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Topic: Preferred method of buying Bitcoin?? - page 3. (Read 2405 times)

sr. member
Activity: 420
Merit: 250
June 16, 2016, 01:31:52 PM
#14
Most time I prefer localbitcoins.com because at times you could get for a price less than price quoted by exchanges because it has got lot many traders who have different price margins.

I also like localbitcoins and they are also the best with their dealers there, you can pick one out and they are also pretty secure if you are asking me.
Fee's are mostly also pretty low.
sr. member
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
June 16, 2016, 01:13:30 PM
#13
Most time I prefer localbitcoins.com because at times you could get for a price less than price quoted by exchanges because it has got lot many traders who have different price margins.
May i ask how to buy btc on localbitcoins and coinbase ?because i use the method on my country is buying butcpins on 7-11 which is directed to the local BTC wallet available to exchange btc to fiat vise versa.
newbie
Activity: 49
Merit: 0
June 16, 2016, 09:43:42 AM
#12
Most time I prefer localbitcoins.com because at times you could get for a price less than price quoted by exchanges because it has got lot many traders who have different price margins.

Thanks, looking in the forum now.  It's a bit crazy over there at the currency exchange, gotta research "skrill" and other things they use over there, a bit daunting.
legendary
Activity: 3234
Merit: 1214
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June 11, 2016, 02:56:47 AM
#11
Most time I prefer localbitcoins.com because at times you could get for a price less than price quoted by exchanges because it has got lot many traders who have different price margins.
hero member
Activity: 1148
Merit: 527
June 11, 2016, 02:44:11 AM
#10
I personally use localbitcoins.com and have very good experience with this but some time I like to use btc-e also because its also very good for me with few good payment methods coinbase and xapo both never been good for me as both need ID verification for this buy and sell
I never used localbitcoins or coinbase for buy or sell my bitcoin. They have really awful rates for transactions.

I am a small trader most of the time I used to buy forum currency exchange section. There have many trusted exchangers and also you can use escrow if you are new and rate is very reasonable.

I used cex.io when I need to buy bitcoin using my card and rate is preev rate. I don't recommended to use cex.io because I hear some horror story but nothing happened recently.
sr. member
Activity: 252
Merit: 250
June 10, 2016, 11:49:40 AM
#9
I personally use localbitcoins.com and have very good experience with this but some time I like to use btc-e also because its also very good for me with few good payment methods coinbase and xapo both never been good for me as both need ID verification for this buy and sell
sr. member
Activity: 348
Merit: 250
June 10, 2016, 11:45:23 AM
#8
You could register at bitstamp, but you have to give it KYC documents. Alternatively you could register at the Kraken and supply less information if you only want to do small buys. The kraken lets you do small wire transfers if you provide your address.

This is its KYC system

https://support.kraken.com/hc/en-us/articles/201352206-What-are-the-Verification-Tiers-

Be careful with using btc-e from uk bank accounts. I've heard of people haveing their bank accounts closed and I also think btc-e is technically illegal to use in the uk because it doesn't comply with aml laws and other such rules. Are you just wanting to buy bitcoins?

Finally, you can buy through paypal using virwox, but the fees are high. This link explains the process.

https://www.deepdotweb.com/buy-bitcoins-with-paypal-credit-cards/
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
June 10, 2016, 11:23:14 AM
#7
If you are afraid toe buy bitcoin in coinbase or localbitcoin there's an other way to buy bitcoins you can try perfect money buy funds in perfect money and you can convert it easy into business partner of perfect money that you can find here https://perfectmoney.is/business-partners.html
just choose high trusted score so that you are far in scammers..
legendary
Activity: 2940
Merit: 1865
June 10, 2016, 11:13:37 AM
#6
If I cared about privacy I would not use coinbase.

Unfortunately if you really really care about privacy, there's nothing you can do beyond meeting IRL with a local trader, everything else is not really anonymous cause it goes outside of the BTC ecosystem (banks involved)

But if you are going to buy a small amount, then don't over think about it. No one really cares that you buy 1 BTC or something.


Yes, if you want to buy pretty anonymously, use localbitcoins, although where I live there are not very many reliable sellers.  Which is really too bad.  Maybe localbitcoins will get more participants as time goes by.

I can buy from a BTC ATM, but the premium has risen to a very high 14% over "spot", which is now just too high for me.

I also buy from circle.com, as they made it easy to sign up.  They use 2FA, and so far no problems.  My limit is a low $300 though.
hero member
Activity: 1498
Merit: 502
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June 10, 2016, 10:55:08 AM
#5
buy bitcoin from a trusted place/site/exchanger. and buy for cheaper price. local bitcoin is the most preferred place to buy bitcoin for me.
Even I didn't bought bitcoin ever, but if I need to buy I would buy from localbitcoin for sure. or I will buy from this forum's currency exchange section.
full member
Activity: 210
Merit: 100
June 10, 2016, 10:50:20 AM
#4

I've been trying to read about "safe" "secure" and "mainstream" (lots of people use it, proves it works) ways of buying bitcoin. 

What's your opinion Coinbase?  I mention this because I've heard lots of horror stories pop up, even recently regarding hiccups and accounts being wrongfully charged or wrongfully closed, enough for me to think twice.


What do most of you all use?  There's also https://localbitcoins.com but I rather not deal in such ways.

I don't know, any how, what methods do you guys use that you consider reliable? safe?  That you've found relatively "dependable" so to speak?


I've been wanting to mine for years, but waited too long, and then boom!  Now bitcoin has taken off to extreme levels, and we're on the brink of the halving.. thus I at least rather have some then none by now.

Thanks in advance!
Try to buy at Xapo, i used xapo to buy my bitcoin that im storing for upcomming bitcoin halving. Just dont try buying at coinbase many stories are popping out that they have issues in buying bitcoins at coinbase, better not to risk you money their
legendary
Activity: 2450
Merit: 1047
June 10, 2016, 10:44:10 AM
#3
I got mine from all my friends I do not trust coinbase I am not comfortable uploading all documents even if the site is trusted,it's much more better to buy in small amounts but to many people that you trust..
legendary
Activity: 1204
Merit: 1028
June 10, 2016, 10:27:31 AM
#2
If I cared about privacy I would not use coinbase.

Unfortunately if you really really care about privacy, there's nothing you can do beyond meeting IRL with a local trader, everything else is not really anonymous cause it goes outside of the BTC ecosystem (banks involved)

But if you are going to buy a small amount, then don't over think about it. No one really cares that you buy 1 BTC or something.
newbie
Activity: 49
Merit: 0
June 10, 2016, 10:25:52 AM
#1

I've been trying to read about "safe" "secure" and "mainstream" (lots of people use it, proves it works) ways of buying bitcoin. 

What's your opinion Coinbase?  I mention this because I've heard lots of horror stories pop up, even recently regarding hiccups and accounts being wrongfully charged or wrongfully closed, enough for me to think twice.


What do most of you all use?  There's also https://localbitcoins.com but I rather not deal in such ways.

I don't know, any how, what methods do you guys use that you consider reliable? safe?  That you've found relatively "dependable" so to speak?


I've been wanting to mine for years, but waited too long, and then boom!  Now bitcoin has taken off to extreme levels, and we're on the brink of the halving.. thus I at least rather have some then none by now.

Thanks in advance!
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