How to Buy Bitcoin

Key Takeaways

i want to show you one of the fastest and most secure ways for buying bitcoin in this video bitcoin is the first and the most popular and highest market cap cryptocurrency out there and second to it is ethereum i also have a video showing you how to buy ethereum and other cryptocurrencies on this channel and a more detailed dive on what each of these actually is this video is just a how-to guide on how to buy it if you've already made that decision in this video i'm going to show you how to buy bitcoin with coinbase which is a very secure and very popular exchange basically you could go ahead and in this case i'm going to give it us dollars and i'm going to buy bitcoin with that in return and you could learn more about coinbase on their website at coinbase.com but i do have a link in the description to this specific page which is my referral page so every person once they sign up they get a referral page if they refer a friend here you'll get ten dollars in free bitcoin once you buy or sell a hundred dollars in any crypto so it could be bitcoin but it could be others as well so go ahead and sign up with this process create an account once you create an account make sure you give it all the information connect some kind of a method of payment like a bank account so you could actually use your cash to buy bitcoin once i do that i usually look for the coinbase app or i just go directly to the coinbase website and then you could download the app here and if you take a look as 1.6 million ratings i'm gonna download it i already have it so i'm going to open it and make sure you log in with the same account so you get that 10 free bitcoin and basically what you want to do is you want to buy right that's the first option we have you could also do that under the trade menu but if you press buy here it's going to bring up a page where it's going to show you all kinds of different cryptocurrencies so bitcoin is number one but there are other ones and bitcoin has other versions that they've actually spun off of the original bitcoin like bitcoin cash in this case we want the original bitcoin so it's usually just called btc that's the first one that's what we want i'm gonna click on it and as long as you've added a method of payment and they have ton of different ones on their settings so make sure you connect one i have one here with my bank i'm going to type in the amount i want to buy let's say i want to buy 100 you could press these double arrows here to see how much bitcoin that actually gets you so .002 is how much bitcoin i'm going to get so you could just buy a fraction of bitcoin not a whole bitcoin so i'll go ahead and go back to the dollars you could click this and if you want to reinvest all the time automatically you could do daily weekly or monthly i'm just going to do it one time so it's only going to charge me this one time payment and i'm going to preview the buy and it's going to give you a full breakdown here so i'm buying bitcoin at this price the payment method is here i'm going to get 97 or so and there's a coinbase fee the fee is basically using this platform that's the fee for the platform and that's okay and then there's a hundred dollars okay then i'm gonna say buy now and that will actually take the hundred dollars from my bank and buy the bitcoin i'll press it now and this is the confirmation page that i've successfully bought it using my bank accounts and i could just press done now if i go to the asset page the asset page will show your balance on top it will show you your all-time history of using this app and if you've made any money throughout time and it will show you your balance of the different assets you have so i have quite a bit of different types of coins here so bitcoin and ethereum are my number one and number two but as you can see i have other ones as well and it will list them and i'm just blocking out the value of each one but it will show you the value for any of them that you own on this side as well now if you want a deeper dive into bitcoin ethereum metaverse and nfts i do have videos on this channel covering those as well so check those out and i hope to catch you next time thanks for watching