As someone who is very wary of bitcoin I've never given a fuck to actually use it. What are some trustworthy websites with as few (or none) jew fees as possible? I understand there's a transaction fee of some really small amount that always applies?
the more anon you get the more the fee to buy bitcoin with usd will be.
There's localbitcoins- meet people in real life There's bitcoin ATM- some atms do ask for Id but some work just like a vending machine-not best conversion rates but best annonymity. Coinbase- no anonymity- but easy and low fees
here are some starter links to bitcoin info and personally I would like to use monero https://www.bitcoin.com/ https://www.monero.how/why-monero-vs-bitcoin https://www.getmonero.org/
For monero hardware wallets-ledger and trezor are currently basically the only hardware wallets compatible with both bitcoin and monero and have best security so you don't keep your funds on some online 3rd party account.
Added a monero wallet
YAY! thank you!
I have no real crypto now, but coinbase rapes you.it reminds me of buying/selling gold: You get fucked hard on both sides of the transaction.
Use pro.coinbase.com instead of www.coinbase.com, two websites with different fees, both are the same company and your account works on both. It is how they charge newbs more, market segmentation.
Tip: swap all your coins to Nano before cashing out- it has the lowest rates.
And the gold market is flooded with Fiat gold to keep the price artificially low
Localbitcoins dropped cash in person a couple years ago
Localbitcoins stopped doing cash in person a couple years ago.
Paxful seems to welcome scammers.
Agoradesk. XMR and BTC. Not your keys. But probably best alternative.
Bisq. Desktop software so not many users.
Localcryptos has been dropping payment options. Not sure how long cash in person will last.
Localcoinswap more European I think.
Mycelium Android only, mostly scammers.
From what I gathered there is no "or Monero" you still need a crypto to buy it. Is there a way to buy it with PayPal or a CC?
other than in person, I have not found a way without going onto some 3rd party marketplace that will ask for ID verification.
Like all crypto, you're paying a $20+ fee per transaction.
If you manage your own wallet, you CAN do it for free.
Otherwise, just use Coinbase and be sure to activate all the two factor authentication. It's a pain in the ass, but it sucks more to have your Bitcoin stolen. (Speaking from experience.)
Coinbase wants my name and stuff. That's a 100% no. I was going to try https://www.exodus.com/?utm_source=Investopedia&utm_medium=affiliate&utm_campaign=spring_2021
But there's no option to buy bitcoin??? Do I buy bitcoin on a site and have it sent to my wallet ID? Then landed on this = https://electrum.org/#download
Which seemed better? But how do I generate a permanent wallet address?
I've never used Exodus, but if you want, I'll try to set it up for myself, so I can better understand how to help you.
In order to manage your own wallet for free, you will need to download a companion program and the blockchain for that cryptocurrency.
This means that you will host a very large file on your computer, which... isn't for everyone, but fine for some.
I suspect most crypto managers will require your financial information, at some point. The only way to do it totally anonymously is to download the blockchain and companion program.
You can use Metamask and Wyre. Still going to be a $20+ transaction fee.
Go to https://coinatmradar.com/ and find ATMs near you.
Some need ID, some (most) don't.
Some require a wallet, some provide you with one. In any case, transfer the sum into another wallet you have created.
Then transfer from that wallet to Poal wallet. Don't transfer straight from the atm wallet because they might have a blacklist in place.
It has some quirks but it's not rocket science.
Use Electrum and you won't have to download the whole blockchain.
Some ATMs support Ethereum as well but I'm not familiar with this process.
I'm actually using a cold wallet, so I don't have much experience with these third party websites (adding that I don't really trust them).
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