How to buy bitcoin reddit

So I just purchased bitcoin on coinbase but really cannot tell whats happening. Should I just simply leave it in the exchange with Coinbase or transfer it to my wallet? I also see that coinbase have a vault and I’m guessing thats the same things as using a wallet. My goal is long term savings, put in some USD per week/month and let it sit. There’s nothing I dislike more than giving my bank information to these guys only for them to essentially say fuck you I still don’t trust you. I am a first-time crypto investor looking to purchase BTC and ETH primarily, but I am overwhelmed by the number of different apps/platforms I can use to start buying crypto.

  • Can anyone dumb it down to a beginner’s level or guide me to a resource that explains the differences between these platforms and which would be the best to download to start investing?
  • The money has been gone from my account for many days now but binance keeps telling me i have to wait 10 days.
  • And apologies if this has been posted in the wrong place, this is my first time posting in this sub.
  • I need access to my crypto when i buy it not ten days later not even two days later.

And apologies if this has been posted in the wrong place, this is my first time posting in this sub. I finally decided to buy BTC this week and put $300 CAD into a Bitcoin Depot ATM to break the ice and finally put stake in crypto. The ATM said there was a $3 service fee plus 5-9% (I can’t remember the exact amount).

I was fine with the fee just to get started but when the BTC was deposited I was shocked to see the final amount was equivalent to $236 CAD.

  • I was fine with the fee just to get started but when the BTC was deposited I was shocked to see the final amount was equivalent to $236 CAD.
  • I am a first-time crypto investor looking to purchase BTC and ETH primarily, but I am overwhelmed by the number of different apps/platforms I can use to start buying crypto.
  • Coinbase/Kraken/Gemini/Crypto.com/Binance/etc, I don’t know the difference and the flood of options is causing choice paralysis.
  • I also see that coinbase have a vault and I’m guessing thats the same things as using a wallet.

Hi everyone, let’s start with this, i have around 15.000$, how much bitcoin should i buy, would be better if i’ll buy half of amount first? I’m not new but i hesitating about it’s diversification, please suggest me something. I need access to my crypto when i buy it not ten days later not even two days later. Can anyone dumb it down to a beginner’s level or guide me to a resource that explains the differences between these platforms and which would be the best to download to start investing?

How to buy bitcoin reddit

Coinbase/Kraken/Gemini/Crypto.com/Binance/etc, I don’t know the difference and the flood of options is causing choice paralysis. Which company will allow me to use my crypto the fastest after a debit or credit card transaction that goes through on my end instantly. The money has been gone from my account for many days now but binance keeps telling me i have to wait 10 days.