How do I buy my first Bitcoin

[TheFurnitureMan]

Good Afternoon All,

Hope everyone is enjoying their day. I am looking for some advice on how to get started.

Any help will be appreciated.

Regards
TheFurnitureMan

[iFixBTCmemoryIssues]

Good Afternoon All,

Hope everyone is enjoying their day. I am looking for some advice on how to get started.

Any help will be appreciated.

Regards
TheFurnitureMan

Welcome!!!!!!!!!!!!!

Use a service such as coinbase.com or localbitcoins.com!

If you plan to purchase a large amount of Bitcoin's for storage, you can use the above services and then transfer the coins to cold-storage.

You can find additional information here: https://www.bitcoin.com/choose-your-wallet

[mjglqw]

Like the dude above me said, there are lots of choices. Coinbase, Circle, etc.

In my opinion it looks like you haven't done your research. Please read about bitcoins first before diving into this currency. It could save you from a lot of headaches and problems in the upcoming future.


Here's a guide: beginners-help/bitcoin-basics-faq-t11498.html

[Hhampuz]

I bought my first through a Swedish exchange, but later on I've only used localbitcoins for my transactions, just remember to be very cautious when using localbitcoins. Safety is always key.

[Rmcdermott927]

It depends on the country you live in. Local bitcoins is a good way to find someone for face to face deals.

There are services such as coin base and circle but they tend to be somewhat intrusive with their KYC practices.

[TheFurnitureMan]

Morning All,

Thank you for your reply.

I have been given some advice at the London conference. I am doing all I can to educate my self before I purchase these.

I am based in London so not quite sure if there is local exchange/bank etc I can buy from.


I have already done the following:


1) Bread Wallet (Account Created)

2) Bitstamp Account (Verified)

3) Circle (Just picked up from conference but nothing done about it)

4) Airbit Wallet

I also understand that I have to send EUR to Bitstamp which will be converted to USD and then I can buy the bitcoin. Ofcourse this is a 5/7 day procedure.

I also understand i should buy in blocks of 10 bitcoin (leverage the cost of purchase).

If there is anything else you think I can do or point me towards right direction, I will be very grateful to you.

Regards
The Furniture Man

[TheFurnitureMan]

Thanks mjglqw,

Will do all my research now !

Thank you everyone for replying.

Regards
TFM

[CEX.IO]

Hi!

I am representing CEX.IO Bitcoin exchange. On our platform, you can easily buy Bitcoins with your ordinary VISA/MasterCard, debit or credit card. It can be in any currency.

All you need to do is link your card to profile, add funds using that cards and buy bitcoins. Very simple and intuitive. We have also developed a special interface for Bitcoin beginners:



CEX.IO is registered in the UK and has been operating since 2013. We provide services to users from 99% countries of the world. Our support team is working 24/7, ready to assist you in any issues.

Let us know if you have any questions.

[TheFurnitureMan]

Morning Nickel Bitcoiner,

Thank you for your reply. Were you there at the London conference 2 weeks ago?

Is the price the same when we use your platform to buy?

Are you based in UK?

Can I come and visit you?

Thanks
Anuj

[Decoded]

You could try BitSquare, the one and only decentealised trading platform. It's still relatively unknown, but here's a review with a brief overview on how to trade, written by yours truly.

http://www.coinopoly.xyz/BitSquare-review/

[TheFurnitureMan]

Good Evening All,

I have been able to buy the bitcoin directly from someone. What I am now looking to do is buy them on a regular basis. I have been told bitstamp is a good one, The only issue is they only accept payment from personal account and not from a business account.

The money has to be sent in Euro's and then it will be converted in US. This means one would have to pay for two exchange rates.

Perhaps someone might have a better idea, what do you think of Kraken?

Thanks
TheFurnitureMAN