is it due to price change or something else?
Discussion
Couldn’t figure it out. Maybe I’m not buying enough to overcome the heavy buying and selling that’s going on right. No idea. Thought about trying somewhere else but didn’t feel like setting up another account to buy.
I am going to stick with crypto.com to buy, 5% is rape from Moonpay
I know, I bought a ledger to keep a cold wallet and it seemed like using moonpay would be easy andIt has been so far. I’m a bit worried about an online wallet. I don’t know shit about this just messing around with a couple bucks.
Exodus wallet seems nice, non-custodial, allows you to now buy with MoonPay. Fucking moonpay
Yep, wasn’t making me very happy today. I set up an account with Coinbase but haven’t purchased through them. Don’t feel like going through the process again, facial recognition etc.
Wallet of Satoshi was the easist and least-stressful but....moonpay lol
Well, I’ll give it another shot when it calms down, if not I’ll try another acc somewhere. I hate giving out sensitive info everywhere.
Wallet of satoshi is also a custodial wallet. It's OK for shit like tips on here but I wouldn't store hundreds of dollars worth of #Bitcoin in it.
At least install bluewallet and order Trezor of Coldcard in the future.
Bad choice. Not fully open source. Also being a multi coin wallet, it's chances of having a bug is much larger that a single coin wallet.
Recommendations? I know nothing but would like to play safely
BlueWallet.io is possibly the easiest on-chain. For Lightning (plus on-chain) phoenix.acinq.co and the wallet of satoshi (CUSTODIAL) for silly things like tipping here.
Thanks
You shouldn't trust just me and verify elsewhere before you click on random links. A good place for ANY #Bitcoin related questions is r/Bitcoin - almost 5M subscribers and being moderated, preventing scammers.
dam, bluewallet won't let me create a lightning wallet , the LNDHub instance is not accepting new users
Because they had implemented a custodial Lightning wallet like Wallet to satoshi. Now realized it that being responsible for funds of their users isn't the best way to go and allow you to use it, if you're running your own node. This way, you keep the custody of your coins at 100% of your time. Install Phoenix or Breez alongside. They both support on chain & LN, both are non-custodial.
I can't tell what you said was a bad choice because the thread was broke. Were you saying that Exodus Wallet is bad ?
I will checkout BlueWallet, ty. Hopefully less fees
Correct, exodus is garbage shitcoin wallet.
Regarding fees, you're confusing a wallet with an exchange plugin.
Where do you live?
Are you happy to do KYC and pay less fees of prefer non-KYC places?
I am in Colorado. I don't know what KYC is. Are getting at essentially using Crypto ATM's instead of exchanges?
ATMs are one of the easiest choices, BUT the fees can go up to 20%. I used some that charged less than 5% but majority of these machines take huge cut. Don't give up. Research them, check reviews, check not just fees but requirements too. Some might ask for a phone number, be prepared, don't just walk in.
The best IRL option is a Bitcoin meetup. Look if there's one going on, bring some cash.
Second best option is bisq or robosats (requires you to run LN node).
KYC = Know Your Customer, it's when your personal information (certified with some kind of ID) are required in order to make a transaction (ie: buying bitcoin).
Whatever you do use, make sure to write down the seed words.
You're giving them your info for what, 2%?