chatgpt tell u the various ways to buy bitcoin
#1

You can buy Bitcoin through a variety of platforms depending on your location, preferences, and experience. Here are the main options:
1. Cryptocurrency Exchanges
  • Popular platforms like Coinbase, Binance, Kraken, and Bitfinex offer Bitcoin buying, selling, and trading services.
  • They typically require you to create an account and verify your identity.
2. Peer-to-Peer (P2P) Platforms
  • Platforms like LocalBitcoins and Paxful allow you to buy Bitcoin directly from other users using various payment methods, such as bank transfers, PayPal, or cash.
3. Bitcoin ATMs
  • Bitcoin ATMs are physical kiosks where you can purchase Bitcoin using cash or a debit card.
  • Websites like CoinATMRadar can help you find Bitcoin ATMs near you.
4. Financial Apps
  • Apps like Cash App, PayPal, Revolut, or Venmo (depending on the country) allow users to purchase Bitcoin with ease.
5. Brokerage Platforms
  • Platforms like eToro, Robinhood, or Wealthsimple offer Bitcoin purchasing along with other financial products.
6. Over-the-Counter (OTC) Services
  • For large-scale Bitcoin purchases, OTC desks like those offered by Genesis or Cumberland provide personalized services.
7. Banks or Institutions
  • In some countries, banks and financial institutions have started offering cryptocurrency services.
Things to Consider:
  • Security: Choose a reputable platform with strong security measures.
  • Fees: Review transaction, deposit, and withdrawal fees.
  • Regulations: Ensure the platform complies with local regulations in your region.
  • Storage: Decide whether to use a hot wallet (online) or cold wallet (offline) for storing your Bitcoin.
Let me know if you’d like help finding specific platforms available in your location!


4o
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#2

i buy btc thru my cfd broker PLUS500
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#3

Now got real Bitcoin backed ETF similar to those gold ETF backed by physical gold.
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#4

When I first dipped my toes into crypto, I started with Coinbase because it felt beginner-friendly, and their app made the whole process simple. Later, I tried a Bitcoin ATM just for the experience—it was kind of cool using cash to buy Bitcoin on the spot!

One thing I learned the hard way is to pay attention to fees. Some platforms look cheaper but add hidden costs. Also, I came across https://blockchainlawyer.com/regulatory-compliance/ when researching regulations—it’s a great resource for understanding compliance, especially if you’re worried about staying on the right side of the law.
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#5

Now still got bitcoin atm meh?
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#6

(06-01-2025, 06:54 PM)pinkpanther Wrote:  Now still got bitcoin atm meh?

never saw a bitcoin atm before
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#7

(06-01-2025, 08:42 PM)singaporean1964 Wrote:  never saw a bitcoin atm before

They collected back...poor policy!!
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#8

A Bitcoin now costs $100k, how are you going to pay at ATM?
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#9

I buy from an exchange which Regulated by MAS Smile So is safe.

That is https://www.coinhako.com/users/select-co...CHI_548117
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#10

(07-01-2025, 02:53 PM)[[ForeverAlone]] Wrote:  I buy from an exchange which Regulated by MAS Smile So is safe.

That is https://www.coinhako.com/users/select-co...CHI_548117

Wah, how many coins did you buy? You are so rich!🤭
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#11

(07-01-2025, 03:18 PM)lvlrsSTI Wrote:  Wah, how many coins did you buy? You are so rich!🤭

I only owned BTC.
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#12

(07-01-2025, 03:22 PM)[[ForeverAlone]] Wrote:  I only owned BTC.

Is it easy to withdraw? Heard it takes a long time to withdraw, so by the time you cash out the price already dropped
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#13

(07-01-2025, 02:53 PM)[[ForeverAlone]] Wrote:  I buy from an exchange which Regulated by MAS Smile So is safe.

That is https://www.coinhako.com/users/select-co...CHI_548117

Are Coinhako fees high?
Does Coinhako Have High Fees? Coinhako's fees are higher than those of many other exchanges in Singapore. Standard trading with Singapore Dollars (SGD) and crypto pairs incurs a 0.6% fee, while stablecoin-to-fiat trades like USDC/SGD and Recurring Buys offer slightly lower rates at 0.5% and 0.3%.
[+] 1 user Likes lvlrsSTI's post
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#14

(07-01-2025, 03:45 PM)lvlrsSTI Wrote:  Are Coinhako fees high?
Does Coinhako Have High Fees? Coinhako's fees are higher than those of many other exchanges in Singapore. Standard trading with Singapore Dollars (SGD) and crypto pairs incurs a 0.6% fee, while stablecoin-to-fiat trades like USDC/SGD and Recurring Buys offer slightly lower rates at 0.5% and 0.3%.

I don't feel is high, important is easy to sell , buy and deposit from local banks etc. Some more most important thing is MAS Regulated thus is Safe. I already withdraw directly to my DBS account many times also deposit funds from DBS to Coinhako via Paylah. Just scan the QR code from Coinhako will straight deposit funds from DBS account.
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#15

(07-01-2025, 03:22 PM)[[ForeverAlone]] Wrote:  I only owned BTC.

does the exchange expect u to buy 1 coin
or do they allow pple to buy like 0.0010 coin/

I BUY FROM PLUS500 BROKER
THEY ALLOW PPLE TO BUY LIKE 0.00010COIN
WHICH CAN COST ONLY A HUNDRED DOLLARS..
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#16

(07-01-2025, 02:53 PM)[[ForeverAlone]] Wrote:  I buy from an exchange which Regulated by MAS Smile So is safe.

That is https://www.coinhako.com/users/select-co...CHI_548117

I TOT U PREVIOUSLY BOUGHT FROM ftx
AND THE EXCGHANGE DISSAPEARED ..ALSO APPROVED BY mas
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#17

(07-01-2025, 05:03 PM)singaporean1964 Wrote:  does the exchange expect u to buy 1 coin
or do they allow pple to buy like 0.0010 coin/

I BUY FROM PLUS500 BROKER
THEY ALLOW PPLE TO BUY LIKE 0.00010COIN
WHICH CAN COST ONLY A HUNDRED DOLLARS..

The exchange I used can buy ANY Amount of BTC. yea 100 BUCKS already can buy.

(07-01-2025, 05:04 PM)singaporean1964 Wrote:  I TOT U PREVIOUSLY BOUGHT FROM ftx
AND THE EXCGHANGE DISSAPEARED ..ALSO APPROVED BY mas

I Don't even bought from what FTX , I Don't even mention here. LOL I NEVER TOUCH ANY Companies or Corporation which TS Holding invest in.

CoinHanko already for years and regulated by MAS . I start using this exchange don't know how many years back. Trade BTC. Later I stop. Is when Trump become President Smile I also like him since my Idol Elon M also support him than I buy BTC again.
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