Introduction
When it comes to buying crypto like Bitcoin, there are a lot of factors that come into play, such as location and protocol. Fortunately, in the United States, you can buy Bitcoin on Coinbase’s centralized exchange. Coinbase is the most trusted place for people and businesses to buy, sell, and manage Bitcoin. It’s quick and easy. Here’s a step-by-step guide on how to buy Bitcoin. Click here to sign up on Coinbase.
Step-by-step
1. Create a Coinbase account.
Download the Coinbase app and start the Sign up process. You will need a valid ID and may be asked for proof of address in order to transact, so be sure to have those ready. Verifying your ID may take longer than a few minutes, depending on where you live.
2. Add a payment method
Tap on the payment method box and connect a payment method. You can use a bank account, debit card, credit card, or initiate a wire.
3. Start a trade
On Coinbase.com, select Buy & Sell. On the Coinbase mobile app, tap the (+) Buy on the Home tab.
4. Select Bitcoin from list of assets
On Coinbase.com, click the Buy panel to search and select Bitcoin. On the Coinbase mobile app, search for Bitcoin by typing “Bitcoin” into the search bar. When you see Bitcoin appear in the results, tap it to open up the purchase screen.
5. Enter the amount you want to buy
Use the number pad to input the amount you want to spend in your local currency. The app will automatically convert that into a Bitcoin amount. You can tap the arrow buttons to the right of the amount of money you want to spend to switch the number to the equivalent amount of Bitcoin.
6. Finalize your purchase of Bitcoin
Tap “Preview buy” when ready. You’ll be shown the details of your purchase. Make sure everything looks good and then confirm your purchase by clicking “Buy now”.
Once the order processes, you’ll be taken to the confirmation screen. That’s it, you’ve bought Bitcoin.