Where To Buy Bitcoins Online

Where to Buy Bitcoins Online – Turn Your Computer Into A Crypto Machine

 

By now, you have probably read my 1st 2 lessons:

What Is CryptoCurrency – Is This Really The Future Of Money?

Should I Invest In Bitcoin – This Will Make You Understand

 

And if so, by now, you are probably ready to start investing in bitcoin…

And the big question we need to help you with today is where to buy bitcoins online…

So let’s get you help with that.

 

Where To Buy Bitcoins Online - The Short Version
  1. Buy bitcoin from Coins.ph
  2. Great Resource: Buy Bitcoin Worldwide
  3. Buy bitcoin with a credit card or debit card here
  4. Get help from me here at Facebook

Most people think it is difficult to get bitcoin, however it’s actually easier than getting a bank account. Below, we’ll explore these steps a bit further.

Where To Buy Bitcoins Online – An introduction

There are literally hundreds of places you can buy bitcoin, some easier than others.

But for the most part, unless you live somewhere like The Philippines, you cannot simply just go to a shop and buy them.

 

Sidenote:

You can get an account with Coins.ph and if you are in The Philippines, then you can go to a number of different shops including 7-11 or Cebuana and get your bitcoin there. I will do a post about that too and until then you can click here to get a Coins.ph account.

 

Bitcoin is normally bought from online bitcoin exchanges.

A great resource to help you get started is a website called Buy Bitcoin Worldwide.

If you visit their website, you can select your country and the payment method and it will give you a list of options to choose from.

This is actually a great resource and will also give you advice about buying bitcoins if you scroll down their page.

You can choose any bitcoin exchange you want, and each one has its advantages and disadvantages, it’s good and it’s bad.

Some have restricted access depending on where you live, so I will recommend one for you here today, that I have personally been using and no issues with it.

 

Want To Know 5 Powerful Ways You Can Turn Your Computer Into A Cryptocurrency Trading Machine That Will Make You Profit From The Cryptocurrency Revolution TODAY!

HELL YEAH !

 

Where To Buy Bitcoins Online – Coinmama

Coinmama is a site that I have been using for over a year.

You can access it by clicking on the banner or by clicking here

 

Coinmama: Buy Bitcoin with Credit Card

 

What’s great with Coinmama is that you can buy bitcoin instantly with a debit card or a credit card.

 

Here are your step-by-step guidelines

 

Click here to access Coinmama

Then at the top right hand side of the page you will see the blue ‘sign up’ button, click on that…Signup To Coinmama

Here you can see the full-page and the placement of the button:

 

Where To Buy Bitcoins Online

 

“Join Coinmama today and become part of the digital revolution”, says their tagline…

Once you click on the little blue signup button, you will be taken to another page where you must enter the following details to their site:

 

A working email address: (make sure it is correct as they will send you an email for verification purposes)

A password: (don’t make it an easy password as this site handles your money. If you need a password generator you can find one here)

If you are one of those people who struggle to remember passwords, then you will love Lastpass, it is a password reminder system. I have used it for years. I never have to remember a password. Lastpass does it for me.

First name / Last name: This should be the same name as on your ID as you will need to verify later

Country of Residence: Select your country from the drop down box

Create Account: Click on the ‘create account’ button and then check your email and follow instructions.

 

This is a copy of the form you will see:

 

Coinmama-signup-form

 

 

Where To Buy Bitcoins Online – Coinmama Verification

Once you have completed the above registration process, the next thing you must do is complete the verification steps and complete your profile.

Verification is part of what is known as KYC or Know Your Customer.

Wikipedia clarifies KYC here:

 

Know your customer (alternatively know your client or ‘KYC’) is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship. The term is also used to refer to the bank regulations and anti-money laundering regulations which govern these activities. Know your customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents, consultants, or distributors are anti-bribery compliant. Banks, insurers and export creditors are increasingly demanding that customers provide detailed anti-corruption due diligence information.

 

So verification, whilst it might be a pain in the ass, is a serious requirement and something that we need to comply with.

Once you are logged into your Coinmama account, you will see the ‘verify account’ and ‘my profile’.

Make sure you follow the instructions to get at least ‘level 1’ verification, which will give you up to $15,000 of transactions.

Way more than enough for you to get started with.

If you get stuck with this, you can get help from Coinmama here

 

Verify-Coinmama

 

Where To Buy Bitcoins Online – Buy Bitcoin

Now we will proceed to actually buy bitcoin.

Make sure you are still logged in to your Coinmama account and look in the left hand menu and click on the ‘buy bitcoin’ tab.

Another page will open (see image below):

 

Buy-bitcoin-1

 

You can click on the $100, $250, $1000 or $3000 boxes. Minimum purchase is $100. (Please note that the btc amounts shown will change all the time depending on the current bitcoin price)

If you want to purchase a different amount from those 4 options, then scroll down a little further until you see:

 

Buy-bitcoin-2

 

Here you can select the amount you want to buy, by scrolling the little blue dot, or by changing either the btc amount or the USD amount. Again minimum purchase is the equivalent of $100

Once you have decided and selected the purchase amount, then click on the blue ‘Buy BTC’ button.

 

 

Last Step – Where To Buy Bitcoins Online – Payment

The last step is to enter your wallet address. This is needed so that Coinmama can send the bitcoin you buy to your own personal wallet.

If you do NOT yet have a wallet, I will create another post very shortly to explain how to do that.

Make sure that you copy your wallet address correctly as once Coinmama send it, if it is not correct, you will lose your bitcoin forever. It is NOT refundable.

 

Buy-bitcoin-3

 

Then lastly click on the “Go To Payment’ button and there you will be asked for your credit or debit card details and follow the instructions.

 

It will take a short while for the transaction to complete and you will be notified once everything has finalized.

 

Where To Buy Bitcoins Online – Conclusion

So as I stated earlier, you can buy your bitcoin anywhere you want. There are many different ways. You do not need to buy your bitcoin with Coinmama.

And please note in full transparency, if you do buy bitcoin through the link I gave you, I will get a commission.

If you simply can’t stand that, then do not follow the instructions above.

However, if you are ok with that (consider it payment for writing this article), then Coinmama could be an easy way for you to buy bitcoins with credit card instantly.

If you need help with this, you can contact me here and I will do my best to get you set up right.

Don’t let the process scare you, it is like anything else. The 1st time yo do it, it can be a bit intimidating, but after a while, you will know how to do it.

You can also get help at my Facebook group here

I am so excited for you as you start the process of investing in bitcoin. You will soon find it an exciting and profitable journey.

 

Click Here To Turn Your Computer Into A Crypto Currency Trading Machine and Profit from the Cryptocurrency revolution TODAY

 

 

Want To Know 5 Powerful Ways You Can Turn Your Computer Into A Cryptocurrency Trading Machine That Will Make You Profit From The Cryptocurrency Revolution TODAY!

HELL YEAH !

About The Author: Tim Bennett, The #1 Authority in Bitcoin Training – I help entrepreneurs profit with bitcoin. I think bitcoin is the most important tool that has ever been created in my life.

I have been on a 13 year quest to find a tool to give us freedom of control over money. Bitcoin is it!

 

Disclaimer:
I am not a financial advisor. all content on this website is provided for informational purposes only. The information does not constitute investment advice, financial advice or any sort of advice at all. NONE of this website’s content is advice of any kind and you should not treat is as such.

We do not recommend that you invest. We do not advise you to buy, sell, trade or hold (HODL) cryptocurrency, altcoins, bitcoins, tokens or any form of cryptocurrency.

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Price Risk
We discuss bitcoin and cryptocurrencies on this website. They are highly speculative and volatile. Prices can and do change incredibly fast and it is common to see massive high and low swings. Massive losses can be incurred. You use this website accepting all losses as your responsibility. NEVER invest any more than you can afford to lose. Minimize your losses. DO NOT invest all your money in bitcoin or cryptocurrencies. Do not borrow money to invest. Do not sell valuable items to invest. Do not use pension funds, school funds or any other fund to invest. Only invest money which you can afford to lose.

It is possible, that bitcoin and cryptocurrency is not for you. Consult a fully qualified professional financial advisor before investing.

 

 

 

 

 

 

This post ‘Where To Buy Bitcoins Online – Turn Your Computer Into A Crypto Machine’ was written by Tim Bennett exclusively for Bitcoin Training Camp © 2018

  1. Hey Tim,

    I signed up for Coinmama.

    Do I still need to have a wallet then before buying anything? I have Xapo set up but I struggled to get an account open on coinbase and a couple of others.

    There’s only an option to buy bitcoin on Xapo but I’d alaso like to be able to buy Ethereum if possible

    Thanks for sharing

    Mike

    • Hi Mike,

      Welcome to the site and I really appreciate you taking the time to leave a comment.

      You are correct, you can buy bitcoin with Coinmama, however you will need a wallet to send them to.

      It is my understanding that Xapo have been having issues recently so you may want to check other options.

      I use Coindeal a lot. They seem to be fast and reasonable prices. you can access them here: https://coindeal.com/ref/SBP

      Let me know if I can help you with anything else.

      Tim Bennett

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