How do I buy Bitcoins?

[uefbv]

What are easy and trustworthy options and tips?

[Japinat]

What are easy and trustworthy options and tips?

you can buy on the exchanges in the list.. big volume exchanges means they are reputable.

https://coinmarketcap.com/rankings/exchanges/

And by the way, make sure to check if you’re even allowed to buy from the exchanges on that list. Some of them have restrictions, like Binance for example, it’s not licensed in our country. Sure, we can still buy from it, but technically it’s not legal. That’s something you should also keep in mind.

[Free Market Capitalist]

Your question strikes me as a little odd because you've been on the forum for a couple of months now, and it's something you could have figured out for yourself instead of waiting for someone to hand it to you on a silver platter. But I've looked at your post history and I see that you were mining. Why do you want to buy bitcoin? Is it because your miner broke down? Or because it's not profitable for you? (I imagine you were mining altcoins, which you could swap for bitcoin.)

By the way, I've noticed that you're using the forum responsibly, and I've chosen one of your posts to give you a merit for. It's a shame I can't help you with what you asked about in it.

[uefbv]

Your question strikes me as a little odd because you've been on the forum for a couple of months now, and it's something you could have figured out for yourself instead of waiting for someone to hand it to you on a silver platter. But I've looked at your post history and I see that you were mining. Why do you want to buy bitcoin? Is it because your miner broke down? Or because it's not profitable for you? (I imagine you were mining altcoins, which you could swap for bitcoin.)

By the way, I've noticed that you're using the forum responsibly, and I've chosen one of your posts to give you a merit for. It's a shame I can't help you with what you asked about in it.

First of all, thank you very much for your help. Secondly, I am mining, and I've asked myself this question. I’m not sure if there is a trick to it, so I’m reaching out to see if you have any insights.

[Ruttoshi]

This is the major purpose of an exchange to buy and sell crypto. You should look for a reputable exchange in your country and create an account with them. You should buy via p2p trade with merchants from your country.

If you love privacy you can use a Decentralized exchange to buy your bitcoin. Don't keep your coins in the exchange, you should use a noncustodial open source wallet to store your bitcoin. For hot wallets, you can use Electrum wallet or Bluewallet and Sparrow wallet for desktop. However, hardware wallets are more safe because their private keys are always offline.

[Free Market Capitalist]

First of all, thank you very much for your help. Secondly, I am mining, and I've asked myself this question. I’m not sure if there is a trick to it, so I’m reaching out to see if you have any insights.

Yeah, but can't you swap the altcoins you get through mining to bitcoin? Others have responded on how to buy bitcoins.

[Sanitough]

First of all, thank you very much for your help. Secondly, I am mining, and I've asked myself this question. I’m not sure if there is a trick to it, so I’m reaching out to see if you have any insights.

Your question is too simple, you’re just asking how to buy Bitcoin  which was already answered from the post above. I don’t get why you’d ask that when setting up a mining rig is way more complicated than just buying Bitcoin from whatever platform you prefer.

[Rustam Meraj]

If you want to buy Bitcoin easiest and most trusted method for beginner is to use regulated crypto exchange like Coinbase or Kraken or Binance. These platforms are user friendly and secure and follow law. Before you buy you should do your own research to understand risks as Bitcoin price change much. And if you will do DCA so it will be best strategy for you. But keep in mind that do not store you Bitcoins in exchange if you have big so transfer it to cold wallet with this you have full control on you assets.

[MarangoZ]

depend on what country you are, but you can also buy with  BTC with Cash  from Bitcoin ATM
you can search on google  Bitcoin ATM in London
otherwise if you want to buy online I would  suggest to use Binance

[Dex_master25]

As simple as this question sounds, a new person trying to buy some bitcoins may encounter great difficulty in knowing the right channel to go through to acquire some bitcoins and as such, it would help that explanations and comments are as simple enough that anyone can understand.

Although am still a new potential in the cryptocurrency market, and newer here, i have done some digging in my offline research hours to know that the best way to buy some bitcoin is through an exchange. While there is the decentralized exchange, there's also the centralized exchange like Binance, Kraken among others of which one can download on an app store, register, fill in the kyc requirements and of course connect to your bank cards to do the transfer and get the exact amount you paid for in your wallet on the exchange or have it transferred to a cold wallet which is not a wallet provided by the exchange you bought the bitcoin from.

There is also the need to understand that the price of bitcoin fluctuates in the crypto market, and it is wise for one to buy more when the price is down and sell when the price is higher. If one should know how to follow security tips of account and wallet management, then they would have become successful at owning bitcoin as a crypto investment than someone who sort the help of a physical broker to do same and are exposed to as much higher risk than just scams and hacks but kidnapping and other cybercrimes that could befall any unknowing investor from breach of privacy of investment.

[Porfirii]

As simple as this question sounds, a new person trying to buy some bitcoins may encounter great difficulty in knowing the right channel to go through to acquire some bitcoins and as such, it would help that explanations and comments are as simple enough that anyone can understand.

Although am still a new potential in the cryptocurrency market, and newer here, i have done some digging in my offline research hours to know that the best way to buy some bitcoin is through an exchange. While there is the decentralized exchange, there's also the centralized exchange like Binance, Kraken among others of which one can download on an app store, register, fill in the kyc requirements and of course connect to your bank cards to do the transfer and get the exact amount you paid for in your wallet on the exchange or have it transferred to a cold wallet which is not a wallet provided by the exchange you bought the bitcoin from.

There is also the need to understand that the price of bitcoin fluctuates in the crypto market, and it is wise for one to buy more when the price is down and sell when the price is higher. If one should know how to follow security tips of account and wallet management, then they would have become successful at owning bitcoin as a crypto investment than someone who sort the help of a physical broker to do same and are exposed to as much higher risk than just scams and hacks but kidnapping and other cybercrimes that could befall any unknowing investor from breach of privacy of investment.

Although you are very new, you've given a very good answer.

It may sound a bit incredible to ask how to buy Bitcoins at this point in the story, but we should keep in mind that not all people act rationally, carry out a small investigation, and choose the most risk-free options.

I remember the first transaction I made when I bought my first sats. It was a payment on account to a stranger, which went right, but which could've gone wrong: it was many years ago and we hadn't much better knowledge about alternatives in my country at that time. Maybe if I've known about Bitcointalk earlier... but still. What I mean is that one can be impatient to buy his first sats, and make bad decisions.

[Taskford]

As simple as this question sounds, a new person trying to buy some bitcoins may encounter great difficulty in knowing the right channel to go through to acquire some bitcoins and as such, it would help that explanations and comments are as simple enough that anyone can understand.

Although am still a new potential in the cryptocurrency market, and newer here, i have done some digging in my offline research hours to know that the best way to buy some bitcoin is through an exchange. While there is the decentralized exchange, there's also the centralized exchange like Binance, Kraken among others of which one can download on an app store, register, fill in the kyc requirements and of course connect to your bank cards to do the transfer and get the exact amount you paid for in your wallet on the exchange or have it transferred to a cold wallet which is not a wallet provided by the exchange you bought the bitcoin from.

There is also the need to understand that the price of bitcoin fluctuates in the crypto market, and it is wise for one to buy more when the price is down and sell when the price is higher. If one should know how to follow security tips of account and wallet management, then they would have become successful at owning bitcoin as a crypto investment than someone who sort the help of a physical broker to do same and are exposed to as much higher risk than just scams and hacks but kidnapping and other cybercrimes that could befall any unknowing investor from breach of privacy of investment.

Although you are very new, you've given a very good answer.

It may sound a bit incredible to ask how to buy Bitcoins at this point in the story, but we should keep in mind that not all people act rationally, carry out a small investigation, and choose the most risk-free options.

I remember the first transaction I made when I bought my first sats. It was a payment on account to a stranger, which went right, but which could've gone wrong: it was many years ago and we hadn't much better knowledge about alternatives in my country at that time. Maybe if I've known about Bitcointalk earlier... but still. What I mean is that one can be impatient to buy his first sats, and make bad decisions.

Yeah since its quiet unbelievable since anyone could get lots of answer if they just made a research towards these kind of question. Also since he's in mining for sure that he know those basic things.

Lets assume that he don't really know. So for sure that he already got lots of good answers from this thread so for sure that he could able to buy Bitcoins from those exchange given above.

My first transactions is from faucets and I earn more thru affiliates then sold it on exchange. But he can also check his local Bitcoin and crypto exchangers maybe he would get more easiest option on which he can buy Bitcoin without exerting lots of efforts.

[Aanuoluwatofunmi]

What are easy and trustworthy options and tips?

It depends on your choice, if you're buying bitcoin, you can make use of a centralized exchange or a decentralized exchange p2p, alternatively, you can as well get any other merchant trusted to sell or buy form you online or in physical, but they must be trusted or better to use an escrow service provider, which is the major function or role an exchange play when they are selling or buying for you, except you wanted to receive it as a gift or mine it yourself.

[Findingnemo]

What are easy and trustworthy options and tips?

Are you ready to do KYC? Because the easiest option to buy Bitcoin is from a centralized exchange such as Binance/coinbase, where you need to do KYC to buy/sell/withdraw cryptocurrencies.

If not then you can use Bisq like platform which is no-KYC p2p and let you to connect with the people where you can buy bitcoin with fiat too.

Unpopular method, buy directly from other forum user and you can find some in Currency exchange.

[Wiwo]

What are easy and trustworthy options and tips?

First thing you should be learning is how to secure your coins and doing so it means securing your wallet and for best wallet control you need a cold wallet or other wallets that give you the freedom to your assets and control through recoverable keys, this is the first steps.

Secondly you head straight to exchange to buy your bitcoin through fiat and once that is done you have them transferred into your wallet for safe keeping and full control.

Just avoid leaving large funds on exchange wallet regardless of the easy accessibility their promises.

[Su-asa]

What are easy and trustworthy options and tips?

I think you have already been given answers to your question already, but I will still share my ideas with you. However there are different ways to purchase Bitcoin, one is through an exchange like binance, kucoin, bybit or Bitget, you can chose any of these platforms I suggested for you, through their P2P function you can buy bitcoin with as low as $5. But on the other hand, buying Bitcoin is not the problem, the important thing is how can you secure your Bitcoin after purchasing them? Another thing you should know is that keeping your Bitcoin in CEX is not safe because you don't control your assets.

[GeorgeJohn]

depend on what country you are, but you can also buy with  BTC with Cash  from Bitcoin ATM
you can search on google  Bitcoin ATM in London
otherwise if you want to buy online I would  suggest to use Binance

Not all countries that have bitcoin ATM machines, the easiest way to buy bitcoin if ATM is not close is by using exchange, the criteria to follow will be listed in the preferable exchange it chose, using binance is good but you need to complete your KYC verification in exchange if you wants to be buying and selling of bitcoin

[tabas]

First of all, thank you very much for your help. Secondly, I am mining, and I've asked myself this question. I’m not sure if there is a trick to it, so I’m reaching out to see if you have any insights.

Is it because there are restrictions in your country? is crypto banned there, and you're mining even with that rule? There is no trick in buying Bitcoins, and the suggestions are right on how someone can buy it. Even if you're from another country, there could be a local exchange there that you can rely on. But if not, there goes the usual exchanges where people buy it and those are the centralized exchanges where you have to pass your ID for verification and KYC process before you start buying Bitcoin.

depend on what country you are, but you can also buy with  BTC with Cash  from Bitcoin ATM
you can search on google  Bitcoin ATM in London
otherwise if you want to buy online I would  suggest to use Binance

While it's a good way to adopt using Bitcoin ATMs, OP or anyone interested on it might not like how much fees they possess.

[armanda90]

Firstly, OP question too general asking about how to buy bitcoin without talking us where his come from and difference countries always have difference way how to purchase or buy bitcoin. Overall to buy bitcoin easily if OP not registering about local exchange market I think buy with top exchange such as Binance, Kraken, Kucoin and Huobi because that exchange have available with P2P transaction and easily for OP buy USDT firstly for buying bitcoin.
For easily to buy bitcoin I think trough local exchange and every country have own local exchange its self, such as in my country Indonesia create local exchange account verifying document ID and make deposit from bank to local exchange account based on how much bitcoin wanna buy. Just take few minutes only fiat deposit credit and then use it to buy bitcoin directly or purchase USDT firstly if want buy bitcoin with USDT pair, maybe OP can describe more where is come from and his country have been supported with many local exchange cryptocurrency market.

[alegotardo]

Your question strikes me as a little odd because you've been on the forum for a couple of months now, and it's something you could have figured out for yourself instead of waiting for someone to hand it to you on a silver platter. But I've looked at your post history and I see that you were mining. Why do you want to buy bitcoin? Is it because your miner broke down? Or because it's not profitable for you? (I imagine you were mining altcoins, which you could swap for bitcoin.)

By the way, I've noticed that you're using the forum responsibly, and I've chosen one of your posts to give you a merit for. It's a shame I can't help you with what you asked about in it.

My hunch is that OP is familiar with or has heard about the traditional and easier way, which is through a centralized exchange.

So, without meaning to be judgmental... I imagine he left this question open-ended to see if there were any other option beyond the most basic. correct?

This certainly depends a lot on the country he lives in, but I will leave the options here and OP can research further and see if they make sense for him...

P2P (peer to peer): Its not exactly easy or safe... really depends on the person you are trading with, but if you know how to use platforms like Bisq for example, you can make good trade without having to go through the KYC process of centralized platforms. And here at Bitcnoitalk you can also find trustworthy people willing to negotiate buy/sell.

Bitcoin ATMs: Are there any in your area? Search for it.... its an great way to get Bitcoin easily by paying with cash or credit card... it doesn't get any faster or simpler than that.