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Bit coin is a peer to peer transaction system created last year that uses trades to be, conducted by a digital money, the bit coin. Unlike monies given by states, Bit Coin is completely electronic and is separate of any state or market, without ties to some monetary authority, corporation, or business.
How to purchase safely bitcoin with debit or credit card? (Coinbase doesn't work). Please help.
Hello, a friend is trying to but bitcoin with his credit (or debit) card. He is Venezuelan, lives in Venezuela and has an US based bank account, the bank has its Venezuelan address as billing address (he doesn't have a US based address), Uphold, has disabled the option to use debit/credit card. Uphold cannot link his account (ACH) because we suposse it doesn't understand a US based account with a Venezuelan address for a Venezuelan customer (I read contacting support to add his account manually could work, this might be an option but it would take days). He cannot use Coinbase because he is Venezuelan. Any option? His debit/credit card works perfectly to buy at amazon, ebay and so on, but he doesn't find a secure way to purchase bitcoin. Is there a site that you can do a direct wire transfer? That would be an option...
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I have just purchased my first Bitcoins... are my Bitcoins safe?
I have just purchased my first Bitcoins after weeks of learning how it works. For now they are in my online wallet on the website I used to buy them, and will transfer them to my hardware wallet as soon as it is delivered. Plan is to HODL. Is that transaction reflected on all existing blockchains now and in the future? The idea of forks is still muddy to me, and what I understood is that fork splits a blockhain into two blockchains and if one dies out then I may loose part or all of my Bitcoins that are only reflected on that blockchain that died out... Since SegWit2X was cancelled for now, fear of the risk from that fork is gone since I now bought before that fork (even if it is implemented in the future, my transaction will still be reflected on both sides of the fork), but are there previous forks or blockhains that are dying out on which part or all of my bitcoins are reflected on as of now? Hope my question makes sense...
CEX is one of the very few Bitcoin exchanges that do not charge a withdrawal fee. The only costs associated with buying Bitcoin on CEX are a low trading fee of just 0.25%. If you want to buy Bitcoin cheaply, do not make use of CEX’s “Instant Buy” feature. Buying Bitcoin through the “Instant Buy” box comes with a hefty 7% fee. Tips to Stay Safe When You Use Bitcoin Exchanges . You know how which Bitcoin exchanges haven’t been hacked and why it’s unlikely that they never will. That said, it’s still a good idea to stay safe — so here are some tips you can use. 1. Beware of Phishing . Bitcoin exchanges aren’t the only victims of phishing attempts. Make sure ... Purchase Bitcoin. Select what you want to buy and pay with debit or credit cards, Apple Pay, or a bank transfer. New to Bitcoin? Download the wallet to get started. Why do I need a wallet? If you don’t already have a crypto wallet, then you need one to start buying and exchanging your Bitcoin. The Bitcoin.com wallet is a great place to start. Sign up to price alerts. We will let you know of ... How to Stay Safe When Buying (or Selling) Bitcoin Locally. Here are some of our tips for staying safe when purchasing Bitcoin locally. As we mentioned earlier, it is generally safe, but scams do exist. Meet in a Safe Location. If you decide to physically meet someone to purchase bitcoin, then meet them in a safe location. That location should ... 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.
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