The following guide will outline the steps required to purchase your first Bitcoin.
How to buy bitcoin
When you use this guide to buy bitcoin instantly, please take the following advice into consideration during the process:
Only choose the amount you are prepared to invest, and take into account the exchange fees.
Be patient, blockchain transactions are not instantaneous and do require a little bit of time to be processed. Bitcoin transactions can take up to a couple of hours. Take your time and focus when entering addresses for sending / receiving Bitcoin.
Make sure you use the guides provided on this website to learn the process of sending / receiving Bitcoin, as well as safely storing your Bitcoin in a wallet.
- Desktop Setup
Coinbase has remained a consistently safe and secure exchange to purchase Bitcoin with clean and easy to use interfaces on both web browser and mobile phone applications. Hence why this is our number one recommendation for people getting started.
Go to: www.Coinbase.com and create a new account.
Please note: always check the authenticity of the site before registering or logging in.
Buy Bitcoin 1 Buy bitcoin instantly instant bitcoin buy
Coinbase has designed a clean and easy to use interface for its web browser.
The Dash board tab features real-time price charts for Bitcoin, Etherium, Bitcoin Cash & Litecoin.
For a broader market view utilise the time frame feature (1H 1D 1W 1M 1Y ALL)
It will show you your recent activity as well as your portfolio showing you a breakdown of your crypto and fist balances.
The price at the top is your total balance.
Buy Bitcoin 2 Buy bitcoin instantly instant bitcoin buy
Buy Bitcoin 3 Buy bitcoin instantly instant bitcoin buy
- Buy And Sell
Buy Bitcoin 4 Buy bitcoin instantly instant bitcoin buy
Select the “Buy” tab and choose your preferred crypto currency
Choose your payment method;
Credit card will delver your crypto instantly but with higher fees (4%)
Bank Debit cards take 4-5 days but have lower fee (1.5%)
Input the amount in Fiat or crypto, the conversion works both ways
Available FIAT currencies include USD, GBP & EUR
When you first join your limit will be lower but can easily be increased by additional verification of your account and buying cryptocurrencies on the platform
- Accounts
This is where you go to SEND and RECEIVE cryptocurrencys as well as DEPOSIT and WITHDRAW FIAT currencies.
A vault can receive funds like a normal wallet, but can also prevent stored funds from being immediately withdrawn by adding optional security steps. Users can also choose to split ownership between multiple users and email accounts, requiring these users to approve of a transaction before it can be completed.
- Input the recipients address
- Choose which wallet to send from. E.g Bitcoin from the BTC Wallet
- Enter the amount in your local currency or Bitcoin. Conversion works both ways
- Add a reference note (optional)
- Click “Continue”
Tools – This section will show you all the addresses, recurring transaction, reports and history of your account
Settings – Edit your user profile, preferences, security, API access and limits
TIP: Always double check the recipients address before sending, I personally focus on the first and last two digits of the address. Example:
0x94F20cCfF70D82d1579D8B11F2985F8De9B287CF