Topic: is there any easy way to buy and store bitcoin? - page 3. (Read 1001 times)
people love bitcoin as currency if explaine to them how to bitcoin uses in easy way, many store accept bitcoin as payment as i heards but here in my location i can use bitcoin as payment in the electric bills water bils via online wallet but i can't use already to buy food or in the groceries store, i think in the few years bitcoin use to buy food here in my location because bitcoin is legit here and legit as currency by the central bank.
Buying bitcoin is easy. There are various crypto exchanges for that purposes .you can store it in your private wallet
In my case there is, I lived in the Philippines and we do have a site called coins.ph wherein we can buy Bitcoin instant anytime it goes directly to my coins.ph bitcoin wallet for that it is automatically stored in that address until i send it to any other Bitcoin address.
I have never tried such before. I make use of Xapo and they have an option to buy Bitcoin and add to your Xapo wallet, but I never chose to make use of it. My favorite way to buy bitcoin is through the Localbitcoins site. I also have a friend that lives close and is also into Bitcoin. So sometimes I sell to him face to face. 
The best and easy way to buy Bitcoins is to find a local exchange for your country, sign up there and buy through your banks or if you want too much privacy then contact any trusted trader on this forum and make a deal.
For storing, if you want physical offline wallets then go for trezor and keep it offline.
For storing, if you want physical offline wallets then go for trezor and keep it offline.
Actually we can make it simpler and don't need as much knowledge as science experts to understand it.
Just make an account in an exchanger that you trust, and you can buy or sell and store it.
Just make an account in an exchanger that you trust, and you can buy or sell and store it.
That is already more complicated for the normal people, only less than 1% of people are doing it and knows how to do it via exchange. We need a simpler way, like buying lottery tickets at a store.
finally i convinced my friends to believe in cryptocurrency, but, when the procedural, key chain, wallet....etc.
it just killed the mood, it is like some rocket science
so anything, whatever, can let normal people to understand, to buy, to store
if we can something physical, even better
For me there is no easy way to buy or to store bitcoin just always think and ask if you buy a nice coin if the have a potential to increase becuase you will lose if it happen , but always ask to them what is the safest way to store your wallet . it just killed the mood, it is like some rocket science
so anything, whatever, can let normal people to understand, to buy, to store
if we can something physical, even better
Actually we can make it simpler and don't need as much knowledge as science experts to understand it.
Just make an account in an exchanger that you trust, and you can buy or sell and store it.
Just make an account in an exchanger that you trust, and you can buy or sell and store it.
This is one of the payment method we are running to support offline payment btw
More info here: https://medium.com/pundipundi
Hi, I live in Indonesia and am part of a Fintech startup.
We plan to roll out an easy way to buy and spend cryptocurrency, the plan is to roll out a smart POS/EDC device with the capability to process both buy and sell real time. Also the bought cryptocurrency can be stored in a secured card or in our app, or any apps that supports storage, including Coinomi, electrum etc.
We plan to roll out an easy way to buy and spend cryptocurrency, the plan is to roll out a smart POS/EDC device with the capability to process both buy and sell real time. Also the bought cryptocurrency can be stored in a secured card or in our app, or any apps that supports storage, including Coinomi, electrum etc.
In my case there is, I lived in the Philippines and we do have a site called coins.ph wherein we can buy Bitcoin instant anytime it goes directly to my coins.ph bitcoin wallet for that it is automatically stored in that address until i send it to any other Bitcoin address.
Yes there are many easy ways to buy and store bitcoin for you.One of the best example is Coinbase and Coins.ph(Philippines only). These two online wallet platform gives every individual an easy ways to top up bitcoin by making bank deposit direct to your wallet with secured blockchain hash , cashing in and cashing out thru different remittance centers (Philippines only).
If you want to have bitcoin, I suggest you to visit the official exchangers who accept the exchange of rupiah into bitcoin. you should have a bitcoin wallet / wallet first, though not very necessary, but to keep your bitcoin in the long run, it's safer if you have a private wallet instead of using the wallet provided by the exchanger service.
If this is such a big barriers then they probably are losers that won't get anything from live if they don't change, and probably would lose their BTC to scams or hacks or because they panic sold at the wrong time, so they wouldn't make difference in the end.
yes, this is one of their concern
as there is no to the price fluctuation, they require a more normal-user-friendly mechanism or platform to buy and sell
imagine you have to transfer your bitcoin from wallet to the exchange, then trade at the exchange, it is just too slow and it is so dangerous if we store our bitcoin in those exchange platforms, let alone the complicated authentication process and password
the purpose of doing this investment is not for the losing money,so we are still looking some easy way
something physical, like mobile credit reload card
Something physical is not the mental approach you should be having towards cryptocurency.
What are your goals? Are you planning to buy hefty amounts, or just a few bucks' worth?
If you are looking to invest heavily, I would buy something like a TREZOR (a hardware wallet) which will keep your coins more secure. This WILL set you back over $100, so make sure it's worth it.
Otherwise, just use a lightweight wallet you trust. Electrum is a fairly good one IMHO.
Buying bitcoin can be as easy as dealing with a human being through a platform like localbitcoins, or as "complicated" as registering on an exchange that provides FIAT services, follow all KYC procedures, send a bank transfer, and buy coins from the exchange.
If you _do_ follow this path, do not store your coins on the exchange for the long-term. Always use a wallet that you can control, always encrypt your wallet, and always keep a physical handwritten copy of your recovery or private key. in a safe.
It's not rocket science, but you need to read around a bit, and try things out. practice makes perfect. don't practice on 15 grand at a time.
What are your goals? Are you planning to buy hefty amounts, or just a few bucks' worth?
If you are looking to invest heavily, I would buy something like a TREZOR (a hardware wallet) which will keep your coins more secure. This WILL set you back over $100, so make sure it's worth it.
Otherwise, just use a lightweight wallet you trust. Electrum is a fairly good one IMHO.
Buying bitcoin can be as easy as dealing with a human being through a platform like localbitcoins, or as "complicated" as registering on an exchange that provides FIAT services, follow all KYC procedures, send a bank transfer, and buy coins from the exchange.
If you _do_ follow this path, do not store your coins on the exchange for the long-term. Always use a wallet that you can control, always encrypt your wallet, and always keep a physical handwritten copy of your recovery or private key. in a safe.
It's not rocket science, but you need to read around a bit, and try things out. practice makes perfect. don't practice on 15 grand at a time.
I believe is the super long serial number + alphabet that makes them confusing, how can an asset looks like this?
the authentication and super long passcode of the address also the pain
they do not know how to remember or store the passcode
Just check this links ;
https://www.bitcoin.com/spend-bitcoin-online
https://www.coindesk.com/information/what-can-you-buy-with-bitcoins/
Many retailer including overstock accepts bitcoin as payment method and also you can buy anything from dell with bitcoin.
Easiest way to use your bitcoin is to topup balance of any mobile in the world via bitrefill.com
https://www.bitcoin.com/spend-bitcoin-online
https://www.coindesk.com/information/what-can-you-buy-with-bitcoins/
Many retailer including overstock accepts bitcoin as payment method and also you can buy anything from dell with bitcoin.
Easiest way to use your bitcoin is to topup balance of any mobile in the world via bitrefill.com
guess it is still consider complicated for normal users
some of them still cannot imagine bitcoin is a serial of number and alphabet
it is the 'complicated procedure' that inputs 'crypto' into cryptocurrency
so bear with it then
welcome to the whole new world
so bear with it then
welcome to the whole new world
You can go to an exchanger who is willing to sell bitcoin with fiat, I think triv is a good choice. then if you've got bitcoin at the right price you can keep it in blockchin or something else.
That's one possible way and other than that localbitcoins seems to be the best way to buy and store bitcoin in a much secure manner. More we enable the security features more will be the secure holding of bitcoin. Now Eth too has been added to the list supporting traders into active participation of different digital currency storing and trading. 
finally i convinced my friends to believe in cryptocurrency, but, when the procedural, key chain, wallet....etc.
it just killed the mood, it is like some rocket science
so anything, whatever, can let normal people to understand, to buy, to store
if we can something physical, even better
Ye there is,the easiest way tht I know to buy and sell bitcoin ia through the poloniex Polobiex is an online money trading wbesite in where tou can buy and you can also sell bitcoin.With that you can have more money. it just killed the mood, it is like some rocket science
so anything, whatever, can let normal people to understand, to buy, to store
if we can something physical, even better
Electrum is easy.
You can go to an exchanger who is willing to sell bitcoin with fiat, I think triv is a good choice. then if you've got bitcoin at the right price you can keep it in blockchin or something else.
Jump to: