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Topic: What is the safest way to buy crypto? - page 7. (Read 6087 times)

sr. member
Activity: 630
Merit: 265
November 10, 2019, 04:38:22 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!
It is really difficult nowadays to trust sites because most of them are scams. You could buy or purchase bitcoin safely in Binance exchange because binance is considered the biggest cryptocurrencies exchange in the world in terms of trading volume, that is why it could be trusted and would never sell your personal data.
full member
Activity: 1008
Merit: 101
November 10, 2019, 02:43:32 AM
Hello. I feel that trading cryptocurrencies properly and transparently is one of the good ways to ensure that cryptocurrencies are safe. Please regularly check your cryptocurrency information offline. good luck.
That’s right we should keep our eyes on the market and on our coin all the time so we will remain safe though. We can use trading to increase our number of the coin if we will trade and store coins for long so it will give us a profit and ways to get more coins. You should use only safe sites to get bitcoins as it’s important to remain careful about scamming projects with fake promises.                                      
full member
Activity: 826
Merit: 104
November 09, 2019, 12:44:56 PM
in my opinion,i think safest way to buy crypto is binance and top ranked exchange..you can check the rank in CMC abnd then you can buy crypto using your prefer exchange.thank you Smiley
hero member
Activity: 1008
Merit: 501
November 09, 2019, 12:40:14 PM
What crypto coin do you want to buy? There are some exchanges that do not require KYC verification for deposits, trading and withdrawals, but there are limits to maximum amount. I have tried to exchange Coinbene, Bit-Z, Binance, or maybe some rules have changed, please browse first. Or there is a local crypto exchange from your country that supports deposits from your local bank, that's better.

You are right, most of the good exchange doesn’t require the KYC verification to withdraw money! Exchange like Binance, Kucoin, BitZ, Coinbene, Digifinex, Bibox and so on ask KYC verification if you want to withdraw more than 2 BTC in a day! I Don't think OP will buy 2 Bitcoin in a day, so, you can use Binance, Kucoin and so on exchanges! 
hero member
Activity: 1400
Merit: 571
November 09, 2019, 12:34:27 PM


I was also suggesting a way for my friend to get away with KYC and what I've come up is that I buy from the users who sell his BTC for paypal in the forum. This I guess will reveal his name to a user here in the forum but certainly there will be no record about what the transaction is about. This is the safest so far, no banks no exchanges. The problem is going to see later is if he can find someone who will trust him here as I certainly wouldn't do it for him.

Buying bitcoins via paypal to a user on this forum might be a safe way if you know the user personally or you've had a legit transaction with him before, without that, I don't see this as the safest way to buy bitcoin. He could attract people who wants to buy bitcoin privately if he will provide some proofs that he is a legit seller, but sometimes, the buyer are taking this as an advantage to scam the legit seller by making him to send first the product, which is a no go for me.
legendary
Activity: 2282
Merit: 1041
November 09, 2019, 11:57:25 AM


I was also suggesting a way for my friend to get away with KYC and what I've come up is that I buy from the users who sell his BTC for paypal in the forum. This I guess will reveal his name to a user here in the forum but certainly there will be no record about what the transaction is about. This is the safest so far, no banks no exchanges. The problem is going to see later is if he can find someone who will trust him here as I certainly wouldn't do it for him.
jr. member
Activity: 214
Merit: 3
November 09, 2019, 11:48:33 AM
Best way to save your coins from hackers is to store them in a hardware wallet as other users here have suggested. The best crypto exchanges have been breached and funds robbed. So definitely, nothing online is safe
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
November 09, 2019, 11:44:17 AM
If you are worried about money being stolen, you should not use cryptocurrency. As fraudulent behavior becomes increasingly sophisticated, it is very difficult to prevent. Any platform can have holes, just we don't know yet.   Grin Grin Grin
That is exactly why you need to put more concern regarding security mainly because you are your own bank which means there is no third party risk and warranty involved you own the money you are responsible for it. However there are many method to keep your funds secured and doing that is a piece of cake if you want to spare a some time learning. One more thing you need take care of is about how the regulation in your own country and obey their anti money laundering rules.
not really, I think using a hard wallet can also make it difficult for hackers to take it because it's the same as a flash disk or hard drive, so you always carry it. but, even though it's safe from hackers, the next challenge is to protect it.

but, if the purpose of buying and storing is an exchanger, I doubt that even the best exchanger like binance has conceded a hacker. and what's more that KYC is very much needed in an exchanger.
full member
Activity: 795
Merit: 108
November 09, 2019, 11:41:21 AM
If you are worried about money being stolen, you should not use cryptocurrency. As fraudulent behavior becomes increasingly sophisticated, it is very difficult to prevent. Any platform can have holes, just we don't know yet.   Grin Grin Grin
Then for what are you commenting?
 There are many ways to keep you safe, always pay attention to the site that you will use. Op, I want to ask, which exchange sells our personal data?
newbie
Activity: 57
Merit: 0
November 09, 2019, 11:18:31 AM
Hello. I feel that trading cryptocurrencies properly and transparently is one of the good ways to ensure that cryptocurrencies are safe. Please regularly check your cryptocurrency information offline. good luck.
full member
Activity: 798
Merit: 134
November 09, 2019, 11:08:28 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 from bank directly to your crypto wallets depends on the kind of coin you want to purchase. If is btc or eth is possible buy directly from bank to your crypto wallet without ensuring exposal of personal details, although this depends on the country you are coming from that makes it possible for you to buy.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
November 09, 2019, 11:01:20 AM
If you are worried about money being stolen, you should not use cryptocurrency. As fraudulent behavior becomes increasingly sophisticated, it is very difficult to prevent. Any platform can have holes, just we don't know yet.   Grin Grin Grin
That is exactly why you need to put more concern regarding security mainly because you are your own bank which means there is no third party risk and warranty involved you own the money you are responsible for it. However there are many method to keep your funds secured and doing that is a piece of cake if you want to spare a some time learning. One more thing you need take care of is about how the regulation in your own country and obey their anti money laundering rules.
sr. member
Activity: 1792
Merit: 264
November 09, 2019, 10:36:20 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 choose an exchange that has many users and has been trusted to have a very good reputation and even has strong security and is convenient to use, after that you just have to put some money by transferring into one of the currencies available in the exchange, maybe this is the way the simplest that anyone can do to buy cryptocurrency
newbie
Activity: 6
Merit: 0
November 03, 2019, 01:24:23 PM
If you are worried about money being stolen, you should not use cryptocurrency. As fraudulent behavior becomes increasingly sophisticated, it is very difficult to prevent. Any platform can have holes, just we don't know yet.   Grin Grin Grin
hero member
Activity: 1638
Merit: 518
November 03, 2019, 01:11:27 PM
if u want to buy some crypto with anonymous data , i guess it's totally hard for nowadays .
i suggest you to try find someone on this forum want to sell their coins and using escrow by trusted member here,
its the only way i guess to solved your problem.





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!
Previous years were hard to buy Bitcoin or top coin. Now a days so many way has to buy top currency in safe way. Although you know about coinbase rewards 10 USD for buying 100 USD. You can use your bank account for this case. If you are in restricted country, than find trust users.

op talked about buying without any data instead.
and i am sure coinbase is totally required KYC for buying on their market.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
November 03, 2019, 12:42:31 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!
Its safe to use changelly or shapeshift, they accept fiat transactions as well and they have no limit too but any other services you decide to use make sure they have good reviews like luno, binance, localbitcoin, copay or coinbase too

i never saw just besides to buy hours helicopter currencies because there is a great opportunity you can find for or currency conversion with localbitcoins.com

Like most of the exchanges you can find the crypto to fiat conversion to their paypal aur banking account with the heavy fees but in localbitcoins you need to pay same amount for any amount of transaction to the LBC.
It will be helpful for you to reduce the fees.
member
Activity: 784
Merit: 21
November 03, 2019, 12:36:26 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!
Its safe to use changelly or shapeshift, they accept fiat transactions as well and they have no limit too but any other services you decide to use make sure they have good reviews like luno, binance, localbitcoin, copay or coinbase too
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
November 03, 2019, 12:31:09 PM
Safest place to me to buy Cryptocurrency is on good well known recognised exchanges as they won't scam you. And another rout is through local exchanges like, the local exchanges should pass some regulatory measures and have passed test of time ( being known for long) they are trusted to save you from heartbreaks of scammers . These measures should help run away fr scammers.
Exchanges are available in large numbers, different exchanges provide with varied accessibility. One can find the best and the convenient one for buying. Apart from this we've got trading platforms like localbitcoins which is best in service around the world. Other than this there is separate section available in our forum where buying and selling of goods and bitcoin is possible.
jr. member
Activity: 344
Merit: 1
November 03, 2019, 12:30:30 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!

Yes its safe to use non-custodian exchanges like Changelly and Shape shift. I have used them in couple of times. They are cool with top-notch security.

However, if you are still not cool with them, you may try Atomic Wallet. It is a custodian wallet with other features of buy and sell your Crypto. You can also use your debit card on the Wallet. Security is safe and guaranteed. That's what I have been using for some times now
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
November 03, 2019, 12:03:56 PM
Safest place to me to buy Cryptocurrency is on good well known recognised exchanges as they won't scam you. And another rout is through local exchanges like, the local exchanges should pass some regulatory measures and have passed test of time ( being known for long) they are trusted to save you from heartbreaks of scammers . These measures should help run away fr scammers.
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