If you are interested in learning how to buy Bitcoin, but scared about all of the talk about cold storage and paper wallets, I am here to recommend a service to easily get in on the Bitcoin boom and claim you stake.
Bitcoin, the most popular cryptocurrency, is now accepted around the world and has a growing number of applications — but it has been difficult to know how to purchase and store it. I’ll walk through how to set up a Coinbase account and make your first purchase! I’ll even give you a special link code to get $10 free bitcoin with your first $100 purchase.
Coinbase’s wallet comes with a user friendly wallet that ties directly into its exchange services and is simple to use, easy to buy and sell using their online site or mobile app. The platform allows for the purchase of Bitcoin, Ethereum, or Lightcoin. I’ll refer to Bitcoin, but the same process applies to purchasing any of these coins.
It is one of the most popular American Bitcoin wallets. Since they operate in the US, I have a lot more trust in them than I do over other wallet options. When you sign up, you get a certain amount of insurance for the Bitcoin you store, and you can go online from any device to check up on your amounts or make a change.
Coinbase is perfect for people buying their first Bitcoin. It’s very simple to use, has a visual interesting interface, and displays consistently high quality when it comes to taking care of customers — without pushing fees too high. It is a good balance of enough service to keep things running smoothly with bank like fees. I highly suggest you start here if you are looking for the easier first bitcoin buying experience.
Once you sign up for an account, and enter a few verification details then you are ready to find your account. This is available through using your credit card or linking to your bank account. There are some fees associated with using a card and a lower limit you can invest, so I decided to go the bank account funding route and had no issues connecting my account.
After you set up you payment, you are ready to buy your first Bitcoin! On a mobile device once you click the buy button, your screen will look like this:
Then you just need to enter how many coins or how many USD you want to buy and click the button at the bottom of the screen and after a few days of clearing time, you are the proud new owner of the hottest new currency in the world.
Want to get $10 in free Bitcoin, Ethereum, or Litecoin? Use this link and when you buy $100 worth you will get an extra $10 deposited into your account.