What is the safest way to buy crypto?

Best Dreams

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Quote from: bhalwalbhalwal on January 30, 2020, 08:24:46 AM

Buying crypto is simple and easy to do wit Coinbase.

Coinbase is safe and the worlds largest safe way.

Yes, this is a good and easy way to buy crypto and to use it you will have to learn how to use it. Safely investing is really so challenging as you will face so many people of different kinds of thinking. First of all, you should make research and find a safe web site for buying it. There are so many scamming projects better avoid them and search for the best one.

#Darren

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Just purchase crypto through Binance or Coinbase. You can buy every single coin that is listed on Coinbase with credit card or wire transfer. In my opinion it is the fastest and the most secured way of buying crypto.

Endikadija

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I think Decentralized Exchange most Secure and Safe. looking forward to investing in crypto is the best but some issues lay down. I think Binance performs well with a valuable knock for its community.

It's secure and safe as long as it will not the same as binance dex which can be considered as centralized exchange site. Binance is also performing very well but again it's a centralized exchange site and it has a very big risk compared with decentralized exchange site. The problem if dex has no liquidity

restuibu

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Most exchanges will ask you to do KYC with the aim that your assets are safe. but if you don't want to do that then you can go to some exchanges that don't need KYC like mercatox. buy bitcoin there then transfer it to your personal wallet

Sendi blackspade team

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Quote from: d3nz on January 30, 2020, 09:48:21 AM

I don't know and never tried localbitcoin but some are suggesting this website and actually I only bought my bitcoin through my local exchange since I think its much safer and less hassle and can be transfer on my bank account faster and no fees at all. It will depend on which exchange you think is safer for you.

some countries do have exchanges that provide support for buying and selling transactions using their own country's fiat. so it makes it easier for us to buy or sell the bitcoin that we have. like you, I also get bitcoin from buying on exchanges in my country and make it easy because we can buy with fiat which we transfer directly to the exchange.

alexsandria

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Quote from: d3nz on January 30, 2020, 09:48:21 AM

I don't know and never tried localbitcoin but some are suggesting this website and actually I only bought my bitcoin through my local exchange since I think its much safer and less hassle and can be transfer on my bank account faster and no fees at all. It will depend on which exchange you think is safer for you.

Actually I am not trying to use localbitcoin or local cryptocurrency because I believe that the safest crypto are those coins or tokens that are in the top 5 on the current coinmarketcap and it is kind of sure that this is more safer and wr can avoid those coins that are shit coins or trash coins because those coins that are in the coin marketcap already provent that all of them are legit and not shitcoins.
There are still good local cryptocurrency that had good exchangers but I didn't know if it is really good because I also never tried to do it. Just a sayings from my friends that those are also good.

d3nz

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I don't know and never tried localbitcoin but some are suggesting this website and actually I only bought my bitcoin through my local exchange since I think its much safer and less hassle and can be transfer on my bank account faster and no fees at all. It will depend on which exchange you think is safer for you.

Sebas.tian

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Talking of the safest way to buy cryptocurrency to me is; buying from remittano in my case or bu y from Binance. Most of my buy cryptocurrency are from remittano because of their ease of transaction with sellers around the world. Many a times, I do buy during the weekend and store for future purpose, that was then. Also, Binance is another legitimate cryptocurrency exchange and well trusted by many, so, it asfe and secure.

sheamus10

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Quote from: btc_love on August 28, 2019, 08:17:25 AM

Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!

I suggest you try to invest in local exchanges in your country, but in my opinion if you are still confused maybe Binance could be one of the right choice. because there have been many people who transact so I guarantee your assets are safe.

Handsome Boy

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Quote from: btc_love on August 28, 2019, 08:17:25 AM

Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!

You can buy it at binance exchange, because binance exchange is the biggest exchange for now and of course it's safe, so you don't need to worry if you buy cryptocurrency on binance exchange, because many people have used binance exchange to buy and trading cryptocurrency (including myself).

RapidsNetwork

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I found that coinbase and coinbase pro has worked well for me. I've used others like binance, bitfinex, crex24, bittrex,stex, and a few other main ones.
I feel secure using coinbase. Fees are high on coinbase but it's a start for anyone new to crypto. Beat way to do it is, deposit money into coinbase and then transfer it to coinbase pro to trade/buy coins and go from there. Fees are much lower in coinbase pro.
As well I havent heard or seen any types of threats or hacks on coinbase.

bhalwalbhalwal

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Buying crypto is simple and easy to do wit Coinbase.

Coinbase is safe and the worlds largest safe way.

BuNga_cute

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Everyone would want to avoid hackers and scammers in purchasing crypto.Then from that it is very important for us to always be careful
in choosing where to trade crypto.In my opinion the safest place to buy crypto is that large exchanges has popularity and trustworthiness.
Because large exchanges that are already trusted usually have sophisticated security systems, so we can calmly conduct transactions,
without fear of losing our money from hackers. And if you don't want our personal data misused, then select exchanges that also do not
require users to KYC procedures.

mrBTCman

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There will always be some risk, but you can reduce it by selecting a reliable bitcoin exchange and a safe cold (offline) wallet. I can recommend you cex or https://cexbro.com/ depending on your trading skills and aims. Therese platforms have never been hacked.

iram3130

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Highly depends on which country you are living in. There are many countries where there you need to provide little to none of your personal details to buy crypto but there are many where you should do KYC in order to not get scammed by a random seller. Personally I dont feel any obligation to provide KYC if the exchange is secure enough and is the best option in your country.

Sanugarid

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Quote from: Asuspawer09 on January 23, 2020, 07:59:45 PM

Quote from: btc_love on August 28, 2019, 08:17:25 AM

Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!

I think investing in cryptocurrency is safe as it is in your trusted cryptocurrency wallet or exchanger. I think I could recommend you Coinbases for your investment using the coinbase mobile application you could easily buy this cryptocurrency for your investment and in my experience, I don't get any problem when it comes to security in coinbase.

Having a long term investment in an exchanger is not recommended because a lot of exchangers could stop their operation because they are bankrupt and you are going to lose your investment their if you are not aware. But for sure you could easily try a popular exchanger like Binance for your investment the support is great so I think it's safe as long as you have a different layer of security in your account.

There are lots of exchangers wherein you can buy bitcoin and any other cryptocurrency but before buying you should do a background check to every exchange you chose and see if there are some reports that other buyers have experienced scams when they bought or they lose their money when they deposit. Hackers and scammers are out there so if you don't be aware of every decision or step you make, you can totally lose your money. Knowledge is important for you to enter investing because you can't just invest without studying every information in a particular project.

nannu968

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When I want to buy a coin,
First of all I go to the "Coin Market Capitalization" website.
I find the expected coin there, You will find all information of a coin in Coinmarketcap website,
I focused on when the coin was launched, when it was launched at a market, how many exchange are supported that coin, how much volumes were traded on a market etc.
After looking all the details, I choose the exchange market to buy that coin.

FairUser

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Just go to the top exchanges in this market and buy it, you can choose the top exchanges in this market like Binance, Huobi, Okex, Kucoin .. these are the most reputable exchanges in the market. The school and they have hundreds of different altcoins to choose from. Never buy cryptocurrency via telegram or twitter ... there are many scammer and if you try to try them then you will definitely lose money and not receive anything

Prateek_sharma

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Peer to peer is one of the safest way to buy cryptocurrency

alan2here

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Always it's advisable to use top exchanges to trade cryptocurrencies as much as possible like Binance, OKex would be my top pick. Binance is also offering to buy the cryptos using fiat in several ways. There was hack on the Binance before but they compensated the affected users. I don't hear any such hacks for Okex but both are equally good.

I prefer to use Okex because this exchange has many tools for account security and until now, Okex has not had any attacks yet. I have been using Okex for the past 2 years and often use fiat to buy crypto so this is the best option for you. In addition, many tools are very good support when you trade here so if you have good knowledge, you absolutely can make a profit.

Beside, you can choose Coinbase because this wallet has support for investors to buy crypto with fiat and I have tried several times and everything happened very quickly.

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