Hello all i am new to mining and am interested in purchasing a miner but need help on how to pay for miner i have coinbase just need help on the process. Thank you
1 Like
I also use Coinbase. You need to connect your bank account or use a card to add funds. This usually takes about a week for Coinbase to allow you to make purchases outside of their network. You can typically immediately buy crypto. As far as what miner you are wanting to purchase that has to do with many other variables but this will get you started with Coinbase at least.
Most legitimate ASIC/GPU retailers accept debit/credit. I wouldn’t buy anything with crypto, unless you 100% sure its legitimate. For example, nerdgearz.com takes crypto, and I know for a FACT they are legitimate, as I recently purchased a gpu form them, and received it in working condition.
1 Like
Unless you buy directly from the manufacturer like Goldshell who only takes crypto. I just purchased 2 more machines from goldshell last week and paid them usdc on erc20.
Did you complete your buy yet? What miner and what site please. Im ready to get started again
Hello I’m very new and I need a trusted person DAT can hlp me buy and build a good rig then send it to my country and also give tut on how to use it … I need a min er rig DAT can gv me about $35 to $50 per day.
Regarding miner purchases, there are generally two situations: spot goods and futures. Spot goods are relatively simple and are usually stored in Hong Kong warehouses. Currently, there are three common warehouses: Debon, U-yoo, and Original Faihang (these are translated from Chinese; I’m not sure how to express them in English). When purchasing spot goods from these three warehouses, after paying the full amount and shipping fees, the shipment will be arranged. If you purchase a Whatsminer, it might be shipped from Shenzhen (a city next to Hong Kong and where most miner production factories are located), which is normal. Many Whatsminers are stored in bonded warehouses in Shenzhen, which are only allowed for export and not for sale to mainland China. For futures, you generally only need to pay as a deposit, let’s say, 50%/70%. Once the machines arrive, you can pay the remaining balance and shipping fees to arrange the shipment.
Regarding payment methods: Generally, only USDC/USDT (TRC-20/ERC-20) is accepted. This method is preferred by Chinese distributors rather than paying in USD/Wire transfer, as USD transfers can sometimes take two to three days to process. If the price of the machines spikes during this time, the distributor may refund your payment (especially if the distributor is just a broker company and has not purchased the machines themselves). So, paying in USDT is the most popular and fastest method.
Finally, let’s talk about scammers and fraudulent sales: Please repeatedly verify that the distributor you are purchasing from is legitimate. Since you pay USDT before shipment, the buyer is in a vulnerable position. It is very important to ensure that the distributor you are dealing with is reliable. Otherwise, you may lose all your money, so be careful.
Hope this will help!
-----------------------------------------------------------------------------------------------------------------------------------------
Contact me and mention “YouTube Fan” to purchase mining machines at a discounted price now:
YouTube channel: JacksCryptoGear
Email: Jack@minersource.shop
WhatsApp: 86 13917517268(Jack)
Telegram: [Telegram: Contact @Jack2140]
Sure, you can withdraw USDT from coinbase and buy hardwares.
-----------------------------------------------------------------------------------------------------------------------------------------Contact me and mention “YouTube Fan” to purchase mining machines at a discounted price now:
YouTube channel: JacksCryptoGear
Email: Jack@minersource.shop
WhatsApp: 86 13917517268(Jack)
Telegram: [Telegram: Contact @Jack2140]
