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Reddit easiest way to buy bitcoin

reddit easiest way to buy bitcoin

We suggest our listed exchanges and doing your own research before making your final decision. We’re sure you already have a payment method in mind that you’d prefer to use. In the midst of the turmoil, Bitcoin concept came into being. We can both agree on this: Buying bitcoins with a credit card or debit card is confusing. As the adoption of Bitcoin is increasing, you might meet a lot of people who owns Bitcoin and you can actually ask them to sell it to you directly. Bitsquare is a peer-to-peer marketplace for cryptocurrencies like Bitcoins. This may change in the future if a Bitcoin ETF ever gets approved.

Welcome to Reddit,

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. This subreddit allows open discussion where peer review occurs. Bitcoin related Questions. Easiest way to buy bitcoin? I am having trouble buying bitcoin online because I am easiesh of paying such high fees at bitcoin atm’s. I am looking to buy bitcoin to use on international betting sites such as bovada and betonline but these sites do not accept my chase debit card.

Buy Bitcoin in:

reddit easiest way to buy bitcoin
Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. This subreddit allows open discussion where peer review occurs. Bitcoin related Questions only. The fastest way to buy bitcoin self. I am interested in buying some BTC and hold for long-term perspectives. What’s the fastest and secure way of doing it? I am thinking about getting a free digital wallet, go to an exchange and buy BTC, save my password in a secure place and just relax and wait for few months.

Credit/Debit Card Bitcoin Exchanges

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. This subreddit allows open discussion where peer review occurs. Bitcoin related Questions. Easiest way to buy bitcoin?

I am having trouble buying bitcoin online because I am sick of paying such high fees at bitcoin atm’s. I am looking to buy bitcoin to use on international betting sites such as bovada and betonline but these sites do not accept my chase debit card. Also when I try to buy bitcoins through sites such as localbitcoins all of the users are telling me they dont do business with new users!

How can I easily and cheaply and securely buy bitcoin with my chase debit card or other ways from the comfort of my home? Thank you. Guys, just use any of these 6 Exchanges and Wallets recommended by other Redditors to store your bitcoins and other altcoins. I am reading the reviews on Google pay about the cash app and it is nothing but negative saying it takes forever to get verified even if you do and that all sorts of people are losing money out of no where and money is missing.

Horrible to no customer service. Makes me scared to try it. One dude said he bought bitcoin and it was frozen for 4 days until he was finally able to get ahold of someone and they finally fixed it. Coinbase and other exchanges will also need you to verify and will take several days. There will always be people complaining about getting verified with any exchange simply because of the initial process.

Once you set it up, its easy to use after the fact. Can you buy bitcoin form CashApp in the USA if you reside in a legal state but are a resident of a non-legal state?

If it’s illegal though then I assume they’ll stop you right? It won’t let me buy it and then have police come to my house or something right?

And the only other restriction is that I need to be 18 right? I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

Try bisq. It’s quite alright to get tired of the outrageous fees you pay in purchasing btc, but I’m telling you, it worth it!. You won’t understand until you loose money. In conclusion, stick with coinbase pro. Don’t try anything new if you got so much to loose. I just use coinbase never had a problem takes 2 seconds for me to get 1k in BTC you gotta work your way up if it from debit card but coinbase my fav.

And the most simple imo!!! Cash app. Just downloaded it last week and was transferring money the next day. Fees are minimal, nothing like the atm. I’ve had no issues with it at all.

I downloaded it but when I bought bitcoin and went to transfer it to my wallet it asked to scan my i. I tried for 30 minutes. Can you use it if you reside in a legal state for Bitcoin but are a resident of a non legal state? Most any place you buy is going to require various forms of ID verification kyc. They will usually require this process to complete before you can withdraw your purchases.

It may be days or weeks depending on the service you choose. Cash app and coinbase are two popular services. Whichever service completes the kyc first is probably going to be the one you like best. I’m a bot, bleepbloop. Someone has linked to this thread from another place on reddit:. If you follow any of the above links, please respect the rules of reddit and don’t vote in the other threads. You could try CoinGate trading platform. We send purchased coins within 24 hours, and the whole purchasing process is hassle-free.

I’m gonna say coinbase is reddit easiest way to buy bitcoin best place to buy for reddit easiest way to buy bitcoin. You can start out with regular coinbase then learn how coinbase pro works. If you are a resident of any of these countries then you may want to check us out! I like Cex. It works really well for me for more than a few years. Crypto exchange is not only the easiest but also one of the cheapest and rather secure ways to buy or sell cryptocurrency.

Once you have passed this procedure, you are able to perform instant purchases of bitcoin. It accepts credit card and bank transfer as payment methods.

They duplicated the best functions of the exchange and added some new enhanced features to the platform like one-click trading and customizable charts. Join one of the fastest growing blockchain communities in the world today. By connecting with other members in the community, you will enjoy unlimited access to resources that you may never have been able to access on your. Becoming involved in our LotanChain community is about developing meaningful relationships and learning from other Blockchain enthusiasts.

In my country, we already have an application in phone, it is downloadable in playstore. It can convert our fiat money to ethereum and bitcoin. Either way you are going to gain or loss money. Market could half tomorrow. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. All rights reserved. BitcoinBeginners comments other discussions 2. Want to join? Log in or sign up in seconds. Submit a new text post.

Get an ad-free experience with special benefits, and directly support Reddit. BitcoinBeginners join leave 76, readers users here now Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. Welcome to Reddit, the front page of the internet. Become a Redditor and join one of thousands of communities.

BitcoinBeginners submitted 8 months ago by azbritton. Want to add to the discussion? Post a comment! Create an account. You wouldn’t need anything.

Once I buy bitcoin on the cash app can I transfer it to my personal wallet? In order to withdraw from cashapp you will need to take a picture of your ID and verify your birthdate and possibly ssn. Cash app and coinbase pro are easiest to use cash app has no fees, coinbase has 0. What a change to a few months ago.

With Cash or Credit Card

How Bitsqaure works are beyond the scope of this article. The original plan is to create 21 million BTC tokens. Tto company offers very low fees. Bitcoin continues to be an ultimate investment choice due to the immense probabilities of gains. Bitcoin was created by Satoshi Nakamoto, a software developer. Hardware wallets are small, offline devices that store your bitcoins offline and out of reach rrddit hackers and malware. If it sounds too good to be true, stay away. However, the credit card can increase the credit line if the exchange is considered as a purchase to enable you to spend more on Bitcoin exchange. Is it risky giving up my ID in order to buy? Electrum, CoPay, Bitcoin Core. The reason for the statement is that after the collapse of the Lehman Brothers, Banks stopped lending to their peers and other financial entities for fear that the institutions had issued bad loans in the reddit easiest way to buy bitcoin bubble burst. The only difference is the device, which in this case is a desktop computer or laptop. Out of the exchanges we listed, CEX. Lucia St.

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How can i buy bitcoin in nyc

You may or may not be aware: we have applied within the required timeframe and have a provisional license to trade bitcoins for cash legally with in and out of state residents and businesses alike! If you never plan to visit or do business in the US, then by all means sell as much bitcoin to NY residents as you want. I haven’t seen a clear definition of this term but if you look at some of the FinCEN rulings you get the impression that being an MSB has to do with acting as an agent in a transaction between other parties. The investment clause exempts the buyer, not the seller. Ask your question. For example I wouldn’t put much stock in an analysis of the Federal MSB regulations that didn’t explicitly take into account the various FinCEN rulings that have also been published on them.