Buy Bitcoin

What you will find here.

How to buy Bitcoin online through a standard service.

Things you will need to know;

KYC (Know Your Customer)
- This is ID that is used to identify you like a Drivers license, Passport, Utility Bill for address verification
Bank account
- These services will need a transfer from your bank to theirs

Why Buy Bitcoin through a Standard Method

Bitcoin can be many things to many people

This list of services makes the process generally easier to buy and sell bitcoin.

They will require one time KYC before you can purchase. Then it will be possible to buy bitcoin and transfer it to your wallet.

Leaving bitcoin on any of these services is like leaving money in a bank. If their service is down for any reason, you will not have access to the bitcoin.

This is where the term, not your keys, not your bitcoin comes from and why people recommend to take self custody of bitcoin into a wallet you control, like taking cash from the bank and putting it in your wallet.

KYC ID (Know Your Customer)
Fees
- Withdraw fees
- Network fees
- Spread or the difference in the buy and sell price
- Bank transfer fees
- Currency exchange fees
- Bank wire fees
Time delays
Ease or complexity
Countries of business