How to purchase a bitcoin

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How To Buy Bitcoin How Does Bitcoin Work? Get Started

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Key points to consider. The three key points to consider when buying bitcoin are: Payment method; Platform/venue used; Where your bitcoin goes; Payment methods range from credit card to bank transfer, payment app (PayPal, Apple Pay, Google Pay, Samsung Pay, etc.), face-to-face with cash, and even barter. Each payment method carries tradeoffs in terms of convenience, privacy, and associated …

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How To Buy Bitcoin Investopedia

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Investing in Bitcoin can seem complicated, but it is much easier when you break it down into steps. Buying Bitcoin is getting easier by the day, and the legitimacy of the exchanges and wallets are

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How To Buy Bitcoin Coinbase

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Own Bitcoin in just a few minutes. Create an account. Get started is fast, secure, and designed to keep your personal info safe. Verify your identity. To prevent identity theft or fraud, you’ll need a photo ID to make sure it’s really you. Buy Bitcoin. Get started with as little as $25, and you can pay with a debit card or bank account.

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How To Buy Bitcoin – Forbes Advisor

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If Bitcoin’s current price was $38,000, for example, you’d need to invest that much to buy a Bitcoin. If you invested less, say $1,000, you’d get a percentage, in this case 0.026%, of a Bitcoin.

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Buy Bitcoin With Credit Card Or Debit Card Bitcoin.com

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Buy Bitcoin online with your credit card, payment app, or bank account. Buy Bitcoin Cash (BCH), Bitcoin (BTC), Ethereum (ETH) and other select cryptocurrencies instantly.

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How To Buy Bitcoin (BTC): Beginner's Guide To Investing In

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Bitcoin has been on a wild ride in 2021. The cryptocurrency’s price surged from around $30,000 in January to a peak of over $63,000 in April. Then in June, it dipped below $30,000. Now, Bitcoin

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Getting Started Bitcoin

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Buy Bitcoin. Spend Bitcoin. There are a growing number of services and merchants accepting Bitcoin all over the world. Use Bitcoin to pay them and rate your experience to help them gain more visibility. Find merchants and products. How to accept Bitcoin. Inform yourself.

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I Bought $250 In Bitcoin. Here's What I Learned

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When I saw the price of bitcoin fall to $9,500, I pressed buy, defying the wisdom of two finance titans and my wife. One hundred dollars, or 0.0101 bitcoins. (A …

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Bitcoin 101: How Do You Buy Bitcoin? The Motley Fool

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Then essentially, like if you buy a stock, you say, "I want to buy this many Bitcoin," and click "Buy" and then there we go. They will add it to your Coinbase wallet or account, so to say.

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The 5 Best Ways To Buy Bitcoin 2021 [Quickly & Safely ]

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Best Place To Buy Bitcoin With A Credit/Debit Card. The best way to buy bitcoin with a credit or debit card is to find a platform that offers excellent security, acceptable fees and that is convenient to use. eToro is the best way to buy Bitcoin with a credit card for most people. It’s …

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How To Buy Bitcoin (BTC) 5 Easy Ways (Updated For 2021)

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Buy Bitcoin Instantly with Credit card: The fastest way to purchase Bitcoin using your Debit/Credit card. Using this method, you can own Bitcoin within minutes. Moreover, you can buy using a small amount one time or on a regular basis. There are many financial regulated companies that ensure you get the best Bitcoin price when you purchase Bitcoin.

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How To Buy And Use Bitcoin In 2021 (Step By Step Guide)

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Buy Bitcoins offline. Peer-to-peer bitcoin trading or in-person transactions are another way to purchase bitcoins. You can arrange for a meet up when exchanging cash or any commodity for bitcoin. Keep in mind, however, that you need to exercise extra caution when transacting this way since there are many recorded incidences of theft when buying

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How To Buy Bitcoin NerdWallet

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Buying bitcoin or other cryptocurrencies can be a fun way to explore an experimental new investment. But it’s also true that any investment in …

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How To Buy Bitcoin With Bank Account 2021 Best Brokers

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2 days ago · To buy bitcoin with a bank transfer, visit your brokerage account, search for BTC and fill in the amount you want to buy. To withdraw your earnings into …

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How To Buy Bitcoin Safely New Bitcoin Buyers Guide 2021

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Finally, depending on where you are will determine who and how you can purchase bitcoin. Buy Bitcoin With Credit Card (and Debit Cards) Fast, reliable and safe are great reasons to use a VISA or MasterCard to buy bitcoin. Here are the best sites to purchase BTC with a credit card. CoinMama.com – offers a near worldwide bitcoin buying service

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How To Buy Bitcoin Invest In BTC With Low Fees In

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Buy Bitcoin: Search for ‘BTC’ and click on the ‘Trade’ button. Enter the amount of Bitcoin you wish to buy ($25 minimum) and confirm the order. You will now have Bitcoin in your eToro

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How To Make Everyday Purchases With Bitcoin The Street

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Some of these involve first buying gift cards with Bitcoin that you can then use anywhere or paying others looking to earn Bitcoin to make a purchase in dollars for you. Bitrefill:

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How To Buy Bitcoin Without ID Beginners Guide

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Buy Bitcoin with ID verification. Bitcoin is a cryptocurrency with the largest market cap. Due to its meteoric rise in value, it is now considered a valuable investment option and asset. Most platforms will require you to divulge your personal information as a regulatory condition due …

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How Much Does It Cost To Buy Bitcoin? MoneyLion

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Bitcoin transactions are completely anonymous, and there’s no way to track who is buying or selling Bitcoin. Some people hail this feature as a hallmark of Bitcoin’s decentralized nature. However, skeptics have pointed out that this can provide ample opportunities for criminals to conduct illegal transactions without the government’s

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Best Places To Buy Bitcoin In 2021 The Balance

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Bitcoin is a type of virtual currency that you can use for digital purchases or you can trade like stocks or bonds. To buy and sell cryptocurrency including Bitcoin, you need to use a bitcoin exchange. A bitcoin exchange will allow you to buy Bitcoin in exchange for other assets, including traditional currency or other digital currencies.

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Buy Bitcoin Online: 9+ Best Trusted Sites (2021)

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Purchase bitcoins online with a credit card, debit card, or bank transfer. Acquire bitcoins from a Bitcoin ATM near you. Buy bitcoins with cash locally or via cash deposit. Convert PayPal to Bitcoin online. The above was just a brief overview of where you can buy bitcoin. Now, let's get into the details.

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5 Tips For How To Invest In Bitcoin Safely (2021)

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Disclaimer: Buy Bitcoin Worldwide is not offering, promoting, or encouraging the purchase, sale, or trade of any security or commodity. Buy Bitcoin Worldwide is for educational purposes only. Every visitor to Buy Bitcoin Worldwide should consult a professional financial advisor before engaging in such practices.

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How To Buy Bitcoins (with Pictures) WikiHow

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1. Store your Bitcoins online. In order to buy Bitcoins, you first need to create a storage site for your Bitcoins, and this is the first step to purchasing Bitcoin. Currently, there are two ways you can store Bitcoins online: Store the keys to your Bitcoins

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1. Understand Bitcoin basics. Bitcoin is a completely virtual currency, that allows consumers a way to exchange money for free, without the use of a third party (like a bank, credit card company, or other financial institution). Bitcoin are not regulated or controlled by a central authority like the Federal Reserve and all Bitcoin transactions take place in an online marketplace, where users are anonymous and untraceable for the most part. Bitcoin allows you to exchange money instantly with anybody in the world, without needing to create a merchant account, or use a bank or financial institution. Transferring money does not require names meaning there is little risk of identity theft.
2. Learn about Bitcoin mining. To understand Bitcoin, it is important to understand Bitcoin mining, which is the process by which Bitcoin are created. While mining is complex, the basic idea is that each time a Bitcoin transaction is made between two people, the transaction is logged digitally by computers in a transaction log that describes all the details of the transaction (like the time, and who owns how many Bitcoins). These transactions are then shared publicly into something known as a "block chain", which states every transaction, and who owns every bitcoin. Bitcoin miners are individuals who own computers that constantly verify the block chain to ensure it is correct and up to date. They are the individuals that confirm transactions, and in exchange for doing so, they are paid in bitcoin, which increases the supply. Since Bitcoin is not overseen by a central authority, mining ensures that the individual transferring the bitcoin has enough, that the agreed upon amount is transferr
3. Gain familiarity with the legal issues surrounding Bitcoin. Recently, the federal agency responsible for combating money laundering announced new guidelines for virtual currencies. The updated guidelines will regulate Bitcoin exchanges, but will leave the rest of the Bitcoin economy alone, for now. The Bitcoin network is resistant to government regulation, and it has gained a loyal following among people who engage in illegal activities like drug dealing and gambling due to the fact money can be exchanged anonymously. However, transactions are still traceable, and the FBI was able to seize numerous bitcoin wallets used by bad actors. Federal law enforcement may eventually conclude that Bitcoin is a money-laundering tool and may look for ways to shut it down. Shutting down Bitcoin completely would be a challenge, but intense federal regulation could push the system underground. This would then diminish the value of Bitcoins as legitimate currency.
4. Become aware of Bitcoin's advantages. Bitcoins major advantages include low fees, protection from identity theft, protection from payment fraud, and immediate settlement. Low fees: Unlike using traditional finance systems, whereby the system itself (like PayPal or a bank) is compensated with a fee, Bitcoin bypasses this entire system. The Bitcoin network is maintained by the "miners", who are compensated with new Bitcoin. Protection from identity theft: Bitcoin usage does not require a name, or any other personal information, simply an ID for your digital wallet (the means used to send and receive Bitcoin). Unlike a credit card, where the merchant has full access to your ID and credit line, Bitcoin users operate totally anonymously. Protection against payment fraud: Because Bitcoin are digital, they cannot be counterfeited, which protects against payment fraud. In addition, transactions cannot be reversed, like what occurs with a credit card charge back. Immediate transfer and settleme

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How To Buy Bitcoin For The First Time Bitcoin.com.au

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Step 2. Purchase bitcoin. It is now time to join the cryptocurrency world and purchase your first Bitcoin. Here are the different ways you can pay when purchasing from Bitcoin Australia: Online Bank Transfer – POLi (Recommended): A secure payment system to purchase bitcoin online. Cash: Visit a participating bank branch and we’ll convert

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How To Buy A Bitcoin ETF — The Safest Way To Dabble In

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1 day ago · A Bitcoin ETF that is currently available for purchase is the ProShares Bitcoin Strategy ETF, which is trading under the BITO ticker symbol. Another Bitcoin

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Buy Bitcoin (BTC) Instantly Paxful

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Begin the trade – If you are satisfied with the seller’s terms, enter the amount of Bitcoin you want to buy, and start the trade. This will open a live chat with the seller. Follow the instructions of the seller to make the payment and confirm it. Receive the Bitcoin – The seller will then release the Bitcoin directly into your Paxful wallet.

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Buy Bitcoin Buy BTC Buy Bitcoin With Credit Card

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Trade BTC. Binance supports the deposit of more than 150 cryptocurrencies, several of which you can exchange for Bitcoin at some of the best rates in the market. Buy Bitcoin with Credit Card. You can directly purchase Bitcoin with credit card on Binance. We offer the best route to buy Bitcoin using debit card or credit card (Visa or MasterCard).

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Walmart Allows Customers To Buy Bitcoin At 200 Stores

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1 day ago · To buy bitcoin at participating Walmart stores, customers need to visit a Coinstar kiosk located within Walmart. They must have an account with cryptocurrency exchange Coinme and each purchase

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How To Buy Bitcoin Without Fees

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Unfortunately, buying crypto online without any fee is almost impossible, but there are certainly some platforms that are better for buying bitcoin than others.Let’s dig into this topic and find out what the fees associated with bitcoin are and how to buy bitcoin at comparatively low fees.

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How To Buy Bitcoin—and The Pros And Cons Of Each Option

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1 day ago · When the first Bitcoin exchange-traded fund was proposed in the U.S. in 2013, there were limited ways to buy Bitcoin. Some people crossed their fingers and invested in …

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How To Buy Bitcoin For The First Time Bitcoin UK

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Before you can purchase Bitcoin, ensure that you have set up a wallet in order to store, receive and send bitcoin. Here are some bitcoin wallets to get you started. Step 2. Purchase bitcoin. You can purchase Bitcoin with direct from us at here. We accept both Bank Transfer and Credit Card. Step 3. Keep your bitcoin secure

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Coinbase Buy & Sell Bitcoin, Ethereum, And More With Trust

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Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA, Coinbase is available in over 30 countries worldwide.

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Should I Buy A Bitcoin ETF? Here's What Some Pros Say You

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I’m not buying, you’re buying. The actively managed ProShares Bitcoin Strategy ETF BITO, -3.23% offers exposure to bitcoin without having to …

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Walmart Is Allowing Customers To Buy Bitcoin At Some US

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1 day ago · When buying Bitcoin through a Coinstar kiosk, a paper voucher is issued in return for your cash. In order to redeem the voucher, a Coinme account …

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How To Buy Bitcoin In 2021 Top 5 BTC Brokers

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Bitcoin was the first cryptocurrency. Introduced in 2009, it was created as a digital currency that would allow people to transfer funds without the need of a government or bank. Today, it’s the most valuable cryptocurrency in the world. This guide will take you through the ins and outs of buying Bitcoin, what it is and what BTC is trying to achieve.

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How To Buy Bitcoins In India? And What Is The Minimum

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Today one Bitcoin costs you somewhere around 12 lacks. But you need not buy one Bitcoin to begin investing with. You can start with buying a part of the Bitcoin. The minimum amount that is needed to begin investing in Bitcoins is around Rs.500. Check on Google to know the latest price of Bitcoin in INR.

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How To Buy Bitcoin For The First Time Bitcoin Canada

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Before you can purchase Bitcoin, ensure that you have set up a wallet in order to store, receive and send bitcoin. Here are some bitcoin wallets to get you started. Step 2. Purchase bitcoin – Coming soon. We’re unveiling Canada’s simplest Bitcoin exchange soon. Subscribe to our newsletter to stay tuned. Step 3. Keep your bitcoin secure

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How To Buy Bitcoin With Google Wallet 2021 Best Brokers

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So, to purchase bitcoin with Google Wallet, you need to pick up a broker, go through the verification process and start buying bitcoins. Still, finding the appropriate exchange platform may be …

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You Can Buy Bitcoin On Venmo Now. Should You?

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You can now buy and sell bitcoin on Venmo as easily as you can split a bar tab with friends. On Tuesday, the mobile payment application began allowing users to buy

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How To Buy Bitcoin In Canada, Step By Step Wealthsimple

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Purchase Your Bitcoin Remember to exercise caution: always remember to invest only in the amount of Bitcoin that you feel comfortable with losing money on, and start slowly. Accept that you’re unlikely to become an overnight success, and set time aside to learn the market before making any large investment decisions.

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How To Buy Bitcoin: Everything You Wanted To Know EToro

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Step 3: Buy bitcoin. Bitcoin can be purchased fractionally, so you don’t need to buy a full bitcoin to own some. For example, if bitcoin’s price is $10,000, you can purchase 0.1 bitcoin for $1,000.

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How To Buy Bitcoin In South Africa (Legally) Step By

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Step 4: Buy Bitcoin with ‘Instant Buy’. The ‘Instant Buy’ feature on Luno is the fastest and easiest way to buy Bitcoin in South Africa. However, there is a fee for this facility so it does cost you more. A cheaper option is to place a ‘Buy order’ through Luno. Select the ‘Buy

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Frequently Asked Questions

How do I easily buy and sell bitcoin?

The Best Options to Buy and Sell Bitcoin One Should Consider

  • Selecting a bitcoin-wallet. To start buying bitcoins, you have to get yourself an online wallet for cryptocurrency. ...
  • Purchasing and selling bitcoins on the stock exchange. There are special trading platforms that allow buying and selling cryptocurrency. ...
  • Buy/sell bitcoin with an online exchanger. ...
  • Be careful when buying and selling coins. ...

What is the quickest way to buy bitcoins?

Sometimes it can be tough to get your hands on some bitcoin (BTC) quickly and simply. Using exchanges like Coinbase is widely regarded as the easiest and quickest way to buy bitcoin via debit card, but credit cards and PayPal cannot be used.

What is the best time of day to buy bitcoin?

Sunday/Monday might be the cheapest days (thus, providing good time to buy BTC) since trading tends to slow down over the weekends and there is generally less demand. While the highest average Bitcoin prices in both analyses are on Fridays closely followed by Saturday.

Where is the cheapest place to buy bitcoins?

Coinbase is one of the quickest and cheapest place to buy Bitcoin as it offers the lowest fees in the market for direct purchases with credit and debit cards. While CEX.IO has better trading options and Coinmama is better for privacy.

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