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Buying and sending cryptocurrency

  • 26-03-2023 8:01pm
    #1
    Registered Users Posts: 513 ✭✭✭


    As per the title of this thread, I wish to buy some cryptocurrency for example, Bitcoin or Ethereum so I can pay for something. Sorry if this doesn't fit with the forum, I have no idea where to post this question.

    This is the first time I have ever wanted to purchase and send cryptocurrency. What is the best and fastest way too purchase and send? Keep in mind I'm not looking to invest just quickly buy some and send it on.



Comments

  • Registered Users, Registered Users 2 Posts: 1,704 ✭✭✭JoyPad


    Never done it myself, but I know you can use Revolut for this.



  • Registered Users, Registered Users 2 Posts: 19,970 ✭✭✭✭Donald Trump



    You probably know, but just in case, be aware that it is a non-reversible anonymous transaction. Which is why scammers might ask for payment in it.



  • Registered Users Posts: 868 ✭✭✭purifol0


    Pretty much all the crypto's listed on Revolut are trash and fully traceable.

    Monero (XMR) is the only true privacy crypto currency, and is actively used for buying and selling things in the real world, unlike all of the others bar Bitcoin and maybe Ethereum.



  • Registered Users Posts: 513 ✭✭✭Antipathetic


    Just signed up to Coinbase although I'm still waiting on them to verify my address and identity. I know crypto such a bitcoin can be traced back to me however, I think the effort that authorities would have to go to to do this would not be worth it in terms of cost to enforce copyright infringement.



  • Registered Users, Registered Users 2 Posts: 2,057 ✭✭✭ItHurtsWhenIP


    With services like Chainalysis, tracing transactions can be pretty easy for the "feds"! 😏



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