Bitcoin
Bitcoin
Bitcoin is easy, Bitcoin is discreet. Bitcoin is free from centralised banks overseeing and controlling every transaction. The power is truly in the customer and merchant’s hands.
Where and how to buy Bitcoin
Coinbase
| Pros | Cons |
| Use paypal, bank account or credit card | Sometimes a wait of up to 5 days for account activation |
Xcoins.io
| Pros | Cons |
| Use Paypal and purchase instantly | Only $100 worth of Bitcoin a day can be purchased with a new account |
LocalBitcoins.com
| Pros | Cons |
| Many methods of buying through secure escrow | Sometimes Higher fees |
CoinMama
| Pros | Cons |
| use paypal, bank account or credit card | Medium Fees |
What is bitcoin? How to pay with bitcoins?
As a global digital currency, you can send bitcoin to anyone, anywhere in the world without worrying about cross border remittance fees.
Is bitcoin legal? I don’t really trust cryptocurrencies
Yes, it is 100% legal to buy, exchange, and trade with bitcoins. You are also legally allowed to use bitcoins for purchasing RX (prescription) drugs for personal use from overseas. Once you create and verify your Coinbase or other account, it works just like PayPal – no technical knowledge is needed.
Coinbase verification delays. I bought bitcoins but they will be unavailable for 5 days.
On rare occasions coinbase puts a 5 day delay on acquiring your first bitcoins. If that happens, you can navigate to your account page on fuzzyduck and find your order under the orders tab, then click ‘pay’ Whenever you are ready