Buying bitcoin is very easy nowadays. Learn how to buy bitcoin just in four steps.
1. Sign up for a bitcoin exchange
The first step is to choose a bitcoin exchange and sign up. This will give you a secure place to convert your local currency into bitcoin.
After signing up you need to complete some verification steps before you can use your account. The verification process usually requires your ID.
3. Send your local currency
Now, you send your fiat money (local currency such as USD, EUR) into the account.
4. Buy Bitcoin
Once you see your deposit on the exchange, you can buy bitcoin. The price of bitcoin changes over time, but you will see the current exchange rate before you buy.
Frequently asked questions (FAQ)
How do I buy bitcoins?
The first step is to register on a crypto exchange. Than deposit money such as USD, EUR or your national currency.
There are alternate ways of buying bitcoin:
- Bitcoin ATM’s
- P2P Exchanges
Can I buy Bitcoin for 100 dollars or 10 dollars?
Yes, you can just any amount you want. The minimum amount is usually set up in exchange and most of them are ok with 10 dollars trade.
Can I buy less than 1 Bitcoin?
Yes, you buy with a minimum of 10 dollars and get zero points in Bitcoin.
How do I cash out Bitcoin?
You can withdraw your money from the exchange into your bank account or use Bitcoin ATMs.
How can I get free Bitcoins?
There are few ways how to get free Bitcoins. Even without putting your money in, you must do some work.
- Shop online and earn Bitcoin as a reward.
- Open a crypto interest account to earn free Bitcoin as an interest.
- Start crypto mining, connect to a pool and earn Bitcoin.
- Take Surveys and get some BTC.
- Become an Affiliate Marketer and promote Bitcoin services.