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Topic: Where do you go to buy bitcoins? - page 7. (Read 1335 times)

member
Activity: 392
Merit: 10
October 18, 2018, 07:41:29 AM
#26
I only bought once in my country using person to person method. It is someone I know. I sent money to his bank account and he sent bitcoin to my wallet. I have done subsequent transactions on various exchanges using other cryptocurrencies to buy bitcoin and I have never had any issue.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 18, 2018, 05:57:39 AM
#25
I would use a local exchange or someone that I fully known personally just in case I'm in need for those coins ASAP. Just use a reputable exchange so you won't fall into a scam or don't trade with someone you don't unless with escrow.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
October 18, 2018, 05:17:18 AM
#24
Well, it all depend on the country you reside at, some country try have site where they can buy from with fiat while some can only get it from merchant by taking fiat from them and transfer it to their wallet. My first Bitcoin was bought from a friend .
newbie
Activity: 33
Merit: 0
October 18, 2018, 04:13:01 AM
#23
From my point of view , COINBASE is one of the best choice to exchange BItcoin , it is popular and secure, IT is just my experience.
member
Activity: 434
Merit: 10
October 18, 2018, 04:07:37 AM
#22
I myself bought bitcoin on the exchange of my country and it's safe to just happen, there are lots of places to buy your own stay, just buy where you like as long as the place you buy is safe and secure
newbie
Activity: 3
Merit: 0
October 18, 2018, 03:07:41 AM
#21
When deciding to buy Bitcoin encryption, you can refer to Bitcoin price as well as how to buy Bitcoin quickly and safely. You can find out at reputable trading floors.
sr. member
Activity: 980
Merit: 294
October 18, 2018, 03:03:50 AM
#20
While we can't access coinbase here in my country, I usually use changelly since I use coinomi to buy bitcoin or other altcoins likely the fee is affordable and transaction was fast. It also cater shapeshift.

But normally, people buy in a convenience store and remittance center as well and directly stored in our local wallet.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 18, 2018, 03:03:31 AM
#19
I use to buy in bitcoin ATM thats standing in some places here in my country but now as our local wallets has already offers four kinds of cryptocurrency to buy,like Bitcoin,ethereum,ripple and .bitcoin cash it become more easy to be an investor,so anytime i have extra amount i can easily buy coins to add in my folio for long term holding
hero member
Activity: 910
Merit: 512
October 18, 2018, 02:42:48 AM
#18
unfortunately i never buy bitcoins since 2014. because im trully as a bounty hunter  Grin .
earn lot of bitcoin by selling tokens/assets. but alotof market exchange you can use to buy bitcoins out there.
full member
Activity: 602
Merit: 101
October 18, 2018, 02:27:37 AM
#17
I think, all exchangers have bitcoin because bitcoin is the number one crypto currency, so you can buy in exchangers that you think are trustworthy and easy to use, and it's up to you where you will buy
hero member
Activity: 2492
Merit: 542
October 18, 2018, 02:26:54 AM
#16
In my place buying bitcoin is like purchasing in a grocery store its very easy and simple process and you can get the bitcoin instantly after payment because the site that is using by the majority in our country which is coins.ph has a lot of partners like 7/11 store, remittance centers and banks, localbitcoins is also active but the price is much higher.
newbie
Activity: 3
Merit: 0
October 18, 2018, 02:12:57 AM
#15
You should buy Bitcoin at reputable virtual show floor to avoid scams or buy from friends and relatives. If there are no relatives or friends hoarding Bitcoin. You can buy from other individuals or organizations. Consult with previous buyers to see how they evaluate the quality of the transaction, how reliable it is and decide whether to initiate a trade.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
October 18, 2018, 02:04:50 AM
#14
We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well.

I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly.

In an effort to help the community, where do you personally go to purchase Bitcoins?

I always prefer Over the counter system to Buy Bitcoin or meeting the seller in personal. I have been using Local Bitcoin and I can recommend it is the safest and the most secure way to trade Bitcoin. Most of the transaction I do it in cash and in small amount,
member
Activity: 120
Merit: 10
October 18, 2018, 02:03:50 AM
#13
I'm using the LUNO. The coolest thing about it is that we can store bitcoin, ethereum. For me, this is the safest way to buy.
newbie
Activity: 7
Merit: 0
October 18, 2018, 02:00:44 AM
#12
Currently, there are two ways to buy Bitcoin, the most widely used are: buy on the exchange or buy bitcoin from friends or personals. If you want to buy bitcoin at the exchange you can Buy bitcoin on automated trading floors or intermediary bitcoins. One way to buy bitcoin is to buy it from relatives, friends. Because,  relatives will be more reliable than a first person to cooperate without the basis, the sure information to trust 100% of that person. As a result, the percentage of fraud also decreased significantly.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
October 18, 2018, 02:00:09 AM
#11
In my country the situation is pretty stressed up when it comes to buying and selling of the bitcoin. RBI which is central authority here has warned he local banks from denying the services to the crypto related bank account holders.

So we have only one option to trade and invest into the bitcoin and thats LocalBitcoin. I cant even think about the trading of crypto currencies into fiat currency directly as it would be tracked down and could lead to ban over accounts.

Now recently I am intrigued with the news that Unocoin one of the exchanger in India has now overcome with this situation by placing the ATM's in India. So I guess thats option #2.

Yes your bank account will get banned, if your bank account recieves funds from Crypto exchange or they are able to track the fiat source. But, only Private Banks are creating such issues. If you are using a Goverment Bank or a Co-operative Bank there is no problem As the law states you can trade Cryptos, which means you can still recieve/send funds. I have been using SBI and have not faced a single issue.
newbie
Activity: 4
Merit: 0
October 18, 2018, 01:44:12 AM
#10
I do buy btc at bigger exchanges and sometimes at p2p exchages.
copper member
Activity: 110
Merit: 60
October 18, 2018, 01:42:13 AM
#9
We all know of the importance of having cryptocurrency, particularly Bitcoin, however it is not always clear where they come from. Here in America, my friends and I use Coinbase to purchase and sell Bitcoins, Litecoins, Ethereum, etc. We can also use Coinbase as a wallet and it accepts bank transfers as well.

I have a few friends that use LocalBitcoins to meet up with locals in Los Angeles. I think this is inefficient since it can be time-consuming, however, there are some good deals and you can trust most of the sellers. I've also heard good things about platforms such as Kraken and Changelly.

In an effort to help the community, where do you personally go to purchase Bitcoins?

Here in my place I bought bitcoin at coins.ph but most often happened was from the bounty rewards which I received it from the campaign, every time I sell the token of course automatically converted at once on my bitcoin wallet balance. But never experience yet to buy it on localbitcoin.com which I probably heard most of the time.
member
Activity: 350
Merit: 10
October 18, 2018, 01:36:37 AM
#8
There are a lot of options to buy or trade bitcoin. I usually buy bitcoin in exchanges like kucoin , binance and coins. Those are the exchanges that I usually go to buy bitcoins or even other altcoins.
sr. member
Activity: 672
Merit: 271
October 18, 2018, 01:32:26 AM
#7
In my country the situation is pretty stressed up when it comes to buying and selling of the bitcoin. RBI which is central authority here has warned he local banks from denying the services to the crypto related bank account holders.

So we have only one option to trade and invest into the bitcoin and thats LocalBitcoin. I cant even think about the trading of crypto currencies into fiat currency directly as it would be tracked down and could lead to ban over accounts.

Now recently I am intrigued with the news that Unocoin one of the exchanger in India has now overcome with this situation by placing the ATM's in India. So I guess thats option #2.
Correct!! the situation in India has been worsened by the statement release by RBI and has made it really difficult for the people to undertake any crypto related transaction. Zebpay the most trusted crypto exchange in India was forced to shut down and that was a massive hit to the Indian crypto market.

And I was to also mention about the UNOCOIN, India's first cryptocurrency ATM launched in the city of Bengaluru. Right now the limit imposed for deposit and withdrawal is just 1000 INR, but still it's a shining ray of light for the crypto community.

It is a one bold initiative by the virtual currency exchange overruling the RBI's orders. Read more about this @ https://www.thenewsminute.com/article/india-s-first-cryptocurrency-atm-launched-bengaluru-90117
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