Buying Crypto is easy.. Or not! #₿itcoin

Buying Crypto is easy.. Or not! #₿itcoin | Ecency

So you decided to read more? That's dope. Welcome to Crypto. #₿itcoin

In this post I will try to explain how to get started on buying these great Companies cryptocurrencies; or Altcoins, or “Shit coins.” If you are just arriving, you may want to read the previous post regarding “Shit coins.”

Let get started.

Sigh..

-Not because I'm tired or anything, but because buying Crypto is not always the easiest thing to accomplish.. it discourages some people and they give up. Do not give up no matter the roadblock. You have to figure out a way around it.

First things first..

Download Binance U.S, CashApp, and Coinbase if you are in the United States. If you are not in the United States, Download the Binance App and CashApp on your Android device or Apple iOS device.

Visit:
https://www.Binance.com/en/download

https://www.Binance.us/en

https://www.Coinbase.com

https://cash.app/

Here are my ref links:

Binance:
https://www.binance.com/en/register?ref=AWMYNBBM

Binance U.S.:
https://www.binance.us/?ref=35013102

Coinbase:
https://www.coinbase.com/join/thomas_2s1x?src=android-link

CashApp:
https://cash.app/app/JHBBBFP

Downloading all of these platforms will ensure that you have all you need to get the coins that you want. Not every platform will perform the same. Some have coins others don't, while some may allow your debit cards to buy while other's won't. It's always good to have plenty of options.

So far this is similar to downloading Scottrade, E*Trade, or even a Forex (FX) Meta Trader Platform.

These are just portals to the Markets.

Once you have downloaded these Applications, you will need to set things up.

-Coinbase is probably the most user friendly method for Investors to buy Crypto with debit cards and bank accounts. Simply plug in your information and you will have access once your accounts are confirmed. Coinbase will send you 2 bank verification deposits. Follow the instructions and read the prompts carefully and thoroughly.

-Binance U.S. is similar to Coinbase. Simply sign up and you can also use your Debit Card as well as ACH transfers.

-Binance.com allows Debit card purchases as well. It is the #1 platform to buy Crypto in the World.

If you have any issues downloading due to regional blocks, simply use a VPN or Virtual Private Network.

https://twitter.com/KraZeMike83/status/1204100917802553347?s=19
- KraZeMike83

No bank account??

That's definitely a roadblock. You will need to get over this one first.

Note:
You may have seen those Bitcoin Kiosks at a Mall or even a Shopping Center. A lot of money transfer places will have them as well. Personally, I do not recommend them so if you care for my opinion, DON'T USE THEM. Why Mike? Ok, ok; I think 3rd party services like this are not safe. These Kiosks often ask for ID numbers or even a cell phone number. I mean, who's actually operating these systems? The government? Aliens? Some guy who bought a Bitcoin machine an set it up to some WiFi connection?

Since I don't know, I don't recommend.

Enough of that..

With no bank account things will be tricky. Try opening up an online bank account if things are rough at your neighborhood banks. Just because they deny you don't mean every Bank will. Capital One 360 accounts are easy to set up and takes a few minutes to see if you're approved. All online. Try as many as you need to. If all fails, you can just have your family or friends help you. Just give them the cash and have them send it to your CashApp. Now you have digital funds. This is why we need the CashApp. Options. CashApp also has a debit card that you can request. It may or may not work for these platform's.

In the meantime, you still have to find a way to get a debit card that has a better chance of working. Some cards are not allowed on these different platforms. Try PayPal.com. Sign up for free and request a business/ debit card. You may need to open up a merchant account but just do it. You can always use your Social Security number as your Tax ID. They're actually the same thing..
The card will arrive promptly and you can simply add funds to it using a prepaid card from PayPal to load up your account. Walgreens, CVS, Walmart, and a host of other places will have them.

If this fails and all you have is your CashApp, we can still proceed to the next steps. Simply give your family and/or friends the cash and have them send you the digital cash. You can just buy Bitcoin directly from the CashApp. We'll be sending the coins to a different platform later [optional].

Good luck with these steps as it is more difficult for some than others. No matter what, don't say “FuckIT.” You will regret it for the rest of your life. No bullshit.

I'm sure you have a lot to take in and do, so I'll let you get to it. I'll see you on the next post. We're headed to the Mall of Crypto. It's like the Mall of America in Minnesota where you can find any store you want and buy exactly what you want. Give or take.. :p

Take a look at a few posts I've written in regards to this matter on Twitter.