We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

BITCOIN

Options
16465676970344

Comments

  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Coinbase pro is great. Only minor faff is when moving coins to your wallet, you first have to move to Coinbase and then out to the wallet. Apart from that it's great.  Low fees. 
  • TimSynths
    TimSynths Posts: 603 Forumite
    500 Posts Third Anniversary Name Dropper Photogenic
    edited 12 June 2021 at 7:52AM
    I'm a big fan of Coinbase pro too- looked scary at first but watched a few how to vids on Youtube and really enjoy using it now and I find other exchanges suck as KuCoin and Bitforex less scary too.
  • OK with the price pretty low do you think this is a good opportunity to buy some? I can afford to lose, I wouldn't invest anything I cant afford. Was just thinking of putting in £800 because I got a unexpected rebate. Any recommendations where to buy? Preferably something with an app. I've heard Ziglu mentioned.
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Swissborg I think has the best retail app, super easy to top up £, buy and stake your coins too. Ping me a DM if you want me to shill a ref code.

    Others I've used, CB Pro, Zumo, Binance.

    Ziglu is regulated but only CFDs I think, i.e you can't withdraw externally.
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    It feels like this forum is being infiltrated by crypto shills to covert the people who normally read/use the forum...
  • MoneyGeoff
    MoneyGeoff Posts: 257 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    China clamping down on crypto: https://www.bbc.co.uk/news/business-57549543
  • Scottex99
    Scottex99 Posts: 811 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    China fud? That's new  :D
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    edited 24 June 2021 at 1:21PM
    This is not meant as a "See I told you bitcoin was rubbish..." comment, but from today's South Africa Bitcoin fraud story:

    "The lawyers hired by the investors found, through blockchain analysis, that coins from Africrypt’s wallets had been run through Bitcoin mixers and tumblers to hamper any further tracing. Cryptocurrency exchanges were said to be on the look out for any signs of anyone trading the coins."

    I thought one of the benefits of Bitcoin was that it was totally fraud proof because everyone on the planet has a copy of the ledger saying who owns what?   Just wondering if anyone can explain what these 'mixers and tumblers' are and how they make tracing stolen Bitcoins hard to track?
  • Interesting read from Evidence-based Investor newsletter

Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.8K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.8K Work, Benefits & Business
  • 598.7K Mortgages, Homes & Bills
  • 176.8K Life & Family
  • 257.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.