You are here

/

Bitcoin exchange for beginners

Bitcoin is a cryptocurrency, and for every non-experienced trader, it may be a little bit complex to make a purchase and receive the very first coin.

1st-Time Buy Best Practice Bitcoin Exchange

First Bitcoin
5
Average: 5 (1 vote)

Buy bitcoin for the first time

The lack of knowledge requires a lot of preparation, especially in an area full of complicated information. For this reason, there is a working solution.

If you start to understand the Bitcoin from A-Z, it may take over a week (or more), especially if you have no technical experience with blockchain, IT, cryptography, and networks.

The most important things you need to know before start using BTC :

  • What is Bitcoin - it's a digital currency with blockchain technology with integrated cryptography.
  • What is a BTC wallet - your property on the blockchain. That's the place to store your coins. There are wallets for any device (computer, laptop, tablet, smartphone), paper wallet, and hardware wallet (probably the most secure one).
  • What is a recovery phrase - your unique password to prove your ownership (never share this phrase with anyone).
  • What is private key - it has the same functionality as the recovery phrase.
  • What is public key - that's the key to generate your public address for transactions (to receive coins). Each time you're going to accept BTC, just create a new address (from the wallet you're using)
  • Bitcoin price - there is a global index with the current price, and there are exchange rates to Buy and Sell (there are a little bit different).
  • Transaction fee - each transaction has costs of about 0.005 BTC. On Lightning network, the price is much lower.

That's all you need to get started today.

Best practice for 1st-time buyers

First of all, there is no problem to be a non-experienced trader. The community is open to help anyone with a lack of knowledge (one of the reasons BTC to be the best coin to understand cryptocurrencies). You can find a lot of helpful information, free assistance, and real support from the community, exchanges, and other traders.

Keep in mind that if someone asks to pay for an introduction, it's possible to be a scam offer (or just an unfair deal for).

There is no need to become a crypto expert to get some BTC. Of course, it's a personal choice. However, a common way to get started quickly is by following the steps below.

  1. Download a free wallet (like Blockstream Green);
  2. Secure the wallet;
  3. Order a small amount of BTC to try the whole process;
  4. Buy Bitcoin as much as you wish;
  5. Store your wallet securely;

Beginners-friendly Bitcoin exchange

It's the blockchain-friendly platform that doesn't keep your funds, and in the same with one of the easiest possible service to Buy BTC (real Bitcoin).

It's not a secret that the slogan is 'Your Shortcut to Bitcoin', because you can get any amount of BTC instantly to your wallet.

  • What includes the beginners-friendly process:
  • Information about BTC wallets, where to download, how to set up and secure;
  • Explanation of the BTC address and how to get one from a new wallet;
  • Instant transactions to a given address
  • Easy to use interface to Buy and Sell
  • Flexible platform for regular orders and corporate purchases (such as significant investments)

How it works for every beginner:

  1. Create an account
  2. Approve your account to trade real BTC
  3. Purchase an amount by your choice
  4. Make payment via bank transfer (the credit cards have additional fees, and it's not a good idea to order crypto with money on credit)
  5. Receive the coins in your wallet

How much BTC to buy with my first-time order:

  • There are packages for beginners which vary between 0.005 and 0.02.
  • It's better to start with something small.
  • Afterward, you can start buying any amount.

How to open an account :

  1. Visit the registration page
  2. Submit your name, email, and phone
  3. Complete the registration

You can Open account today

Keep in mind that the exchange of EUR to BTC requires account verification, which part of International requirements like KYC (Know your customer) and AML (Anti-money-laundering) policies. If you don't have a problem with that, it's just a question of time to get your first portion of Bitcoin.

How long it takes to get your first Bitcoin?

If you complete the account authorization now and send a copy from your bank transfer, then you can get the BTC amount in the same day (usually in a few minutes).

The easy way to get started with Bitcoin


More Articles

Bitcoin Western Union
Buy Bitcoin with Western Union
Local Bitcoins
LocalBitcoins alternative
PayPal Bitcoin
Buy Bitcoin with PayPal