Bitcoin is easy.

[Piromanu87]

Hy all, after a long time reading about it, I finally managed to use bitcoin. It seems so easy now. All was done on a smartphone. I have a mycelium wallet that you can use with Android,simple to install. Then I got bitcoin from an ATM (very user friendly) and from a site paybis, using credit card (10% fee). If any new people to bitcoin still have questions I am happy to help with what I learned.

 

[bambam333]

Hy all, after a long time reading about it, I finally managed to use bitcoin. It seems so easy now. All was done on a smartphone. I have a mycelium wallet that you can use with Android,simple to install. Then I got bitcoin from an ATM (very user friendly) and from a site paybis, using credit card (10% fee). If any new people to bitcoin still have questions I am happy to help with what I learned.

You have much better options without paying that high percentage. Cash app and I use Gemini. Why spend 100 dollar fee if your getting 1000 in BTC

 

[Piromanu87]

How much is cash app fee?

 

[bambam333]

I don’t think there is a fee. I don’t use it but know many that do I use Gemini with no fees but there’s a couple day wait if you do an online transfer so if you plan ahead it’s good but if you need ASAP I would use cash app

 

[Piromanu87]

So at gemini I can use my credit card? It's no problem if I need to wait a few days, 10 % fee is a lot.

 

[bambam333]

I have my online banking attached to it so I just hit transfer and it transfers over whatever amount I want then I buy however much I want from the exchange instantly. After that it’s a couple day wait to be able to withdraw but that’s not a problem for me because I always have some laying around. Cash app I believe is with your card and is instant and easy if I could I would use cash app but for some reason my info is banned with them so I use Gemini

 

[Inquiring Mind]

I have my online banking attached to it so I just hit transfer and it transfers over whatever amount I want then I buy however much I want from the exchange instantly. After that it’s a couple day wait to be able to withdraw but that’s not a problem for me because I always have some laying around. Cash app I believe is with your card and is instant and easy if I could I would use cash app but for some reason my info is banned with them so I use Gemini

If y’all won’t mind me jumping in with a question or two? With all that we hear and read about security and paper trial i.e.
anonymity, linking to your bank account or even credit card, isn’t there potentially opening yourself up to be liquidated?

 

[bambam333]

Liquidated meaning them draining my bank account or my credit card? Not really worried about it the account I have attached never really has more than 1000 bux in it and cash app is ran by square and Gemini by the winklevoss clowns 2 pretty legitimate organizations and if they’re a fraud my bank always covers me

 

[Inquiring Mind]

Liquidated meaning them draining my bank account or my credit card? Not really worried about it the account I have attached never really has more than 1000 bux in it and cash app is ran by square and Gemini by the winklevoss clowns 2 pretty legitimate organizations and if they’re a fraud my bank always covers me

That’s reassuring to know, and a good idea I suppose to have a designated account for such matters. Thank you for your reply.

 

[BushLeague]

At first it was difficult for me to figure out. Theres a lot of information to go through and it was hard for me to weed through what was garbage.

Easy enough to set up and app on the phone or a program on the computer. Deciding which one was right for me or the most secure but yet convenient, with lower fees was probably the biggest factors for me.

 

[M. Tugboat]

Hello there, I am oblivious to this whole crypto thing.

We have euros where I live, but I want to buy something in dollars with bitcoin. 75$ is 66euros but I don't know how to procede with the bitcoin thing.

Any help is appreciated.

 

[bambam333]

Hello there, I am oblivious to this whole crypto thing.

We have euros where I live, but I want to buy something in dollars with bitcoin. 75$ is 66euros but I don't know how to procede with the bitcoin thing.

Any help is appreciated.

When your sending it you can type in the dollar amount instead of the bitcoin amount and it will send that amount in bitcoin to where your sending to

 

[MindlessWork]

Hello there, I am oblivious to this whole crypto thing.

We have euros where I live, but I want to buy something in dollars with bitcoin. 75$ is 66euros but I don't know how to procede with the bitcoin thing.

Any help is appreciated.

There are euro to USD calculators out there so you can calculate how many euros to deposit

 

[M. Tugboat]

When your sending it you can type in the dollar amount instead of the bitcoin amount and it will send that amount in bitcoin to where your sending to

There are euro to USD calculators out there so you can calculate how many euros to deposit

I've found the conversation rate (or however its called) but how do I get started? Do I download something? Are there apps? Do they have fees? What are more popular/better ones?

 

[bambam333]

A lot of people has cash app as it’s very simply to use to buy and send

 

[M. Tugboat]

A lot of people has cash app as it’s very simply to use to buy and send

Isnt this the one which takes a couple days to verify or something?

 

[bambam333]

All accounts usually take some time to verify but I’ve used many andnid have to say cash app is the simplest for beginners

 

[M. Tugboat]

All accounts usually take some time to verify but I’ve used many andnid have to say cash app is the simplest for beginners

Oh, there isnt any other way to do it?
And whats usually the time it takes to verify?

 

[bambam333]

Couple hours to couple days depending where you go. Yea they have to verify pic of license and info wherever you go. Good thing about cash app is it’s available instantly from your debit card. I use gemini and it takes 3 days for my BTC to available to use

 

[M. Tugboat]

Couple hours to couple days depending where you go. Yea they have to verify pic of license and info wherever you go. Good thing about cash app is it’s available instantly from your debit card. I use gemini and it takes 3 days for my BTC to available to use

Sorry, but what do you by "depending where you go" ?