How to buy Bitcoin

 

It can be confusing and frustrating when you first start your Bitcoin adventure. Don't worry, it gets easier once you have all your accounts and systems set up.

 

Set up an account with a cryptocurrency exchange

Examples might be Bitfinex.com, Binance.com, Independentreserve.com etc. depending on where you live.

 NB: Choose an exchange that you can fund easily from your bank account and withdraw to your bank account.

 

Fund your account

Transfer money from your bank account to your cryptocurrency exchange account.

Follow the directions given to you by your exchange; they should have user guide videos.

 

Buy Bitcoin

Buy some Bitcoin.

Once you become more experienced, you can set trades to buy at certain set prices such as when the Bitcoin price drops.

Follow the directions given to you by your exchange; they should have user guide videos.

 

Invest

Once you own Bitcoin, you can hold it in anticipation of a price rise, or you can invest it in platforms that grow Bitcoin and provide passive income streams.

 

 

 

 

 

 

The blessing of the Lord makes one rich,
And He adds no sorrow with it.

Proverbs 10:22 (NKJV)

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