This guide is your one-stop resource on how to buy Bitcoin. We have tested multiple services over the past 5 years and we have selected the safest & easiest resources on how to buy Bitcoin for you.
Summary: In this tutorial, we will show you how to buy Bitcoin in the easiest and safest way possible, using our trusted partner Binance.
Step 1 – Sign Up for Binance
If you do not already have an account, you have to create one first. Head over to Binance and create an account, filling in all the required details. If you use our link to sign up, you will enjoy discounts on Binance.
After signing up, you might need to go through KYC verification, which requires you to identify yourself using your passport, driver’s license, or national ID card. The verification process is quick & easy.
Option 1 – Buy Bitcoin using Bank Deposit
To buy Bitcoin, you first need to deposit money to Binance. If you want to deposit EURO to your Binance account, we have a dedicated article for that purpose.
On Binance, click on Buy Crypto(1), optionally change your desired deposit currency(2), and click on Bank Deposit(3).
- Select your currency and choose Bank Transfer (SEPA) and click on Continue.
- Choose the amount you want to transfer and click on Continue.
These are the details you need to transfer your funds to. Make absolutely sure to include the Reference (which usually is your First and Lastname. Also make sure you adhere to any other requirements that Binance informs you about.
Depending on your bank, it usually takes between 1 – 3 business days for the funds to arrive in your Binance account. Once the funds arrive, you get a notification email from Binance.
Buying Bitcoin
Once the money is there, follow through with these steps:
- Click on Trade -> Binance Convert on the top navigation bar.
- Change to the currency you have deposited(1).
- Choose the amount for which you want to buy Bitcoin(2).
- Click on Preview Conversion(3) and accept the suggested rate.
Using Binance convert, you do not pay any kind of fees for your purchase. The Bitcoin price is taken from the current market value.
To find your Bitcoin, click on Wallet -> Fiat & Spot.
Conclusion
These are the most secure and easiest ways on how to buy Bitcoin that we have found in over five years of research. This article will be constantly updated to ensure that you will always have a working guide at your fingertips. We will also continiously add new content to this article.
