How to buy Bitcoin

Create your Bitcoin Wallet

For this short tutorial, we will be using Paybis as our exchange for purchasing Bitcoin. This platform is an excellent choice for beginners because of its clean interface, overall responsiveness, and speed of execution.

Additionally, your first Bitcoin purchase will be void of any fees so that you can try the exchange cost-free.

And last but not least, Paybis doesn’t store your Bitcoin in an online wallet but instead sends your coins directly to your private Bitcoin wallet. This way, you can keep control of your funds at all times.

As such, you will need to create a Bitcoin wallet before your first transaction. Here are a few options you can use for your convenience:

Mobile Wallet - These convenient smartphone apps will allow you to carry your crypto wherever you go. We recommend Atomic Wallet.

Desktop Wallet - The desktop version of the Atomic Wallet will turn your PC into a cryptocurrency vault.

Hardware Wallet - These are specialized devices that offer convenience and top of the line security measures. We recommend the Ledger Nano S.

Once you have picked your wallet type and created your own, it’s time to start your Bitcoin purchase on Paybis.

Initiate your transaction

First, visit Paybis and register as a new user. Once that is done you can start your Bitcoin purchase.

In the left drop-down menu select you preferred method of payment, We will use a credit card in this guide.

In the right drop-down menu, select BTC Bitcoin.

Fill in the desired amount and click on Buy Bitcoin to proceed.

Verify your ID

On Paybis, the identification procedure is streamlined for your convenience. Simply follow the steps to comply.

Fill in your Personal details

Enter your Name, Surname, and Date of Birth. Make sure you are 18 or older before proceeding.

Enter you address and region

Select your country and type in your address. Make sure this information is the same as the one on your ID piece.

Upload an ID document of your choice

Finally, upload a picture of your ID. The clearer the picture, the faster the processing will be. Clicking on “Submit” will send your data to the Paybis team.

This KYC process lasts around 5 minutes. Once you are deemed eligible for using the exchange’s services, the system will ask you to proceed.

Receive Bitcoin

In this step, enter the Bitcoin address of the wallet you previously created and proceed. Follow the instructions to finalize your payment. Once the transaction is processed by the system (credit card transactions are nearly instantaneous), you should be receiving your Bitcoin within minutes.

In case the waiting time seems too long, you can contact their support team through the live chat function 24/7.

We think that this is one of the simplest and safest ways to buy Bitcoin and own a part of the best performing asset of the decade.