One of the questions I get asked all the time is How do I buy my first bitcoin.
I put together a
comprehensive guide to buy bitcoin for people who want to buy their first bitcoins.
The step-by-step post covers:
- Coinbase - the option most people want.
- LocalBitcoins - if you NEED bitcoins today.
- Buying bitcoin with a brokerage account (IRA, 401K, etc.)
- BitWage - how to get a portion - or all - of your salary in bitcoin.
- Exchanges - for bitcoin traders and experienced investors.
- Why Bitcoin Mining is a bad way to get bitcoins.
If you are a beginner looking to buy bitcoin, let me know what you think.
--dave
All option may vary per country. For example Coinbase, it doesn't support buying bitcoin option in some of the country like in my country. One thing I can add is to joined some Facebook Group (yes, social media) in your country about Bitcoin Exchange where some of reputable person are there doing that selling bitcoins like the one we have in our country (although there are many ways now here to buy bitcoin). In that way you can interact to with others.