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ThePioneer

Buying crypto currency

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I have to make a payment with crypto currency.

 

I was suggested to create a free wallet using blockchain.com

 

Next I will have to buy the required crypto currency with my credit card. CC will be European Mastercard.

 

My understanding is that price and services may vary between the different platforms, and that using a certain crypto over another may make a difference.

 

So my question to you is, can you advise me which platform and which currency is the best and cheapest to complete the transaction.

 

FYI I will have to pay 800 GBP

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9 minutes ago, ThePioneer said:

I have to make a payment with crypto currency.

Why must you pay in a crypto currency.  Even if you are being blackmailed I would not pay anyone who insists on being paid in that way.  How do you prove you have paid your bill/get a refund etc?

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4 minutes ago, JoePai said:

Because he was asking you a sensible question - nobody 'needs' to pay by crypto

Maybe his computer was hit by a ransomware that demands crypto-currency payment.

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"payment is for an IPTV serviceservice"

   What's that?

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Nothing wrong paying for service with bitcoin. If you need to pay via credit card try coinbase, coinmama, virwox, etc. However the fees are higher than if you pay directly from a bank account. 

Edited by Tayaout

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8 minutes ago, dotpoom said:

"payment is for an IPTV serviceservice"

   What's that?

Television over IP aka the Internet. 

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Oh dear.

really?

paying that much for IPTV?

and with Bitcoin?

oh dear.

one born every minute comes to mind

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4 hours ago, dotpoom said:

"payment is for an IPTV serviceservice"

   What's that?

From Wikipedia...

Quote

Internet Protocol television (IPTV) is the delivery of television content over Internet Protocol (IP) networks. This is in contrast to delivery through traditional terrestrial, satellite, and cable television formats. Unlike downloaded media, IPTV offers the ability to stream the source media continuously. As a result, a client media player can begin playing the content (such as a TV channel) almost immediately. This is known as streaming media.

TOT in Thailand offers a variety of IPTV services, so-called "digital TV".

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Screw the transaction. My advice on buying ANY crypto currency.....DON’T!!!!!

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I agree with other posters here. Its unusual to be demanding that you pay in crypto.

However I can give some advice.

If you want to pay by Cryptocurrency and need to buy then you need to use one of the well known and established / reputable services. Mind you they can get hacked. some services charge much more and guarantee your funds. But you pay the extra.

Be very careful to make sure you use the official site and 2FA.

Most may not let you buy if your IP is in Thailand. You may have to use a VPN at least the first transaction.

Check the charges. Coinmama is expensive. personally I use binance.com.

 

it will take you some time to figure out how everything works to buy, hold, transfer, etc.

 

If you use a credit card it is classed as a cash transaction. Add 2 to 3 % on the card.

Then you will pay interest from the date.

Use a debit card if they will allow it. I have managed that before.

 

If you are going to do this, take your time on any actions and be careful.

 

 

 

 

 

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