How to safely buy Bitcoin for a newbie

If you decide to buy your first bitcoins, then first you need to create a bitcoin wallet for storing cryptocurrency. And then use one of the ways that we now tell.

Download the official Bitcoin wallet (Bitcoin Core) + manual

Exchanger

Convenient and easy way to quickly exchange electronic money for the cherished bitcoins. You can find the exchanger through the site aggregator bestchange.ru, where you can find almost all the sites with the current conditions of the exchange and user reviews. If the site of the exchanger was unavailable, it may be that the supervisory authorities block it and you need to call a VPN for help.

To buy in the exchanger, you enter the desired amount of cryptocurrency, specify the address of your Bitcoin wallet and select a payment method. This may be a bank card or electronic money, such as Kiwi, Yandex or WebMoney.

Exchange

Cryptocurrency exchanges are the best guarantors of transactions when buying bitcoins, but such reliability comes at a price. To begin with, you will have to work hard with registration and crediting fiat money to the exchange. You will be required to undergo a partial or full verification procedure, that is, to confirm your identity. And after that, they will take a commission for crediting money to the account and a percentage of the purchase of bitcoins.

But it is on cryptotobies that it is possible to catch the most profitable course and buy bitcoins as cheaply as possible. By the way, if your plans do not include active cryptocurrency trading, then after buying Bitcoins, it is better to withdraw them to your wallet, so it will be more reliable.

Bitcoinmat

Bitcoinmats or terminals for buying bitcoins are not yet found on every corner, but nevertheless they are beginning to appear. The most difficult thing is to find a bitcoin ATM, and then you need to let it scan the barcode of your wallet from the smartphone screen, select the right amount of bitcoins to buy and feed the terminal with cash.

Please note that such machines do not have the habit of giving change, and their rate and commission are too high. But it is much easier than buying on the exchange or in the exchanger.

P2P deal

Bitcoin is quite possible to buy with it and for this it is not necessary to meet the seller personally. Find ads for the sale of Bitcoin by individuals can be on various sites and forums. The universally recognized world leader among them is the localbitcoins.com resource.

We do not recommend choosing ads with a low price and commission, because this is a clear sign of an attempt to sell a pig in a poke. But not everything is so simple, scammers are cunning guys and may well impersonate a seller with an excellent reputation and adequate transaction conditions, so you need to check everything many times.

Remember

We draw your attention to the fact that the voiced safe ways of buying Bitcoin are as such, subject to the buyer taking due care.

Therefore, always verify the authenticity of the website of the exchange or the exchanger, so as not to conduct a transaction through a phishing hacker website.

Be sure to compare the purchase rate and take into account all possible commissions, because they may surprise you unpleasantly. Choose sites with divine margins.

When carrying out any transaction, especially buying Bitcoins from your hands, check the seller as carefully as possible and if you have the slightest suspicion, just leave.

Keep in mind that it is better to buy bitcoins a bit more expensive, but it’s safer than looking at very favorable conditions and left with nothing.

Important nuances

Firstly, you do not need to buy a whole bitcoin for a few thousand dollars. Each coin is divided into 100 of millions of parts, so you can buy part of Bitcoin, for example, 50 or 100 dollars.

Secondly, the methods of buying Bitcoin from this material are also suitable for other cryptocurrencies, such as ethereum, lightcoin, monero, and so on.

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