The current price of bitcoin is around 8200 dollars as of today, we have to think in long term when it comes to the mass adoption of bitcoin for this state ,so the value will be worth approximately at least 5 times more that is 30000 per coin
Topic: How do I buy bitcoins? (Read 5381 times)
I wrote a short article on the easiest way to get started, buying bitcoin and then how to trade altcoins as well. Purchasing with credit card cannot be done with most banks now, and you should never borrow money to purchase coins. Never spend more than you are willing to lose.
http://www.ranthe3rd.com/beginners-guide-trading-cryptocurrencies/
http://www.ranthe3rd.com/beginners-guide-trading-cryptocurrencies/
Choosing which is the best method, depends on three factors.
The three factors are:
KYC Requirement or Information to be Provided to Exchanges (Privacy)
Payment Method
Location
You can find Read this to learn more : Best Bitcoin Buying Guide
The three factors are:
KYC Requirement or Information to be Provided to Exchanges (Privacy)
Payment Method
Location
You can find Read this to learn more : Best Bitcoin Buying Guide
One should always compare the price of Bitcoin on various exchanges. It is astounding that the price may vary on different exchanges. I recommend checking out https://www.hubx.io/ to compare prices and other costs on various exchanges
Always check if there is 24/7 support
and/or if said platform supports Escrow
which marketplaces like Paxful has.
I always think of that when I buy bitcoins.
and/or if said platform supports Escrow
which marketplaces like Paxful has.
I always think of that when I buy bitcoins.
Well, to expand this thought, Paxful provides, guides, tutorials(directly from an admin) and support responds within 10 minutes time.
Really feels good that they are Involving themselves in education of users.
Always check if there is 24/7 support
and/or if said platform supports Escrow
which marketplaces like Paxful has.
I always think of that when I buy bitcoins.
and/or if said platform supports Escrow
which marketplaces like Paxful has.
I always think of that when I buy bitcoins.
In our country you can buy bitcoins in any banks or mini shop. In the bank you can deposit in coins.ph then you converted in bitcoin while in mini shop you were buy into coins.ph after that they sent you a bar code and the bar code given to you was scanned by the cashier of mini shop.
The easiest is to buy on coinbase.com
buy in local bitcoin. like here in the philippines coins.ph
I couldn't buy 'em with Visa. :S
There's a lot of way to buy bitcoin, however I don't know of that is available to different country. Because in our country you can bu bitcoin thru banks and different store outlet.
When buying bitcoin in a P2P market, always check if there is 24/7 support
and/or if said platform supports Escrow
which respectable marketplaces like Paxful has.
I always think of that when I buy bitcoins.
and/or if said platform supports Escrow
which respectable marketplaces like Paxful has.
I always think of that when I buy bitcoins.
The most trusted place to buy bitcoins is from localbitcoins as there are many trusted traders with high trust rating and the process is very simple and easy and won't eat much of your time and there is no chance that you will get scammed on that site as I am buying bitcoins from the same place since long time and everything has gone smooth so far.
1minbtc.com IS A SCAM!!! AVOID!!!
Try to go https://localbitcoins.com/ that is available with several countries for trading Bitcoin in more methods. I think it help you much
So far, localbitcoins.com is the best for variety payment option (cash,paypal,moneygram). Used it always. But make sure you find 100% trusted seller. Less 1 hour transaction.
Try to go https://localbitcoins.com/ that is available with several countries for trading Bitcoin in more methods. I think it help you much
So far, localbitcoins.com is the best for variety payment option (cash,paypal,moneygram). Used it always. But make sure you find 100% trusted seller. Less 1 hour transaction.
Great questions raised here. Let me try give some insight:
I've written up a full explanation showing how it is possible to use a visa debit or mastercard to buy bitcoins: https://howtobuybitcoin.io/#Which_is_the_best_payment_method_to_get_bitcoins . You will aslo see that one can buy btc with cash, paypal, and banktransfer (the cheapest but slowest method).
Quote
1) Can you use a visa debit to buy bitcoins online? If not from coinsbank, is there anywhere else?
I've written up a full explanation showing how it is possible to use a visa debit or mastercard to buy bitcoins: https://howtobuybitcoin.io/#Which_is_the_best_payment_method_to_get_bitcoins . You will aslo see that one can buy btc with cash, paypal, and banktransfer (the cheapest but slowest method).
I know that is not a popular method but in some places, especially in big cities, there is the option of crypto ATMs. Currently there about 1170 machines as this site claims here. Eventhough is an expensive way in some places but some of these machines has the nice feature not only to buy but you can sell to fiat too. So for the sake of completeness of your guide, which IMO it is very well written you could add this option too.
Do you have to verify in some way?
Great questions raised here. Let me try give some insight:
I've written up a full explanation showing how it is possible to use a visa debit or mastercard to buy bitcoins: https://howtobuybitcoin.io/#Which_is_the_best_payment_method_to_get_bitcoins . You will aslo see that one can buy btc with cash, paypal, and banktransfer (the cheapest but slowest method).
Quote
1) Can you use a visa debit to buy bitcoins online? If not from coinsbank, is there anywhere else?
I've written up a full explanation showing how it is possible to use a visa debit or mastercard to buy bitcoins: https://howtobuybitcoin.io/#Which_is_the_best_payment_method_to_get_bitcoins . You will aslo see that one can buy btc with cash, paypal, and banktransfer (the cheapest but slowest method).
I know that is not a popular method but in some places, especially in big cities, there is the option of crypto ATMs. Currently there about 1170 machines as this site claims here. Eventhough is an expensive way in some places but some of these machines has the nice feature not only to buy but you can sell to fiat too. So for the sake of completeness of your guide, which IMO it is very well written you could add this option too.
There is a web site where you can quickly buy Bitcoin with a credit card - https://1minbtc.com
Very simple to use, no registration required. Visa, MasterCard, American Express, Discover accepted.
Very simple to use, no registration required. Visa, MasterCard, American Express, Discover accepted.
Great questions raised here. Let me try give some insight:
I've written up a full explanation showing how it is possible to use a visa debit or mastercard to buy bitcoins: https://howtobuybitcoin.io/#Which_is_the_best_payment_method_to_get_bitcoins . You will aslo see that one can buy btc with cash, paypal, and banktransfer (the cheapest but slowest method).
Yes, totally. For small amounts, because it's convenient (but slightly more expensive than bank transfer purchases), most people just find a site to buy bitcoin with paypal: https://howtobuybitcoin.io/#Best_places_to_get_bitcoins_with_PayPal
You know, I get so many questions about why sites do all these verification procedures. Most places have it all done and verified within 48 hours (some faster - Bitstamp for example). There are also places to get bitcoins without ID verification: https://howtobuybitcoin.io/#Why_so_much_identity_verification8230_and_which_sites_don8217t_require_this
Quote
1) Can you use a visa debit to buy bitcoins online? If not from coinsbank, is there anywhere else?
I've written up a full explanation showing how it is possible to use a visa debit or mastercard to buy bitcoins: https://howtobuybitcoin.io/#Which_is_the_best_payment_method_to_get_bitcoins . You will aslo see that one can buy btc with cash, paypal, and banktransfer (the cheapest but slowest method).
Quote
2) Am I able to purchase only $30 worth of bitcoins?
Yes, totally. For small amounts, because it's convenient (but slightly more expensive than bank transfer purchases), most people just find a site to buy bitcoin with paypal: https://howtobuybitcoin.io/#Best_places_to_get_bitcoins_with_PayPal
Quote
3) How long do verification procedures typically last?
You know, I get so many questions about why sites do all these verification procedures. Most places have it all done and verified within 48 hours (some faster - Bitstamp for example). There are also places to get bitcoins without ID verification: https://howtobuybitcoin.io/#Why_so_much_identity_verification8230_and_which_sites_don8217t_require_this
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