How to Buy Bitcoin (BTC): A Step-by-Step Guide

Introduction

When purchasing Bitcoin, there are several factors to consider, including choosing an exchange to purchase it from and transaction method. Fortunately, we’ve compiled a bunch of reputable exchanges to help you with the process.

Step-by-Step Guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in the in your country and supports Bitcoin trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Nexo Bitcoin (BTC) 98,837.48
PrimeXBT Bitcoin (BTC) 98,805.5
M2 Bitcoin (BTC) 98,876.4
Uphold Bitcoin (BTC) 98,849
EarnPark Bitcoin (BTC) 97,736.39
OKX Bitcoin (BTC) 98,840
See all 78 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Nexo Bitcoin (BTC) 98,837.48
PrimeXBT Bitcoin (BTC) 98,805.5
M2 Bitcoin (BTC) 98,876.4
Uphold Bitcoin (BTC) 98,849
EarnPark Bitcoin (BTC) 97,736.39
OKX Bitcoin (BTC) 98,840
See all 78 prices
3. Fund Your Account
Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.
4. Navigate to the Bitcoin Market
Once your account is funded, search for "Bitcoin" (BTC) in the exchange’s marketplace.
5. Choose a Transaction Amount
Enter the desired amount of Bitcoin you wish to purchase.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy BTC" or equivalent button.
7. Complete Transaction
Your Bitcoin purchase will be processed and deposited into your exchange wallet within minutes.
8. Transfer to a Hardware Wallet
It’s always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Nexo	Bitcoin (BTC)	98,837.48
PrimeXBT	Bitcoin (BTC)	98,805.5
M2	Bitcoin (BTC)	98,876.4
Uphold	Bitcoin (BTC)	98,849
EarnPark	Bitcoin (BTC)	97,736.39
OKX	Bitcoin (BTC)	98,840

Platform	Coin	Price
Nexo	Bitcoin (BTC)	98,837.48
PrimeXBT	Bitcoin (BTC)	98,805.5
M2	Bitcoin (BTC)	98,876.4
Uphold	Bitcoin (BTC)	98,849
EarnPark	Bitcoin (BTC)	97,736.39
OKX	Bitcoin (BTC)	98,840

What to be Aware of

When purchasing Bitcoin, it’s important to choose a reputable exchange that is easy to use, and has reasonable fees. Once you’ve done this, always transfer your crypto a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.

Latest Movements

Bitcoin (BTC) is currently priced at $97,736.39 with a 24-hour trading volume of $62.65B. In the last 24 hours, Bitcoin has experienced a decrease of -1.13%. The market cap of Bitcoin stands at $1.85T, with 19.81M BTC in circulation. For those looking to buy or trade Bitcoin, Nexo offers avenues to do so securely and efficiently}

Market cap: $1.85T
24h volume: $62.65B
Circulating supply: 19.81M BTC

See latest information

Frequently Asked Questions About Buying Bitcoin (BTC)

What affects Bitcoin's price?: Bitcoin's price can be influenced by market demand and supply, investor sentiment, regulatory news, and macroeconomic trends. Stay informed with Bitcompare's tools like real-time price comparisons and sentiment analysis to understand these dynamics.
How can I monitor Bitcoin's price effectively?: Use Bitcompare's real-time price comparisons, email alerts, and news updates to stay on top of Bitcoin's price. Regularly check these features and bookmark this page to keep informed of market changes.
Is Bitcoin's price the same on all platforms?: Bitcoin prices can vary between exchanges due to differing liquidity and fees. Bitcompare helps you find the best rates by comparing prices across reputable platforms, ensuring you have comprehensive data.
Why is Bitcoin's price so volatile?: Bitcoin's volatility is due to its relatively small market size, speculative trading, and changing regulatory news. Use Bitcompare for the latest price updates and sentiment analysis to navigate this volatility.
Can I get alerts for Bitcoin price changes?: Yes, Bitcompare offers customizable email alerts to notify you of significant price changes. Set up alerts to stay updated on market movements, allowing you to respond to changes promptly.
Where can I find the latest Bitcoin news?: For the latest Bitcoin news, check Bitcompare's news section, which provides real-time updates on significant events affecting Bitcoin's price. Regular visits will keep you well-informed.
How often should I check Bitcoin's price?: Frequency depends on your investment strategy, but regularly checking Bitcompare's tools can keep you informed on important price movements. Bookmark the page to easily access the latest data.