Thread: Bitcoin for dummies - Transaction time takes 15 minutes only from your couch!

Here is a little guide for the ones having trouble. I cannot use coinbase and I have found that I like this better than coinbase.

1st: Sign up and create an account on coinmama.com (You will need to have a drivers license)
Once verified you are ready to buy coins directly from your card!

2nd:Sign up for a Blockchain wallet. (blockchain.com)

3rd: Once all that is verified and ready to go - Buy the select amount of bitcoin from coinmama. Always buy a few dollars more than the said amount. Click receive on blockchain for the bitcoin address to send your funds from coinmama to blockchain. Just copy and paste all bitcoin addresses needed.

4th: It will take about 10-20 minutes for the bitcoin to hit your blockchain wallet account. Once it hits, you will click send on blockchain. Input the amount of money or coin you need to send and copy and paste the recipients wallet address.

5th: Hit send and notify the receiving party that you have sent the funds.

Guys it really is that easy. You don't even have to leave the comfort of your own home. I have found that coinmama has been the fastest and easiest place to buy coins from I have ever used.

Take this step by step guide and get started! Eventually this is all you will be able to use

GG

nice and simple but providing the i.d part, if somethings goes wrong, cant LE trace it back to you

Providing a drivers license is not much different than using a credit card to buy your coins if you are trying to stay anonymous. Nothing illegal about buying bitcoin. Then you are transferring it to an anonymous wallet. Only way to truly protect yourself would be to buy bitcoin with cash. I have read some guide lines to doing that but it looks very cumbersome. Unless you are a dealer you just have to hope LE doesn’t get interested in you. Very hard to stay anonymous if they are looking at you. Just my opinion.

Originally Posted by BornFat

nice and simple but providing the i.d part, if somethings goes wrong, cant LE trace it back to you

Originally Posted by BornFat

nice and simple but providing the i.d part, if somethings goes wrong, cant LE trace it back to you

ITS more for security of the account, some of these accounts hold big large amounts of tokens value, so if you get lock out, or hack, or if they change your google authenicator..
in the crypto this is safe as it gets.

I tried to use coinbase the first time and my bank declined the transaction (had to go through the fraud protection calls) coinbase immediately notified me. No funds were exchanged. Is that normal for the bank and cryptocurrency? Also once the coins are in your wallet are they still subject to market value or do they stay the same?

Originally Posted by lilguy

I tried to use coinbase the first time and my bank declined the transaction (had to go through the fraud protection calls) coinbase immediately notified me. No funds were exchanged. Is that normal for the bank and cryptocurrency? Also once the coins are in your wallet are they still subject to market value or do they stay the same?

I had the same issue called me bank told them to authorize the website I’ve been using and never had another problem


Gear God

Sovereign Labs Customer Representative

Originally Posted by GearGod

Here is a little guide for the ones having trouble. I cannot use coinbase and I have found that I like this better than coinbase.

1st: Sign up and create an account on coinmama.com (You will need to have a drivers license)
Once verified you are ready to buy coins directly from your card!

2nd:Sign up for a Blockchain wallet. (blockchain.com)

3rd: Once all that is verified and ready to go - Buy the select amount of bitcoin from coinmama. Always buy a few dollars more than the said amount. Click receive on blockchain for the bitcoin address to send your funds from coinmama to blockchain. Just copy and paste all bitcoin addresses needed.

4th: It will take about 10-20 minutes for the bitcoin to hit your blockchain wallet account. Once it hits, you will click send on blockchain. Input the amount of money or coin you need to send and copy and paste the recipients wallet address.

5th: Hit send and notify the receiving party that you have sent the funds.

Guys it really is that easy. You don't even have to leave the comfort of your own home. I have found that coinmama has been the fastest and easiest place to buy coins from I have ever used.

Take this step by step guide and get started! Eventually this is all you will be able to use

GG

Hell yea let’s do it!! Just let me know

Originally Posted by HustleHard

Hell yea let’s do it!! Just let me know

I’m lost man, what ya mean? Haha


Gear God

Sovereign Labs Customer Representative