1. #1
    suckerbet
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    buying bitcoins

    Can someone give me a quick easy way on how to buy bitcoins.... my cc was denied at Heritage ( first time ever).... just need a quick simple explanation ...... Thanks

  2. #2
    NoNameForMe
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    Ofcourse they reject creditcard for the simple fact that people might do a charge back on their CC, most BTC sellers reject creditcard for this reason, just a few of them accept them. Best way to buy BTC is via a wire bank transfer, and keep your BTC on a standalone wallet on your PC.

  3. #3
    FakeNews916
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    Quote Originally Posted by suckerbet View Post
    Can someone give me a quick easy way on how to buy bitcoins.... my cc was denied at Heritage ( first time ever).... just need a quick simple explanation ...... Thanks
    You pay the fees and take all the risk. That's the simple explanation of bitcoin and dealing with the offshore books. Bookies get free cash deposits and easy pay outs.

    Use BM or another book that takes card. Bitcoin as a deposit is one of the worst ways to do it.

  4. #4
    InsiderHer
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    Quote Originally Posted by FakeNews916 View Post
    You pay the fees and take all the risk. That's the simple explanation of bitcoin and dealing with the offshore books. Bookies get free cash deposits and easy pay outs.

    Use BM or another book that takes card. Bitcoin as a deposit is one of the worst ways to do it.
    There's a huge benefit to be able to get money in and out of a sportsbook using bitcoin. Not only is it easy, in most cases it offers extremely low fees. One of the worst post I have ever read on SBR.
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  5. #5
    mrpapageorgio
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    Quote Originally Posted by suckerbet View Post
    Can someone give me a quick easy way on how to buy bitcoins.... my cc was denied at Heritage ( first time ever).... just need a quick simple explanation ...... Thanks
    Do you live in the US?
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  6. #6
    Optional
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    Quote Originally Posted by suckerbet View Post
    Can someone give me a quick easy way on how to buy bitcoins.... my cc was denied at Heritage ( first time ever).... just need a quick simple explanation ...... Thanks
    If you want them quick first time, you may want to search for a bitcoin ATM near you.

    If you join a regular exchange like gemini.com it will take a few days before you will have access to the bitcoin. But that's what you should do for ongoing use.

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  7. #7
    acquavallo
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    Quote Originally Posted by InsiderHer View Post

    Originally Posted by FakeNews916
    You pay the fees and take all the risk. That's the simple explanation of bitcoin and dealing with the offshore books. Bookies get free cash deposits and easy pay outs.


    Use BM or another book that takes card. Bitcoin as a deposit is one of the worst ways to do it.There's a huge benefit to be able to get money in and out of a sportsbook using bitcoin. Not only is it easy, in most cases it offers extremely low fees. One of the worst post I have ever read on SBR.
    Yes. Most inept case of fake news--err advice i've ever read.

  8. #8
    littlekona
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    Quote Originally Posted by Optional View Post
    If you want them quick first time, you may want to search for a bitcoin ATM near you.

    If you join a regular exchange like gemini.com it will take a few days before you will have access to the bitcoin. But that's what you should do for ongoing use.
    gemini is the best but it does take 4 days for ach funds to clear before you have access to send btc. ATM's are very convenient fast and easy like Optional said. Localbitcoins is another option that I use for fast btc and rates are better then the ATM's on most transactions

  9. #9
    TheMoneyShot
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    Quote Originally Posted by Optional View Post

    If you want them quick first time, you may want to search for a bitcoin ATM near you.

    If you join a regular exchange like gemini.com it will take a few days before you will have access to the bitcoin. But that's what you should do for ongoing use.
    Quote Originally Posted by littlekona View Post

    gemini is the best but it does take 4 days for ach funds to clear before you have access to send btc. ATM's are very convenient fast and easy like Optional said. Localbitcoins is another option that I use for fast btc and rates are better then the ATM's on most transactions
    Just giving you guys the heads up.. Gemini went to 1k ACH a day now about a month or so ago. The previous 24 hour limit was 500.
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  10. #10
    MikeyPicks1
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    Let me make it simple for you, go to localbitcoins.com, enter your city, click "cash in person" and you'll find a list of sellers in your area that will meet you at a starbucks, sometimes even in a bank lobby, etc. You hand cash, they transfer coin to you, and you part ways. Or, you can even use localbitcoins as it was intended, and have them act as escrow for the deal. Personally I prefer cash in hand though.

  11. #11
    FakeNews916
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    Quote Originally Posted by MikeyPicks1 View Post
    Let me make it simple for you, go to localbitcoins.com, enter your city, click "cash in person" and you'll find a list of sellers in your area that will meet you at a starbucks, sometimes even in a bank lobby, etc. You hand cash, they transfer coin to you, and you part ways. Or, you can even use localbitcoins as it was intended, and have them act as escrow for the deal. Personally I prefer cash in hand though.
    You must be taking an almost 10% hit. I deal on LBC all the time. Cash in person has one of the worst rates.

  12. #12
    FakeNews916
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    Quote Originally Posted by littlekona View Post
    gemini is the best but it does take 4 days for ach funds to clear before you have access to send btc. ATM's are very convenient fast and easy like Optional said. Localbitcoins is another option that I use for fast btc and rates are better then the ATM's on most transactions
    Ok so let's say someone wants to do 5k, I realize what you guys are saying is easy but the fees you pay are huge from what I've seen on those Exchange sites, can you give me an example?
    Last edited by FakeNews916; 08-13-18 at 08:51 AM.

  13. #13
    Optional
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    Quote Originally Posted by FakeNews916 View Post

    Ok so let's say someone wants to do 5k, I realize what you guys are saying is easy but the fees you pay are huge from what I've seen on those Exchange sites, can you give me an example?
    Its not that simple, you need to do 3 minutes reading for yourself https://gemini.com/trading-fee-schedule/

    But if you want to buy 5k worth there, fees should be around $50 if you read what to do the right way.

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  14. #14
    jbayko
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    Square Cash app supports bitcoin purchases now and is super cheap.

  15. #15
    Daddy89
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    LocalBitcoins is the bet way

  16. #16
    BrickJames
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    Quote Originally Posted by FakeNews916 View Post
    You must be taking an almost 10% hit. I deal on LBC all the time. Cash in person has one of the worst rates.
    I was getting BTC for cash from LBC and paying 4%

  17. #17
    dens105
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    Can't call coinbase anymore and tell them you are investing in BTC to increase limits?

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