Topic: Trying to buy my first bitcoins! (Read 1073 times)
If theres a local exchanger in your country then you could able to use it , if none, try to find some bitcoins atm's if there none too then try to use localbitcoins or coinbase. There are really lots of ways to buy bitcoin though you could able to buy from other people too but its somehow risky.
Hey everyone. Sooo much info on this forum. I was wondering what would be the easiest way to turn 100USD cash money into bitcoins if i don't have a bank account? Could I use a site like circle.com with say, a visa prepaid debit card? Im intimidated but determined right now to breqk into the world of btc and would really appreciate a point in the right direction. Thanks for reading!
Mainly I Buy Bitcoins From Localbitcoins.com From My Bank Account....But If You Want To Buy Bitcoins With a Visa Debit Card Then I Highly Recommend You to Use the Below Two Sites:-
1) Coinbase.com
2) Coinmama.com
you can search your neighbourhood or friends who sue bitcoin.you can persuade to sell bitcoin. Its better to buy them from a reputed site instead of buying from a local person.you can also search for any bitcoin ATM around you.
just go on an exchange and then create the wallet and thats it, buy your bitcoins and transfer it to the wallet
Circle.com is usually great to buy bitcoin, but do require a verification I believe. In the same line, you can also just buy it from Coinbase and bistamp after confirming your identity.
If you wish to buy it off instantly, then Localbitcoins is your best bet, provided you can do a bank transfer. You should also be able to find a seller based in your local country or locality to do cash transactions.
If you wish to buy it off instantly, then Localbitcoins is your best bet, provided you can do a bank transfer. You should also be able to find a seller based in your local country or locality to do cash transactions.
Circle / Coinbase and all these centralized services are great to use, if you want the world to know that you spending your Bitcoins on
say, DonkeyPorn69.fuk.au -- They have to adhere to the KYC/AML regulations and link your personal details to all your coins, and they
have nice logs with all the transactions you made. So, once you bought these coins, they are effectively being tracked, by two things :
The Blockchain {which is normal} and these services. I would send them through a mixer to another wallet, and then spend from that
wallet, if you going to take that route.
I have created an account on some internet wallet, it called Qiwi. So I just transfer some money there from my debet card and from there on Yobit exchanger where I buy bitcoins. That method seems long, but it is actually very easy. I suggest you to try something like this with some little money to feel more or less saved.
With the existence of lots of trading as well bitcoin exchange websites, buying bitcoin has become much easier. When buying for the first time one can try with localbitcoins as it has got the acceptance of payment through different sources other than banking.
Thank you all for your responses, I would probably be down to get them on this site. How do i do that?
I see that some of you suggested using bitcoin ATM - so here is my question - have you really used this machine yourself?
Or you just saying that because you think it is good way to buy BTC? From what I heard about BTMs, it is not exactly the most optimal/friendly way to buy BTC.
So I am looking for someone with actual experience to confirm/deny it.
Or you just saying that because you think it is good way to buy BTC? From what I heard about BTMs, it is not exactly the most optimal/friendly way to buy BTC.
So I am looking for someone with actual experience to confirm/deny it.
Hey everyone. Sooo much info on this forum. I was wondering what would be the easiest way to turn 100USD cash money into bitcoins if i don't have a bank account? Could I use a site like circle.com with say, a visa prepaid debit card? Im intimidated but determined right now to breqk into the world of btc and would really appreciate a point in the right direction. Thanks for reading!
The easiest and the best way would be buying from this forum, where you can buy from the most trusted traders and also you can use escrow if you don't feel safe, i don't think you can get better options than this forum for that, but still if you don't want to do it here you should try localbitcoins.com for your trade, that is also nice.
I can not tell about which exchange works best for your country because in my country i use btcxindia exchange but for another exchange which is expected worldwide localbitcoins will be the best place for that i recommend you to try localbitcoins to buy your first bitcoin.
Good luck to you
Good luck to you
Circle.com is usually great to buy bitcoin, but do require a verification I believe.
I think it's just email verification + personal info, but they don't ask for scans of id etc. So Circle is probably the best and fastest option
Hey everyone. Sooo much info on this forum. I was wondering what would be the easiest way to turn 100USD cash money into bitcoins if i don't have a bank account? Could I use a site like circle.com with say, a visa prepaid debit card? Im intimidated but determined right now to breqk into the world of btc and would really appreciate a point in the right direction. Thanks for reading!
Could use circle, you could also opt to use something like localbitcoins to go and get some Bitcoin for cash in whatever city you live in. It depends on whether or not you live in a place with a high volume of local Bitcoin trading, but I think that chances are you'd be able to do something like that relatively easily. Just make sure to meet in a public place.
Yes you could buy bitcoin in that amount. You may want to find a legit investment site to further grow your bitcoins. Be careful though to invest since there are lots of investment sites that were just a scam. Then join a signature campaign to further increase your saved bitcoins.
If you do use localbitcoins, be sure to find a trader who has a high volume, high positive feedback rating, as in 100% positive with 1K+ trades. And make sure to read the reviews to get an idea of the person you might be dealing with. This will reduce your chances of getting scammed.
Yes I buy it from localbitcoins and I follow the same procedure and after buying on regular basis now I have one personal trader and I prefer to trade with him as I am sure that he will never scam me.
If you do use localbitcoins, be sure to find a trader who has a high volume, high positive feedback rating, as in 100% positive with 1K+ trades. And make sure to read the reviews to get an idea of the person you might be dealing with. This will reduce your chances of getting scammed.
When I buy my first bitcoin, I used my local wallet. Well it is very convinient and fast unlike before. My first bitcoin came a faucet. I get my earnings in a game that pays bitcoin.
The easiest way is to look for Bitcoin ATM in your place. If none, you can join on Facebook group Bitcoin community related with your country, u can find and meet people who are selling bitcoin there.
+1 to localbitcoins. Helped me buy my first set of bitcoins with ease. I also know the trader personally now and carry out many deals when I want to.
Circle.com is usually great to buy bitcoin, but do require a verification I believe. In the same line, you can also just buy it from Coinbase and bistamp after confirming your identity.
If you wish to buy it off instantly, then Localbitcoins is your best bet, provided you can do a bank transfer. You should also be able to find a seller based in your local country or locality to do cash transactions.
If you wish to buy it off instantly, then Localbitcoins is your best bet, provided you can do a bank transfer. You should also be able to find a seller based in your local country or locality to do cash transactions.
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