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Anyone know how one starts in cryptocurrency? I don't want an ETF because I want to hold the investment behind the protection of the blockchain. I guess what I am asking is how does one obtain one of those 'wallets'?
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The easiest way would be through PayPal or Square. Although, I don’t think you can sell them for cash through those platforms. Edit: they only use Bitcoin.
Coinbase is also an easy way. They can store it for you through their wallet or you can download a wallet to your computer and send it there. This is hot storage. You can buy a dedicated wallet as well. Kind of like a usb drive for offline “cold” storage. You would then send your crypto to your wallet. There may be others. cold = more secure but more difficult to transact hot = less secure but easier to transact. |
Coinbase can sync with fidelity.....so you can see your crypto balance if you already use fidelity investments.....but you cannot buy or sell it on fidelity.
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I use Gemini. Up and running in 10mins. I was even able to purchase before my bank funded the account. Winklevii are smart dudes.
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Is there any way to purchase bitcoin without a bank transfer? In other words... without a paper trail.
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Originally Posted by JamesBond
(Post 3175655)
Is there any way to purchase bitcoin without a bank transfer? In other words... without a paper trail.
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Originally Posted by JamesBond
(Post 3175655)
Is there any way to purchase bitcoin without a bank transfer? In other words... without a paper trail.
|
Originally Posted by JamesBond
(Post 3175655)
Is there any way to purchase bitcoin without a bank transfer? In other words... without a paper trail.
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Originally Posted by m3113n1a1
(Post 3175727)
I'll sell you some for cash. Meet me behind the La Quinta on Virginia Ave.
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