Simplest Question: Where do I get bitcoins

[lwoodsusa]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

[kolesozw]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

The easiest way is to signup with an exchange like Coinbase or Binance.

But if you want a simple swat of your $500 into Bitcoin, then you could use a site like Coinmama. The interface of Coinmama is straightforward and non-confusing.

[Upgrade00]

I have $500US that I want to convert to bitcoin.  HOW?

• Do your research on the legality of Bitcoin in your country.
• If local trading is allowed, then you can sign up on a local exchange platform, deposit your fiat and withdraw BTC

Also, decide on what level of privacy you want. Some users want to remain completely anonymous, this would require avoiding KYC, using decentralized and peer to peer platforms to buy and sell bitcoins. You can also learn about mixing and coinjoining services so as to blur the flow of transactions and make it untraceable to you.

[UmerIdrees]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

The simple answer to this question is that you can buy it from any P2P exchange which your country supports. First you should check binance P2P trading
https://c2c.binance.com/en and see for yourself if your country is supported.

[MarcAss]

I am buying BTC at KuCoin, one of the exchanges that you can join to trade various tokens like bitcoin or other altcoins

[aoluain]

You can buy Bitcoin with a custodial type if closed accountwith the likes of Revolut or Paypal (us only)
you can buy Bitcoin hassle free but you cannot take the Bitcoin off their platform.

Second as suggested above you can register an account with Coinbase or Binance and verify
your personal details (KYC) so that you can buy Bitcoin to either leave it there or move to your
own private wallet.

There are also PEER TO PEER platforms you can use such as:

Paxful.com
Bisq.network

[adzino]

You have $500 in cash? Do P2P or OTC trading. There are some places where you can buy bitcoin from physical locations. You can try using a bitcoin ATM (insane fee. Just easier and faster). Or you can join an exchange. Connect your bank and fund your account. Buy bitcoin with it. There are also other sites that lets you buy bitcoin instantly with your credit card. But they have bad exchange rates and those fees are not worth paying (if you are buying high volume).
Or you can find someone over here and send them paypal or bank transfer and you can receive those coins from them. Make sure you use an escrow.

[AmoreJaz]

hope the OP will find the best option for him to convert his fiat to crypto. and pls remember, if you will receive unsolicited pms offering that they can do it for you, doubt about his intentions. if you can do it without asking anybody ,the better. there are so many options already as suggested by users here. just make sure you are on the official sites before signing up.
you can always do it on your own and not ask someone to do it for you. if you will ask someone, the chance of being screwed is high.

[Evgenklm]

it's very simple, most of the top exchanges have exchange $ for cryptocurrency, you only need to pass KYC, and that your savings lay on the card at the same binance is very simple to do this, or a similar cryptocurrency exchange , so you can find the exchanger where you can buy bitcoin , but in exchange you must be careful, because you can fall for scams in general enough choice.

[irixo10]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

There is nothing confusing about it but a straightforward process. First thing would be to know your country's perspective on crypto and the exchanges that are supported, let's assume it is Binance exchange. Assuming it is Binance exchange, you visit Binance exchange and create an account, since you want to purchase with fiat, it means you will have to get your account verified, that is, submitting some documents like your Identity Card, after the account is verified you can buy Bitcoin with your credit card. This is just an explanation with Binance exchange and same or almost same steps with other exchanges that are supported in your country.
Another option would be to find a Peer-to-peer platform where you can pay with cash and they transfer Bitcoin to your wallet, but in this case you need to be smart and careful so that you won't be scammed.

[cryptoperkele]

If OP is newb (and he is). I would consider using coinbase instead of binance. Binance can be too overwhelming for people who don't know first thing about investing in btc. I mean the whole GUI is a maze and even people who are experienced in it can get pretty lost there.

[3meek]

There are many ways to buy bitcoin, from exchangers to various mobile applications... You can also register on an exchange and buy bitcoin there... I think if you read this forum you will find the right option for you!

[Lucius]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

I am one of those "Old People," and have been in the computing business WAY longer than 99.9% of all of you, and I find the arrogance of the "bitcoiners" unbelievable.  You talk about bitcoin this and bitcoin that but you never address the answer to a question that I have asked in many of these forums, "I have $xxx dollars in US currency in my hand.  How do I convert that to bitcoins?"

You still don't understand? I know some people need a little more time to figure things out, but it's been almost 3 months since you first asked the identical question. For someone who is such a great expert in the computing business, three days would be quite enough to understand all the basics.


MarcAss, stop shilling that exchange - advertising in posts is not allowed.

[lovesmayfamilis]

Try to take advantage of the offer to buy cryptocurrency using a mobile application Binance Lite, that the exchange itself offers on its blog.
If you have friends, then you can also recommend this application, and possibly get prizes.

https://www.binance.com/en/blog/421499824684901574/Introducing-Lite-Mode-on-the-Binance-App-The-Easiest-Way-To-Buy-Bitcoin

[acroman08]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

out of curiosity, I checked your post history and it seems that you've asked the same/similar question three times now in three different years with a decent to great response on what you should do. the question is when are you gonna follow the suggestions made every time you ask the question?

[blckhawk]

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

To be honest, this is just a simple question, even searching in Google will lead you to the answer you seek. Usually, if you search this on the internet there will be some exchanges that will appear and in those platforms, there will be some guides that may help you with your problem. There are many ways to convert your money into bitcoin like P2P, bitcoin ATMs, and the easiest way is through exchanges. Now the problem is what exchanges you need to look at exactly because there are some exchanges that are not good to buy with, so my advice in choosing them is to look for the most popular because usually, they are the trusted ones, they have the largest volume and has good security.

[FatFork]

Before I start answering a newbie question, I always like to look at their posting history first.

And guess what I saw in yours?

I have $1000US that I want to convert into Bitcoin so that I can buy something using Bitcoins.  HOW??

"I have $xxx dollars in US currency in my hand.  How do I convert that to bitcoins?"

VERY CONFUSING.  I have $500US that I want to convert to bitcoin.  HOW?

Yeah, so you're not really interested in getting bitcoins, so I'm going to answer you with a counter-question: What are you really looking for here?

[Lucius]

Before I start answering a newbie question, I always like to look at their posting history first.

And what about the posts that were written before yours? And I have noticed that the OP has been asking identical questions for years, which is more than enough to conclude that he is an ordinary troll

[BITCOIN4X]

And what about the posts that were written before yours? And I have noticed that the OP has been asking identical questions for years, which is more than enough to conclude that he is an ordinary troll

And maybe more than just a troll because the OP just lives and asks the same question for a different amount of money each year. 

For obvious reasons there are plenty of newbies who are ignored by forum contributor simply because they don't seem interested in bitcoin. They ask question, get answer, direction and suggestion but they don't do it. And what they want is a sensation that might interest forum users to explain to them as constructively as possible what is being asked. I think such users deserve to be ignored.

[FatFork]

Before I start answering a newbie question, I always like to look at their posting history first.

And what about the posts that were written before yours? And I have noticed that the OP has been asking identical questions for years, which is more than enough to conclude that he is an ordinary troll

Yeah, I saw your post, sorry I didn't mention it.
I wanted to quote him again to emphasize the dates and nonsense of his posting.


Anyway, since OP is in the computing business for a very long time, maybe the 'old-timer' should just upgrade his hardware?