G
Goldie
Specialist
- Sep 6, 2018
- 307
There a few people that have asked Qs re buying BTC/Bitcoin, mostly re buying N from A. I hope those who know can address those Qs here.
I will start with what I know:
Some notable points:
* BTC can be purchased with only a credit card/bank transfer, using just a web-based wallet. You do not need software on your PC or need to download the whole blockchain, or need any technical know-how. Whereas you certainly can run your own bitcoin-node to purchase BTC you do not need to.
* BTC is significantly lower-risk than using WU/MG. I have had a WU transaction cancelled when trying to buy N from A.
* BTC exchanges can restrict its customers to certain areas/countries. This restriction only applies to the source credit/debit cards, banks etc. not the beneficiary of your transaction.
Recommended BTC Exchanges that provide web-based wallets:
EU: Bitpanda <-- I used them to successfully buy N from A
US: Coinbase , circle.com
Austrailia: Coinspot
See also: www.bitcoin.com/buy-bitcoin ; bitcoin.org/en/wallets/web/
I will start with what I know:
Some notable points:
* BTC can be purchased with only a credit card/bank transfer, using just a web-based wallet. You do not need software on your PC or need to download the whole blockchain, or need any technical know-how. Whereas you certainly can run your own bitcoin-node to purchase BTC you do not need to.
* BTC is significantly lower-risk than using WU/MG. I have had a WU transaction cancelled when trying to buy N from A.
* BTC exchanges can restrict its customers to certain areas/countries. This restriction only applies to the source credit/debit cards, banks etc. not the beneficiary of your transaction.
Recommended BTC Exchanges that provide web-based wallets:
EU: Bitpanda <-- I used them to successfully buy N from A
US: Coinbase , circle.com
Austrailia: Coinspot
See also: www.bitcoin.com/buy-bitcoin ; bitcoin.org/en/wallets/web/