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Topic: What is the safest way to buy crypto? - page 5. (Read 6087 times)

sr. member
Activity: 1050
Merit: 250
November 18, 2019, 10:16:54 PM
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!
However you must understand the risks, nothing is really safe on the internet. Even popular global exchanges have a chance to be hacked, especially shit-exchange, so understand that as a risk. Moreover, there is no problem with KYC, as long as the exchange provides binding terms and conditions that will protect the security of your personal data, and that will be their responsibility.
exchange security or kyc will  be exchange's policy. They need customer personal data in order to record money flow if something wrong happen. For example if exchanges hacked ,they could track this fund run to which people and block address to avoid massive dumping . Personally i am comfort with this policy. It give me certainity and comfortable. Unfortunately many traders didn't understand about it.
sr. member
Activity: 1344
Merit: 253
November 18, 2019, 09:39:26 PM
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!
However you must understand the risks, nothing is really safe on the internet. Even popular global exchanges have a chance to be hacked, especially shit-exchange, so understand that as a risk. Moreover, there is no problem with KYC, as long as the exchange provides binding terms and conditions that will protect the security of your personal data, and that will be their responsibility.
right, we are the ones who have to be on guard against hacker attacks, because there are many cases where carelessness causes lost assets. besides that we must choose an exchange that is already trusted, so that there is a guarantee of the security of our assets on that exchange. for example, suppose the exchange is hacked, then the exchange dares to be responsible

sr. member
Activity: 980
Merit: 255
HALA MADRID
November 18, 2019, 08:35:34 PM
In this guide, we'll teach you how to buy cryptocurrencies in the safest and most popular way. If you decide to learn how to buy and sell cryptocurrency and you do not know where to start, you land in the right place.

You can read here https://tradingstrategyguides.com/how-to-buy-cryptocurrency/
full member
Activity: 630
Merit: 100
November 18, 2019, 05:19:42 PM
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!
However you must understand the risks, nothing is really safe on the internet. Even popular global exchanges have a chance to be hacked, especially shit-exchange, so understand that as a risk. Moreover, there is no problem with KYC, as long as the exchange provides binding terms and conditions that will protect the security of your personal data, and that will be their responsibility.
sr. member
Activity: 661
Merit: 251
November 18, 2019, 05:12:50 PM
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!

The best way used to be Luno for Africans until Binance came along. Binance is dubbed the most secured exchange and there rates are cheap. All you need is deposit fiat through your bank and buy crypto via Binance
copper member
Activity: 280
Merit: 5
November 18, 2019, 04:31:43 PM
There are good exchanges out there with good security and potential not to get hacked especially those that has been fir years now and still waxing strong, you can buy your cryptos there without issues.
sr. member
Activity: 1568
Merit: 283
November 18, 2019, 01:17:39 PM
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 visit Coinmarketcap and other exchange information provider sites, instant exchanges have many conveniences to be able to directly convert the funds you have, if you want your data to be safe, you can visit the DEX exchange and save the funds you have in your cold wallet
DEX IS A VERY GOOD WAY TO SECURE OUR CURRENCIES AND THIS IS WHAT MAJORTIYU OF US ought to have even been using until we found our self with all, these centralized exchanges that I don’t see them offering us anything other than collecting our information and exposing us to the world out there, because every information that I s being registered on them is fully showing to the government.

He might store his currencies in a dex exchange but when it is time for him or her to sell it, it may become quite difficult as we don’t have much users of dex and since there is not much users, there is also not going to be much volume to be able to execute the orders placed through all these dex exchange, but I hope that in the future, many of us will embrace this more.
jr. member
Activity: 352
Merit: 3
November 18, 2019, 10:58:17 AM
Buy crypto in person, then trade it for whatever you like on a DEX, and you'll be 100% anonymous. I'm personally using the Blocknet DEX, which doesn't need registration, KYC, or any other bullshit. I love it! Wink
sr. member
Activity: 1050
Merit: 250
November 18, 2019, 09:18:52 AM
I suggest you that only use only top exchanges. Buy the coin/token which you want to buy from any top exchange and send it to your wallet. I think it's safer to keep your coins in your wallet.
the top exchange is good for buying, but the fee is probably greater. I would suggest buying on the top exchanges in your country, because it's easier to pay because you can usually buy it with FIAT and the fees incurred will be smaller
we should not compared about trading fee or withdrawly fee. As trader that could earn money , fee only small amount for us if compared with our profits. Moreover if its exchanges give us maximum protection , i am sure its worthed for us. And using local exchnager give us easiest when we want withdraw using fiat, no more double transaction like exchange that come from abroad.
legendary
Activity: 1890
Merit: 1003
November 18, 2019, 09:07:22 AM
In my opinion, the safest way to buy cryptocurrencies in general and bitcoin in particular is to do face-to-face transactions with other people. Of course, this will not be convenient if you only need to buy a small amount.

Face to face buying is always good, but in many cases, we don't see any sellers for the fiat cash, in my local area nobody has any idea about the Bitcoin. Some time it is very tough for me to find the person selling the Bitcoin on face to face, that's why I am using some of the local exchange.
Localbitcoins has variable choices for peer to peer exchange but the safety comes first. I prefer to use the decentralized exchanges for converting my altcoins to major cryptocurrencies and the credit card supported exchanges are reliable for both fiat-crypto and crypto-fiat transactions. Sellers also have low rates for ask side and higher bid rated for buyers, the biggest disadvantages can cost up to 10% loss.
sr. member
Activity: 1148
Merit: 432
November 18, 2019, 06:42:10 AM
I suggest you that only use only top exchanges. Buy the coin/token which you want to buy from any top exchange and send it to your wallet. I think it's safer to keep your coins in your wallet.
the top exchange is good for buying, but the fee is probably greater. I would suggest buying on the top exchanges in your country, because it's easier to pay because you can usually buy it with FIAT and the fees incurred will be smaller
jr. member
Activity: 289
Merit: 3
November 18, 2019, 06:32:17 AM
Peer to peer is one of the safest way to buy cryptos
member
Activity: 910
Merit: 12
November 18, 2019, 05:20:14 AM
I suggest you that only use only top exchanges. Buy the coin/token which you want to buy from any top exchange and send it to your wallet. I think it's safer to keep your coins in your wallet.
member
Activity: 812
Merit: 11
November 18, 2019, 02:06:47 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!

If you don't want to do KYC or worry that the exchangers we use are hacked by hackers, I think transactions on DEX can be an alternative to buying crypto. But in my opinion, the security of the coins we have depends on us, if we do not carelessly click on suspicious links, I think our coins will remain safe
full member
Activity: 1134
Merit: 103
November 18, 2019, 01:49:05 AM
In my opinion, the safest way to buy cryptocurrencies in general and bitcoin in particular is to do face-to-face transactions with other people. Of course, this will not be convenient if you only need to buy a small amount.

Face to face buying is always good, but in many cases, we don't see any sellers for the fiat cash, in my local area nobody has any idea about the Bitcoin. Some time it is very tough for me to find the person selling the Bitcoin on face to face, that's why I am using some of the local exchange.
sr. member
Activity: 1568
Merit: 283
November 18, 2019, 01:09:11 AM
The best time to buy bitcoin or any altcoins is actually now that the hash rate is low, the altcoin season is gradually approaching, and you need to all take advantage of this time now to buy these coins if we are to have the maximum profit from them and they are still very cheap now which we don't have to wait until there is another FOMO for us to start buying because the next FOMO that is going to happen now is that of the altcoin season.

That usually do have very big effect on the value and you could see a lot of altcoins that have real working products jump up overnight before you could even get that chance to place your buy order or get it executed, so to avoid the rushing time, best we just peacefully buy coins like Litecoin now till the bull run is here.
full member
Activity: 438
Merit: 100
arcs-chain.com
November 17, 2019, 10:03:39 AM
In my opinion, the safest way to buy cryptocurrencies in general and bitcoin in particular is to do face-to-face transactions with other people. Of course, this will not be convenient if you only need to buy a small amount.
hero member
Activity: 1273
Merit: 507
November 17, 2019, 09:54:53 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!
Yes you can use non custodial wallets like changelly and shapeshift. Here in our country we can easily buy bitcoin because the local wallet in our country is partnered with convenience stores, like 7-11. Where in one tap you are given a barcode in app and you just go to the partnered store of the bitcoin wallet and there it pays, And you instantly receive the bitcoin in your app you . it is also trustworthy as it is credited by sec and our bank central.
newbie
Activity: 23
Merit: 0
November 17, 2019, 09:41:17 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 there' s no safe way to buy crypto, because whatever it is, hackers will find a way to take your property, if they want to. So i suggest you use some cold - hearted wallets like Exodus, the Ledger Nano S,....  Wink
jr. member
Activity: 102
Merit: 1
November 17, 2019, 01:01:10 AM
The safest way to by crypto is either on a good exchange or a good local legit escrow groups. Aside these aformationed I don't know any other good way of buying crypto. Maybe anyone can have one or two trusted means too
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