I prefer to buy my BTC via CoinMama, I am really upset with Coinbase, I accidently clicked my expired Debit card linked to my Coinbase instead of my updated card. Due to the mistake they charge me almost $165.. I never received any Bitcoin out of it and I called them as soon as I had made the mistake... They said do to blockchain technology you cannot cancel a payment. Which I understand that, But I did not buy any coins I accidently used the wrong card. All I needed from them was to cancel one debit card an use another. Needless to say my coinbase is still -$65... I am slowly paying it off but I do not agree with it. But yes as far as buying bitcoin with a debit card coinmama.com is a good place.
As far as selling Bitcoin goes I usually just sell for paypal. I usually do all my sales here in the Currency exchange threads. I understand paypal can be quite risky. But I only deal with well trusted users. As far as on bitcointalk I have had absolutely no chargebacks as of yet!!! (Knock on wood) But I also do my own research before selling to any user. I check the users trust ratings as well as who left which trust ratings, Then I check those users trust ratings as well!
Topic: The most popular payment methods to buy Bitcoin in 2019 - page 2. (Read 2521 times)
I simply do not use any of the method mentioned above to buy Bitcoins. Buying and selling Bitcoin is most easy and secure on any P2P exchange for me. Localbitcoins is the most trusted P2P exchange for me to buy and sell Bitcoins. It provides me the facility of buy on sellers price or place my own bid to buy Bitcoins and vice- versa for selling BTC. It also provides with the trust ranking of all the users there to chose from and also payment is instant. I believe P2P exchanges are the most easiest way to buy and sell BTC currently.
I understand your point. However, I believe that PayPal (as listed no 1 in the post) is one of the most adopted way of buying BTC
Such a long list, and I only knew a handful of them. Im not sure, but Paypal is very familiar around the world. I worked in a BPO company before, under Paypal account and that was way before crypto currency became this popular. Common concerns was the shipping issue that needs to be escalated lol. Im just wondering if Paypal CSR's handles crypto currency related concern nowadays.
Im registered in my local crypto wallet for almost 3 years now and done KYC. Im fine with it even though theres a particular level from your account, and each of them have restrictions on withdrawals and deposits. I havent gone too far than declaring my small business, because they were asking for it to increase my withdrawal limit.
I prefer choose to buy directly through a local crypto exchange that can deposit with a local bank.
That's probably what most people should be doing, but you have to go through the KYC procedures to link a bank account on a crypto exchange. Doing deals here at least provides a little anonymity, and that's important.Im registered in my local crypto wallet for almost 3 years now and done KYC. Im fine with it even though theres a particular level from your account, and each of them have restrictions on withdrawals and deposits. I havent gone too far than declaring my small business, because they were asking for it to increase my withdrawal limit.
I went out on a limb giving OP some merits for his post, and I'm hoping none of it is copy/pasted. It's a damn good list, and it's one that I find important. I don't think the average newcomer to bitcoin knows exactly how to buy it, so a summary like this is pretty useful.
I've always used PayPal to buy bitcoin on the forum, but it always requires my counterparty to trust that I'm not going to screw them over with a chargeback. It took a long time here before I earned enough trust to be able to consistently do PayPal deals and it's not something newbies can do--same thing with any reversible payment method. There have been innumerable scams using PP or similar payment methods, and a newbie might even get tagged for proposing to buy bitcoin with it.
I've always used PayPal to buy bitcoin on the forum, but it always requires my counterparty to trust that I'm not going to screw them over with a chargeback. It took a long time here before I earned enough trust to be able to consistently do PayPal deals and it's not something newbies can do--same thing with any reversible payment method. There have been innumerable scams using PP or similar payment methods, and a newbie might even get tagged for proposing to buy bitcoin with it.
Of all the most popular platforms you list, I only use the Paypal platform as it is very popular in the MMO field. However, with other platforms, I have never heard of it before.
I've heard of most of them but haven't ever used them. I think a lot of those payment methods are popular in certain countries, not including my own. PayPal is pretty much king in the US. That doesn't make it safe for bitcoin deals, though.I prefer choose to buy directly through a local crypto exchange that can deposit with a local bank.
That's probably what most people should be doing, but you have to go through the KYC procedures to link a bank account on a crypto exchange. Doing deals here at least provides a little anonymity, and that's important.
I prefer choose to buy directly through a local crypto exchange that can deposit with a local bank. Because the price of coins through this service can be more expensive up to 10 to 20 percent compared to direct purchases on the market exchange. and there are also special fees for these service providers.
Of all the most popular platforms you list, I only use the Paypal platform as it is very popular in the MMO field. However, with other platforms, I have never heard of it before. My online activities always use Ethereum as a currency for exchange. For each different user, they choose different Altcoins to select as payment currency.
I am wondering what is this information based on. PayPal, WeChat, Neteller, Skrill are no surprise, but some other services were unexpected. Not to mention that localbitcoins did not make it to the list... Like some others, I've never used any payment method from the list. If I want to buy/sell BTC, I use a local online exchange with direct transfers between bitcoin addresses and bank accounts. It requires no KYC, it's easy to use, and there's a useful website in case of my country that evaluates the exchanges based on customer reviews in real-time. As for some of the most popular payment methods according to this list, they are mainly unavailable or have limited functionality in my country anyway.
Does your bank happy with the wire transfers coming from bitcoin exchanges?You can read several times here on the forum that the bank account was suspended/restricted/etc... because of incoming fiat wire transfers associated with bitcoin.
If it's fully legal and accepted in your country, you're lucky
I am wondering what is this information based on. PayPal, WeChat, Neteller, Skrill are no surprise, but some other services were unexpected. Not to mention that localbitcoins did not make it to the list... Like some others, I've never used any payment method from the list. If I want to buy/sell BTC, I use a local online exchange with direct transfers between bitcoin addresses and bank accounts. It requires no KYC, it's easy to use, and there's a useful website in case of my country that evaluates the exchanges based on customer reviews in real-time. As for some of the most popular payment methods according to this list, they are mainly unavailable or have limited functionality in my country anyway.
Thanks for share information ragarding payment method to keep confidential identity.
When it comes to buying bitcoin i really don't like to use any of the above listed payment methods or any payment method that involves directly or indirectly submitting my personal details, bitcoin for me is all about anonymity and completely keeping you safe and hidden, and using my bank account with my real details and giving them it to them so they can sell them and use them for their liking is not something i am not comfortable with, not to mention that the price is way off and the fees are very high, that is why the best for me is hand to hand p2p exchange which is by far the best and the safest way to do it with no fees.
I simply do not use any of the method mentioned above to buy Bitcoins. Buying and selling Bitcoin is most easy and secure on any P2P exchange for me. Localbitcoins is the most trusted P2P exchange for me to buy and sell Bitcoins. It provides me the facility of buy on sellers price or place my own bid to buy Bitcoins and vice- versa for selling BTC. It also provides with the trust ranking of all the users there to chose from and also payment is instant. I believe P2P exchanges are the most easiest way to buy and sell BTC currently.
Myself too use localbitcoins. This gives the perfect access, and the ease of payment. Here we can sell or buy from the trusted traders based on our own, because different traders buy and sell with different profit margins. Also it is one among the five service renders who have got everything legalized and has fulfilled each and every norms related to the business.
Now there are a huge number of ways to buy bitcoin, you can choose the way that suits you the most
Many platforms offering payment solutions are now also offering their customers the opportunity to buy Bitcoin and why not when in fact they should be viewing Bitcoin as a product and not just a disrupting platform that can displace them eventually. One thing for sure is that Bitcoin will not actually kill organizations like PayPal and the likes but will even enhance their business. While Bitcoin is supposed to be a P2P payment network, we now realized that it can actually be cumbersome when you are dealing with someone you do not meet personally and have no previous linkages with so much so that people would rather trust well-known platforms as the intermediaries in buying Bitcoin.
I did not expect too many payment methods for BTC. However, I regularly use P2P trading on a number of secure, insured platforms where I live. Besides, I buy at the store of those who own BTC with a very small cost.
Paytm should never be used to to trade in Bitcoins. It can be easily cheated with fake ID cards and people have been hacked because of selling their BTC for Paytm cash.
Skrill and Neteller allow to deposit BTC which is a safer option rather than buying it on your website.
Better buying ETH/any other crypto selling fiat for that crypto.
Skrill and Neteller allow to deposit BTC which is a safer option rather than buying it on your website.
Better buying ETH/any other crypto selling fiat for that crypto.
the OP list is big, and you can see there some good companies like paypal and alipay who are now accepting bitcoin and a way to buy bitcoin. We need more good companies, and I hope they will adopt too.
i have never used alipay but i heard of it . i only use paypal before but i dont see that they support bitcoins and i think they will never do that because they are both payment procesors and they are rivals .
in every business there are rivals if their purpose are the same and its rare to see them collaborating . the op list are all familiar to me but like what i said earlier , i dont think that all of them are accepting bitcoin . those who accept bitcoin are not even listed on his list .
You have a good list mate but honestly, I didn’t experience to buy bitcoin on all the things you’ve mentioned. Coins.ph is very popular here in my place and maybe you can also include this platform, its great and very easy to buy bitcoin. So many ways for newbies to buy bitcoin, i hope they see those platforms.
Coins.ph is a great suggestion. However, only as your first step into the world of cryptocurrency. For example, did you know that on vertex.market, once you have registered, you can create a sell offer for any cryptocurrency of your choosing with a custom premium or margin? You can buy Bitcoin and sell it on vertex.market for 10% profit (for example), no matter the market price volatility, vertex will automatically correct your selling price
I don't use any of your lists to buy bitcoin.
When I want to buy bitcoin, I ask my friend or deposit my fiat into the local exchange, and then I will place an order buy.
That is so simple to me, and I don't have any problem so far.
But before I used localbitcoin in the past but after I found some local sellers in my city, I always contact them first to buy bitcoin.
That is the safest way for me, and I don't have to do anything, just send the money to them, they will calculate how much bitcoin we can get plus we need to pay the fee.
That will be the same if I want to use my local exchange to buy bitcoin.
When I want to buy bitcoin, I ask my friend or deposit my fiat into the local exchange, and then I will place an order buy.
That is so simple to me, and I don't have any problem so far.
But before I used localbitcoin in the past but after I found some local sellers in my city, I always contact them first to buy bitcoin.
That is the safest way for me, and I don't have to do anything, just send the money to them, they will calculate how much bitcoin we can get plus we need to pay the fee.
That will be the same if I want to use my local exchange to buy bitcoin.
None of you mentioned are not my way to buy Bitcoin. Here in my country I only bought Bitcoin at the legit exchange in which
are listed at the coinmarketcap such as Kucoin, Okex, Idax, Digifinex and Bitforex. But We have 711 convenient stores accepting us to buy bitcoin through coins.ph
are listed at the coinmarketcap such as Kucoin, Okex, Idax, Digifinex and Bitforex. But We have 711 convenient stores accepting us to buy bitcoin through coins.ph
Didn't know about your website until now, just got interested in it because ranking was done according to that but I would make one modification, you have to change title "the most popular payment methods to buy bitcoin in 2019", this isn't correct because statistics is according to your website. Otherwise I have never seen Yandex Money, Apple Pay and almost 90% of your listed methods to be even a little bit popular.
Also still hard to understand what you mean in popular methods because buying bitcoin with paypal is associated with some risks, logically such payment method can't be popular.
Also still hard to understand what you mean in popular methods because buying bitcoin with paypal is associated with some risks, logically such payment method can't be popular.
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