Whether you have purchased Bitcoins before or are new to the Bitcoin cryptocurrency, there are many places online that you can purchase your Bitcoins securely. Here is how to buy bitcoins online safely.
Your Bitcoin Wallet
In order to manage your Bitcoins you need a Bitcoin Wallet.
A “wallet” is just like your bitcoin equivalent of a bank account. When you have set up a wallet you will be able to send and receive bitcoins and manage your balance. There are some software aps which can be installed on your PC/mac or mobile device as a wallet but they do require some technical details to set up correctly which we will look at later.
The easiest way to get started and set up your first bitcoin wallet is to use one of the many online services or ‘hosted wallets’ available. These are simple to set up but you must ensure you use a company or website that is trustworthy and we will list the most trustworthy and popular wallets below. How to buy bitcoins You can also buy bitcoins from inside your dashboard of these websites using credit or debit cards depending on your country/location.
Coinbase has become one of the most popular ways to buy and sell bitcoin and ethereum cryptocurrencies. Coinbase is web hosted wallet which is very easy to use and ideal for beginners. Coinbase offer a mobile app which can also be used to manage your account. You can buy and sell bitcoins and etherum from within your account. Coinbase is trusted and used by Millions of customers worldwide. You can get $10 worth of bitcoin free when you join and fund your wallet through this link.
Blockchain.info is another web hosted wallet very easy to set up and also has a mobile app with unique paring code which is a nice feture. . Bloclchain.info offer some other bitcoin servicea and have a nice useful ‘security’ section in your dashboard with some good information and steps available that enables you to make sure your account remains totally secure. The ability to buy bitcoin with blockchain does depend on your country location. Ideal for US, UK and Europe. Click Here To Create a Blockchain Wallet.
CoinCorner web based wallet is an Ideal choice for residents in the UK, US and Germany as well as other countries. The site is available in English and German from the language selector. Buying bitcoin using your credit or debit card is easy and the account management and dashboard is nicely laid out and easy to understand and navigate. The CoinCorner mobile app again gives all the functionality of the website on your mobile app. Coincorner has been around since 2004. To open a wallet with CoinCorner click here.
LocalBitcoins.com is a web based wallet and trading website established in 2012 that allows trading of bitcoin peer to peer and has users in all countries of the world which makes buying bitcoin easy.The parent company, LocalBitcoins Oy is registered to Helsinki, Finland. On the 2012 Transparency International Corruption Perceptions Index, Finland is the least corrupted country in the world.The website is geared more towards buying and selling of bitcoins so the wallet itself although it has everything you need to view your transactions and send and receive it does not have the same look and feel as other wallet dashboards. Localbitcoins.com is the ideal place if you want to buy bitcoins locally or you are in in some minority country that other wallets will not allow you to buy by card.Register with localbitcoins here to create your wallet. localbitcoins makes local trading via bank transfer very easy and we will take a look a how to buy bitcoinn locally in a separate post topic.
When you create a wallet with any of the above trusted websites you can follow the directions inside your dashboard for how to buy bitcoins using that site. To buy with debit or credit cards you will first need to register or add your card to your account. If you prefer to buy locally or via bank transfer we recommend localbitcoins.com.
CEX.IO is a platform where you can easily buy Bitcoins with credit card Instantly without the limits and restrictions of some other websites Deposits via credit cards are available almost in all countries. You can use your ordinary VISA/MasterCard in USD, EUR, or your local currency. In most cases, card payments are processed instantly. Bitcoins will be credited to your CEX.IO account automatically, right after purchase. Buy Bitcoins with your ordinary VISA/MasterCard.
Xcoins is a website that allows you to buy Bitcoins instantly with credit card and even Paypal actually via a secure lending process. It works much like an exchange with the The process of receiving bitcoin is exactly the same as at an exchange. First, you give money to the lender. Then, he or she gives you bitcoin. But, as an added bonus, should you decide you do not need the bitcoin any more, or you found a better exchange rate, you can return the bitcoin to the lender and get your deposited amount back. The fees are higher than some other providers but you do have the benefit of returning the bitcoin later. Get a Bitcoin Loan from xcoins.