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How can I buy bitcoin?

Discussion in 'BlackHat Lounge' started by Jensw01, Jul 12, 2017.

  1. Jensw01

    Jensw01 Junior Member

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    Can someone explain this to me briefly? Which sites, via paypal, etc.

    Just starting my journey in cryptocurrencies
     
  2. Wolfgar

    Wolfgar Jr. VIP Jr. VIP

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    LearnBitcoinTrading.com

    There is a walk through with setting up a first wallet and buying bitcoin
     
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  3. HoNeYBiRD

    HoNeYBiRD Jr. VIP Jr. VIP

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    Virwox.com
    You can use PayPal or credit card.

    USD -> SLL -> BTC

    The fees are relatively high and at first you'll have a $100/day limit.
     
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  4. Wolfgar

    Wolfgar Jr. VIP Jr. VIP

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    In short, you will choose a wallet (sort of like a virtual investing portfolio depending on the one you choose) and you will buy coins or fragments of coins from an exchange. Some wallets have these built in. Every exchange chargers different fees and allows different payment methods. (Bank transfer, paypal, CC, etc) each payment type will have different fees the exchanges charge
     
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  5. MonteCarlos

    MonteCarlos Regular Member

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  6. PersianGuulf

    PersianGuulf Junior Member

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    You can easily buy bitcoins from your blockchain wallet as well.
     
  7. Jensw01

    Jensw01 Junior Member

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    Should I immediately buy a hardware wallet when investing in cryptocurrency? + so it isn't impossible to get your hands on a bitcoin? It's pretty liquid?
     
  8. KartikJha

    KartikJha Junior Member

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    How much money do you have?
     
  9. ak47x

    ak47x Newbie

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    Yes, virvox seems like the best website to buy bitcoins.
     
  10. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    You can just download the client to your PC for free, and back your wallet up often.
     
  11. Black Orange

    Black Orange BANNED BANNED

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    There are tons of sites where you can buy via paypal and many other services :)
     
  12. AzonAtom

    AzonAtom BANNED BANNED

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    Depends on where you from too.
     
  13. Jensw01

    Jensw01 Junior Member

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    I'm from Europe + around 2k to invest .. Not supermuch but would like to put it into cryptocurrencies.
     
  14. roberbers

    roberbers Newbie

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    This was hilarious today! https://twitter.com/CNBC/status/885188538710585346

    Anyway, as I understand that you are newbie in crypto, I suggest you to wait till August. There is something that will go on on August 1st.
    And it can end in various ways for crypto.

    Search for your self and you will learn something eventually :)
     
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  15. Jensw01

    Jensw01 Junior Member

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    I briefly saw that somewhere on a reddit page I think .. I also red that bitcoin will correct in a few days/weeks so I was planning to wait a bit longer .. I'll wait until the beginning of August :) Thanks for the tip!
     
  16. islamea

    islamea Newbie

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    bestchange is one of them
     
  17. Aaric

    Aaric Jr. VIP Jr. VIP

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    I used Wirex app to buy some bitcoins for me.
     
  18. Adlad

    Adlad Jr. VIP Jr. VIP

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    Depends what country you live in, but localbitcoins.com is the fastest and easiest for me. No ID verification and there are sellers that accept local bank transfer (free and instant) and you get your Bitcoins released within a minute or so