Deposit money to bitcoin

Содержание
  1. Обмен ЮMoney (Яндекс.Деньги) на Bitcoin (BTC)
  2. Обмен YooMoney RUR на Bitcoin
  3. Безопасность обменных пунктов
  4. Депозит биткоинов
  5. Прибыльные депозиты в биткоины
  6. Куда вложить сами биткоины
  7. How to Buy Bitcoins with Cash or Cash Deposit
  8. Chapter 1
  9. Introduction
  10. Chapter 2
  11. Cash Bitcoin Exchanges
  12. A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
  13. Buy Bitcoin with Cash Exchange Comparison
  14. Chapter 3
  15. Frequently Asked Questions
  16. What are risks are involved buying bitcoins with cash?
  17. What are the benefits and advantages?
  18. What are the disadvantages?
  19. Pro Tip
  20. Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?
  21. Is it risky giving up my ID in order to buy?
  22. Should I leave my bitcoins on the exchange after I buy?
  23. Bitcoin Cash
  24. Chapter 4
  25. Tutorials: How You Can Buy Bitcoins with Cash
  26. How to Use BitQuick
  27. Go to BitQuick
  28. Buy Bitcoins with Cash from Bitcoin ATMs
  29. 1. Go to the Bitcoin ATM Map
  30. 2. Search by Location
  31. 3. Find an ATM
  32. 4. Choose an ATM
  33. LibertyX Review
  34. Trades Near You: Mycelium Local Trader
  35. Chapter 5
  36. Peer-to-Peer Exchange Explanation
  37. Buying Bitcoins at Peer-to-Peer Exchanges
  38. Why Are P2P Exchanges Good?
  39. A Note on Exchange Rates
  40. Best Practices for In-Person Cash Trading
  41. Chapter 6
  42. LocalBitcoins Review
  43. limits and liquidity: How Much Are You Buying?
  44. Supported Countries
  45. What Makes LocalBitcoins Different than Other Exchanges?
  46. LocalBitcoins vs Other Exchanges
  47. Payment Methods Accepted
  48. privacy: Is Your Personal Info Kept Private?
  49. speed: When Are Your Coins Delivered?
  50. Regulation and Reputation: Can You Trust LocalBitcoins?
  51. fees: Are You Paying Too Much?
  52. Customer Support
  53. Chapter 7
  54. Theft, Scams, and Storage
  55. Secure Your Coins: Get a Good Bitcoin Wallet
  56. Secure Bitcoin Hardware Wallets:

Обмен ЮMoney (Яндекс.Деньги) на Bitcoin (BTC)

В таблице ниже указаны обменные пункты, где вы можете обменять ЮMoney (Яндекс.Деньги) на Bitcoin (BTC) по самому выгодному курсу обмена в сети. Подбирая выгодный сайт для обмена, стоит обращать внимание также и на резерв валюты Bitcoin. Все приведенные нашим сервисом обменники проходят тщательную проверку.
Для пользователей, которые в первый раз решили воспользоваться нашим мониторингом BestChange.ru, мы советуем подробное видео , рассказывающее о возможностях сервиса.

WebMoney BL:
Perfect Money TS:
Сумма резервов:
Возраст:
Страна:

Обмен YooMoney RUR на Bitcoin

В таблице вы можете увидеть список пунктов обмена, любой из которых способен совершить ручной или автоматический обмен Яндекс Деньги → Криптовалюта Биткойн. Следует обращать особое внимание на метки, которые иногда располагаются рядом с именем пункта обмена. Для перехода на сайт обменного пункта кликните один раз мышкой по строке обменника. Если вы совершили переход на сайт пункта обмена и обнаружили сложности с обменом валюты, вам следует обратиться к онлайн-консультанту сайта-обменника. Вполне возможно, что на данный момент автоматический обмен ЮMoney (ЯД) на Bitcoin (BTC) невозможен и вам предложат обмен вручную. Если же выбранный вами пункт обмена так и не смог поменять Yandex Money на BitCoin cryptocurrency, пожалуйста, оповестите нас. Мы своевременно примем соответствующие меры: рассмотрение проблемы с администратором обменного пункта, или же удаление обменного сайта из листинга текущего направления обмена.

Спешим заметить, что переходя на вебсайты-обменники именно с нашей системы мониторинга, вы можете обнаружить более интересный курс ЮMoney → Биткоин, нежели при обыкновенном посещении пункта обмена. Если у вас возникли проблемы с алгоритмом обмена электронных денег, мы советуем посетить раздел FAQ и воспользоваться подробной инструкцией использования сервиса.

Применяйте Калькулятор для точного подсчета отдаваемой или получаемой суммы. Вы всегда можете подробно изучить Статистику курсов и резервов. Если обменные курсы вас не устраивают, используйте функцию Оповещение – задайте свои условия, и при появлении подходящих курсов вы получите уведомление на электронную почту или же на Telegram. Если обменные пункты не показаны, вы, в любой момент, можете использовать Двойной обмен и найти подходящий вариант двух обменов с помощью транзитной валюты.

Безопасность обменных пунктов

Каждый из обменных пунктов, присутствующих на нашем сайте, был тщательно проверен перед добавлением, при этом команда BestChange непрерывно следит за надлежащим исполнением ими своих обязательств. Использование мониторинга позволяет повысить безопасность проводимых финансовых операций в обменных пунктах. При выборе обменного пункта, пожалуйста, обращайте внимание на отзывы других пользователей, размер резервов и текущий статус обменника на нашем мониторинге.

Источник

Депозит биткоинов

Активное развитие систем криптовалют сделало максимально прибыльными инвестициями вложения, прежде всего, в Bitcoin. На сегодняшний день цифровые монеты можно не только добывать и зарабатывать. Достаточно широкий ассортимент товаров представлен в интернет магазинах за биткоины. Помимо этого постоянно увеличивается пользовательская аудитория, которую интересует, что такое депозит биткоинов и как его можно отправить другому участнику сообщества.

В соответствии с актуальной статистикой, даже с учетом рекордной коррекции курса ВТС, капиталовложения в данный цифровой актив имеют неплохие перспективы. При этом мнения экспертов относительно потенциальной доходности подобных инвестиций разделились.

Прибыльные депозиты в биткоины

Само понятие «депозит» прочно вошло в обиход многих пользователей, зарабатывающих на просторах всемирной паутины. Например, многие поклонники цифровых денег и азартных развлечений интересуются новыми биткоин казино без депозита, позволяющими при минимальных затратах пополнить электронный кошелек в случае выигрыша. Не менее популярным сейчас стал заработок монет на специализированных, криптовалютных биржах.

Сторонники пассивного дохода особое внимание уделяют анализу возможностей вложить свои фиатные и электронные средства под проценты. С учетом растущей популярности стоит рассмотреть основные плюсы и минусы подобных вкладов и понять, насколько выгодно инвестировать в крипту. К главным положительным моментам относятся:

  • возможность дополнительно заработать на росте курса ВТС,
  • получение прибыли не предусматривает каких-либо манипуляций,
  • максимально выгодный, в сравнение с классическими банковскими депозитами, процент по вкладам.

Естественно, присутствуют и явные минусы. Поскольку индустрия виртуальных денег пока еще слишком молодая, существует ряд определенных проблем, включая технические. Однако на сегодняшний день основным недостатком подобных инвестиций можно назвать повышенный риск. И речь в данном случае идет о закрытии бирж, а также хакерских атаках на сервисы и кошельки пользователей. Не стоит забывать и о рекордной волатильности криптовалюты.

Куда вложить сами биткоины

Многолетней практикой доказано, что именно пассивный доход от грамотных инвестиций является наиболее стабильным способом получения прибыли. В плане заработка на дивидендах первая в мире цифровая монета не является теперь исключением. На данный момент многие держатели виртуальной валют уже задумываются не над тем, как сделать депозит биткоинов, а куда вложить сами монеты под хорошие проценты, чтобы как можно больше заработать.

Сейчас в распоряжении трейдеров и потенциальных инвесторов имеется целый перечень эффективных инструментов, включая Биткоин конвертеры. При этом наиболее популярными вариантами для вложений ВТС остаются специализированные фонды и биржи. Но, несмотря на всю привлекательность подобного способа получения прибыли в криптовалюте, следует помнить о мошеннических схемах и к выбору проектов относится с соответствующей осторожностью.

Одним из ключевых критериев являются отзывы реальных участников. На сегодня свои услуги в рассматриваемой отрасли предлагают многие фонды. Однако далеко не все из них гарантируют получение реальной прибыли.

К наиболее выгодным объектам для вложений цифровых монет являются майнинговые пулы и облачные сервисы. К наиболее надежным сервисам можно с уверенностью отнести My Daily Coin, EOBOT, CoinTellect, CEX и другие. Помимо этого обеспечить стабильный доход может инвестирование в биржи с расчетом на рост курса ВТС. Но, независимо от выбора ресурса, настоятельно рекомендуется проверять платежеспособность проектов на небольших суммах.

Источник

How to Buy Bitcoins with Cash or Cash Deposit

We can both agree on this:

Buying bitcoins with cash is confusing!

Luckily, today I’ll show you how easy and fast it can be.

We’ve collected the best exchanges and listed them for you below.

Chapter 1

Introduction

Why buy bitcoins with cash?

  • It’s private and usually quick
  • One of the easiest ways to get bitcoins

Converting your cash to bitcoin can get you bitcoins within a couple of hours.

Make sure you have a Bitcoin wallet before you buy since some of the exchanges below require one.

Buying bitcoin with cash usually has very high fees. For lower fees, try one of the exchanges below and deposit using bank transfer or credit card:

  • Exchange based in Canada
  • Very high buy and sell limits
  • Supports Interac & wire

This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

We suggest using the exchanges listed below or doing research before buying from any exchange.

Many exchanges are simply trying to steal your personal information (like your password).

We do research on every exchange we list and are very careful not to include scam exchanges on our site.

Chapter 2

Cash Bitcoin Exchanges

It’s possible to buy bitcoins with cash on LocalBitcoins via cash trade in-person or with cash deposit.

A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:

  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller’s account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins! The coins will arrive in your LocalBitcoins wallet.

The above guide was meant to give you an idea on how LocalBitcoins works.

If you want more information, read our full guide on how to use LocalBitcoins.

LocalBitcoins is private and does not require any personal details or verification, although specific sellers may request this info.

Be sure to buy from sellers with previous trade history and positive feedback.

Local Bitcoins charges a flat 1% fee on each purchase.

  • Can be private, fast and easy
  • In-person trades require no personal information
  • Purchases of bitcoin can be made quickly via cash deposit
  • Beware of scams; always follow the rules!
  • Harder to buy large amounts of bitcoins compared to large exchanges
  • Slightly to significantly higher prices than regular exchanges; premium for higher privacy

LibertyX lets you buy bitcoin with cash at a number of retail stores across the United States.

You’ll have to verify your identity before buying, making LibertyX less private than some of the other options.

You can buy up to $1000 worth of bitcoin and will be charged a 1% fee on all purchases.

If you sign up with Facebook you can buy your first $1000 fee free.

Your bitcoin should arrive a few minutes after your payment is made.

  • Easy and fast way to buy bitcoins with cash
  • Low 1.5% (plus store fee) rate for cash purchase method
  • Daily $1000 limit is fairly high for a convenience service
  • Participating stores add their own variable fee
  • Some verification is required which lowers the expected privacy level of cash purchase
  • Attaching your Facebook account further degrades privacy

Our Bitcoin ATM map helps you find a Bitcoin ATM in your local area.

Using Bitcoin ATMs you can buy bitcoins with cash ONLY.

The average ATM charges a fee of 5-10%, but this is what people are willing to pay to buy bitcoins privately and with no verification.

There are many Bitcoin ATM manufacturates, so each ATM is different. Some require verification, although most don’t.

  • Our map makes it super easy to find a Bitcoin ATM near you
  • Bitcoin ATMs often have 5-10% fees per purchase

Buy Bitcoin with Cash Exchange Comparison

Обменник Отдаете Получаете Резерв Отзывы

1%

Exchange Fees ID Required Countries
LocalBitcoins 1% Sometimes Global
BitQuick 2% Yes USA
Wall of Coins No 12 Countries
LibertyX 1.5-8% Yes USA

Chapter 3

Frequently Asked Questions

If you’re still a bit confused, that’s okay. Buying bitcoins is hard and that’s why I built this site.

The FAQ section below should answer all of your remaining questions.

What are risks are involved buying bitcoins with cash?

Buying bitcoins with cash can be very low risk.

If making a trade in-person, it’s best to meet in a public place to reduce the risk of scamming or theft.

If buying bitcoins with cash via cash deposit, use an escrow service (like LocalBitcoins or BitQuick) to ensure the seller must send you the bitcoins after receiving bitcoins.

What are the benefits and advantages?

It’s easy to buy small amounts of bitcoin with cash.

It’s also private, since no personal information is required in most cases, especially if trading in person or at an ATM with no verification.

Buying bitcoins with cash is also fast, as there is no verification to slow down the process.

What are the disadvantages?

It can be hard to buy large amounts of bitcoins with cash, especially with cash deposit.

Bitcoin ATMs also have limits and some require verification if more than a certain amount is purchased.

Pro Tip

Do you want to buy larger amounts of bitcoins? Try buying with a bank account and you’ll save on fees, too.

Why do Local Bitcoins and Bitcoin ATMs have a higher price than other exchanges?

The average buy price on Local Bitcoins and Bitcoin ATMs is usually 5-10% higher than the average global rate.

Unlike other exchanges, which require ID verification and personal information, Local Bitcoins and Bitcoin ATMs don’t require any information like this.

The 5-10% premium on LocalBitcoins and at ATMs is simply the cost people are willing to pay for privacy when buying bitcoins.

Is it risky giving up my ID in order to buy?

It depends how much you trust the exchanges.

Just like any information you give up online, there is always the risk that it can be hacked or stolen from the website you give it to.

One thing that Bitcoin exchanges have going for them is that because they are constantly under attack, they have some of the best security and protections in place to protect against the hacking of your personal info.

There is always risk with anything related to information online.

Even Yahoo was hacked and information on 1 billion accounts was stolen.

Should I leave my bitcoins on the exchange after I buy?

We really recommend storing any bitcoins you want to keep safe in a wallet you own.

Many Bitcoin exchanges have been hacked and lost customer funds. If you don’t want to fall victim to these hacks then the easiest way is to store your coins in a wallet you control.

Bitcoin Cash

You can buy Bitcoin Cash using cash from most or all of the methods and dealers listed on this page.

Chapter 4

Tutorials: How You Can Buy Bitcoins with Cash

How to Use BitQuick

BitQuick is one of the best ways to buy bitcoins with cash in the United States.

It charges 2% per buy but the exchange rates are generally better than LocalBitcoins.

We will show you how to make your first purchase in the tutorial below.

You will NEED a Bitcoin wallet before you can buy from BitQuick. Don’t have one? Read our guide.

Go to BitQuick

You will see the home page. Then, click «Quick Buy»

Enter the amount you want to spend. You can enter in dollars or BTC, the fields will update automatically.

You should now see a list of banks with prices:

You can pick any bank, and banks with the lowest prices will show up first.

Once you picked a bank you will be required to fill in some details. This includes your email, phone number, and Bitcoin address. You can also change the amount of Bitcoin you want to receive.

Make sure you put in your phone number and press «SEND VERIFICATION». This will send a PIN code to your phone that you need to confirm.

Once you put in your details press «PLACE HOLD». This will lock in your order.

Now you will need to find a bank branch of the bank you chose in your area. Then you go into the bank, make a deposit, and save the receipt.

Go back into BitQuick and upload the receipt to the seller. This proves you made the deposit.

Bitcoins should arrive to the address you entered earlier within 3 hours!

Buy Bitcoins with Cash from Bitcoin ATMs

Bitcoin ATMs are another great way to purchase bitcoins with cash!

Think of a Bitcoin ATM as a cash to Bitcoin converter.

While you may have to physically drive or walk to the ATM, once you reach the ATM you can buy bitcoins instantly. You’ll need to be lucky enough to have a Bitcoin ATM in your area.

Our Bitcoin ATM map helps you find locations makes it easy to locate a Bitcoin ATM in your area.

You can do the following to check if there is a Bitcoin ATM near you:

1. Go to the Bitcoin ATM Map

2. Search by Location

In the search box in the top left, type in the name of your country or city and click enter.

3. Find an ATM

Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.

4. Choose an ATM

Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.

While Bitcoin ATMs make it easy to buy bitcoin with cash, there are some downsides:

Bitcoin ATMs generally sell bitcoins at a mark-up of 5-10%.

Before you buy bitcoin from an ATM, check the ATM’s price against a Bitcoin price index like our Bitcoin price page.

Some ATMs may require verification, like a picture of an ID or a finger print scan (although most don’t).

LibertyX Review

Now that you know a bit about LibertyX we’ll show you how to use it. Once you’ve downloaded the app from the Apple App Store or Google Play Store, open it and you should see a screen like this:

Enter the amount of bitcoins you want to buy and then press «NEXT». You should now see a screen with some options. If you want to find a store near you to buy then click «Find Store». Now you’ll see a zoomed out map.

Put in your location or allow the app to see your current location. You should then see a zoomed in map with pins displayed the many locations you can buy from:

Now tap on a pin and then tap «SELECT THIS LOCATION»:

You will get more information on the location, like the store’s hours, fees, phone number, and instructions for buying the coins:

In the next step you will need to login with Facebook or make an account:

Once you login you will also need to link your phone number.

Once you confirm your phone number you can get your LibertyX code that you show the store!

At the store you present the code to the cashier and pay for the amount of coins you want. The cashier will then print out another code that you enter into the LibertyX app. Once you enter the code from the cashier you receive bitcoins!

Trades Near You: Mycelium Local Trader

Mycelium Local Trader is part of the Mycelium Bitcoin Wallet for Android.

If you live in a city, you’re in luck:

There may be a number of sellers in your area.

Make sure you meet in a public space. Going with a friend is best, too. There have been reports of scams and robberies, so just make sure you take precautions when buying.

Once you download the app, click Buy/Sell:

Once you enter your location you should see a list of local sellers:

Click on a seller for more info:

Again, make sure you buy from sellers with good feedback! If you meet, meet in a public space and go with another person.

Chapter 5

Peer-to-Peer Exchange Explanation

The exchanges mentioned above (LocalBitcoins and Bitquick) all work in almost the same way.

This section aims to provide more clarity on how a trade might work using one of these exchanges.

Buying Bitcoins at Peer-to-Peer Exchanges

Peer-to-peer (P2P) Bitcoin exchanges are a great way to get bitcoins with cash. A P2P trade usually works something like this:

  1. A buyer and seller use a site like LocalBitcoins and agree on a price.
  2. The seller’s bitcoins are held by the site and only released to the buyer upon confirmation of payment.
  3. The buyer deposits cash into the seller’s bank account.
  4. The seller confirms payment. Usually, the buyer sends the seller a receipt to prove that cash was deposited into the seller’s account.
  5. The site (LocalBitcoins or BitQuick) releases the bitcoins to the buyer.
  6. The seller got cash, and the buyer got bitcoins. The trade is complete!

The above was just an example!

Through sites like LocalBitcoins you are free to agree on other payment methods besides cash deposit.

You could arrange to meet in person and exchange cash for Bitcoin.

Yes, using LocalBitcoins you can even exchange that Starbucks gift card from Christmas a few years ago for bitcoins 😉

Why Are P2P Exchanges Good?

  • No verification is required. You don’t need to submit any personal details and there is no verification process that takes up time.
  • Cash payments are irreversible. Once cash is in someone’s bank account, the buyer of bitcoin has no way to reverse the transaction. So the seller can feel confident that he received payment for bitcoins, and release the bitcoins to the buyer.

A Note on Exchange Rates

Peer-to-peer Bitcoin exchanges offer a fast way to buy bitcoins.

Peer-to-peer exchange rates may be a bit higher than the global average Bitcoin exchange rate.

People are willing to pay more to buy bitcoins both more privately and faster. The markup is usually somewhere around 5-10% on LocalBitcoins.

Check the against a Bitcoin price index like Bitcoin Average or the CoinDesk BPI.

Best Practices for In-Person Cash Trading

If you decide to meet up with another person then make sure to take some precautions.

Meet in a public area. Most trades will go through fine but a search on Google shows people getting robbed or scammed at in-person trades.

Bring a friend. If possible, try to bring along a friend or family member just so you’re not alone.

These tips are not meant to scare you and there is nothing wrong with trading bitcoins. But when dealing with any amount of money or trade it’s best to be safe.

Chapter 6

LocalBitcoins Review

LocalBitcoins is a global Bitcoin exchange that gives a lot of options to its users.

From being able to use nearly any payment method to buying Bitcoins with fewer privacy restrictions, LocalBitcoins is a great place to buy Bitcoin with cash.

Before getting into the details, here are some good and bad things to know about LocalBitcoins:

  • LocalBitcoins is one of the most private ways to purchase bitcoins
  • In some countries it is the only way to buy bitcoins
  • It allows you to buy bitcoins with many payment methods
  • There are many scams and you need to use caution

limits and liquidity: How Much Are You Buying?

LocalBitcoins itself does not impose any limits on its users. Users are free to decide on their own prices and limits.

  • No buying or selling limits imposed by LocalBitcoins
  • Some sellers will require ID verification for larger amounts

Supported Countries

LocalBitcoins is available in nearly every country. Liquidity will depend on the amount of buyers and sellers in your area. LocalBitcoins is not available in Germany or the state of New York. LocalBitcoins left New York due to the BitLicense.

What Makes LocalBitcoins Different than Other Exchanges?

The difference between Local Bitcoins and most exchanges is that with Local Bitcoins, you must physically meet up with or connect digitally to the person you are buying from or selling to.

Local Bitcoins also used to be a great way to buy and sell Bitcoins anonymously, however Local Bitcoins did roll out KYC in March of 2019 on all customers who buy and sell a certain amount of coins a year.

LocalBitcoins vs Other Exchanges

Here is LocalBitcoins compared to some other top exchanges:

  • Exchange based in Canada
  • Very high buy and sell limits
  • Supports Interac & wire

This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.

Payment Methods Accepted

LocalBitcoins users are free to buy and sell using any payment method. The payment methods available to buyers will depend on what’s available in your location.

  • Wide range of payment methods available
  • Many payment methods should not be used; like PayPal or any reversible payment methods

privacy: Is Your Personal Info Kept Private?

LocalBitcoins requires email and phone verification for all users. It requires ID verification for users trading over 1000 euro.

speed: When Are Your Coins Delivered?

The speed at which your bitcoins are available will depend on payment method.

  • Buys made with cash deposit generally deliver bitcoins within 1 hour
  • Speed of delivery is entirely dependent on seller confirming payment, so at times it can take a while (although it is generally within 15 minutes)

Regulation and Reputation: Can You Trust LocalBitcoins?

LocalBitcoins was one of the first peer-to-peer Bitcoin exchanges, and the largest one today.

  • Even though it’s trustworthy, users should not store bitcoins in the «LocalBitcoins wallet»
  • Reputation of exchange is good, but need to check reputation of each user on the exchange

Most problems with LocalBitcoins are a result of trading with a new user or one with multiple bad feedbacks.

Be sure to only trade with users who have a history of making trades.

You can view any user’s feedback history by looking at their profile:

In this case, the user has made 11 trades with three different trading partners. The user has a 100% success rate, meaning there were little or no issues with scams during his trades.

The user above would be a good user to trade with!

fees: Are You Paying Too Much?

LocalBitcoins charges a flat 1% fee on all trades.

  • Even though fees are low, prices may be inflated depending on payment method

Customer Support

LocalBitcoins offers support via a support ticket system.

  • Support is usually quick to respond to all issues
  • LocalBitcoins offers forums where you can request help from other users of the platform

Chapter 7

Theft, Scams, and Storage

If you get one thing from this article let it be this:

Don’t store your bitcoins on exchanges.

I’ve been buying bitcoins for more than three years. I’ve never lost any money to scams or thefts. Follow the guidelines in this article and you’ll be able to do the same.

Here are two examples where users got screwed by leaving bitcoins on exchanges:

And there are many more I could list.

If you’re buying with cash from an ATM you won’t have to worry about this, since ATMs always send bitcoins directly to a wallet or Bitcoin address.

If you’re buying from BitQuick or LocalBitcoins:

Make sure to move the coins you bought to your own wallet right after you buy!

Secure Your Coins: Get a Good Bitcoin Wallet

Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins.

Besides storage, there are many scam exchanges out to steal your personal information and/or bitcoins.

Following these two basic principles should help you avoid theft, scams, and any other loss of funds:

  1. Do research before buying on any exchange. Check reviews, ratings, and regulation information.
  2. Don’t store coins on the exchange. Already mentioned above but worth repeating.

Secure Bitcoin Hardware Wallets:

We Help The World Buy Bitcoin

Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Buy Bitcoin Worldwide is for educational purposes only. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisers, or hold any relevant distinction or title with respect to investing. Buy Bitcoin Worldwide does not promote, facilitate or engage in futures, options contracts or any other form of derivatives trading.

Buy Bitcoin Worldwide does not offer legal advice. Any such advice should be sought independently of visiting Buy Bitcoin Worldwide. Only a legal professional can offer legal advice and Buy Bitcoin Worldwide offers no such advice with respect to the contents of its website.

Buy Bitcoin Worldwide receives compensation with respect to its referrals for out-bound crypto exchanges and crypto wallet websites.

Wallabit Media LLC and/or its owner/writers own Bitcoin.

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