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A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Warning - Buying Bitcoin through TrustWallet - misleading quotes - high fees
Hi all, Usually I use Cashapp to buy my Bitcoin (weekly, I DCA) and then I store in in Trustwallet, which is a mobile wallet owned by Binance. I noticed they added a "buy BTC" option directly in the TrustWallet app, so I gave it a shot. Unfortunately, they outsource the actual crypto buying process to a sketchy company, which uses misleading tactics. As you can see from this screenshot: https://i.imgur.com/eknji0Z.png US$5000 was to purchase 0.41635 BTC, an amount that I'm happy with. However, at checkout, they change the deal to this: https://i.imgur.com/oSQoNPd.png In simple terms, they wanted to sell me 0.43092 BTC for $5000, and then added a $175 "processing" fee. That's more Bitcoin than I wanted to buy, more fiat than I wanted to spend, and it brings the base price of the bitcoin from $11,603, to $12,009, a far larger number. I would have no problem with this if they were upfront about the fees and what they are doing, but now I have sour taste in my mouth. I've been into crypto for a little while. Can you imagine how predatory this would seem to a new user who's going through their first buy? This is my first post, so I hope I did it properly.
I have an issue of buying bitcoin as a Swedish citizen.
I am continuously trying to buy Bitcoin on main crypto exchanges, but my bank is not letting me do a big amount transactions. Bank blocks transactions anytime I do them. Is there any good and sure solution to buy bitcoin in Sweden? I am planning to purchase 5 of them. Thanks in advance.
Buying Bitcoin is like buying an Uno Reverso card against Government Fiat’s inflation. 21Million Bitcoin÷(FiatCurrencies×Inflation) = Uno UnoReverso Bitch= ₿💵Deflation = Price💰Per BTC goes up 📈 Forever. As long as inflation exists.
Isn't there any way of buying bitcoins anonymously?
I lost more than 200 euros trying to buy bitcoins anonymously but every try was a fail. Every time it ended with the obligation of verifying my ID. Why do I have to verify my ID for my money? It's like asking for the documents of the house that you have been living the last 10 years in...
Hey guys, quick question. I'm planning on getting back into buying bitcoin, hopefully $50 or a week to cost average it out. I have some pounds in a UK bank account. Would it be better to buy from a site (which one?) and then transfer to my wallet or transfer the pounds to nzd and buy from here (also which site? I have kiwi-coin, local localbitcoin and an easycrypto accounts) Any suggestions would be greatly appreciated!
I bank with Barclays and I've just come off the 'phone with a personal adviser, who told me the following: 1/ While Barclays does allow the purchase of Bitcoin, it is only allowed through a special kind of 'investment account' and not from a normal current account. 2/ This is to 'protect' customers. 3/ It's Barclays' policy and is non-negotiable. 4/ And therefore, no - I can't buy Bitcoin online using my debit card. Leaving side the dubious reasoning and that Barclays seeks to protect me from myself, how do I go about buying crypto in the UK? I don't want to trade cash with an unknown character in a dimly-lit car park, yet it seems that normal routes of online purchase aren't available to me.
There are 2,208 billionaires in the world. Big bait attracts big fish. This wave will be the early adoption phase in the Billionaire class. Most Billionaires won’t consider buying Bitcoin until it’s worth $1 million per BTC.
The next 10 years are going to be even more amazing than the first 10 years. Market saturation feels likely in that timeframe.
Own Bitcoin in just a few minutes. Create an account. Get started is fast, secure, and designed to keep your personal info safe. Verify your identity. To prevent identity theft or fraud, you’ll need a photo ID to make sure it’s really you. Buy Bitcoin. Get started with as little as $25, and you can pay with a debit card or bank account. Bitcoin.org is a community funded project, donations are appreciated and used to improve the website. Make a donation Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH. Bitcoin is the largest and most widely adopted cryptocurrency. It has built-in scarcity, with a total of just 21 million bitcoins ever entering the system. You can safely and reliably buy, sell, send and store Bitcoin at LiteBit. Official Website. Buy Bitcoin. Discover more assets like Bitcoin # Name Price; 1. Bitcoin Cash BCH € 221.648-3.83%. 2. Cardano ADA € 0.09084-3.31%. 3. Chainlink ... Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide.
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