How To Buy Bitcoin: BEST Step-by-Step Guide

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Bitcoin hit a record high of $16804 per coin on Thursday, December 13. So, more and more people have decided to invest in cryptocurrency and feel like on top of the Earth. Well, despite there are some risks, record high bitcoin value attracts new customers.

Well, let’s see how it works – Nexter.org explains how you can buy bitcoins.

Step 1. Install the coinbase app

Here is how it looks

this-is-what-the-coinbase-app-looks-like-on-an-iphone-photo

Source: Chris Weller/Businessinsider

Step 2. Create an account

You need to sign up for a Coinbase account. This will give you a secure place to store your bitcoin, and easy payment methods to convert your local currency into or out of bitcoin.

how-to-buy-bitcoin-coinbase-app-photo

Source: Chris Weller/Businessinsider

Step 3.  Your data

After your account is created you need to provide your personal data such as identifying info, state, address etc.

how-to-buy-bitcoin-coinbase-app-adress-photo

Source: Chris Weller/Businessinsider

Step 4.  Connect Your Bank Account

After you sign up, connect your bank account. You’ll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start a purchase.

bank-account-how-to-buy-bitcoin-photo

Source: .coinbase

Step 5. Buy and Sell Bitcoin

After you got the confirmation, you are ready for the purchase. Just enter the sum you want to spend and confirm the transaction. But remember, the price of bitcoin changes over time, so we’ll show you the current exchange rate before you buy.

how-to-buy-bitcoin-app-explaine-photo

Source: Chris Weller/Businessinsider

Well done! You’re a lucky bitcoin owner now.

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Summary
How To Buy Bitcoin: BEST Step-by-Step Guide
Article Name
How To Buy Bitcoin: BEST Step-by-Step Guide
Description
Bitcoin hit a record high of $16804 per coin on Thursday, December 13.
Author
Publisher Name
Nexter.org

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