How to buy bitcoin and send it to your wallet

important: Before proceeding with this tutorial, make sure you have read and understood our Bitcoin and Cryptocurrency Security Best Practices Guide.

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In this step-by-step guide you will learn how to: Set up an exchange account so you can buy Bitcoin. And send it to your physical Bitcoin wallet:

• We will teach you how to Create an exchange account In just a few short minutes.

• You will learn how to deposit funds into your account and How to buy bitcoin easily.

• Finally you will find How to send bitcoin From the exchange to your physical Bitcoin wallet.

Create an exchange account

We will start this step-by-step guide by creating an account on an exchange. In this case, we will use Coinbase as an example. However, you can use other exchanges like Binance or Kraken as most of them have a very similar registration process.

These are the steps you need to follow to set up your account:

Step 1: Go to Coinbase.com

Click “Sign Up.” You should see this button in the upper right corner of the Coinbase homepage.

Step 2: Enter your name and email address.

Once you click “Get Started,” you will need to enter your first and last name, email address, and choose a password for your account. Click “Create Account” once you have entered all the information in the corresponding fields.

rememberTo proceed to the next step, you must agree to Coinbase’s terms and conditions.

Step 3: Choose your personal data preferences

In this step, you will need to agree to Coinbase’s data protection and privacy policy. Finally, you will be able to choose whether you want to receive email notifications.

Step 4: Verify your email address

Check the email account you entered during the registration process and verify your Coinbase account.

This is what the email should look like.

Step 5: Verify your phone number

After verifying your email address, you will need to follow exactly the same procedure with your mobile phone to verify your phone number.

Enter your phone number in the field provided and then click on the “Send Code” button to receive the verification code.

You should receive a text message with a verification code within a few minutes. Enter the code on the web page and link your phone to your Coinbase account.

Step 6: Verify your identity

The final step required to create your Coinbase account is to verify your identity.

Enter the required information and take a photo of your driver’s license, ID card or passport.

Verify your identity on your computer

If you are doing this on a computer, you will need to choose a method to upload the document you need to prove your identity. Remember, you will need to upload a photo of both sides of the document you are using.

Verify your identity on your smartphone

If you choose this option, you will need to download the Coinbase app on your phone. This is probably the easiest way to verify your document.

Step 7: Wait for your account to be verified.

Once you have uploaded the required documents, you will have to wait for your ID, passport, or driver’s license to be verified. This process usually takes no more than 24 hours. However, as Coinbase notes, verification can take up to 3 days.

After your documents are verified, you will receive a confirmation email and your account will be fully operational.

You are now ready to Buy your first bitcoin!

How can I buy Bitcoin?

Now that you have a verified trading account, it’s time to buy Bitcoin and send it to your Material Bitcoin wallet. Here are the steps you’ll need to follow:

• Deposit Euro (or any other supported currency) to your exchange account.

• turns Your euro to bitcoin.

Step 1: Deposit funds into your account

First, you’ll need to deposit funds into your exchange account. In this detailed guide, we’ll use Coinbase as an example. However, most exchanges have a similar procedure.

Log in to your Coinbase account and click “buy/sell” The button, which should be located in the upper right corner of the screen.

At this point, the exchange will ask you to enter the payment method you wish to use.
Deposit the required amount of Euros into your account.

Coinbase offers its users different payment methods to make their deposits. The most common ones are bank transfer or credit card. Choose whichever you prefer.

Please note that while credit card payments are processed almost instantly, bank transfers typically take a few days.

Step 2: Convert your Euros to Bitcoin

Once the funds arrive in your account, you will be ready to buy Bitcoin.

As shown in the previous step, you will need to click on the “Buy/Sell” button. Then the following window will appear on your screen:

Make sure to select Bitcoin from among all other available cryptocurrencies in the “Buy” field.

He remembers: Note that after clicking “Buy Bitcoin”, you will purchase the required amount of Bitcoin at the exact price that was set at the moment of the transaction.

Step 3: Select payment method

After choosing the amount you want to convert to Bitcoin, you will need to select a payment method. If you have completed this step previously, you will be able to buy Bitcoin directly.

After selecting the amount to transfer and the payment method, click “Review Order” to go to the order preview.

Step 4: Confirm and complete the transaction

Before you complete your order, you will need to confirm the transaction in a new window where you will see Coinbase fees and the Bitcoin price at that exact moment. Confirm the order preview and click “Buy Now.”

How to Send Bitcoin from Your Exchange Account to Material Bitcoin

Now that you have your first Bitcoins, it’s time to send them to your physical Bitcoin wallet. Here are the steps you’ll need to follow:

Step 1: Login to Coinbase

In order to start the process of sending Bitcoins to your Material Bitcoin wallet, you will need to click on the “Send/Receive” button located in the upper right corner.

Step 2: Choose the amount of Bitcoin you want to send and the desired address.

attention: Make sure to send your bitcoins using “Bitcoin Network“

At this point, you should see the following on your screen:

Make sure you are on “Sends“Unpaid invoice.

Select the Bitcoin asset. You can either enter your wallet address manually or scan the QR code using your webcam or phone via the Coinbase app. You will then need to choose the amount of Bitcoin you want to send.

Click the “Preview” button once you are done.

Double check That everything is correct and agree to the transaction.

Your bitcoins should now be on their way to your wallet.!

It may take a few minutes for the transaction to be confirmed. To make sure the money arrives In your physical Bitcoin wallet, simply scan the QR code or enter your wallet address on Blockchain.com.