Buying and selling bitcoin/cryptocurrency

Discussion in 'CryptoCurrency' started by thetokyoproject, Jan 3, 2021.

  1. thetokyoproject

    thetokyoproject Byte Poster

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    Hi Folks, Happy new year.

    I wanted to ask how you folk usually buy and sell crypto. Do you use an online exchange such as coinbase or are there more popular or better exchanges out there?

    Many thanks.
     
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  2. JK2447
    Highly Decorated Member Award 500 Likes Award

    JK2447 Petabyte Poster Administrator Premium Member

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    Hiya mate. It’s been a while but I always use the Coinbase app on my phone. Word of warning tho. I get loads of fake Coinbase emails so watch out for those. Not from Coinbase but Coinbase itself is fine and legit
     
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  3. thetokyoproject

    thetokyoproject Byte Poster

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    Thanks for the tip. I'll take a look.
     
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  4. BizarreChase

    BizarreChase Bit Poster

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    My friend also recommended coinbase. Thanks for the word of caution.

    I not yet into crypto investment but I am considering it. Its value is increasing! Just a question, in the near future can we use cryptocurrencies to transact our day to day needs?
     
    Last edited: Jan 7, 2021
  5. JK2447
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    JK2447 Petabyte Poster Administrator Premium Member

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    Wish I'd kept onto those bitcoin now, now at £30.5k :S
     
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  6. Jaron78

    Jaron78 Gigabyte Poster Forum Leader

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    Was talking to my Uncle about this the other day as he bought some Etherium for about £100 last year. Its now at £800! He was saying he wished he had bought Bitcoin. But its all about hindsight isnt it. I mean, its like saying I wish I knew the lottery numbers for three weeks ago,
     
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  7. JK2447
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    JK2447 Petabyte Poster Administrator Premium Member

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    Yeah all easy in hindsight isnt it. Likely will go back down as quickly as it's gone up, and then back up again ha ha
     
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  8. Company Miss

    Company Miss New Member

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    Buying and selling crypto is like diving into a thrilling adventure, right? Personally, I've had a good experience with platforms like Coinbase. It's user-friendly and great for beginners.
     
  9. duneexplorer

    duneexplorer New Member

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    Many folks start with Coinbase, which is user-friendly and widely known. However, the crypto world offers several exchanges, each with its pros and cons.
     
  10. JennyMckinney

    JennyMckinney New Member

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    Buying and selling crypto often depends on personal preference and location. Exchanges like Coinbase are popular for their user-friendliness, but there are many other exchanges out there, each with its own features and benefits. It's a good idea to explore different options and find what works best for you.
     
  11. Linverbal

    Linverbal New Member

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    When it comes to the crypto hustle, I've found Coinbase to be my go-to—user-friendly and secure
     
  12. Linverbal

    Linverbal New Member

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    But I'm curious: Are there any specific features or perks you're eyeing on other exchanges? The crypto world is full of twists and turns! Do you use a cryptocurrency wallet that splits private keys across multiple devices? I think of trying it. Let me know!
     

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