Starting with Bitcoin - page 2. | Bitcointalksearch.org

thinkpad99

sr. member

Activity: 654

Merit: 250

Quote from: SrEasts on November 15, 2017, 04:34:36 AM

Hello everyone!

I'm new here, and i'm also new to buying/trading cryptocurrencies in general. For now i need help with a couple questions.

1 - Where should i acquire Bitcoin?

2 - Best way to store it? which wallet should i use?

3 - Which exchange should i use for trading? ( if possible list more than one and explain their advantages/disadvantages)

Thanks

Many useful information can be found on Youtube. There are also many interesting books, but I think it is only at a later stage of the bitcoin adventure. Remember not to give up too quickly.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: SrEasts on November 15, 2017, 09:45:19 AM

diference between coinbase and kraken?

The limits, fees, accepted payment methods, restricted countries etc. also, add Bitstamp to the list. I suggest checking them out and see what fits you more.

SrEasts

member

Activity: 112

Merit: 12

Aida Service

Quote from: OmegaStarScream on November 15, 2017, 05:50:25 AM

1. Where to buy it you mean? Coinbase, Kraken or just from individuals on the forums.
2. If you're holding small amounts and you're using bitcoins on a daily basis, go with Electrum otherwise invest into a hardware wallet.
3. Trading it for what? Altcoins? then you have Bittrex, Poloniex, Hitbtc and a few others, as for USD or fiat in general then websites I gave above should do the trick.

diference between coinbase and kraken?

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Next time, try Google-ing your questions or at least use the forum's search function before asking questions.

1. It depends on what country you're in. try out https://localbitcoins.com
2. A hardware wallet. Preferably, Trezor or Ledger Nano S- [General] Bitcoin Wallets - Which, what, why?
3. I personally prefer Binance due to it's large selection of coins and due to it's low trading fee (0.1%).

OmegaStarScream

staff

Activity: 3500

Merit: 6152

1. Where to buy it you mean? Coinbase, Kraken or just from individuals on the forums.
2. If you're holding small amounts and you're using bitcoins on a daily basis, go with Electrum otherwise invest into a hardware wallet.
3. Trading it for what? Altcoins? then you have Bittrex, Poloniex, Hitbtc and a few others, as for USD or fiat in general then websites I gave above should do the trick.

Rodrigo Santos

member

Activity: 77

Merit: 10

Hello SrEasts,

1 - You’ll need to find a Bitcoin exchange that accepts your preferred payment method. Different payment methods also incur varying fees. Credit card purchases, for example, are often charged a fee of 3-10%, while most deposits with bank transfers are free. More information about fees can be found on each exchange’s website.

2 - You can find a wallet guide in this post: https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151

3 - Check out this list of major bitcoin exchanges/wallets around the world, and the payment options they allow: https://en.bitcoin.it/wiki/Trading_bitcoins
In my opinion, two of the best exchanges are Kraken and Xapo.

SrEasts

member

Activity: 112

Merit: 12

Aida Service

Hello everyone!

I'm new here, and i'm also new to buying/trading cryptocurrencies in general. For now i need help with a couple questions.

1 - Where should i acquire Bitcoin?

2 - Best way to store it? which wallet should i use?

3 - Which exchange should i use for trading? ( if possible list more than one and explain their advantages/disadvantages)

Thanks

Topic: Starting with Bitcoin - page 2. (Read 713 times)