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Topic: What is the safest way to buy crypto? - page 8. (Read 6067 times)

jr. member
Activity: 448
Merit: 1
November 03, 2019, 08:37:01 AM
Going for secured exchanges is the best option for you. Most of those exchanges only require KYC when huge sum of money is concerned. And talking about huge sum, we mean $1,000,000 which I am sure you can not currently be able to afford that.
sr. member
Activity: 1236
Merit: 252
November 03, 2019, 07:17:22 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!
There are several exchanges which in my opinion are safe and reliable such as Binance, Kucoin, Idex, Huobi or others.
and Binance is by far the most popular, because you don't need to be verified and don't need to apply for KYC and you can already use it and trade.
When I was new so I also was not ready to buy or to Spend my money for crypto as I thought it’s not safe and anonymous but as time passes I did research so I found it safe and easy and now I saw some safe sites to invest my money and buy crypto. We should know everything about the site and take an idea from other people about its reputation also we can use this forum.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
November 03, 2019, 05:58:33 AM
Actually, the crypto industry is anonymous, so if you question security, I think nothing is safe, everything about cryptoqurrency or blockchain is always risky but profitable too. it's just about how you think about security, I mean it depends on your choice and how much you believe in that choice.
That is very much true, everything in cryptocurrency precisely is risky, I would not generalize it as blockchain, I think the reason we are generalizing it is because we see cryptocurrency as being same as blockchain, which I can say that cryptocurrency is just a child out of blockchain, there are still other things that blockchain can be used for that is more than cryptocurrency.

When we are picking the cryptocurrency part of it, we really need to know that there is high risk in it and especially some of these centralized system, and that is why using a centralized exchange, we really need to be extremely careful as there is no full guaranteed of security just like we can see it in binance when they were hacked after people had raised so much hope in them.
member
Activity: 746
Merit: 10
https://axiomapay.com/
November 02, 2019, 01:26:30 PM
Actually, the crypto industry is anonymous, so if you question security, I think nothing is safe, everything about cryptoqurrency or blockchain is always risky but profitable too. it's just about how you think about security, I mean it depends on your choice and how much you believe in that choice.
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
November 02, 2019, 01:10:53 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!
There are several exchanges which in my opinion are safe and reliable such as Binance, Kucoin, Idex, Huobi or others.
and Binance is by far the most popular, because you don't need to be verified and don't need to apply for KYC and you can already use it and trade.
TWW
full member
Activity: 1456
Merit: 109
November 02, 2019, 01:08:02 PM
the main reason new people are afraid and hesitant to buy crypto is a feeling of unbelief and fear of losing their money. if you want to play crypto then you have to accept the risk. and the safest way to buy and own a true crypto is by learning how cryptos, exchanges, and wallets are used. if you have mastered it we can start buying the best crypto in good exchange and we can store it in a safe wallet for our investment.
jr. member
Activity: 109
Merit: 1
November 02, 2019, 12:59:02 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 for you was those so called instant exchange that has no required account, KYC or some sort of limitation of buying any crypto currency you want its gaining popularity now just try simpleswap i used it already to buy TRC-20 USDT and its fast.
full member
Activity: 954
Merit: 104
ludenaprotocol.io
November 02, 2019, 12:58:47 PM
If you want only buy cryptocurrencies then we can say that all bigger crypto exchanges are safe and they will not cause you problems with buying, but the problem could happen if you hold cryptocurrencies on exchanges foir a long time. We have seen that even the largest crypto-exchanges bankrupt or the funds have been stolen.  Cry
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
November 02, 2019, 12:44:06 PM
The safest way to buy crypto is a P2P transaction. In which you'll obligate the trader a public place(for safetiness). That's the best way. But, if you don't want to give your information, since its P2P, you're obligated to give info, your name for the other trader's security. You should consider making an account at binance. Without KYC you can withdraw 2 BTC per day.
yes, binance is a pretty good place to buy cryptocurrency without involving KYC, it's just that binance limits the transactions of people who don't do KYC, but it's worth trying. Another thing you can do is look for trusted people who have the bitcoin or cryptocurrency you want, and make transactions with it. it's just hard enough to find people like that, if you get it, make sure you use Escrow.
sr. member
Activity: 1050
Merit: 286
November 02, 2019, 12:40:03 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 said you want to buy crypto. lots of crypto is exchanged. But you don't want it. I assume you want to buy privately. You can buy bitcoin at a bitcoin ATM. it doesn't need your identity. but if it's not there, I think the best way is through an official bitcoin exchange. because security is guaranteed, convenient, through a debit or credit card. like bittrex, binance, etc. after that you can move your crypto in your personal wallet. and the safest is the hardware wallet.
I think you can buy bitcoin safely buy using some websites that are legit and famous in terms of selling. You can actually see that when you search on google which is the best website wherein you can buy bitcoin safely. Because as of now there are lots of websites that are not trusted not about scamming your money but because the security is not that good so you should choose some exchange in which the security is highly proposed. There are some websites that you can buy faster and easier but there are some websites that needs KYC on that, meaning you should be verified, what I am saying I think is on the withdrawal side, when you want to withdraw your money you need to take KYC seriously. Hackers and scammers are everywhere so you should be aware of that. As of now, you can also buy bitcoin in the ATM machine but not all countries have that kind of machine.
hero member
Activity: 2268
Merit: 507
Catalog Websites
November 02, 2019, 12:37:49 PM
Don't buy crypto with credit card so that you will be safe from intruders and no one will steal your information because it will be kept by the exchanges.
You can have an option to buy with someone directly and pay it with plain cash.
sr. member
Activity: 1120
Merit: 255
November 02, 2019, 12:27:00 PM
The safest way is to find an exchange in your country which provides you Buying and selling services for Bitcoins online, once you find one, buy Bitcoins and keep them safe in your wallet. for your reference, you can try LocalBitcoin.

Otherwise, use only trusted and reputable exchange. That’s the main key. Never go with some unknown exchanges. You will burn, trust me. Here is a list of Cryptocurrency exchanges which I can highly recommend you: Cex, Coinbase, Yobit and Binance. they are trusted and really reputable exchange operating in this business for a few years now. You can fully trust them.
member
Activity: 364
Merit: 10
November 02, 2019, 12:08:30 PM
Cryptocurrency dealing can be very risky and dangerous especially when you don't really know what entails in its transaction. I would say there are many local exchanges for transactions but you need to be cautious. Aside that, be mindful about KYC. I believe KYC so far minimises the occurrence of theft cases especially when buying crypto so look out for projects which request KYC.
sr. member
Activity: 1372
Merit: 261
November 02, 2019, 11:54:54 AM
Crypto can be very dangerous especially if you do not understand the importance of KYC, but if you really do not want KYC, you can buy with your credit card. And you can buy it on Yobit Exchange and other exchnages without using your personal data.

In our country there is also a crypto currency exchange and they are registered with our central bank, so if they do something illegal we can file a case for them.
legendary
Activity: 3304
Merit: 1202
November 02, 2019, 11:35:56 AM
In what country are you based ? There are a lot of local exchanges in a lot of countries where you can go and buy Bitcoin without any trouble. Per example in my country I have a lot of options to buy Bitcoin and Ethereum even from my local grocery store when they have this mini ATM's who are having cryptos incorporated into the system or simply go to my local exchange in center of the city. So just check your local exchange and also see localbitcoins.com if you have some trusty members in the zone.
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
November 02, 2019, 11:34:28 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!
I think the best solution is to meet your Crypto seller directly! However, if you do not have these people in your area, e-wallets like coinbase and blockchain will support you to pay, although the cost is high but it is safe and fast!
sr. member
Activity: 840
Merit: 268
November 02, 2019, 11:31:28 AM
The safest way to buy crypto is a P2P transaction. In which you'll obligate the trader a public place(for safetiness). That's the best way. But, if you don't want to give your information, since its P2P, you're obligated to give info, your name for the other trader's security. You should consider making an account at binance. Without KYC you can withdraw 2 BTC per day.
sr. member
Activity: 1274
Merit: 278
November 02, 2019, 10:59:23 AM
I think the safest way to buy some crypto with your credit card is using built-in converters in cryptocurrency Exchanges like Coinbase or Binance. You can also use LocalBitcoins website because of the low commissions.

It still depends, providing your credit card information will still be risky if you execute it wrong. One thing that we need to consider is when typing it to the correct website since most of the times, phishing might attack us and since there's no system that is safe. We should increase our sense of responsibility. But I can recommend where to buy cryptocurrency. You can check if you have a convenience store in your area that offers crypto, there, you can pay and let them scan your wallet. It is much safer as you are buying crypto directly, without the risk of getting phished.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
November 02, 2019, 10:45:09 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!
All of us do not want hackers to steal our money that's why we should be careful. As of now, there are plenty of good and trusted cryptocurrency exchanges where you can easily buy different cryptocurrencies. All major exchange has KYC that you need to pass some ID so your account will be verified. Lastly, if you want to have safe and smooth transactions I highly recommend using a trusted and reputable exchange just like binance and bittrex.
member
Activity: 490
Merit: 16
November 02, 2019, 10:40:10 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 use luno, the app is available on playstore and ios and they support many countries worldwide, luno accept deposits from your bank account for bitcoin, bitcoin cash and Ethereum, you can trade on luno as well, binance is another good option, you will only have to go through KYC if you want to buy over 3k worth of bitcoin
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