So you want to buy a cryptocurrency for bitcoins but don’t know how to do it? So do your research on Bitcoin, you know what it is, how it works and now you want to get started. Today I am going to give you a step-by-step guide on how to buy bitcoin!
Buying bitcoin is easy. There are simple steps you need to follow to get started on how to buy bitcoin.
The first step, buying bitcoin is with your account. When you create an account, you get a digital wallet right away. Once logged in, click the ‘buy bitcoin’ button at the top of the site. Enter the amount you are willing to pay in the local currency and choose your payment method. From gift cards to bank transfers, you will surely find an option that suits you best.
When all that is done, click search and the donation page will open. Here you can see a list of vendors and their details such as username, country, amount of positive feedback, and payment method.
Find your favourite offering and click purchase. This will lead you to each donation page. Once you have read the seller’s offer terms, enter the amount of bitcoin you wish to purchase and click BUY. This will open the order trade with a dialogue box.
When a trade starts, the trader’s bitcoins are automatically transferred to Paxful’s secure escrow and at this point, the trader cannot cancel the trade. Only the buyer can cancel the trade at any time and the bitcoins will be transferred from the escrow back to the merchant wallet.
Follow all instructions for a successful trade. Submit the required files, and documents, and make a payment. When all this is done, click the “I PAID” button. If the buyer does not make a payment and is not recognized as a complete payment during the payment window period, the trade will be cancelled and the bitcoins will be returned to the seller’s wallet.
Once both the buyer and the seller have verified that the work has been confirmed and all the conditions have been met, the money will be withdrawn from your wallet.
Now, you’ve got your first bitcoin!
So that’s how you get involved initially buying Bitcoin and other cryptocurrencies. That might be an easy way to go. It is the most popular with many volumes, and the largest amount of money which means Articles, many buyers, and sellers. You do not have to worry about the immediate loss of buyers and sellers when it comes to Bitcoin.
