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Topic: What is the safest way to buy crypto? - page 9. (Read 6067 times)

member
Activity: 1078
Merit: 10
November 02, 2019, 10:39:31 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.
legendary
Activity: 1316
Merit: 1145
November 02, 2019, 10:04:09 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!
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.
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
November 02, 2019, 09:50:34 AM
Using a popular exchange like yobit can be useful to you. There is no need for users to undergo KYC so you don't need to think about the security of your identification. This exchanger is also safe and it is guaranteed that you can easily buy crypto at any time you want.

Depending on the country you leave, in my country we do trade on trusted escrow in Whats-app, which neither bank nor government can ever detect what is going on. I have used black market most. Although if you don't follow the rule of play, you can be scammed.
It is possible, as long as there is a third party that can be used to buy crypto in your local country and as long as the feedback about them is good, using it will be the best option.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
November 02, 2019, 08:56:37 AM
you have 2 ways:

1. buying in DEX such as bancor, wavesDEX, etc. 9 Best Decentralized Exchanges That You Can Use To Trade NOW

2. buy on CEX such as binance, bittrex. but it just can be bought under 2 btc. above that you'll need KYC.
after buying on CEX, transfer it on your own wallet, dont safe on that CEX
1 Dex is having low liquidity and that means you will get a chance to get in the low rate or even highest rate. it's not a recommended way to buy crypto through use dex caused by the liqudity.
2 KYC verification doesn't matter a lot and 2 bitcoin is a daily limit and im sure everyone will be fine about that consider about the daily limit is so huge. If you have reached the daily limit and buy again tomorrow.
1 let's focus on OP question, OP wanna buy crypto in the safest way. so i recommend DEX bcz of it's safer than CEX of course. let's assume that OP doesnt care wheter it is liquid or not.

2. OP doesnt want to share their identity, that's the matter. Buying crypto then send to wallet is safer than in exchange
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
November 02, 2019, 07:51:10 AM
If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
Put funds on the exchange? Are you sure you will be safe? because our funds are fully controlled by the exchange. Have you ever seen the case that exchanges that have been hacked are the cases of users who put money there? problematic average can not even withdraw their funds and must take time to be able to withdraw these funds. less precise if we say safe on exchange funds

That funds is safe when you're typically registered on the exchange affiliated with the country's Central banking system. Before deciding to deal with serious funds on a specific trading site, be sure to pass a kyc with them and that proves your legitimacy as a trader. If you already passed all those requirements, exchange site is liable with your funds security and now you can buy crypto holding from their end. Choose what type of investment you like whether it's short or long term trading.
jr. member
Activity: 980
Merit: 1
November 02, 2019, 07:34:13 AM
I have been doing cryptocurrency for several years now. And I realized the most important thing, you need to buy cryptocurrency through the coinmarketcap website. Has never let me down. So just use this site and don't be afraid that your money will be lost.
sr. member
Activity: 1236
Merit: 252
November 02, 2019, 07:03:45 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!

Many platforms nowadays use KYC and some hates it because technically, you are not anonymous anymore. This is because someone else knows now that you have an use crypto even though they do not know the specifics. KYC is common for those who want to cash outbor convert their crypto to fiat and the fees can be high depends on the exchange and to the financial institution it will pass on.
I think if we want safety then it id important for us as well to contribute like to give out KYC and not I mind giving information so I also have seen so many sites selling coins which demands KYC. I like this forum where we can get a safe investment of our money that's why I just read the post here and if you get a chance I spend fearlessly to buy bitcoin.
sr. member
Activity: 868
Merit: 333
November 02, 2019, 01:34:14 AM
I think Binance Exchange can be an option for you to buy Crypto which is safe and reliable. If you intend to save your Crypto then I recommend to you to use a hardware wallet, do not store your Crypto on the Exchange unless your Crypto is for trading.
Popular exchange such as binance may be the option he is looking for. We know that binance is a good exchange and it is the biggest exchange as of now. Or maybe he can go to yobit which is KYC is not needed to buy and withdraw funds from the exchange.

I do agree, storing funds in an exchange is not advisable, you might lose it or if your account has been compromised the chances for your funds to be recovered is impossible. Better to use a bitcoin wallets such as a hardware wallet or a mobile application wallet.
sr. member
Activity: 505
Merit: 250
November 02, 2019, 12:53:37 AM
I think Binance Exchange can be an option for you to buy Crypto which is safe and reliable. If you intend to save your Crypto then I recommend to you to use a hardware wallet, do not store your Crypto on the Exchange unless your Crypto is for trading.
sr. member
Activity: 980
Merit: 252
November 02, 2019, 12:45:39 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!

Decentralized exchange is the best place for you then. changelly is safe to use and i've been using it for a month and trade safely. Also if you want to trade erc-20 tokens there is IDEX which can covered your all tokens directly from your wallet.
But if you don't want trade on exchange because you want to send your personal data, you can sell yours to people directly by personal message or something like that but using escrow. But you will pay extraa fee for the escrow.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
November 02, 2019, 12:41:18 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!
In our country which is Philippines there is what we called coins.ph in which we can cash in a money and through 7/11 we can get it in our coins.ph to buy or convert our money into cryptocurrency which is bitcoin, ethereum,xrp or bitcoin cash, you can also do is to deposit a money into a bank then transfer it into your exchanger like binance or etc. to buy some crypto. There is so many safe way in order for you to buy crypto in some exchangers, just make sure that the exchanger is good and legit enough.
Using financial services such as coins.ph is one of the best ways for a newbie to buy bitcoin. I also use coins.ph sometimes, just by going to a convenience store we can exchange fiat to e-money that we can buy bitcoin as easy as that.
If ever that there is a local financial service in OP's country then it is his best option to buy bitcoin without revealing his identity.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
November 02, 2019, 12:19:43 AM
If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
Put funds on the exchange? Are you sure you will be safe? because our funds are fully controlled by the exchange. Have you ever seen the case that exchanges that have been hacked are the cases of users who put money there? problematic average can not even withdraw their funds and must take time to be able to withdraw these funds. less precise if we say safe on exchange funds
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
November 02, 2019, 12:14:45 AM
#99
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!
In our country which is Philippines there is what we called coins.ph in which we can cash in a money and through 7/11 we can get it in our coins.ph to buy or convert our money into cryptocurrency which is bitcoin, ethereum,xrp or bitcoin cash, you can also do is to deposit a money into a bank then transfer it into your exchanger like binance or etc. to buy some crypto. There is so many safe way in order for you to buy crypto in some exchangers, just make sure that the exchanger is good and legit enough.
full member
Activity: 1526
Merit: 111
Pepemo.vip
November 01, 2019, 11:44:45 PM
#98
If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
very good advice in investing with crypto currencies by knowing the chart of the development of crypto currencies that we invest we can make benchmarks in investing and make decisions to invest with crypto currencies and maybe as investors we must be good at utilizing every opportunity we will get in investing
right, the first is to choose a good exchange to maintain the security of our assets. we no longer doubt binance as a reference exchange. because we know this exchange fully replaces lost customer funds when a hack occurs. Additional security is a good way to increase performance, but we must also maintain security by not opening suspicious emails

member
Activity: 882
Merit: 13
November 01, 2019, 11:29:00 PM
#97
If you don't want to do kcy then you can use binance but there's a limit of 2 btc max withdrawal per day. The safest way to store your crypto? I think it's best to keep your holdings in a hardware wallet like trezor or nano, make sure to keep your private key safe.
sr. member
Activity: 1582
Merit: 253
November 01, 2019, 11:22:27 PM
#96
If you want to be safe in buying crypto, then buy it in the already popular exchange and the trust of the investors such as Exchange Binance, Bittrex, and do not buy from third parties, but buy directly in the Bursanya let me be safer. And don't forget to create security with Google authenticator.
very good advice in investing with crypto currencies by knowing the chart of the development of crypto currencies that we invest we can make benchmarks in investing and make decisions to invest with crypto currencies and maybe as investors we must be good at utilizing every opportunity we will get in investing
hero member
Activity: 2842
Merit: 625
DGbet.fun - Crypto Sportsbook
November 01, 2019, 08:58:05 PM
#95
On Binance, you don't have to be verified or apply for KYC just to be eligible in trading. But sure you have some certain limits on that.

https://techcrunch.com/2019/06/14/binance-begins-to-restrict-us-customers/
sr. member
Activity: 1050
Merit: 256
November 01, 2019, 08:04:19 PM
#94
If you want to buy crypto safely, then buy from an existing exchange in your area. If there isn't, you can buy it through large exchanges such as Binance, Kucoin, Gate, and many more. You can check coinmarketcap for reliable exchanges.
Actually buying it is quite easy and very safe. What's not safe is how you keep it, my friend. No one can hack a blockchain network of coins, you have attacked by phishing and your keylog is stolen by the fake web creator.
legendary
Activity: 3108
Merit: 1029
November 01, 2019, 07:23:49 PM
#93
you have 2 ways:

1. buying in DEX such as bancor, wavesDEX, etc. 9 Best Decentralized Exchanges That You Can Use To Trade NOW

2. buy on CEX such as binance, bittrex. but it just can be bought under 2 btc. above that you'll need KYC.
after buying on CEX, transfer it on your own wallet, dont safe on that CEX
1 Dex is having low liquidity and that means you will get a chance to get in the low rate or even highest rate. it's not a recommended way to buy crypto through use dex caused by the liqudity.
2 KYC verification doesn't matter a lot and 2 bitcoin is a daily limit and im sure everyone will be fine about that consider about the daily limit is so huge. If you have reached the daily limit and buy again tomorrow.
sr. member
Activity: 994
Merit: 256
November 01, 2019, 05:13:34 PM
#92
If you are not sure about buying on international exchanges that have been popular and trusted by cryptocurrencies user, you can Buy at a local exchange in your country that has been verified by the government. The security problem depends on the method to avoid cyber crime, as long as you are careful your will be safe.
I think international exchanges are mainly for exchanges that have high popularity, so I'm sure their security is good. but to buy, depends on you. the most important thing is always be careful when accessing and don't make mistakes before your investment is placed in a safe place
I
t is right that international exchanges are of high popularity and most of them are safe but to recognize safe exchanges it takes time and knowledge is also required, most of the people are unable to find the safest one and they become the victim of scam exchanges, so selecting the safest should be the first priority and also keeping an eye on the investment is very good.
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