can someone please recommend which one is best among these two and why? Planning to buy using my debit card.
www.kraken.com
https://cex.io
Topic: Need Advise on buying bitcoins - page 3. (Read 1621 times)
hello, i am from India and I am 18. I do not have a bank account so I am also kind of the same situation like you but I am using a local trader which I got from the localbitcoin site. I will suggest trying finding a local trader there and if you do not find any then be the first and start buying btc. and if you do find anyone who can exchange your money with Bitcoin then always is secure and alert if he completes a deal with you successfully then you can deal with him again and again.
Yes!!! You picked the right site, LocalBitcoins it is the best one to buy Bitcoins because you can trade with people in your area in many different ways and it is also anonymous because you do not need ID or SMS verification. Good job, bro!
Brother you do not need your ID or anything like this if you use LocalBitcoins. It is a little bit more expensive, but this is my recommendation for you.
When you buy Bitcoins for the first time you should use LocalBitcoins or Coinbase. These are the simplest platforms and also very trustworthy and you don't need to worry about losing your money or getting hacked/scammed because these companies are very big and well known and would not risk their reputation. 
hello, i am from India and I am 18. I do not have a bank account so I am also kind of the same situation like you but I am using a local trader which I got from the localbitcoin site. I will suggest trying finding a local trader there and if you do not find any then be the first and start buying btc. and if you do find anyone who can exchange your money with Bitcoin then always is secure and alert if he completes a deal with you successfully then you can deal with him again and again.
In asking for utility bill, they really don't have interest in the name on the card what they want to confirm is the address and determine whether the address on your id card is the same as the one on the utility bill in other to ascertain that you really live there. Looking to buy exchange sites means you will have to use you debit card which by default carries quite an amount of your details as well. I guess there is no two ways about that.
I think holding bitcoin in about 1-5 years is certainly an investment that has minimal risk of loss but has good chance of earning big profit in the next few years.
Is there no exchanger in your country? If do not have its really hard to buy bitcoins. It's only natural to ask a lot of id and what else. To be sure. So they know your identity. And if you can not give it. You may not buy btc. But there is an alternative way for it. Just go on Market Place > Currency Exchange There you will find those selling their Bitcoins. And they also accepts a Bank transfer based on what you are talking about. But be careful because someone else is a scam and you can just get robbed. Avoid people with a Negative Trust better okay be cautious and careful before making transactions.
well nice elaboration and it is nice to see how much support is given to the people through this forum many people are making money through this and it is hope after hope so keep trying you will learn very soon. Just follow a few steps first of all you need to search about bitcoin In internet and then buy bitcoin and keep it in your wallet and forget about it for long time it will make you earn good profit… after that if you still have money then invest your money in different sites it will help you a lot buy bitcoin at this time will be good because it is increasing in price rapidly. 
You can simply use coins.ph . it is a philipine exchanger and wallet also.They support all countries around globe. I am not residing in philipine but i have seen its features once months ago and i was using it without verification.
To renove limitations , they may ask you for id verification but it is not compulsory.
To renove limitations , they may ask you for id verification but it is not compulsory.
I am from the Philippines and I am a member of Coins.Ph but because I am a local here am not really familiar if it is also dealing with foreigners especially one residing in other countries and in Middle East at that. Yes, it can be good to maybe talk to the support of Coins.Ph and ask how to buy Bitcoin when one is based in another country.
I feel lucky that in the Philippines we have Coins.Ph and there are two more Bitcoin exchanges coming soon and has already got the approval from the Central Bank no less. Cryptocurrency is now very much alive in the Philippines.
You can simply use coins.ph . it is a philipine exchanger and wallet also.They support all countries around globe. I am not residing in philipine but i have seen its features once months ago and i was using it without verification.
To renove limitations , they may ask you for id verification but it is not compulsory.
thanks friend, will try it.To renove limitations , they may ask you for id verification but it is not compulsory.
Most exchanges accept a government certificate of residency instead of a utility bill. You should be able to get this from
the administration (municipality) of your home town. Basically, any document signed from a government agency
should be sufficient!
Besides, you could submit a bank statement instead of a utility bill
(assuming that you have an own bank account in your name and don´t use the bank account
of your parents).
well, I just sent one of them my mutual fund statement which shows my home address - lets see... strangely I checked my bank account statement and it doesn't show my home address. the administration (municipality) of your home town. Basically, any document signed from a government agency
should be sufficient!
Besides, you could submit a bank statement instead of a utility bill
(assuming that you have an own bank account in your name and don´t use the bank account
of your parents).
But I still don't get it, why the heck would someone want my bank statement, its not like they are giving me a loan or something...anyways....
Cex.io and if you are unable to do business with them then you wont be able to do it with any other exchanger because they are the most simple
And easy user friendly exchanging services.
ahh thanks for reminding me about it. I totally forgot about it...was having login issues with the site so I just stopped using it. Am already registered there, will try it again! And easy user friendly exchanging services.
Is there no exchanger in your country? If do not have its really hard to buy bitcoins. It's only natural to ask a lot of id and what else. To be sure. So they know your identity. And if you can not give it. You may not buy btc. But there is an alternative way for it. Just go on Market Place > Currency Exchange There you will find those selling their Bitcoins. And they also accepts a Bank transfer based on what you are talking about. But be careful because someone else is a scam and you can just get robbed. Avoid people with a Negative Trust better okay be cautious and careful before making transactions.
well, the whole concept of crypto-currency as I understand it is then lost if they need my bank statements as well. How the heck is this supposed to be anonymous? I already provided the idiots with my national identity card and my passport. What else do they want? Meet me in person, interview me and then open my account. This is honestly ridiculous and plan stupid imho.
Cex.io and if you are unable to do business with them then you wont be able to do it with any other exchanger because they are the most simple
And easy user friendly exchanging services.
And easy user friendly exchanging services.
- is there any exchange which can get me registered just by my national identity card or passport? They are asking for utility bills in my name which I cannot provide since I live with my parents (normal here) so the bills are in their names. Tried to explain one of the support person but I guess they don't seem to understand
Most exchanges accept a government certificate of residency instead of a utility bill. You should be able to get this from
the administration (municipality) of your home town. Basically, any document signed from a government agency
should be sufficient!
Besides, you could submit a bank statement instead of a utility bill
(assuming that you have an own bank account in your name and don´t use the bank account
of your parents).
You can simply use coins.ph . it is a philipine exchanger and wallet also.They support all countries around globe. I am not residing in philipine but i have seen its features once months ago and i was using it without verification.
To renove limitations , they may ask you for id verification but it is not compulsory.
To renove limitations , they may ask you for id verification but it is not compulsory.
Is there no exchanger in your country? If do not have its really hard to buy bitcoins. It's only natural to ask a lot of id and what else. To be sure. So they know your identity. And if you can not give it. You may not buy btc. But there is an alternative way for it. Just go on Market Place > Currency Exchange There you will find those selling their Bitcoins. And they also accepts a Bank transfer based on what you are talking about. But be careful because someone else is a scam and you can just get robbed. Avoid people with a Negative Trust better okay be cautious and careful before making transactions.
hello everyone, Greetings from Pakistan.
Since am relatively new here and to bitcoins, I've a lot of questions. Bitcoin I feel is relatively expensive to buy locally as the supply is limited and sellers are charging whatever the heck they want. I was thinking to buy it from an international exchange but the problem is that they are asking for too many bloody verification things which I've already provided but they still need blah blah blah.
So, have a few questions:
- is there any exchange which can get me registered just by my national identity card or passport? They are asking for utility bills in my name which I cannot provide since I live with my parents (normal here) so the bills are in their names. Tried to explain one of the support person but I guess they don't seem to understand
- any exchange(or rather their bank) which doesn't a ridiculous amount of money for online transfer from Pakistan.
- the exchange supports limit orders so I can buy when there is a correction in the price
- the exchange offers to buy major cryptos through USD
- they respond to emails !
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