6

Buying any crypto from your credit card is same as buying it through any other payment method. both are equally secure. But always buy it from authentic source only, there are many scamming sites running in the crypto world.


5

I have a couple of friendswho want to purchase bitcoin, I would buy the bitcoins for everyone, that is why I have all of their card and personal info. I wanted to use a single wallet (mine) and then transfer the funds to each of my friends preferred wallets Can I personally be traced? First off, service recommendations are off-topic on this site, for more ...


4

Essentially you want to start a cryptocurrency exchange? If that is true, you need liquidity for people to be able to buy these coins. There are two ways of going about it: Use a broker/third party exchange, such as Kraken.com or any other in your region and have your orderbook go through their's. You would have to price it so you are profitable however. ...


3

Right this second, bitcoin is at about $3,454. So $500 would get you about 0.145 bitcoins. At $20,000 per bitcoin, that would be worth about $2,900.


2

You've asked about five different questions here. This is a standard scam and there is no reason to think they actually have anything. There is no way to trace the owner of a Bitcoin address. That's why these scammers ask for payment in Bitcoin. The cost of one bitcoin varies continuously, just like stock prices or currency exchange rates, but you can ...


2

The main reason to use multiple private keys is for privacy. Say you receive 1 BTC at address A, and you want to send 0.1BTC to someone at address X. (We'll neglect tx fees for easy math). 0.1 BTC Address A -> Address X 0.9 BTC Address A -> Address B Now assume you were trying to watch any spending activity from the User at Address A, how would you ...


2

This is most certainly a scam, the scammer's messages explaining how Bitcoin works are pretty much nonsensical. Disregard all the jibberish he wrote to you, if you'd like to learn about Bitcoin, this is a great question to start with: I am new to Bitcoin, how can I get started?. DO NOT use the wallet you created with his help. Just forget you ever created ...


2

Create a new bitcoin wallet offline with a website like this one https://walletgenerator.net/ Transfer the amount you want to give to your friend to this new wallet Write the private key on a paper and give it to him then explain that since you have created his wallet he is not the real owner and tell him to do step 1 and 2 by himself if he want to really ...


1

There is a lot of applications allowing you to easily trade bitcoin on your mobile phone. Almost every bigger Bitcoin Exchange has one. Take a look at cex.io, bitfinex.com and many more, they do have mobile apps already. There are also decentralized exchanges with mobile applications too. If you check https://coinmarketcap.com/rankings/exchanges/ you will ...


1

Sadly there are a lot of scammers around. Don't pay to anyone you don't know (and before you sign up on an exchange, make sure it's a reputable one). There are also some services which allow you to buy "a miner" which mines for you, but generally, you would be better off just directly buying whatever coin you want yourself. Be careful, don't trust ...


1

You will need to buy bitcoin, then send that to your acquaintance. Other option is to convince your acquaintance to accept another payment method. Most bitcoin sellers will not accept credit card because it is very easy to lose money from chargebacks.


1

I am in the process of buying bitcoins and am being required to put in a lot of personal details. The Bitcoin network itself requires no identifying information from users. In fact, efforts have been made to make transactions / addresses as indistinguishable from one-another as possible, in order to provide the best fungibility and privacy for users of the ...


1

your identity can be linked to bitcoins in more ways: exchange site can gather info about you (your IP address, ID, bank account, etc), your transactions are public through blockchain, your IP can get registered when you send BTC, your IP address can be registered when you visit BTC forums or any website/honeypot related to darknet markets (illegal ...


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