How to deposit money into bitcoin
This page aims to be the how to deposit money into bitcoin resource for new users to understand how to buy Bitcoins. The existing Buying bitcoins page is too complex. Please be careful with your money. When sending money to an exchange or seller you are trusting that the operator will not abscond with your funds and that the operator maintains secure systems that protect against theft -- internal or external.
It is recommended that you obtain the real-world identity of the operator and ensure that sufficient recourse is available. Because Bitcoin services are not highly regulated a service can continue operating even when it is widely believed that it is insecure or dishonest and webpages recommending them including these may not be regularly updated. Exchanging or storing significant amounts of funds with third-parties is not recommended.
You can't directly buy Bitcoins using PayPalbecause it is risky for the seller, and therefore few sellers will offer this. There are basically 3 reasons for that:. Having said that there is a workaround that can be done in order to use Paypal to buy Bitcoins but it holds within it higher transaction fees. When trading online your capital may be at risk.
Trading CFDs is suitable for more experienced traders. Cubits - Cubits is an all-inclusive platform how to deposit money into bitcoin buy, sell and accept Bitcoin. Our easy-to-use interface allows users to buy and sell Bitcoin instantly with 17 supported currencies. Visa and Mastercard accepted. Using this how to deposit money into bitcoin is faster then most options but has larger transaction fees involved.
CoinMama uses Western Union to allow you to purchase Bitcoins through your credit card. This service is not available in the US.
Coinbase allows you to buy and sell bitcoin instantly by connecting any U. You need an account number and routing number, which can be found on a check. A credit card can be optionally linked to your account as well. Coinbase also acts as a bitcoin wallet which can store the bitcoin once it is purchased.
Ideal for beginners first getting involved in bitcoin. Specific instructions of all payment methods are referenced in the How To Buy page. Bittylicious allows customers to purchase Bitcoins using an extremely simple interface.
All customers need to do is to enter their Bitcoin address and email address and choose how many coins they want. Kraken is an exchange and the market is determined by orders. You can buy bitcoin instantly by providing only your email address and bitcoin address. As soon as the deposit is received, the bitcoin how to deposit money into bitcoin sent. Easy to use online shop experience, and the vouchers will be delivered to your doorstep.
Belgacoin allows you to buy bitcoins via SEPA transfer. It is fast, secure and cheap. We do not charge anything for this service, for the time being. Bitalo enables you to buy Bitcoins directly from another person. If that person is online and you share the same bank, you can get your Bitcoins in a matter of minutes. The transaction is secured by Bitcoin multi-signature addresses, and Bitalo acts as an escrow. You can store bought Bitcoins on your own address, or using a safe multi-signature Bitcoin wallet on Bitalo, for free.
They are currently running a zero transaction fee promotion. All you need to provide is an email address and either your bitcoin wallet address if buying or your bank account details if selling.
For buying, they give you how to deposit money into bitcoin unique reference code to include with your bank transfer. All future transfers that include this code will be automatically converted to Bitcoin and sent to you. You can therefore set up a regular standing order if desired.
For selling, they give you a unique Bitcoin deposit address to send coins to. All future payments to this how to deposit money into bitcoin will be automatically converted to GBP and sent to your UK bank account. They use the latest Bitstamp market price and aim to complete orders within 10 minutes. Local Bitcoins allows sellers and buyers who are located nearby to meet and exchange Bitcoins through various methods including how to deposit money into bitcoin, wire transfer, Money Bookers, Skrill and more.
Local Bitcoins offers a Bitcoin escrow service that holds the funds until the transaction is complete, therefore reducing fraud. Customers, who must supply an identity card and proof of address for anti-money laundering regulatory compliance, will be able to purchase bitcoins for cash. Fast processing, how to deposit money into bitcoin reference rate, low commissions. Bitcoin Australia - pay by cash over the counter at local bank branches.
Create a purchase request and mail in a personal check to the listed address and match amount. Uses how to deposit money into bitcoin exchange rate provided by coinbase. Most cards are processed within a how to deposit money into bitcoin hours of submission, however it can take up to 24 hours. Customer must provide a bank account number for identity verification.
If you can find another person that is willing to sell them to you, you can transfer him money via any payment method including PayPaland he'll send you the Bitcoins. Be extremely cautious of scammers when how to deposit money into bitcoin over the counter.
Ask an admin, moderator or a trusted person if you think someone is suspicious. You might be able to find an individual with whom you can Buy bitcoins locally. Always choose somebody with many reviews. An ATM locator specific to Australia can also be found here. BittyBot - allows users to compare different bitcoin sellers and prices in UK. There is a huge demand for buying Bitcoins off the grid due to ever-increasing government regulations and private agency intrusions and discrimination against alternative currencies.
Due to the possibility of facial recognition cameras at banks and the paper trail involved with credit cards, there are very few options to have high levels of anonymity when buying Bitcoins those ways. DNA, Fingerprints, phone and internet records, audio and video records will not be discussed, but they all are possible tools which attackers could use to uncloak even the stealthiest Bitcoin buyer. There are a couple known ways, depending on your location, to buy Bitcoins outside of the standard banking system with relatively high anonymity.
Buying locally with cash using a burner or payphone allows a high level of anonymity with the exchange being the weakest link. Many sellers online will also trade Bitcoins for MoneyPak codes or other cash-like gift codes which can be bought at a local store with cash. Another way to how to deposit money into bitcoin Bitcoins with a high level of anonymity is by sending cash in the mail. For a list of other major exchanges, see Market Exchanges.
Before using any service, it is a good idea to look for reviews and feedback from previous customers. This can be done by performing a Google search of the name of the website or company. The Bitcoin forum is also a good place to find discussions and reviews about services. Retrieved from " https: Navigation menu Personal tools Create account Log in. Views Read View source View history. Sister projects Essays Source. This page was last edited on 15 Juneat Content is available under Creative Commons Attribution 3.