Question about making purchases with BTC?

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.
 
Which wallet do you recommend?
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:
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.
You can transfer from your coinbase wallet to Electrum? Just wanna make sure, I am still very much a noob at this
 
You can transfer from your coinbase wallet to Electrum? Just wanna make sure, I am still very much a noob at this
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?
 
i know this is probably a stupid question, but would it be pointless or ill-advised to send from coinbase wallet?
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.
 
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.
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.
 
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.
Yo I had to adjust an order because btc fees had fluxed. Fkrs xmr is the better coin imo
 
Drugbuyersguide Shoutbox
  1. J @ jjjjjjjjj: Happy birthday @CalFresh! Hope you're having a great day!
  2. M @ meepmoopmeep: Happy birthday @CalFresh! Have a great day today!
  3. tiquanunderwood @ tiquanunderwood: nevermind. got it. sorry for crowding the box
  4. tiquanunderwood @ tiquanunderwood: sorry @xenxra
  5. tiquanunderwood @ tiquanunderwood: @xenex can you link me that new RC community again?
  6. tiquanunderwood @ tiquanunderwood: Happy Birthday @CalFresh
  7. Y @ Yaugae5121: Heyyoo happy birthday calfresh!!
  8. CalFresh @ CalFresh: To everyone awaiting responses from me: I am sorry I am behind. Today is my birthday and others are demanding my attention. I will mdo my best to catch up by EOD tomorrow. Apologies!
  9. xenxra @ xenxra: when the train leaves the station, it doesn't back up to let latecomers on. if it does, there's something wrong with the train.
  10. Gluonimatrix @ Gluonimatrix: 😽
  11. Professor_ @ Professor_: Good Morning everyone
  12. CalFresh @ CalFresh: happy Tuesday!
  13. T @ Thedoccc: Thank you all, as my wife says "God squeezes, but doesn't choke"
  14. N @ necromedic: @Thedoccc: Congratulations! The Father is merciful, and His blessings know no bounds.
  15. J @ jjjjjjjjj: @Thedoccc Congrats!! So happy for you!!
  16. WTF7218 @ WTF7218: Congratulations Thedoccc! That’s great news.
  17. L @ Layne_Cobain: Congrats bro!!! That’s awesome happy for yah you can let that stress go…stress is the enemy
  18. T @ Thedoccc: Hey y'all, wanted to tell you that I signed that second contract I was hoping for. Which should keep me afloat for the rest of the year, and hopefully 2026 if all goes well. Appreciate your encouragement, love, prayers and out reach. I was really feeling low last week and needed that extra bit of <3
  19. tiquanunderwood @ tiquanunderwood: hahhah right on man. they spent so much bread.
  20. L @ Layne_Cobain: Could b worse dude could be a met fan right now 😂 that payroll and no playoffs 😳 I kinda feel bad for em such an insane collapse and so insanely opposite of what happened last year with them starting terrible then catching fire all the way to the nlcs
Back
Top