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Topic: Where to purchase bitcoin to avoid being a victim of fraud - page 2. (Read 212 times)

hero member
Activity: 2002
Merit: 633
Your keys, your responsibility
I see you've browsed through the Beginners & Help Encyclopedia thread, so what's the problem with learning that?

Buy and sell bitcoins https://bitcointalksearch.org/topic/--5364418
Bitcoin wallet https://bitcointalksearch.org/topic/--5364418
Security and scam protects https://bitcointalksearch.org/topic/--5364418 - https://bitcointalksearch.org/topic/--5364418
Trading https://bitcointalksearch.org/topic/--5364418

Generally, each crypto platform provides their own user manual which you can find on their site.
sr. member
Activity: 532
Merit: 390
It's either you make use of a centralized exchange as you've been told already if you don't mind about your privacy, but i will also recommend you with some available list of decentralized exchages from the thread link below, there are recommendations you could have from the list there.

No KYC exchanges
https://bitcointalksearch.org/topic/--5414539

but most importantly, whenever you acquired your bitcoin, always try to store them on personal wallet which are non custodial for your security and privacy, here are recommendations as well on wallet to store your bitcoin

Other recommendation on wallets for security and privacy if you care
Bitcoin Core
Passport

Samourai Wallet
https://edubourse.com/en/crypto-monnaie/wallet/samourai-wallet-avis/#:~:text=Samourai%20Wallet%20is%20the%20most,one%20and%20the%20same%20wallet.
legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
These are lists of centralized exchanges: https://www.coingecko.com/en/exchanges
Decentralized exchanges: https://www.coingecko.com/en/exchanges/decentralized

Do not leave you coin on centralized exchanges, move it to noncustodial wallet. Cold wallets are safest.

If you are the privacy type: https://bisq.network


With the information I have so far gathered, I have learned that when someone wants to start mining or owning bitcoin or another cryptocurrency,
Mining is more than just that word, or I can say that word does not apply to mining. Mining requires you to make some calculations like electricity bill if the miner you bought and how easy you have access to 24 hours electricity throughout the whole week.

Bitcoin holding is also different from trading, but you have to know what you want to invest on before investing.
staff
Activity: 3402
Merit: 6065
If you don't mind submitting your documents to verify your identity, then there are plenty of reputable platforms that you can deal with directly. You didn't mention where you're from but you can look into the following ones (UK, US, or EU): Coinbase, Bitfinex, Kraken.
newbie
Activity: 14
Merit: 4
Hello,
 I know that I have some money that I want to invest in bitcoin and other cryptocurrencies after a long period of saving. With the information I have so far gathered, I have learned that when someone wants to start mining or owning bitcoin or another cryptocurrency, they will start with an amount they can afford to lose. In order to prevent falling victim to fraud, I would also like to know where the best place is for me to buy bitcoin. I think this will be the finest place for getting the appropriate guidance and instructions on how to get my coins so that I may also achieve my dream of owning bitcoin and begin trading.
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