Buying Bitcoin has become a lot easier in the past few years. The easiest and fastest method to buy Bitcoin is with using a credit or debit card on Coinbase. This is probably the best method to begin with if you are completely new to buying crypto currency.
I have embedded a video of me showing you how to buy Bitcoin with your debit/credit card below.
Step 1. Go to the coinbase website
if you use the link below you will receive a bonus $10 into your account if you make $100 deposit. Realistically you can probably own BTC in 10 minutes and it’s very easy to use coinbase but I will go into a little detail for people not to computer/web savvy.
Step 2. Sign up
Sign up using your name, you have to use your real name as you may have to do identity verification and your name will have to match what you use for ID. Enter your email and your password, Verify that you are indeed Human and over 18 years old.
You will receive an email, just confirm that and then you will be taken to the next verification steps.
You will need to do some account verification checks the first being your phone number. All you need to do is enter your phone number and wait for a text message to arrive then enter the code in the SMS into the form on the coinbase website. After that you will need to upload some photo ID, either your Passport or your Drivers license. This might seem pretty weird and I was a little hesitant about uploading my ID to a website but you don’t have much choice at this point. Most exchanges ask for Photo ID. Anyway the process is pretty straight forward in principle if you have a smart phone. You have 2 options verification using your smart phone or using your webcam, I suspect most people will use their smart phone. To do that just click the option to use your smart phone and they will send you another text message. When you click the link in the message it will open your camera, just take a photo of your ID and it should upload and you should be verified. In practice though it took around 4 attempts to have this verified for me. So you may have to try a few times. The next step is picking your payment method. Either debit/credit card or bank transfer. Credit or debit card is instant but the fee is higher a bank transfer is cheaper but you have to wait sometimes upto 3 days in which time the price could of changed dramatically.
Step 4 to your dashboard
After you have completed your verification steps you should be in your Coinbase dashboard. From here you can see the price trend of Bitcoin against the dollar (you can change the currency in your account settings) you can see how it has been performing in the last hour, day, week, month, year or all the time recorded by Coinbase.
Step 5 Buying
At the top of your dashboard you will see the option for BUY/SELL, click that. That will take you to a page that will look like the one below. From here all you need to do is select the crypto you want to buy, in this case Bitcoin. Then select your payment method, you should have already added it buy if you haven’t you can add it here by clicking on the ‘payment method’ and clicking ‘add new method’. After that enter the ammount you want to buy in this example £100 ($131) then click buy!