Buying bitcoin

[Winnie.samurai95]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

[Ever-young]

You can always buy bitcoin from crypto exchanges or from a friend who wants to sell in exchange for your cash; you can also buy from a bitcoin ATM machine. It all depends on which one you think will be best for you. 
 
We have DEX exchanges that don't require the use of your personal data; you can just use the service without needing to pass KYC. We also have centralised exchanges where you will have to pass KYC; the information required will be based on your jurisdiction and its regulation. 
 
For a Bitcoin wallet, after a successful buying, it's best you send your coin to a wallet where you will have access to your key (not your key, not your coin). You can go for open-source wallets that are recommended here in the forum, wallets like Electrum, BlueWallet, Sparrow, etc. They are all Bitcoin wallets.

[Catenaccio]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Choose your Bitcoin wallet https://bitcoin.org/en/choose-your-wallet
Some recommendations on Bitcoin wallets https://www.lopp.net/bitcoin-information/recommended-wallets.html

Find where you can buy bitcoin.
https://bitcoin.org/en/resources#directories

General Bitcoin information & resources.

[Sebas.tian]

You can purchase your Bitcoin from exchange market but for you to have the access to exchange market, you must download solid exchange app and wallet, because after purchasing Bitcoin through exchange market, you will use your wallet to hold the Bitcoin for long term but make sure you keep your seeds phrases safe in case you want to make use of them. There are many exchange app you can use to purchase Bitcoin or other cryptocurrencies and hold but I will advice you to make use of Binance app, because is very easy to operate and is difficult for you to experience missing of coins in Binance app. It will be good for you to know the type of wallet you can use to hold your Bitcoin, because there are some wallets are not solid for holding Bitcoin for long term which I will not advice you to make use of such wallet,  Electrum wallet is the best for holding Bitcoin for long term and you will be comfortable with your Bitcoin in your wallet.

[Findingnemo]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Buying crypto is fairly simple process.

Create a wallet such as Electrum and secure the recovery seeds.

Then create an account in an exchange such as Binance and coinbase then verify your identity by providing KYC documents and then deposit fiat then use it to buy BTC and then move the Bitcoin to Electrum.

Things you need to be careful for beginners, avoid unknown exchanges like google results shown to of names which mostly never heard off likely to scam money then also avoid P2P trading which is risky when you are not experienced in choosing the right, trusted traders.

[maydna]

You can buy Bitcoin in an exchanges which you can choose from your research. You can use Binance, KuCoin, Bitget, Bybit, or else to buy Bitcoin or you can use your local exchanges based on your country so that give an easiness to you when you want to buy Bitcoin. But you need to verify your account after you register.

After the buy process, you can send Bitcoin to separate wallet such as Electrum or others. You can use https://bitcoin.org/en/choose-your-wallet as your preference to choose the wallet. You don't need to store your Bitcoin in an exchanges but keeping that in other wallet that you can fully control.

Hold you Bitcoin in Electrum or others will be better because you don't have to worry if the exchanges having a problem.

[Lucius]

Create a wallet such as Electrum and secure the recovery seeds.
~snip~

This is very easy to say, but you should be careful and download only the original wallet, if possible verify the file before installation, and be sure that the device on which the wallet will be installed is clean of viruses and malware. Otherwise, the investment may end up having a bitter taste.

Every beginner should learn a lot before investing in BTC, and even that first investment should be relatively modest, because it is much easier to lose $50 than $500 or more. Learning from your own mistakes is the most expensive.

[dzungmobile]

This is very easy to say, but you should be careful and download only the original wallet, if possible verify the file before installation, and be sure that the device on which the wallet will be installed is clean of viruses and malware. Otherwise, the investment may end up having a bitter taste.

Some tutorials to use Electrum wallet safely. Yeah, saying is easier than applying these tutorials in practice with Electrum wallet, but if anyone want to own bitcoin, store it in their open source and non custodial wallet, for instance, Electrum, have to do these steps for safety of Bitcoin fund.

• [GUIDE] How to Safely Download and Verify Electrum.
• The paranoid user's security guide for using Electrum safely.

[Hamza2424]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Tell Us?

Is this a thread to get information from the newbies, or do you want to know about these things from us, honestly you can use a centralized exchange or non-custodial wallet like Exodus or Trust wallet for centralized exchange you can use Binance or Ku-coin.

Clarify the query first hehe as I cant get what are you trying to say due to my incompetence with pro English.

[Kelward]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Bitcoin is not a physical asset or cash so you need a device that connects to the internet, like your smart phone or laptop. The process is quite easy and I believe that on this thread you've been educated on how to create a wallet, where to buy which is from exchanges or through p2p transactions with someone that you know or is highly recommended. Have it in mind that there are fake wallets and scam exchanges, you need to DYOR diligently before creating an account. I'll tell you one of the biggest lessons that I've learnt on this forum and that is to keep your Bitcoin in a none custodial wallet, never leave it in an exchange, if it's not your keys it's not your coins.

[hd49728]

Is this a thread to get information from the newbies, or do you want to know about these things from us, honestly you can use a centralized exchange or non-custodial wallet like Exodus or Trust wallet for centralized exchange you can use Binance or Ku-coin.

Exodus and Trust wallets are not good wallets to use.

Reason is they're closed source wallets, and good wallets need to be open-source and non-custodial.

Centralized exchanges can be used to buy your bitcoin, and trade it, but if you want to hold, they're not good for storage a long time. If you are a holder, move your bitcoin off centralized exchanges. It's classic warning and advice.

It's not your private keys, it's not your bitcoins.
Reminder: do not keep your money in online accounts

[Peanutswar]

You can buy your first bitcoin with the help of an exchange and of course, you need to consider the exchange that is supported by your country and has a lot of features you might enjoy upon using their platform, they are supported with a wallet but to make sure your security of your asset having your own wallet is a must with the use of hot or cold wallet, for the hot wallet those are the wallet connected with your device that requires an internet connection like electrum, exocus, etc. which has a seed phrase you need to store you keep your funds safe. A budget hardware wallet is ideal because your wallet is offline and can't make a transaction without your device's permission.

[BABY SHOES]

First, use an Electrum or BlueWallet wallet.
Verify the wallet correctly to avoid phishing links.

Buying bitcoin on local exchanges makes it easy to deposit fiat and then buy bitcoin, you can withdraw to non-custodial wallets such as Electrum and Bluewallet, as storing assets on exchanges is not recommended.

That's roughly what we do to buy bitcoin.

[hd49728]

First, use an Electrum or BlueWallet wallet.

Learn me a Bitcoin has good information on recommended best wallets.
https://learnmeabitcoin.com/beginners/wallets/#best-wallets

If there is doubt about a wallet is close source or open source, checking it with https://walletscrutiny.com/
For example, checking Exodus and Trust wallet.
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=exodus
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=Trust
Checking shows those wallets are Unreproducible or No source.

[AVE5]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

Start with knowing the potentials of bitcoin basically on how it's used as valuable and then be aware that it's a fluctuating digital currency which rates of market values is potential to increase and decrease.
Build up a strong emotion to take risks with no panicking rather than hold your patient when the market phase isn't going towards your wills.
You can always buy your bitcoin on the exchange with the features of the p2p and then make your payment with the fiats. All depends between you and the seller but before then, you must creat a strong secured wallet to keep your bitcoin safe from thefts.

And as a beginner, I must tell that you shouldn't be attracted to customed designed of any form of getting quick rich otherwise you'll end up into the hands of scammers.

[CryptSafe]

OP, I will advise you to make use of coinmarketcap in search for exchange on where to buy bitcoin. On coinmarketcap, you could get reliable and trustworthy crypto exchange that are amongst the top ranking in the world were you not have much issues registering to have an account with them. Once you choose any, you do your KYC as that is the most important thing they require of you in line with the regulations of the jurisdiction on which they operate.

After which, you activate your wallet and start your purchase depending on which that is able to accept your local currency for transaction. You can transfer to your exchange wallet and start purchase but after purchase, you should be able to withdraw to your own private wallet. It is best you use a safe and secured wallet like electrum so that your bitcoin is well secured under your custody.

Always remember this " Not your keys, Not your coin". Any assets that is not under your custody is not your assets as long as you do not have access to the keys of that wallet holding that asset, it is not yours till you transfer it to your own self custodial wallet then you can claim to be the owner of the coin because it is under your custody.

[AprilioMP]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

[General] Bitcoin Wallets - Which, what, why? <- This topic is useful for learning the basics of wallets. For more detailed knowledge about wallets, you can visit the wallet software and hardware wallets boards.

Bitcoin can be purchased on exchanges operating in our region that support fiat deposits. Trusted exchanges, at least those that have been operating for a long time. After buying, do not store them there.

[AYOBA]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

There’s severals exchanges where you can purchase your Bitcoins in any amount of money you wish to buy, and when I go through my fellows members posts here, i see that they’ve recommended you with so many’s exchanges where you can get to purchase Bitcoin in easier ways, the only things for you to don now is that: will select the wallet you like create and verify it and then start what ever you want Mate:

[Rockstarguy]

Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start

You can always buy bitcoin from a reputable exchange,  atleast getting bitcoin from exchange is safe than when trying to get it from regular crypto vendors. The exchange is just good for buying and selling of bitcoin,  after buying bitcoin it is very important to transfer it to a non custodial wallet that your asset will be safe for you to invest.

The most important thing when it comes to bitcoin is to have good understanding of how to protect and how to invest it to yield better profit. The reason why some people buy bitcoin is to make quick money out from it and with this mindset the essence of buying bitcoin don't end well.

[OcTradism]

You can always buy bitcoin from a reputable exchange,  atleast getting bitcoin from exchange is safe than when trying to get it from regular crypto vendors. The exchange is just good for buying and selling of bitcoin,  after buying bitcoin it is very important to transfer it to a non custodial wallet that your asset will be safe for you to invest.

There are three main ways of purchase and sale of bitcoin: Centralized Exchanges, Decentralized Exchanges /P2P market places; trade in person. The last type is risky because you will have to trade in person, and risk of physical attacks exists.

Centralized Exchanges nowadays usually require KYC.
DEX/P2P tends to provide their services to customers without KYC.

Depends on your need, your privacy concern, let's choose CEX or DEX, with or without KYC.
https://kycnot.me/?t=exchange

The most important thing when it comes to bitcoin is to have good understanding of how to protect and how to invest it to yield better profit. The reason why some people buy bitcoin is to make quick money out from it and with this mindset the essence of buying bitcoin don't end well.

Before you think of profit, you have to think of protection of fund, by that I mean you will have to withdraw your coin from CEX as soon as possible after you done your purchasing trade.

Storing coins on CEX is very risky and not recommended.
Reminder: do not keep your money in online accounts