Topic: Where can I purchase bitcoins safely (Read 506 times)

You need to make purchases and exchanges only on proven exchange services, well, or use other proven and reliable ways to exchange.

I suggest eading this: https://www.thebalance.com/best-places-to-buy-bitcoin-4170081

Is this for Bitcoin only - this was the question in the OP.

What is the advantage of pumping and holding? If you want to hold your Bitcoin for the long term, then it is better to buy after the pumpers have sold and the price drops.

We have a pump group with over 2500 accredited investors that pump and hold coins. The team also spends thousands of dollars on advertisements during the pump making it last longer so everyone can profit. The group's last pump reached over 5500%! - t.me/iblockchainglobal
https://i.redd.it/e2dfucqrbhu11.jpg

You can buy Bitcoin from a few of the senior members here. They earn the coins from their signature sponsors, and are prepared to sell them to members they feel they can trust.

I am not happy about it, but I use Coinbase pretty regularly and it doesn't seem to be much of a problem for me.  There are some issues I have with Coinbase, but none of the ones you listed as why people have said to avoid it. 

If I purchase coins through Coinbase be it Ethereum, Bitcoin, or Litecoin, It is very rare that I keep them in coinbase for any amount of time.  I usually almost immediately move the coins to some other wallet or exchange after the purchase has gone through.  For that reason, I don't think you really need to worry about "Coinbase owning your coins".

My biggest issue with Coinbase is having to use a Debit card to make immediate transactions.  If I don't want to use a Debit card I have to do a bank transfer and those can taken an annoyingly long time.  It stinks having to wait for your money to come across into Coinbase and by the time it does, the price has rebounded from the low that you wanted to purchase at.

Keeping all of that in mind, Coinbase is still one of the quickest and easiest ways to get into the crypto market.  If you have a Debit card get that setup on your account and you should be good to go.  If I do purchase Bitcoin, I move it into Mycelium wallet after I purchase it.  For Litecoin I move it into Jaxx and Ethereum I move into MyEtherWallet.

You can buy bitcoin from exchange market or OTC or from bitcointalk excot service, if you choose exchange market then you can choose coinbase, i found it pretty well

Second Coinbase and Gemini

Have a look at this site for more information, put together over the year to help educate others. Links and info on exchanges plus more.


www.Cryptonix.co.uk - Free guide and Introduction to blockchain and crypto for beginners

+1 to coinbase. Just expect a verification process so don't wait till the last moment if you are in need

Don't be afraid of coinbase and you should not stay away from it. Coinbase is the most secure and trustworthy exchange ever I have experienced. Without hesitation, you may buy bitcoin from here as don't trust localbitcon. For information about btc you may search on google bitcointalk excrow .

Coinbase is good or you can open an uphold account and load it with fiat from your bank account and flip that into many cryptos and more assets

Localbitcoins could be a reliable option due to its inception of KYC. Coinbase is a well secured exchange though. And even if you have issues with that, just move around your coins in a hardware wallet.

Coinbase has always been a good source to buy bitcoin. You can also use localbitcoins. My suggestion will be to use coinbase because it's more secured.

Through my personal usage I have found coinbase pretty safe and good. Then there is a option to buy directly from a seller which is not that secure though.

I have never had any problems with coinbase so I don't know where those issues are taking place. Coinbase would be the best option for you.

If you're looking for a reliable source of purchase LocalBitcoin is very popular and KYC heavy which means good security as that is something crucial in these aspects. There are also several options that are reliable such as LBC but you should look them up first hand to see if they're what you're looking for and meet your specific criteria. Hopefully you'll find the right one.

As far as I know Coinbase is stii one of the most reliable exchanges out there. You can use Coinbase only for pirchasing coins. If you are worried about safety, you can store the coins in a different wallet.

There are a lot of exchanges from where you can buy Bitcoin safely. It is true that theere asome exchanges out there who are sacmming people and getting away with their money. But, coinbase is not one of them and it is one of the safest exchange to buy Bitcoin. However, you should maintain caution.

until now, for 9 months, i have been using Coinbase and i have found myself quite comfortable. i have had no problems either with the in transactions nor with the out transactions. the process of withdraw has been safe and easy. i have to say i am not from USA, so maybe that can be a problem to some.
at the beginning i had the problem with the high fees, but after discovering the Gdax (the actual Coinbase Pro) i can do trading and withdraws with no fees. and for sending money to my bank account it is easy. i have tried gemini as well but i had some issues with it. i tried bitfinex as well, but it took me two months just to register, so i did not used it anymore.

I previously used xcoins. Though they are good but if you make multiple order then they reject the payment so do slowly.

I understand why you are hesitating to use coinbase as your wallet. But, who is telling you to use their wallet to store your crypto currencies? As far as I know there are no rules which states that you should be storing your coin bought from them at their wallet. Just buy it from them and then transfer it to some other wallet that you use. Or find someone trusted at the forum and do the dealing at your own risk.

You could make your own thread on the Currency Exchange section or find a trusted user there with a good trading history. If you still have doubts and wanted to escrow the deal you can go check this thread it's a detailed list of the most known/trusted escrows here in the forum.

Buying BTC through exchanges is fine though just make sure you move the coins immediately to a wallet that gives you full access(private keys,seeds,etc).

I think that there is more than one place to get btc but i don't really think that anyone can guarantee you 100% safety. To my mind, it is better to find friends who would like to sell coins

if you want to buy some bitcoin, I will suggest you buy in coinbase, because coinbase is the big exchanger that accept sell and buy bitcoin with real money, so you can try it, to buy bitcoin from coin base

Maybe issue that if we save coins in Coinbase it is  not like wallet and if they get hacked, we can't do anything because our money is in their wallet. Actually if only to buy coins, Coinbase is good to do, if OP afraid to save it in Coinbase, he can move it on other wallet.

localbitcoins and coinbase are still the safest place to buy your bitcoins. With localbitcoins there is an escrow which is to protect buyers and seller for a smooth trade while coinbase has the best security features for your account.

Buy bitcoins requires that you have a local dealer that accepts fiat and exchange it and give you the required amount is paid in crypto. It will be difficult to use some exchanges like binance in the first place because I don't ever see them accepting fiat directly. Coinbase will do for your case. Also look for exchanges that accept direct deposit of fiat.

You can purchase Bitcoin exchanges in the top 10 in the CMC. And Binance is the best choice for buying Bitcoin. It is no coincidence that Binance is at the top of the CMC, the floor has been operating for more than a year with large volume daily transactions, high security mode, easy transaction for the user, ... I think Binance is appropriate.

I don't know from where you have heard to stay away from the Coinbase. Coinbase is the most trustable source to buy Bitcoin easily even from the USA! This is the easiest process I have ever used! But If you are confused about the control of your money in coinbase then you can transfer from Coinbase to any other wallet easily. To buy Bitcoin, I suggest you coinbase, to store it I suggest you hardware wallet. Good Luck.

LBC is a safe option.  If you are really an investor and proceed in an "actual name" transaction it will be smooth as silk.  High transaction sellers where all names, contact info, and mutually verified text traffic happens on both ends has never had one single glitch for me.  I am connected so I also go about anonymous traffic, but for a newer unplugged user being straight forward inside the LBC ecosystem is very safe.  Also, I didn't notice what volume you are talking about and that is a factor too!

I think your main problem is how to make money on the market with the choice of the exchange you will not have problems a lot of them ! Use the exchanger to conduct transactions. I use bestchange .

It isn't very risky to buy coins at an exchange like Coinbase even if they take control of your funds for a moment. You'd have to be very unlucky for the exchange to get hacked exactly after you've bought your coins. You shouldn't store coins on exchanges but if you buy and send to your wallet right away it's safe. You won't get it much safer by using localbitcoins. Only buying from a friend beats a solid exchange.

Coinbase would be your best choice if you don't trust LBC anymore. You don't have the private keys so after buying bitcoin, just move it to a wallet where you hold your PK's/seed like electrum.

you can buy bitcoin from otc market or you can get help from bitcointalk excrow service too.
if you want to buy bitcoin from exchange then i will suggest coinbase or poloniex.
these are safer for american buyer.

Coinbase or Gemini would be the most trusted options in the US at the moment, but both of these are custodial exchanges so if keeping full control of the money in your account is important, these would not be ideal.

For MoneyGram/WesternUnion exchanges, LocalBitcoins is by far the most popular. They have now introduced heavier KYC as well, so should hopefully be a little more reliable than before.

Honestly I'd suggest use LBC but just look for people with high trust scores and many reviews. Start with small transactions, and never risk everything with one trader.

Edit: When it comes to fiat exchanges, you can basically have either complete safety, or complete control. No exchange is going to provide you safety (like Coinbase with insured deposits) without taking some control away from you. So the choice is yours as to which of these two options is most important.

I have made purchases about 3 years ago from localbitcoins.. Recently I have heard that there are a lot of scammers getting away with buyers'
money and with very little help from the Support (This is what I have heard)!!!

I have heard that I should stay away from Coinbase, mainly because you do NOT have control of your money in your account, among other issues.
I live in USA...So what are my options. I would like to use MoneyGram or WesternUnion. But what is a Legit source? Providing ID is not an issue.
Escrow is a system I would prefer. I am NOT trying to trade one cryto for another. I am trying to buy btc via MoneyGram or WesternUnion.

I hope to hear from you fairly soon!