new to bitcoin, how do i buy? | Bitcointalksearch.org

DimitrisLodirogas

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Quote from: Bologovec on December 06, 2019, 11:16:56 AM

Quote from: Lucius on December 06, 2019, 10:25:32 AM

FiveFootFreak, do not buy BTC before you become fully aware of all the risks of such a purchase. You have to learn some basic things, and that includes how to use crypto wallet, what is crypto address and what is private key, and what steps you need to take to be your own crypto bank. Also familiarize yourself with the legal/regulatory situation in your county, is BTC legal or not and with other things that may matter.

Best service would be something local, but you can also check most used/trusted exchanges like Coinbase, Binance, Bitstamp. Be prepare to do KYC (Know Your Customer) procedure of proving your identity.

We have our exchange on forum, you can try to trade there, but do that only with trusted members/use escrow.

I just started studying the cryptocurrency system and now I'm learning a lot about it. If you advise reliable sources, where everything is described in detail and clearly for those who only want to buy cryptocurrency, I will be grateful.

We all had same problems. Newscrypto school worked fo me, they explain nicely whole process, for free

Sonu_titu

member

Activity: 136

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Welcome! there are too many ways you can get your first BTC few are:

Through ATM's
Buy exchanging funds with one who holds BTC
Go to exchanges like Indacoin, CoinSwitch, Simplex, Changelly, Bitoasis(for UAE), CoinJar(if you are from Australia).

OnaThibault

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Thanks for your topic. After reading and learning about the posts on this topic, I got to know safe BTC trading places!

virasog

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Quote from: FiveFootFreak on December 06, 2019, 08:55:08 AM

...and which is the best service to use to buy them.

thanks in advance

It depends upon where you live. In most part of the world you will find localbitcoins.com the best option to buy the bitcoin but you will get a price a little bit higher there. There may be other option for you too but I can only help you find those once I know which country you live and how much amount of bitcoins you need to buy.

Subbir

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Quote from: malevolent on December 06, 2019, 05:53:54 PM

Depends where you're from / which countries you're "connected" to (have passports, bank accounts, etc.).

This site can provide a lot of suggestions where to buy bitcoins from: https://www.buybitcoinworldwide.com/

Also, I would say that if you have a passport bank account and electricity bill that would be a lot easier For Bitcoin Buying and Selling, I acquiesce with you that most places use a bank account and Passport, The maximum transaction limit is to verify the address.

smartbitcoininvestor

sr. member

Activity: 652

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You can sign up for an exchange but first, you have to submit your identity. Otherwise, you can go on a platform such as LocalBitcoins or even here on the Bitcointalk.org marketplace / signature campaigns.

Many YouTubers give away free BTC if you just join their giveaways. Join the community and ask around. There are plenty of places where you can get/buy bitcoin.

Velkro

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Quote from: FiveFootFreak on December 06, 2019, 08:55:08 AM

...and which is the best service to use to buy them.

thanks in advance

Depends on your location. Choose exchange which suits best your current location so for example gemini/bitstamp/bitfinex etc
You create account, sometimes do KYC first then start buying/selling.

Good luck and welcome on forum.

xZork

hero member

Activity: 1249

Merit: 506

If you are new to the cryptocurrency market, I think that before you decide to buy Bitcoin you should learn about it.
You can start learning about Bitcoin here: https://bitcoin.org
After learning about bitcoin you can return to this forum and learn how to buy and sell Bitcoin and other altcoins /
Read this topic:
https://bitcointalksearch.org/topic/newbies-read-before-using-exchanges-or-investing-5178747
Some of my advice will be helpful to you.
Do your own research about the currencies you decide to invest, not invest based on anyone's advice.
Emotions are enemies of traders, so don't trade when you lose your temper.
Never invest beyond what you are willing to lose.
Finally with your question: https://localbitcoins.com/ is a reputable address in case you want to buy Bitcoin.
Good luck

bob123

legendary

Activity: 1624

Merit: 2481

Before buying bitcoin, please make sure you know how wallets work and what determines their security.
Read about the basics of bitcoin and its storage and the most common scams (e.g. never buy private keys or let anyone else create a wallet for you).

Use an well known exchange which is accessible from your country and don't buy privatly from people without and middlemen or if you trust them enough.

Whenever you are not sure about something, stop what you are doing and consult this forum before making any mistakes which might lead to a loss of funds.

ice18

hero member

Activity: 2492

Merit: 542

We cant tell which service is the best for you unless you can tell us your location and what method of payment you want to use either cash, bank account or credit cards this options have different transaction fees you can choose which is the most convenient to you like cheapest fees for example if you live on USA one of the most popular bitcoin exchange I know is https://www.coinbase.com

Negotiation

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Before you buy Bitcoin for a new Bitcoin, you need to research and adjust before you buy it. There are many Exchange Side on Crypto where you can easily make Bitcoin. For example, Bittrex, Binance, kucoin, much good exchange site where you can buy Bitcoin. When buying Bitcoin you should have your own wallet where you can safely. You can also use credit cards.

Polina_21

member

Activity: 80

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You can buy on any leading exchanges like Binance, Coinswitch, Simplex etc. You can buy Bitcoin with Credit or Debit card with the exchange that supports buying from your location. Before buying on any exchange, please do some research about that platform, check their reviews and then buy.

malevolent

legendary

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Depends where you're from / which countries you're "connected" to (have passports, bank accounts, etc.).

This site can provide a lot of suggestions where to buy bitcoins from: https://www.buybitcoinworldwide.com/

panganib999

hero member

Activity: 1750

Merit: 589

Can you share which country you are in right now? There are localBTC exchanges in a few selected countries that could really help you in trading BTC since it lessens the hassle involved. If you don't want to, you can look up some of the famous exchanges out there like coinbase or binance. Take care of KYC though, since I myself don't really like it. But it does limit your privileges so it really is up to you whether you'd want to KYC or not.

mk4

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Quote from: Bologovec on December 06, 2019, 11:16:56 AM

I just started studying the cryptocurrency system and now I'm learning a lot about it. If you advise reliable sources, where everything is described in detail and clearly for those who only want to buy cryptocurrency, I will be grateful.

Read most(or all if you have the time) of the articles listed in this page[1]. Especially the ones concerning bitcoin, and probably also a few of the Ethereum ones just so you won't be completely ignorant on what it is. These should give you enough of a background on what you're going to deal with.

Also, if you like watching videos, go for the Bitcoin for Beginners[2] playlist by Andreas Antonopoulos.

[1] https://www.coindesk.com/learn
[2] https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Bologovec

brand new

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Quote from: Lucius on December 06, 2019, 10:25:32 AM

FiveFootFreak, do not buy BTC before you become fully aware of all the risks of such a purchase. You have to learn some basic things, and that includes how to use crypto wallet, what is crypto address and what is private key, and what steps you need to take to be your own crypto bank. Also familiarize yourself with the legal/regulatory situation in your county, is BTC legal or not and with other things that may matter.

Best service would be something local, but you can also check most used/trusted exchanges like Coinbase, Binance, Bitstamp. Be prepare to do KYC (Know Your Customer) procedure of proving your identity.

We have our exchange on forum, you can try to trade there, but do that only with trusted members/use escrow.

I just started studying the cryptocurrency system and now I'm learning a lot about it. If you advise reliable sources, where everything is described in detail and clearly for those who only want to buy cryptocurrency, I will be grateful.

Lucius

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FiveFootFreak, do not buy BTC before you become fully aware of all the risks of such a purchase. You have to learn some basic things, and that includes how to use crypto wallet, what is crypto address and what is private key, and what steps you need to take to be your own crypto bank. Also familiarize yourself with the legal/regulatory situation in your county, is BTC legal or not and with other things that may matter.

Best service would be something local, but you can also check most used/trusted exchanges like Coinbase, Binance, Bitstamp. Be prepare to do KYC (Know Your Customer) procedure of proving your identity.

We have our exchange on forum, you can try to trade there, but do that only with trusted members/use escrow.

noorman0

hero member

Activity: 1778

Merit: 709

[Nope]No hype delivers more than hope

If you're from a country that legalizes cryptocurrency, try to buy on your local exchange that has a legal company license. Besides being easier to operate using your local language, at least this will reduce the small risks and you can easily contact and claim them if something goes wrong.

LbtalkL

full member

Activity: 1176

Merit: 162

Hi, Is this your first time buying cryptocurrency? In your country Don't you have a local wallet that converts Fiat to Bitcoins? In my case, we have one and it is very convenient. If that option is not available to you, Just try https://localbitcoins.com/ and buy with PayPal or banks.
Some exchanges and wallets also offers services to buy bitcoin with credit cards like https://cex.io/. Anyways try in your own risk.

FiveFootFreak

newbie

Activity: 2

Merit: 1

...and which is the best service to use to buy them.

thanks in advance

Topic: new to bitcoin, how do i buy? (Read 202 times)