Question about making purchases with BTC?

V

vinniedabeast

Member
Joined
Oct 31, 2023
Messages
14
I opened a coinbase account and purchased BTC. My question is that if I were to make a purchase, let's say from serenity, is it safe to make that transaction on coinbase? Or am I to transfer that to a personal web based wallet before making a transaction?
 
The latter. Never pay a vendor or market directly from an exchange wallet. It's not only bad opsec but also a quick way to get your exchange account shut down.
 
I am very happy to see this post. This is also a topic that I am more concerned about recently. I hope my customers can know this.
 
vinniedabeast said:
Which wallet do you recommend?
Click to expand...
I use blockchain. Maybe it's just one of those cases where I learned my BTC on blockchain so I think it's the easiest. I buy in X, then transfer to blockchain. Learned that hell of buying and sending out of the same wallet. NOPE, nope, never again!

Good luck!
 
Last edited:
player72 said:
I use Electrum myself and it has worked well. I am sure there are other good ones but the most important thing is to make sure to get it from a trusted source.
Click to expand...
You can transfer from your coinbase wallet to Electrum? Just wanna make sure, I am still very much a noob at this
 
vinniedabeast said:
You can transfer from your coinbase wallet to Electrum? Just wanna make sure, I am still very much a noob at this
Click to expand...
Yes - there are a number of good tutorials. Best way IMO is to transfer a small amount of money (yes, there are transfer fees but small price to pay to make sure you have a handle on how it works) from exchange to Electrum wallet then make some small purchase from the Electrum wallet. Once you have a feel for how it works, you'll have some comfort when doing more substantial transactions.
 
i know this is probably a stupid question, but would it be pointless or ill-advised to send from coinbase wallet?
 
soupson said:
i know this is probably a stupid question, but would it be pointless or ill-advised to send from coinbase wallet?
Click to expand...
Not necessarily pointless since the coin would arrive but definitely ill-advised. If you search around a little you'll hear from people who had their Coinbase accounts abruptly closed after making payments they didn't like directly from their exchange wallets.
 
player72 said:
Not necessarily pointless since the coin would arrive but definitely ill-advised. If you search around a little you'll hear from people who had their Coinbase accounts abruptly closed after making payments they didn't like directly from their exchange wallets.
Click to expand...
thank you!
 
The best part of all, It cost you money evertime you wanna move the fucking coin! :D

Buy coin, FEE, Move coin, FEE, Move coin again, FEE!

OOOOOOOOO i love bitcoin its sooooooooooooo GREAT for people who collect the god damn fee's it is.
 
LittleDabbie420 said:
The best part of all, It cost you money evertime you wanna move the fucking coin! :D

Buy coin, FEE, Move coin, FEE, Move coin again, FEE!

OOOOOOOOO i love bitcoin its sooooooooooooo GREAT for people who collect the god damn fee's it is.
Click to expand...
Yo I had to adjust an order because btc fees had fluxed. Fkrs xmr is the better coin imo
 
You must log in or register to reply here.
Drugbuyersguide Shoutbox
  1. L @ Layne_Cobain: Hey now @tiquanunderwood split the uprights my boy 😂 😂 jp homie
  2. L @ Layne_Cobain: I want Darnold to win it so bad classy guy all he’s been through
  3. L @ Layne_Cobain: LETS GO HAWKS F**K THE PATSIES
  4. tiquanunderwood @ tiquanunderwood: I have a girl coming over that's pretty cool. Besides that just chillin and making some food,.
  5. D @ drdrizzy13: I have tix to the Saints and Colts superbowl but sold them.
  6. D @ drdrizzy13: Anybody got any fun plans for the Superbowl?
  7. tiquanunderwood @ tiquanunderwood: GO MIKE MACDONALD AND THE HAWKS BABY!
  8. shoutback @ shoutback: Thanks 😊
  9. D @ drdrizzy13: Have a good run bro.
  10. D @ drdrizzy13: yeah i'd rather them win than the Pats
  11. shoutback @ shoutback: Oh and GO SEAHAWKS
  12. shoutback @ shoutback: Anyways I have to get ready to go on my run, it's been fun talking
  13. shoutback @ shoutback: I think when we have open discourse without preconceptions we all agree more than we disagree
  14. D @ drdrizzy13: Oh I totally agree and I agree the War on Drugs was and is a complete failure.
  15. shoutback @ shoutback: I'm not trying to say my point of view is better than others, just think we need to have more open and honest discussion about everything
  16. D @ drdrizzy13: You are right it probably doesn't. It has pretty much ruined my other first cousins live. He is so out there. It just sucks to see ya know. They take it to the extreme.
  17. shoutback @ shoutback: @drdrizzy13 your exoerience does not reflect the overall mainstream
  18. D @ drdrizzy13: yea for sure.
  19. shoutback @ shoutback: This is one of the few places in the internet where we can freely discuss this things and taking reactive stance like f3nt and z3nes are the devil do not promote a heathy discourse on the subject, though I understand admin also does not want to be under constant threat of people like the dea and fda
  20. D @ drdrizzy13: Honestly I can't think of any alcohoclis except for a friends Dad. I haven't drank in 10 years. I don't really hang around peole that drink or go to bars. I just hate being around drunks lol. And going to bars sucks if your not drinking too.
Back
Top