I want to create a Bitcoin account and I know some of you already use them for a while. That’s why I want to ask you if there is a wallet which I can use on my desktop and phone. I already visited bitcoin.org and saw wallets like Electrum which offer both Windows and Android. But as far as I understood you have to choose between one of this options. I assume I have to choose a web based wallet when I want them to be synchronized, did I understood that right?
I’d go for a hardware wallet, online wallets can block your account and downloading a wallet just takes a lot of time and you can lose it if your harddrive somehow gets f’d
Bitcoin.org is just the original web domain that was registered way back and gives a very rough guide on how to use Bitcoin. There’s also Bitcoin.com (run by a known scammer) and a couple of others.
There is no main site, it’s a decentralized currency. Web Wallets just have the blockchain downloaded on their end.
Just go on blockchain.info (a trusted web wallet, that lets you have full control) and register there; save your paraphrase key and maybe extract your private keys. Buy bitcoins on an exchange such as Coinbase, Bitstamp, Binance, etc. and transfer them to blockchain.info wallet. Pay your transaction.
CoinBase is the same as paypal in terms of closing down accounts that show any suspicion. They can lock all your coins if they want and there is nothing you can do about it
For the future guys use gdax/coinbase pro for withdrawing your crypto, because I remember back in my crypto days normal coinbase had massive fees for the miners/themselves for withdrawing and it’s probably the same today.
So what I did was:
1.I went to coinbase and transfered my crypo to coinbase pro (gdax) which is free because the transfer is internal.
2. I then withdrew the money without any fees.
3. …
4. PROFIT
No, too many fees.
Buy from a reasonable exchange (with 0.5% fees at max) I mentioned above.
Credit card is probably 5% and a Bitcoin ATM’s fee is something like 8-15 %.
So just for the basic understanding. I can have my wallet at blockchain.com but I can buy them from different sites?
I also ask that because I just saw that my identity card is expired which makes buying them through Coinify impossible anyways. Is there a way to buy them without verification? I mean my credit card and bank account is enough?