In today's post we will be talking about how you can get your own bitcoin (or most likely, your own little piece of a bitcoin).
First of all you have to create an account on https://www.binance.com, after you made an account on this website you can scroll down and follow these steps.
- Go to Funds - Deposits withdrawals
Source: www.binance.com
- In te search bar you type: BTC, you should be able to see "BTC bitcoin" . When you see this you head over to "Deposit", in this tab you will see your Bitcoin deposit address. You will need this later to tell the site where you buy your bitcoins from where they have to deliver the cryptocurrency at.
Source: www.binance.com
Now we need to buy our bitcoins. To do this you will need to have a bankcard with you, this because you "convert" your money to a online cryptocurrency. In this case the Bitcoin. You can use any of the sites listed here, the website I use to buy my Bitcoins is called https://www.litebit.eu/en/buy. You can also buy other currencies directly on this website, you just have to enter the amount that you wan't and enter the wallet to send it at. Beware, sometimes the bitcoin stock on the website that I use can run out. But no worries, they get back in stock asap.
The section "Receive Address" is the place where you paste your Bitcoin wallet id, number or whatever you wan't to call it. All the other things on the website should point themself out. After you filled in everything you can press the "next button" this will take you to the paymentpage. After you paid for the wanted amount of Bitcoins you will receive your Bitcoins into you wallet (at binance.com). NOTE, this can sometimes take upto an hour.
Source: www.litebit.eu
That's all, the next step you will learn is howto transform these bitcoin pieces in other cryptocurrencies and start making profit out of them.
Posted from my blog with SteemPress : http://www.thecryptoinvestorblog.com/howto/setting-up-your-wallet-and-buying-your-first-cryptocurrency/