Questions tagged [buy-bitcoins]

Use this tag for questions pertaining to the purchase of Bitcoins.

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Do any exchanges allow you to examine the bitcoin before you buy it?

It has been reported that some centralised exchanges will deny deposits of cryptocurrency that come from tumblers/mixers, for reasons perhaps related to ownership of the coins. If one was concerned ...
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1 answer
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How did Elon Musk buy Bitcoin when it is open source?

I think the title is good enough but to elaborate more, if the code base the the whole bitcoin cryptocurrency is open and it is an open source project, basically non-profit, and not owned by anyone ...
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Traced stolen crypto to exchange. Any way to get it back?

A week my BTC was stolen (very likely some form of trojan/keylogger as I stupidly kept the keys on a computer which connects to the internet). After getting over the initial shock, I looked into the ...
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Bitcoin BTC wallet receive addresses

I want to create 100 to 500 to 1000 BTC receive addresses. It should not expire. Is it possible ? Is it possible in Bitcoin core ?
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2 answers
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Isn't burning bitcoins a kind of fraud?

BitCoin burning is the process by which digital currency miners and developers can remove bitcoins from circulation, thereby slowing down inflation rates or reducing the total circulating supply of ...
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2 answers
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What does "buy the dip" mean?

I keep hearing "buy the dip" constantly with Bitcoin people/comments. I get that it means that you should buy Bitcoin while the price is temporarily low, but what do they mean by it? Do they ...
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Why exchanges show Bitcoin price higher than actual value? [duplicate]

I trade crypto on indian platform WazirX and CoinSwitch. Both are currently showing price of 1 Bitcoin to be 44,78,353 Indian Rupees ($ 60,605.51) while the price shown on google as well as Binance ...
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How to handle account balances?

My goal is to manage the investments of a huge group of people. Let's say that each month each one puts in a different amount of dollars (it may even be $1) and I need to send to his wallet that ...
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1 answer
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I just need some advice or assistance if possible? I'd really appreciate anyones 2cents on this

I sent BTC from Paxful to an exchange called LAtoken. $36 worth of BTC was sent, nothing major to anyone else but really huge to me. Cope pasted and confirmed address. NO btc arrived almost a day ...
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2 votes
2 answers
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Question about “Lost” Bitcoin

I understand bitcoin is a ledger. Everything is accounted for. If something is debited from one side, it is credited to the other, and vice versa. If a coin is sent to a wallet, with a public key, ...
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0 votes
1 answer
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For tax purposes, how much is Bitcoin is worth if you send it to an exchange and sell it immediately for fiat?

In the United States, I read that people that sell Bitcoin for USD will pay taxes based on the difference of when you bought and sold. How does an exchange like Coinbase know how much your BTC is ...
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my unconfirmed transactions hold for over 1 day [duplicate]

I have following 2 unconfirmed bitcoin incoming transaction for one day, can you please advise how to speed up? 1Eg8thYVMBTpXg78FQo2sXhxeFdZWB9DjN 1D3grbjFXZWUp1wCApLTHQ9GAxsyyAawkU
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0 votes
1 answer
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How do I make my first purchase of cryptocurrency? [duplicate]

I'd like to get started in cryptocurrency. Be it Bitcoin, Dogecoin or something else. I'd like to keep my own wallet and not use a Coinbase type of service. How do I start? Who would I send money to?...
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Bitcoin first versions

Please excuse my ignorance. I think I purchased some bitcoin quite some time ago within the early adoption phase, back then I think passphrases were non existent, Is there a way to access the old ...
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2 votes
2 answers
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Somebody sells at 4k instead of 40k. Who gets it?

If somebody sells x amount of BTC (or any other crypto) mistakenly at 4k instead of the current 40k (assumption), who will get it and for how much? Will somebody just be the happy one?
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1 answer
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Is it a relatively big fee buying Bitcoin on bitcoin.com?

I bought some Bitcoin on Robinhood for $0 fee, and about $2.99 fee on Coinbase.com, but since bitcoin.com seems like an official website, I tried installing the app to buy some Bitcoin, but for $180 ...
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-1 votes
1 answer
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Buy Bitcoins in partition

Can you buy some percent of bitcoin at different rates and merge them to form one bitcoin? Is it like you buy at different rates so you will get different exchange rates for particular percent
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3 answers
178 views

Can I sell bitcoin worth five million dollars or more and how can I?

I bought 200 bitcoin in the year 2012 and I've come to the point where I feel I need to withdraw some of it. But I'm having some difficulty doing that. How can I withdraw a large sum of bitcoin and ...
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1 answer
86 views

Is there a good website or resource comparing how all exchanges are structured under the hood?

So one of the issues I am running into is that there are competing definitions for things like: exchange, broker, trading platform, exchange platform, centralized, decentralized, P2P trading, etc. And ...
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0 votes
2 answers
87 views

How can I determine where a BTC transfer from one of my accounts to another went wrong?

I have two BTC accounts on a Ledger S Nano hardware wallet, which I can check via the Ledger Live software. I've transferred BTC many times already, to my own accounts and to other people, and never ...
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Why are there so many fake cryptocurrency airdrops? [closed]

I started learning about cryptocurrency three months ago and I have come across many airdrops spread by scammers who disappear after many persons have signed up on their platform. Are there ways one ...
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What happens to the bitcoin mining if the device changes? [closed]

First I've opened this site via mobile and registered with a Google account. Some time later, I continued to mine bitcoin through my laptop with the same account. Will this device change make it ...
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2 answers
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Is a bank account sufficient to receive money in Bitcoins?

A few questions regarding bitcoin money transfer: Can anyone transfer bitcoins into my bank account or do I need to have some bitcoin account for that? Is it legal to receive bitcoins? Especially in ...
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0 votes
1 answer
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BTC received in BECH32 (P2WPKH) format address not exist in Electrum

I sent some BTC to a BECH32 (P2WPKH) format address. (details of the transaction) I imported the private key(wif) in Electrum, but I can't find the income? I am sure I sent to the right address and ...
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0 votes
1 answer
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Can Litecoins be traded directly to Bitcoin? [closed]

Can Litecoins be traded directly to Bitcoin? If I have Litecoin, can I change for Bitcoin? Just like Euro for U.S. dollar.
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Recovery from theft - Tracing money to exchanges

I created a paper wallet on bitcoinpaperwallet.com and lost all my coins. Only later did I google to realize this is all a scam. The coins were moved on the 22nd Aug. can anything be done? Pls help, I ...
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1 vote
1 answer
116 views

Coinbase (or other service) conversion to fiat: how is that recorded in the Blockchain?

This is probably already answered, but I searched and couldn't find a similar question or answer. If I use a service such as Coinbase to buy Bitcoin, Coinbase generates a BC address for me and that's ...
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1 vote
1 answer
142 views

Get bitcoins to self created Bitcoin address

I created Bitcoin private and public key pair for Bitcoin. I am looking a way to receive funds to my Bitcoin address. The wallet apps which support buying or selling bitcoins are generating bitcoin ...
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0 votes
2 answers
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Trading Bitcoins through binary miner

I don't really understand how binary options work and someone recommended a company called empireoptionstrading.com for me to invest in. I tried to find more information on the company but I don't ...
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0 votes
1 answer
1k views

How to add money to CoinPayments?

I need to make a transaction of 0.00744000 BTC using the site CoinPayments.net. However, when I click on "Add new deposit address" in my wallet, I can see a 34-character long code. Next to it, there ...
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Strange BTC rate behavior when buying bitcoins

I have decided to buy some bitcoins using the Bitcoin.com wallet app and I have just received the invoice for my transaction of 1000 EUR to BTC. The rate of the BTC for the last days is always around ...
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-1 votes
3 answers
73 views

How can i convert my euro in BTC the fastest way [closed]

consider me a crypto noob. All i want is to transfer some ~10 euro (reside in my prepaid mastercard) to a BTC address (i have one, in my blockchain account). Then i need to give those BTC to some ...
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Mobile app for bitcoins? [closed]

Is there a mobile app that I can use to buy/sell bit coins? Would it be useful if I create one?
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0 votes
1 answer
207 views

How to send requests to a testnet faucet to collect coins at my address?

I am really new to Bitcoin and have just started reading about it. From what I understand testnet Bitcoin can only be requested every 12 hours or so and yields a very low quantity. I would like to ...
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1 answer
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buying bitcoins with debit cards that are not mine

I have a couple of cards that are not mine, I have all of the card holders info and card info. I want to purchase bitcoins and then transfer them to other wallets. I have a couple of friendswho want ...
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0 votes
0 answers
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How should I calculate a net value after a BTC withdrawal from an exchange?

Many exchanges have a withdrawal fee (such as Poloniex, which charges customers in 0.0005 BTC on average) and these fees are mostly for network costs. Should I consider as a general rule that the ...
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1 vote
1 answer
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How to give Bitcoin wallets as a gift

I want to give Bitcoin as a gift to someone that has as little experience with them as I do. Most importantly, I want to create a wallet (preferably offline, so I can just handover a USB stick with ...
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Bitcoin Withdraw and the deposit address timed out

I brought Bitcoin on Bitbuy and I made a withdrawal after that to send the money to my forex broker and the broker had a limit of 30min on the deposit. 30min passed and I didn't receive anything. Now, ...
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2 votes
2 answers
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How to anonymously and privately purchase Bitcoin through Tor?

How can Bitcoin be anonymously purchased through Tor in a secure and private fashion? My question is related to: How can I setup Bitcoin to be anonymous with Tor? Personal information and bitcoin ...
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1 answer
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I had someone offer to mine bitcoin for me, I am a beginner

I had someone offer to mine bitcoin for me. I pay for the bitcoin on cash app and he mines it for me. With messaging him I started to feel like he didn't really know what he was talking about when ...
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1 vote
2 answers
2k views

What is the need for multiple private keys?

From what I understand, there is initially a seed from which the private keys are derieved and from that the public key respective to each private key is derived. The public key is essentially the ...
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2 votes
3 answers
893 views

Buying and selling Bitcoin on a hardware wallet and not sending to an exchange

How can I buy and sell my Bitcoin from a Trezor or Ledger hardware wallet, without sending Bitcoin to an exchange? For example, are there any hardware wallets that allow you to keep your Bitcoins on a ...
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1 vote
0 answers
153 views

Access Kucoin OHLC data from API?

I need to access kucoin Open-high-low-close (OHLC) data from Kucoin API. Looking in https://docs.kucoin.com/#get-trade-histories, I deduced that to access OHLC data (for instance BTC versus USDT, ...
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1 vote
1 answer
147 views

Why is so expensive to buy Bitcoin with Credit Card? [closed]

There are many sites accepting credit cards to buy Bitcoin, but they charges a huge fee, sometimes is more than 10% (and I think never less than 5%). Why is that? what is the problem with buying ...
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1 answer
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Total Bitcoins in circulation on any given day? [duplicate]

I'm creating a spreadsheet to track total bitcoins in circulation from day 1. This would be to add up each Bitcoin per day created and add to an accumulating total. For example, if we picked any day ...
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0 votes
1 answer
269 views

Am I Being Prodded By A Bitcoin Mining Scammer?

I had someone approach me via an insta post, because i found his account and liked a photo. He said he was a bitcoin miner and forex trader in LA california, and asked if i was interested in earning ...
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1 answer
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Credit card deposit to accout

How do I deposit money to a bitcoin account from a credit card? I just need to pay an acquaintance something I owe him and he wants it added to his bitcoin account
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0 votes
1 answer
473 views

What happens when bitcoin drops and i add more money to my wallet

If i have $1000 worth of bitcoin with the current price of bitcoin at $7000, then later on bitcoin dropa to $6500, normally i know ths money in my wallet will drop. But my question is what will happen ...
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1 vote
0 answers
131 views

What are the benefits of running a crypto exchange website? [closed]

Getting straight to the question. Say I want to run a cryptocurrency exchange platform where people could come and buy/sell Bitcoin or Altcoin. The way I understood I have to partner up with a Bank in ...
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0 votes
1 answer
99 views

How do websites sell cryptocurrency with fiat payments?

I'm trying to create a platform to sell cryptocurrencies in my country. the way it works is, the user enters my website, select a coin he wants to buy then the amount he/she wants to buy, he pays in ...
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