How To Buy Bitcoin

Buy Bitcoin in 3 Easy Steps

Where to Buy Bitcoin

Kraken

Kraken is one of the largest and most trusted cryptocurrency exchanges in the world. It offers a variety of ways to buy Bitcoin, including credit/debit card, ACH deposit, and Apple/Google Pay. Kraken also has a low fee structure, making it a great option for beginners.

To buy Bitcoin on Kraken, follow these steps:

1. Create a Kraken account.
2. Verify your identity, Kraken will ask for your full name, address, and phone number. This is a standard procedure for all cryptocurrency exchanges.
3. Fund your account, you can fund your account with a variety of methods, including credit/debit card, ACH deposit, and Apple/Google Pay.
4. Buy Bitcoin, once your account is funded, you can buy Bitcoin by clicking on the "Buy/Sell" tab and selecting "Bitcoin".

Binance

Binance is another popular cryptocurrency exchange that offers a variety of ways to buy Bitcoin. Binance has a lower fee structure than Kraken, but it is not as well-regulated. To buy Bitcoin on Binance, follow these steps:

1. Create a Binance account.
2. Verify your identity.
3. Fund your account.
4. Buy Bitcoin.

Coinbase

Coinbase is a popular cryptocurrency exchange that is known for its ease of use. Coinbase offers a variety of ways to buy Bitcoin, including credit/debit card, ACH deposit, and PayPal. Coinbase has a higher fee structure than Kraken and Binance, but it is a good option for beginners who are looking for a simple and easy-to-use exchange.

To buy Bitcoin on Coinbase, follow these steps:

1. Create a Coinbase account.
2. Verify your identity.
3. Fund your account.
4. Buy Bitcoin.

How Much Bitcoin Should You Buy?

The amount of Bitcoin you should buy depends on your individual circumstances. Some factors to consider include your investment goals, your risk tolerance, and your financial situation. If you are new to Bitcoin, it is a good idea to start with a small investment and gradually increase your investment over time as you learn more about the cryptocurrency.