Where to buy Bitcoins securely? Complete guide

With the surge in prices today, many French people are interested in bitcoin. Created by Satoshi Nakamoto, whose symbol is the BTC, this cryptocurrency remains the best known and with the highest capitalization in 2022. The purchase of BTC is indeed a new exchange process and gains of ‘Sure money. However, the global craze for this highly volatile cryptocurrency has led to the emergence of many online scams. It then becomes difficult to buy bitcoin safely. To have the assurance that your money is really invested in cryptocurrency, here is a guide that presents the different solutions to buy bitcoin without problem.

Where to buy Bitcoins safely?

If you want to invest in cryptocurrency, especially in Bitcoin, before you think of how to buy bitcoins, think first where you can acquire them safely. Today, the Internet is full of fraud and manipulation, so it is important to know where to invest your money. So, if you want to buy bitcoins safely, there are only three ways, namely:

• go through secure exchange platforms;
• go to special bitcoin sales sites called: “brokers”;
• make an appointment between bitcoin users to make exchanges.

Indeed, bitcoin is a currency that has an official value that changes according to market prices of supply and demand. When supply exceeds demand, the price of bitcoin drops. On the other hand, bitcoin prices increase when demand exceeds supply. It all depends on the moment when Bitcoin is on sale on the market.

Buy bitcoin through secure exchanges

There are many platforms on which you can buy bitcoins. It is the most popular way to acquire this virtual currency. However, when you decide to acquire bitcoins on an exchange platform, it is the law of the supply and demand market that dictates you the procedure to follow. Payments are made here by bank transfer. Which means that the whole process is secure. In addition, taking into account the number of transactions under treatment on these platforms and the bank transfer time, the waiting time to receive bitcoin on its wallet can be several days.

Buy bitcoin on special bitcoin sales sites

You also have the option of buying bitcoins online from brokers. These are brokers who will act as an intermediary between you and the cryptos market. For its services offered, the broker will apply an increase on the prices it offers. Bitcoins are sold on these platforms based on the price balance, but also on their own prices. This purchase means is also secure provided you choose the best broker. For this, you must take into account certain criteria such as safety, security, reputation for broker, trading costs and other costs and commissions, etc.

Buy bitcoin between users

The latest solution to buy bitcoins is to meet with Bitcoins users to trade. There are some people who resale Bitcoin. You just have to find a seller in order to make an exchange after payment.

How to buy bitcoins securely online?

To buy bitcoins securely on an exchange platform, here are the steps that must be followed.

Create your portfolio

Still called wallets, cryptocurrency wallets allow you to store your corners. This allows you to receive cryptocurrencies and spend them. There are two types of bitcoin wallets, namely online wallets (hot wallets) and offline wallets (Cold Wallets). Generally, offline wallets are physical supports that are not connected to the Internet.

Identity Verification (KYC)

After creating your portfolio, checking your identity is required by the most secure and monitored platforms. It will be a question of carrying out a scan or a photo of your identity card, your passport or your driving license during this identity verification. A public service bill or a bank statement on which your address will be necessary to confirm your address.

Buy your bitcoins

Once your identity is verified through your account with the exchange platform, you can go to purchase your bitcoins. It is possible to buy bitcoins by credit or debit card, or by bank transfer. In addition, you also have the possibility of keeping your corners on the exchange platform for:

• spend online;
• negotiate others cryptos;
• Transfer your corners to your personal wallet.