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
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.
See all 24 pricesPlatform Coin Price Bitpanda Bitcoin (BTC) $62,699 M2 Bitcoin (BTC) $62,497 Uphold Bitcoin (BTC) $61,358 YouHodler Bitcoin (BTC) $62,121 Wirex Bitcoin (BTC) $62,715 EarnPark Bitcoin (BTC) $62,766 2. Create an account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
See all 24 pricesPlatform Coin Price Bitpanda Bitcoin (BTC) $62,699 M2 Bitcoin (BTC) $62,497 Uphold Bitcoin (BTC) $61,358 YouHodler Bitcoin (BTC) $62,121 Wirex Bitcoin (BTC) $62,715 EarnPark Bitcoin (BTC) $62,766 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 Ledger or Trezor.
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 $62,213 with a 24-hour trading volume of $30.57B. In the last 24 hours, Bitcoin has experienced a decrease of -0.15%. The market cap of Bitcoin stands at 1.27T, with $19.76M BTC in circulation. For those looking to buy or trade Bitcoin, YouHodler offers avenues to do so securely and efficiently.
- Market cap
- $1.27T
- 24h Volume
- $30.57B
- Circulating supply
- $19.76M
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