In this article, I will explain How to Buy Bitcoin from Bitcoin.com, outlining a straightforward and safe method for newcomers.
You’ll discover how to select your method of payment, complete identity verification, and effortlessly receive Bitcoin in your wallet through the reliable Bitcoin.com site.
This tutorial is designed for novice cryptocurrency purchasers dealing with Bitcoin for the first time.
What is Bitcoin?
Bitcoin, created in 2009 by Satoshi Nakamoto, is the first decentralized digital currency in the world. Operating on a peer-to-peer network, Bitcoin does not need a government or bank to serve as a central authority.
Like other currencies, Bitcoin can be traded. Unlike other currencies, however, its transactions are recorded on a public ledger known as the blockchain which guarantees transparency.
Bitcoin is said to have a capped supply of 21 million coins, a primary reason it is oftentimes referred to as “digital gold.” While it can be used for payments, its primary function is as a tool for investment. The value is in investment speculation and trust in the global market acceptance.
Method 1: Through the Bitcoin.com Wallet App
Download the App
Access Bitcoin.com Wallet through the App Store or Google Play.
Open and Tap Buy in the App
From the home screen, select Buy at the bottom of the screen.
Bitcoin (BTC) Selection
Select Bitcoin as the cryptocurrency to buy.
Enter Purchase Amount
Enter the amount of BTC you would like to purchase (applicable minimums will apply).
Choose Your Wallet
Within the application, select a wallet where the BTC will be sent.
Review & Confirm
Click Continue, check the transaction and agree to it.
Verify Identity (First-Time Buyers)
- Fillout payment information (Ex: Credit/Debit card).
- Go through a one time identity verification process (KYC).
Receiving Bitcoin
BTC arrives typically between 20 minutes to 2 hours.
Method 2: Through Bitcoin.com Website
Visit buy.bitcoin.com
Go straight to the purchase webpage.
Select Bitcoin (BTC)
Select BTC as the cryptocurrency to purchase.
Enter the Purchase Amount
Enter the BTC amount you would like to purchase.
Supply Wallet Address
Input the Bitcoin wallet address for the Bitcoin to be sent to.
Confirm & Proceed
Click on Buy BTC and check all the information is correctly filled out.
Add Payment Method
Enter card information or select Apple Pay/Google Pay.
Complete Identity Verification
Provide ID documents if asked (only for first-time purchasers).
Receive Bitcoin
Your Bitcoin will be credited to your wallet in BTC within 2 hours.
Supported Payment Methods
- Visa/Mastercard
- Apple Pay/Google Pay
- Bank Transfer (Only UK & EU)
Supported Countries
Bitcoin.com enables purchasing in most countries with some restricted areas. Check out the entire list on their support page.
Why Choose Bitcoin.com to Buy Bitcoin
Swift and Straightforward
Purchase Bitcoin within Minutes: Credit cards, bank accounts, and even payment apps can all be used to acquire Bitcoin in a matter of minutes.
Wallet App and Website: Both mobile and web applications offer easy navigation for both experienced and inexperienced users.
Safety and Reliableness
Over Ten Years of Operation: Bitcoin.com is a platform that has trusted users for over a decade and gained millions of users.
Self-Custody Wallet: Private keys are in your control which allows complete access, and no intermediaries.
Secure Receipt: Your funds are safely guarded during purchase by leading industry’s purchase security solutions.
International Coverage
Multi Payment Method Support: Accepting Visa and Mastercard, as well as Apple and Google Pay.
Located In Most Countries: Significant international presence with local alternatives.
Educational Tools
The Learning Center: Guide and market in-sight offer a crypto understanding boosting assistance.
Comprehensive Wallet To Exchange Integration: Everything from the wallet to the exchange is seamlessly integrated making navigation easy.
Wallet App Consolidated
Buy, Sell, Trade And Hold In One Place: Other major cryptocurrencies alongside Bitcoin can be managed in one application.
Operating System Inclusivity: Now available on iOS, Android, Windows, Mac and even Linux.
Security Tips for First-Time Buyers
Stick to Trusted Platforms The only place you should buy Bitcoin from is trusted and reputable platforms such as Bitcoin.com and other regulated exchanges.
Confirm Wallet Addresses Twice You need to be extra careful when it comes to Bitcoin transactions because they cannot be undone. Make sure your wallet address is correct before confirming any transaction.
Use Non-Custodial Wallets Keep your Bitcoin in a wallet where* you* have full control of the private keys Bitcoin.com Wallet App. Funds should not be kept in exchanges.
Two-Factor Authentication (2FA) Must Be Enabled 2FA should always be activated on the exchange or wallet account to further bolster security.
Recovery Phrases Should Be Kept Safe Recovery phrases should either be written down or stored offline permanently. Losing access to it means never regaining it, so security is paramount.
Refrain from Using Public Wi-Fi During Transactions Using a public connection increases the risk of hacking or data breach to Bitcoin transactions. Instead, perform transactions through a secured and private connection.
Be Aware of Phishing Links and Scams Links, schemes or emails offering free Bitcoin should be disregarded as they are laced with malicious intent.
Maintain Everything Up to Date To guarantee safety against vulnerabilities, your wallet app and OS should be continuously updated.
Invest Small Initially For the first time users, invest a little and try and familiarize yourself with the process.
Stay Informed Learn the basics of Bitcoin from reputable sources, including the Learn section on Bitcoin.com. Remember to also learn the best security practices.
Conclusion
Purchasing Bitcoin at Bitcoin.com is done in a straightforward, secure, and fast manner. Controlled payment options easily add to the user’s experience, as well as the built-in non-custodial wallet that allows for full fund control.
Following all the required steps which entails amount selection, KYC verification, payment method selection, and wallet security ensures Bitcoin is obtained within minutes.
Always prioritize security measures and ensure to use minimal amounts while understanding the crypto world. If it’s your first time in the crypto space, or you wish to find a trustworthy buying platform, Bitcoin.com acts as a commendable Bitcoin entry point.
FAQ
What is Bitcoin.com?
Bitcoin.com is a trusted platform that offers tools to buy, sell, and manage Bitcoin and other cryptocurrencies. It provides a non-custodial wallet, educational resources, and a secure interface for crypto purchases.
Do I need an account to buy Bitcoin on Bitcoin.com?
No account is required on Bitcoin.com itself, but you’ll need to complete identity verification (KYC) through their payment providers like MoonPay or Simplex.
Is verification required to buy Bitcoin?
Yes, you must complete KYC by submitting a valid government-issued ID and a selfie to comply with regulations.
How long does it take to receive Bitcoin?
Bitcoin is usually delivered within 10 to 30 minutes after payment confirmation. It may take longer during high network congestion or additional verification checks.
Where is the Bitcoin sent after purchase?
It’s sent directly to the Bitcoin address you provide during the transaction—ideally from the Bitcoin.com Wallet App or another non-custodial wallet.