Exploring the Best Ways to Buy Crypto

[KingsDen]

Bitcoin is readily available for now and there are different ways to buy it, which the Op mentioned above. But the problem is the privacy factor.

• Anyone who cares less about their privacy can buy bitcoin in any reputable CEX.
• But if we care much about our privacy, we need to sacrifice more to be private. We need to be somewhat tech savvy to be able to use DEXs etc.

But generally, CEXs are the most popular place to buy bitcoin and they are the first contact of newbies in the industry. Some newbies who try the DEX could get scammed if they don't know how things work there.

[Hatchy]

Well I prefer using decentralized exchanges (DEXs) when buying crypto and this is because they give more control and security. With them I'm dealing directly with the blockchain, which resonates with the whole idea of crypto being decentralized but then I do see why some people might choose centralized exchanges (CEXs) since they’re easier to use and have more support. But then it really depends on what you're looking for.. for me, DEXs are the way to go for a safer and more private experience.

[taufik123]

I think we already have our own ways to keep our assets safe, especially since we have been in the crypto space for a long time, so things like this should be more deeply realized to make us more careful.

I think there is no place that is truly safe, it will come back to ourselves. For example, now a hardware wallet can be said to be the safest place, but if we don't take good care of it, it can make us lose our assets.

There is no guarantee of security even though we have been in crypto for a long time, there will always be carelessness committed by anyone when they are careless and underestimate security.

Those of us who have been around for a long time may know how the hack is carried out, but we are unconsciously falling into an undetected trap.

Many phishing links, malware that will infect devices as well as some mobile applications disguise themselves without detection.

I am a hardware wallet user and of course securing the seed phrase must be very good so as not to lose it.

[Altlover]

Well just like I always say , crypto is more like a breakthrough to the digital and online transaction and banking system. Crypto more like put aside the currency barrier when you try transacting across different countries. Almost everything online can now be paid with crypto and it really has made things easier in terms of online transactions.
When it comes to buying crypto, you can either make use of P2P either online or physically or you alternatively buy directly from an exchange especially centralised exchanges since most people are more familiar and feel safer with them. Some centralised exchanges host P2P marketplaces where they act more like an escrow between you and the seller.

You've outlined some key points about cryptocurrency well. Indeed, crypto has revolutionized online transactions by reducing currency barriers and simplifying cross-border payments. As for buying crypto, users have options: acting as intermediaries to ensure safer transactions.

[$crypto$]

I think we already have our own ways to keep our assets safe, especially since we have been in the crypto space for a long time, so things like this should be more deeply realized to make us more careful.

I think there is no place that is truly safe, it will come back to ourselves. For example, now a hardware wallet can be said to be the safest place, but if we don't take good care of it, it can make us lose our assets.

There is no guarantee of security even though we have been in crypto for a long time, there will always be carelessness committed by anyone when they are careless and underestimate security.

Those of us who have been around for a long time may know how the hack is carried out, but we are unconsciously falling into an undetected trap.

Many phishing links, malware that will infect devices as well as some mobile applications disguise themselves without detection.

I am a hardware wallet user and of course securing the seed phrase must be very good so as not to lose it.

That's what I mean, but at least when we've been in this space for a long time we know what to do and what not to do. We also discuss a lot with many people how to maintain assets to minimize risk.

Carelessness is a human trait and it's natural. We must always be able to remind ourselves of something that can harm us. No one knows when bad luck will happen to us, but at least we minimize it with our knowledge.

[Bobcrypto]

Actually there are many options available to buy Crypto and I think that many of the options are very ok. Some crypto users love buying from the decentralized exchanges, while many others prefer buying from the Centralized exchanges. The Centralized exchanges has also many options too, like P2P, debit card etc, and some users buy through gift cards. In addition, CEX exchanges has become the most commonly used means to buy crypto among crypto users globally and its been my best option.

[luckyledger]

Actually there are many options available to buy Crypto and I think that many of the options are very ok. Some crypto users love buying from the decentralized exchanges, while many others prefer buying from the Centralized exchanges. The Centralized exchanges has also many options too, like P2P, debit card etc, and some users buy through gift cards. In addition, CEX exchanges has become the most commonly used means to buy crypto among crypto users globally and its been my best option.

Yep, for me, P2P backed up by a big CEX is a go-to option. Reliable and fast.

[satpol_PP]

Actually there are many options available to buy Crypto and I think that many of the options are very ok. Some crypto users love buying from the decentralized exchanges, while many others prefer buying from the Centralized exchanges. The Centralized exchanges has also many options too, like P2P, debit card etc, and some users buy through gift cards. In addition, CEX exchanges has become the most commonly used means to buy crypto among crypto users globally and its been my best option.

if I prefer to buy bitcoin and crypto on exchanges that already have a good reputation such as binance, Kucoin, Bybit, OKX, gate.io etc. I also buy on local exchanges in my country. We can buy on CEX and DEX according to your wishes and beliefs.

[Themepen]

There is no guarantee of security even though we have been in crypto for a long time, there will always be carelessness committed by anyone when they are careless and underestimate security.

Those of us who have been around for a long time may know how the hack is carried out, but we are unconsciously falling into an undetected trap.

Many phishing links, malware that will infect devices as well as some mobile applications disguise themselves without detection.

I am a hardware wallet user and of course securing the seed phrase must be very good so as not to lose it.

That is right people who are using crypto for long time can still make mistakes and lose their money. Nobody is perfect and even experienced users can get hacked or scammed too. There are many ways hackers or scammers have to steal your money like fake links bad software and fake apps. Like you can make me an example I am in crypto for 7 years. But one day I was making some transactions. And suddenly I got a notification that one of the project which I joined for airdrop now launched I opened that tweet. They have the same name like the original one and they have the blue tick also.I didn't focus on it and I opened the given link in the post. And they ask to connect wallet and they were making transactions from my wallet and asking for confirmation. I confirmed one transaction of $20 of one coin. After that they ask for another. So I understood and disconnect the wallet. Thank God I gave only $20.

By the way using  hardware wallet is good idea but we also should keep our secret code safe. If we make one mistake we can lose everything. So it is good to be careful  and always improve your security to keep your money safe in crypto world.

[yohananaomi]

Actually there are many options available to buy Crypto and I think that many of the options are very ok. Some crypto users love buying from the decentralized exchanges, while many others prefer buying from the Centralized exchanges. The Centralized exchanges has also many options too, like P2P, debit card etc, and some users buy through gift cards. In addition, CEX exchanges has become the most commonly used means to buy crypto among crypto users globally and its been my best option.

if I prefer to buy bitcoin and crypto on exchanges that already have a good reputation such as binance, Kucoin, Bybit, OKX, gate.io etc. I also buy on local exchanges in my country. We can buy on CEX and DEX according to your wishes and beliefs.

The best exchange reputation is very decisive for the favor that anyone who can do that wants to buy bitcoin or crypto, because it will provide a sense of security and there is no fear that the funds used will disappear, as long as it is not wrong to conduct the transaction. There is also an alternative that might be more trusted, namely through a local exchange that is usually always there in every country that already recognizes the existence of crypto. It might be easier for transactions because of using the local language.

[joniboini]

There is also an alternative that might be more trusted, namely through a local exchange that is usually always there in every country that already recognizes the existence of crypto. It might be easier for transactions because of using the local language.

I believe international exchanges use automatic translation or hire translators to translate their website nowadays, so I'm not sure if having a local language is that important anymore. At the very least, I don't think it matters to me. I do prefer using exchange that is located in my country if I need to convert my Bitcoin to fiat and I can't find other options for whatever reason. While it doesn't guarantee any safety at all, at least I can come and visit their office if anything go wrong. Still won't be my first choice though. CMIIW.

[taufik123]

-snip-
Like you can make me an example I am in crypto for 7 years. But one day I was making some transactions. And suddenly I got a notification that one of the project which I joined for airdrop now launched I opened that tweet. They have the same name like the original one and they have the blue tick also.I didn't focus on it and I opened the given link in the post. And they ask to connect wallet and they were making transactions from my wallet and asking for confirmation. I confirmed one transaction of $20 of one coin. After that they ask for another. So I understood and disconnect the wallet. Thank God I gave only $20.

It is an experience that will let you know how the scammer scam flow works so that you will never get stuck again.
I have been in crypto for about 8 years and already know a lot about crypto and how scammers trap it, but many methods are done, and maybe I almost fell into the trap, but I was able to avoid it.

Never trust anyone and check in advance every Dapps you want to put into a personal wallet or just separate your personal wallet from your wallet for other businesses such as bounties, airdrops, etc.

By the way using  hardware wallet is good idea but we also should keep our secret code safe. If we make one mistake we can lose everything. So it is good to be careful  and always improve your security to keep your money safe in crypto world.

It's a very fatal mistake not to back up the hardware wallet's seed phrase, but as long as you follow the correct instructions for use it will remain safe.

[kulkhan]

Bitcoin is readily available for now and there are different ways to buy it, which the Op mentioned above. But the problem is the privacy factor.

• Anyone who cares less about their privacy can buy bitcoin in any reputable CEX.
• But if we care much about our privacy, we need to sacrifice more to be private. We need to be somewhat tech savvy to be able to use DEXs etc.

But generally, CEXs are the most popular place to buy bitcoin and they are the first contact of newbies in the industry. Some newbies who try the DEX could get scammed if they don't know how things work there.

I think there are many way to buy crypto. Like Dex CEX etc. Dex is decentralised exchange and Cex is  centralized exchanger. So if anyone want to buy crypto he can use Dex or Cex. There are many kinds of dex and cex are available. Dex like pancake swap, Uniswap, Jupiter etc. And best cex is Binance,  Bybit, Kucoin etc.

I think mentioned Dex and Cex all are trusted and good. You can buy crypto from here.When i want to buy crypto then i use Cex mainly Binance. Because Binance is best. We can ise Binance because in Binance has P2P facilities. We can sell and buy crypto by our local currency.

[satpol_PP]

Bitcoin is readily available for now and there are different ways to buy it, which the Op mentioned above. But the problem is the privacy factor.

• Anyone who cares less about their privacy can buy bitcoin in any reputable CEX.
• But if we care much about our privacy, we need to sacrifice more to be private. We need to be somewhat tech savvy to be able to use DEXs etc.

But generally, CEXs are the most popular place to buy bitcoin and they are the first contact of newbies in the industry. Some newbies who try the DEX could get scammed if they don't know how things work there.

I think there are many way to buy crypto. Like Dex CEX etc. Dex is decentralised exchange and Cex is  centralized exchanger. So if anyone want to buy crypto he can use Dex or Cex. There are many kinds of dex and cex are available. Dex like pancake swap, Uniswap, Jupiter etc. And best cex is Binance,  Bybit, Kucoin etc.

I think mentioned Dex and Cex all are trusted and good. You can buy crypto from here.When i want to buy crypto then i use Cex mainly Binance. Because Binance is best. We can ise Binance because in Binance has P2P facilities. We can sell and buy crypto by our local currency.

I also use both, buying coins on CEX and DEX. but lately I have been transacting more often on CEX, binance and bybit to do trading. We can choose CEX and DEX that have a good reputation as you mentioned above.

[Faisal2202]

Bitcoin is readily available for now and there are different ways to buy it, which the Op mentioned above. But the problem is the privacy factor.

• Anyone who cares less about their privacy can buy bitcoin in any reputable CEX.
• But if we care much about our privacy, we need to sacrifice more to be private. We need to be somewhat tech savvy to be able to use DEXs etc.

But generally, CEXs are the most popular place to buy bitcoin and they are the first contact of newbies in the industry. Some newbies who try the DEX could get scammed if they don't know how things work there.

Using modern DEXs is not that hard. For example, we can easily use platforms like Bisq and other DEXs for various coins (excluding BTC), such as PancakeSwap and Uniswap. Buying isn't difficult while maintaining privacy, but acquiring USDT can be a bit challenging. To remain anonymous, you often have to outsource acquiring USDT through other people, and at that point, it becomes difficult to obtain it without providing some personal information. I can’t think of many other ways to get USDT while maintaining privacy in my region, given the resources available to me.

I'm not sure how people in other parts of the world are buying USDT to get BTC or how they're managing to buy BTC directly, even via P2P, while maintaining privacy. Although you don't have to be tech-savvy, I agree to some extent that you need more knowledge, like understanding wallets, especially non-custodial ones, knowing the difference between DEXs and CEXs, how to sign a transaction, and which transactions not to sign. There's certainly more to learn with DEXs compared to CEXs.