Buying Bitcoins feels very daunting and scary all at the same time. Let me hold your hand and walk you through your first steps to buying Bitcoins. This is exactly what I and many others have done to get started.
You need to get yourself a Digital Wallet. For just starting out I went for the free Coinbase Wallet. The Coinbase Wallet works on both iOS And Android. Its super simple, very safe, highly reviewed & one of the most downloaded Bitcoin, Crypto Currency & NFT Wallets. It does not come with all the fancy bells and whistles but it’s all you need to get started.
Now head over to Coinbase this is one of the premier Bitcoin buying exchanges. It’s super easy to use, get verified and buy your Bitcoins. It’s not the cheapest but they make up for paying a bit more by making it very user friendly. For your 1st purchase it’s exactly what you want. I used them in my very first purchase. Simply Click on the buy/sell tab. Click on buy, add how much you want to buy, add funds and you’re done. You can also do this from their App which is called Coinbase.
If you decide to use my Coinbase link (affiliate link) we will both get $10 or £7.06 of FREE Bitcoin when you buy or sell $100 or £70.60 worth of Bitcoins. This $10 helps in a small way to keep the lights on at Mark Shaw HQ.
Having now got some Bitcoin in your Coinbase Account, I recommend that you transfer it to your Coinbase Wallet. You go to your Coinbase Wallet, click on receive BTC, get the long string of numbers & paste it into the Coinbase send to box. Make sure you add the right Bitcoin Address. There is a fee to send your Bitcoin to your Coinbase Wallet.
This process is perfect for people who simply want to buy some Bitcoin and have never done it before. It might not the cheapest way. But it’s probably the easiest and simplest way. It’s exactly what I did to get my first $100 of Bitcoin.