Topic: The best way for newbies to buy bitcoin or ethereum (Read 1945 times)
I also, like the colleagues above, advise you to register on the bittrex exchange
The best way to buy or ethereum Bitcoin is cash through middlemen! This is a costly but secure way!
I am buying and selling bitcoin via Localbitcoin.com and this is the best way for buy bitcoin because all worldwide peoples can use this platform also they get sellers rating and feedback so their is no problem in deal also we can compare different sellers price. we need to do National bank transfer and then deal completed, first we need to verify on localbitcoin, via driving licence or ID.
INVEST, TRADE AND HOLD this is what I do to earn bitcoin oe ether because it's the only way I know how to earn a bitcoin because it's the way I get to bitcoin and earn something..you can have both..
Coinbase is fine, but the limit if you just want to use your credit/debit card is so low..... to just sign up and buy...
Localbitcoins---> Just forget it, Best case scenario, you have to go make a cash deposit into someones bank account and upload a deposit slip with a paragraph written on it, all for about 7% markup.....
- Then withdrawal those coins for another fee,
I seriously suggest Coinmama.... You signup, get verified in like 30 minutes if its during business hours, and you can buy with your debit or credit card like up to $10,000/month, and the fee is just 5%..... (which is high, and I wouldn't recommend if you literally were buying $10,000.... but for a small amount, fuck LBC or Pax, Coinbase is good, prob the best, (its just the limits in the beginning is a small issue)...
So I say Coinmama....
Localbitcoins---> Just forget it, Best case scenario, you have to go make a cash deposit into someones bank account and upload a deposit slip with a paragraph written on it, all for about 7% markup.....
- Then withdrawal those coins for another fee,
I seriously suggest Coinmama.... You signup, get verified in like 30 minutes if its during business hours, and you can buy with your debit or credit card like up to $10,000/month, and the fee is just 5%..... (which is high, and I wouldn't recommend if you literally were buying $10,000.... but for a small amount, fuck LBC or Pax, Coinbase is good, prob the best, (its just the limits in the beginning is a small issue)...
So I say Coinmama....
I think, that the best option is Localbitcoins, but there you can buy only Bitcoin.
I think for newbie it seems the most secure and comfortable you should buy bitcoin because only bitcoin can provide a very definite advantage.
Both are and crptocurrency as a whole is extremely volatile.
As a noob you are likely to lose the shirt off you back and have your skin flayed.
It can be a fast path to quick riches but given that 85% of traders don't make this trading thing work. There is an extremely high probability that you will fail and fail fast.
Good luck
As a noob you are likely to lose the shirt off you back and have your skin flayed.
It can be a fast path to quick riches but given that 85% of traders don't make this trading thing work. There is an extremely high probability that you will fail and fail fast.
Good luck
For a complete Newbie I'd have to say stick with Coinbase, when any of my friends ask about buying them I point them in that direction. It's an easy entry point and the app is pretty easy to get up and running, once they'er familiar you can then look into other options like LocalBitcoins/Coinfloor
You have a coinbase account !! so, you can buy Bitcoin and Ethereum easily. For the newbie he can use the exchanges but he must be careful because he don't have experience for that and he don't fall victim to scammers.
My advice for newbie is : the best source for learn is your experience.
My advice for newbie is : the best source for learn is your experience.
Well for me to say, I would recommend to a newbie like you between those crypto currencies whether Bitcoin or Ethereum, you better choose Bitcoin. Bitcoin is a much easier to use currency than to the other for me. But I am not saying that you stay away from Ethereum. Thy are both good currencies but it just happen that I preferred much Bitcoin.
The best way for newbies to buy bitcoin or ethereum is patience. You must stay strong and be optimistic everytime
CEX.IO lets you use your credit card to purchase crypto. They charge like 3 per cent or something, but their prices are a tad high.
Both coins are good. But if i will choose one, i will go witj bitcoin. I choose bitcoin because everything in this cryptocurrency world starts in bitcoin. Every people here were hooked up about bitcoin. Most of use entered here with small amount of knowlege about bitcoin. Thats the reason most of us preferred bitcoin. Bitcoin as of now is most well known coin here in cryptocurrency. But it is always depend on what you choose. Everybody's opinion was very helpful so make a research first.
You have to an account on an exchange. Using an exchange based in your own country is most convenient as it saves time to transfer and withdraw money.
Please buy some on the exchanges or black market and store in the cold wallet
Localbitcoins, I think.
I buy both eth and btc from time to time and I've used numerous services for that aim. So far I stick to https://cryptonex.org platform.
There you can pay with your Visa or MasterCard in any currency; exchange for USD or EUR is made at your bank rate.
I like that it's very easy and safe to make purchases there and the fees are not that high, you know.
There you can pay with your Visa or MasterCard in any currency; exchange for USD or EUR is made at your bank rate.
I like that it's very easy and safe to make purchases there and the fees are not that high, you know.
Since I've been using both for a while now, please stay away from Ethereum because their process is more complicated. In Bitcoin, as long as you have the coinbase, you are good to go.
As much as possible, stay away from Ethereum and go for Bitcoin instead because the process is simpler plus the transactions happen every now and then that can guarantee your profit.
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