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) 82,440.01
PrimeXBT Bitcoin (BTC) 82,303.3
Uphold Bitcoin (BTC) 82,523.01
EarnPark Bitcoin (BTC) 82,036.78
YouHodler Bitcoin (BTC) 82,153.75
Kraken Bitcoin (BTC) 81,990.1
See all 80 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) 82,440.01
PrimeXBT Bitcoin (BTC) 82,303.3
Uphold Bitcoin (BTC) 82,523.01
EarnPark Bitcoin (BTC) 82,036.78
YouHodler Bitcoin (BTC) 82,153.75
Kraken Bitcoin (BTC) 81,990.1
See all 80 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)	82,440.01
PrimeXBT	Bitcoin (BTC)	82,303.3
Uphold	Bitcoin (BTC)	82,523.01
EarnPark	Bitcoin (BTC)	82,036.78
YouHodler	Bitcoin (BTC)	82,153.75
Kraken	Bitcoin (BTC)	81,990.1

Platform	Coin	Price
Nexo	Bitcoin (BTC)	82,440.01
PrimeXBT	Bitcoin (BTC)	82,303.3
Uphold	Bitcoin (BTC)	82,523.01
EarnPark	Bitcoin (BTC)	82,036.78
YouHodler	Bitcoin (BTC)	82,153.75
Kraken	Bitcoin (BTC)	81,990.1

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 $95,586.56 with a 24-hour trading volume of $62.65B. In the last 24 hours, Bitcoin has experienced a decrease of -0.69%. 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 the price of Bitcoin?: The price of Bitcoin is influenced by market demand, investor sentiment, regulatory news, and macroeconomic factors. To track these elements and stay informed on price changes, make use of tools like real-time price comparisons and sentiment analysis available on Bitcompare.
How often does the price of Bitcoin change?: Bitcoin prices are highly volatile and can fluctuate significantly within minutes or hours. For the latest updates, use Bitcompare's real-time price comparison tool and set up email alerts to keep track of significant price movements.
Where can I find reliable Bitcoin price information?: To ensure you have accurate and up-to-date Bitcoin price information, Bitcompare offers comprehensive tools including live price tracking, exchange rates, and sentiment analysis. Bookmark the page to access it easily and stay informed.
Why are Bitcoin prices different on different exchanges?: Bitcoin prices vary across exchanges due to differences in trading volume, liquidity, and market participants. Bitcompare helps by providing real-time comparisons of prices across reputable exchanges, assisting you in obtaining the best rates.
How can I stay updated on Bitcoin price changes?: Stay ahead of Bitcoin price changes by regularly checking Bitcompare for real-time updates, setting up email alerts, and exploring the latest Bitcoin news. Bookmarking the page ensures quick access so you never miss crucial updates.
What tools can I use to track Bitcoin prices?: Bitcompare offers tools for real-time price comparisons, sentiment analysis, and email alerts for price changes. Utilize these features to stay informed and make well-informed decisions in the fast-paced crypto market.
Is sentiment analysis important for understanding Bitcoin prices?: Yes, sentiment analysis helps gauge investor mood, which can heavily impact Bitcoin prices. Bitcompare's sentiment analysis tool provides insights into market trends, aiding in understanding price dynamics better.
Can I receive alerts for Bitcoin price changes?: Yes, you can set up email alerts on Bitcompare for real-time Bitcoin price changes, ensuring you always remain informed about significant market movements.
What news events can influence Bitcoin’s price?: Regulatory changes, technological advancements, economic policies, and major trading announcements can impact Bitcoin's price. Follow the latest news events via Bitcompare to understand potential price influences.
How can Bitcompare assist in making informed decisions about Bitcoin?: Bitcompare provides real-time price information, exchange rate comparisons, sentiment analysis, and news updates. Use these resources to stay informed and make educated decisions regarding Bitcoin investments.