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. T @ Thedoccc: And to the Italians, happy Columbus Day!
  2. J @ jjjjjjjjj: Happy Indigenous Peoples Day to you (and to the other lovely people here) too
  3. tiquanunderwood @ tiquanunderwood: Back to work tomorrow :( happy indigenous peoples day
  4. Ketmaster @ Ketmaster: C's* telegram
  5. Ketmaster @ Ketmaster: And I was a mod on his telegram
  6. Ketmaster @ Ketmaster: R was the man. Wish him the best
  7. Ketmaster @ Ketmaster: CnC wasn't the most honest person, and made tons off of literally just ordering for his customers. I know this bc I have a friend that worked close with him and he made nothing from the deal they struck, while C made all the money.
  8. JustChiilin @ JustChiilin: @luquitoad Btc seems to move more with the market now a days.. Could be a nice dip before moving higher
  9. L @ Layne_Cobain: I know bro I was so happy for X catching that Td…Tet does look like the real if he was on a better team I’d think definite ROY candidate
  10. tiquanunderwood @ tiquanunderwood: Cooper Rush looked awful last week for us. They promoted Tyler Huntley to active roster in case\
  11. tiquanunderwood @ tiquanunderwood: @Layne_Cobain McMillian looks amazing.
  12. tiquanunderwood @ tiquanunderwood: Dude Leggette caught a TD last week!
  13. tiquanunderwood @ tiquanunderwood: Well Lamar is out till after the bye. If we can run the division, there's a chance. Doubtful, but that hopium!
  14. L @ Layne_Cobain: I’m hoping my panthers can pull the upset on dem boys today everyone is predicting it tho which makes me doubt it lol…I was thinking before the bengals got him ravens should have made a move for Flacco bring him back til Lamar is ready try to stay afloat
  15. L @ Layne_Cobain: Good luck! @tiquanunderwood hope your birds can get the home W seems like a must win honestly for y’all
  16. tiquanunderwood @ tiquanunderwood: happy football sunday!
  17. rasetreydir @ rasetreydir: I'll keep them in my prayers today. Ask that they are shown mercy.
  18. rasetreydir @ rasetreydir: Bummer for R m C. Hope there was contingency plan for this scenario. I wish 'em well. Hope a respectable counselor has advised their clients and reminded them of their rights...Miranda and constitutional.
  19. P @ player72: HTF he did not keep shipping info 4 ever
  20. Aarfgh @ Aarfgh: You should most assuredly assume that everything has been taken into custody.
Back
Top