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How to buy Bitcoin

bitcoin-www.techblogspro.com

The easiest way to become involved is by simply signing up for a bitcoin wallet support. One can also “mine&rdquousing a supercomputer -- an unrealistic option for many people -- or set up and control your own wallet, but utilizing a third-party support is far easier. 

Some of the most famous options are Coinbase, Blockchain.info, and Xap
o, which you may use on both desktop and mobile. One can enroll for these as you'd enroll for any web website. Enter your name and email address and set a password to get started.After some extended research, I decided on using Coinbase as a ‘one stop shop'. They set me up with an address, a pocket along with the conversion of pounds to Bitcoin itself. 

I enjoy their intuitive web site and cellular application, which allows me to receive and send Bitcoin on the move. The whole process took me less than fifteen minutes. 

1. Create a Coinbase account 
Click here to get a special promo page inviting you to join. 
Complete the brief form and hit “Sign up”. 


2. Verify your email 
Head to your inbox and click on the verification link. It might take a few minutes to arrive (check junk folder if longer). 


3. Connect your phone 
To safeguard your account, you'll be asked to link up your mobile phone. 
This can be known as 2-factor authentication and that means no one can access your account without knowing your password and holding your phone. 
Coinbase will send you an SMS with a code. Input this in the box, along with your account's created and secured 


4. Verify your identity 
You're now looking at your dash panel, however before having the capability to purchase Bitcoin you need to confirm your identity. 
Scroll down and click on the “Confirm your identity” block (bottom left). 




Pick an ID type. Now determine how you want to take a photo of it (webcam or mobile). 
The dwell verification check only takes a moment or so. 


5. Add a payment system 
Back on the dash panel, scroll down and click “Add rdquo & a payment system;. 
For the purposes of this tutorial, I suggest utilizing a credit or debit card. This allows you to purchase Bitcoin immediately, but notice there's a commission. 
Wire transfer is an option, but takes a few days to installation. In addition when I tried it had to be made in Euros (which for the small amount I purchased would have cost me more in charge fees compared to a card). 
Run throughout the card authentication process and you're ready to purchase your initial Bitcoin. 


6. Purchase Bitcoin 
Click “rdquo Buy/Sell &; in the top menu. 
Ensure “rdquo & Bitcoin; is selected and your payment system ought to be pre-loaded. 
Enter in the quantity of cash (or Bitcoin) you wish to purchase. I purchased £100 nevertheless it might be as small as £5 (£74 is required for the £7 signup bonus). 
The conversion will be automatically shown. The box on the right shows the full transaction, including the fees.

Click “Buy Bitcoin Instantly” and the Bitcoin will be added to your wallet immediately. Congrats! 

In my example, I purchased £100 with total Coinbase fees of £3.41. The remaining £96.59 bought me 0.01603666 Bitcoin.

7.Check your Bitcoin wallet
Click “Accounts” in the top menu.
Under “BTC Wallet” you should now see your Bitcoin amount and the transaction.

This is also where you're able to send and receive Bitcoin.

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