You have heard all of the hype around Bitcoin, you have a checking account or credit card, but have no idea how to buy Bitcoin? In this beginner’s guide we will show you different options for buying, holding and even trading Bitcoin for other crypto currencies. Hold on tight because your financial world is about to change at the speed of BTC.
Step 1 – Set up a Coinbase Account (Do a quick search for Coinbase, I don't think you can post links on Steemit)
Coinbase was founded in 2012 in San Francisco, CA as a digital currency wallet and platform where merchants and consumers can transact currencies like bitcoin (BTC), ethereum (ETH), litecoin (LTC). They now boast of a user base of over 12 million users with 40.4 million wallets. They strive for ease of use and brand trust in the cryptocurrency space.
Step 2 – When logged into your Coinbase account click the Buy/Sell tab. Then on the left-hand side a little down the page click the payment methods. You can then add whatever payment method (bank account, credit card, Paypal, etc) you would like to use to purchase your cryptocurrency.
Step 3 - Almost there! On the same Buy/Sell tab, now you choose which coin you would like to purchase along with your payment method, and the amount you would like to purchase. Make sure everything looks correct on the right side of the page. If everything looks good just click that big blue BUY button!
Congratulations! You are now part of the growing cryptocurrency owner club! That was pretty easy huh?!