty ways to exchange money for btc there, and even you can use almost every bank and exchange back to fiat if you need.

Well, localbitcoin could be an alternative place to redeem our bitcoin to fiat. Because we can look for purchasers who come from the same country as us. If not wrong, I once read that there are two people who transact bitcoin directly because derived from the same country, as they met in localbitcoin. Thank you
sr. member
Activity: 294
Merit: 250
February 11, 2017, 01:59:26 AM
Try http://coinbase.com It's currently the easiest way to convert Bitcoins to cash and vice versa. They also have partnered with PayPal so I can sell Bitcoins for PayPal balance. I find it very useful as I often use PayPal to shop computer parts online.
full member
Activity: 201
Merit: 194
February 11, 2017, 01:30:20 AM
The best way is localbitcoin of course.. there are plenty ways to exchange money for btc there, and even you can use almost every bank and exchange back to fiat if you need.
hero member
Activity: 518
Merit: 500
February 10, 2017, 09:56:50 PM
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.

As for me the easiest way  for me to convert my fiat to bitcoin is to buy bitcoins in an online exchange service , Here in the Philippines we have an online financial service that allowed us to buy bitcoin conveniently , we use coins.ph to buy bitcoins in the most convenient way we are comfortable with , when you are here in the Philippines I will totally recommend you coins.ph
that is a great news. You are so lucky since the people in your country support Bitcoin. even though my country is the same as yours, i still find that it is difficult to use the bank system in krder to transfer money to buy Bitcoin. Therefore, I prefer buy Bitcoinfrom my friends since they know how to get bitcoin fast and in the most convenient ways
hero member
Activity: 1806
Merit: 672
February 10, 2017, 09:44:30 PM
For me the easiest way to turn my cash into btc is to use an atm half an hour away from my house. There" no faster way for me, if I send my fiat from my bank account to bitstamp for example, i"ll have to wait a couple of days.... ATM definitely the fastest way for me. But there"s only one problem, ATM fee is 8,9 percent  Roll Eyes
each person has a different way to exchange money they have become bitcoin. maybe some people will take advantage of the site exchangers reliable, but mostly again make the switch to someone immediately to maintain security
Anything related with an online transaction is fast. And we all know in order to transact the conversion of Bitcoin is online, it depends on the person converting the Bitcoin. Some people use bank transfers like you, some they go to convenience stores who buys Bitcoin, and some even by from another users all of which are considered fast. I depends on how the buyer wants to buy the Bitcoin.
sr. member
Activity: 434
Merit: 250
February 10, 2017, 09:17:19 PM
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.

As for me the easiest way  for me to convert my fiat to bitcoin is to buy bitcoins in an online exchange service , Here in the Philippines we have an online financial service that allowed us to buy bitcoin conveniently , we use coins.ph to buy bitcoins in the most convenient way we are comfortable with , when you are here in the Philippines I will totally recommend you coins.ph
sr. member
Activity: 1176
Merit: 252
February 10, 2017, 03:15:54 PM
For me the easiest way to turn my cash into btc is to use an atm half an hour away from my house. There" no faster way for me, if I send my fiat from my bank account to bitstamp for example, i"ll have to wait a couple of days.... ATM definitely the fastest way for me. But there"s only one problem, ATM fee is 8,9 percent  Roll Eyes
each person has a different way to exchange money they have become bitcoin. maybe some people will take advantage of the site exchangers reliable, but mostly again make the switch to someone immediately to maintain security
legendary
Activity: 1512
Merit: 1041
February 10, 2017, 03:13:25 PM
i suggest you to try cryptopay. you can buy bitcoin from there. beware from scammers there's a lots of scam stores who can stole your money. there's another website name Localbitcoin its a great site to exchange money into bitcoins good luck  

I'd rather go to a local ATM and buy some BTC instead, it's fast, easy and safe. You protect your identity too.. I luckily have one just one minute walk from my home which is great! The only thing I don't like is that they offer BTC for $30 over the price.
I get very fascinated and excited when I hear bitcoins ATMs but I wonder how they work how exactly they pay and really can you suggest me where in India we can find such ATM ? I will surely visit that whenever possible and see how things work.
By the way can we sell bitcoins too to the ATM ? sounds odd but I thought maybe its better to ask Smiley
legendary
Activity: 1358
Merit: 1001
February 10, 2017, 12:33:17 PM
For me the easiest way to turn my cash into btc is to use an atm half an hour away from my house. There"s no faster way for me, if I send my fiat from my bank account to bitstamp for example, i"ll have to wait a couple of days.... ATM definitely the fastest way for me. But there"s only one problem, ATM fee is 8,9 percent  Roll Eyes
legendary
Activity: 1610
Merit: 1004
February 10, 2017, 12:23:17 PM
Easiest way to convert fiat money into Bitcoin or vise-versa for me is local exchange where I always am able to do any transaction online in matter of minutes. Earlier I was buying using different platforms outside of my country. It has been much more flexible and reliable way now doing everything locally.
hero member
Activity: 616
Merit: 502
February 10, 2017, 10:49:59 AM
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?

Well, first he must have a bitcoin wallet, for him to receive his bitcoin if he will convert his money to bitcoin, and the one that will going to help him with that is you. Since he is your friend and you want your transaction to be fast, then tell him that you are going to sell your bitcoin to him, so that he can convert his money to bitcoin, simple as that.


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.

It is because not all the payment processors accepts bitcoin, like for example, there are just some banks that is accepting bitcoin for the supported transactions that they have, like here in country(Philippines), one of the bank account here in the Philippines is accepting bitcoin, here is the article

http://­www.newsbtc.com/2017/­02/08/­philippines-bangko-se­ntral-recognizes-bit­coin-payment-system/
hero member
Activity: 2590
Merit: 644
February 10, 2017, 10:40:08 AM
You can convert your bitcoin into fiat by exchanging it on different trading sites then sending it to your another fiat online account where you can withdraw your money. You can also try localbitcoins.com because that site is one of the easiest way to convert or sell your coins but always be careful in doing transactions.
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