Buy Bitcoin

How Can I Buy Bitcoin?

Bitcoin can be bought on exchanges, or directly from other people via marketplaces.

you don't need to buy a full Bitcoin. That would be  expensive A Bitcoin can be divided all the way down to a one hundred millionth. You can buy as little as £10 if you wish.

 5 things before buying Bitcoin:

  1.  Bitcoin address – A string of numbers unique to you, that allows you to receive Bitcoin (acts like a bank account number). Also known as a ‘public key'.

   2. Bitcoin wallet – A secure place to store your Bitcoin (acts like a bank account).

   3.Bitcoin exchange – A website to convert old-school cash into Bitcoin (acts like a bureau de change).
  4.  Payment method – A debit or credit card to buy Bitcoin.

  5.  Form of identity – You'll need your passport or driver's license to hand.

How to buy?
If you want to trade in digital currencies, you are going to need a platform on which to trade them, and an intermediary to communicate with the network.That’s where Coinbase comes in.

DEFINITION of 'Coinbase'

Coinbase is a bitcoin broker that provides a platform for traders to buy and sell bitcoin with fiat money.

Steps to Buy your First Bitcoin

1.Create a Coinbase account

2.Verify your email

3.Connect your phone

=>To secure your account, you'll now be asked to link up your mobile phone.

This is known as 2-factor authentication and means no one can access your account without knowing your password and holding your phone.

Coinbase will immediately send you an SMS with a code. Enter this in the box, and your account's created and secured

4.Verify your identity


5.Add a payment method



6.Buy Bitcoin

7.Check your Bitcoin wallet
Done......