Post
Topic
Board Beginners & Help
Re: Simplest Question: Where do I deposit my US$?
by
avikz
on 11/09/2018, 08:29:03 UTC
I have NEVER seen such a poorly introduced system.  EVERY article that I read assumes that I already have some Bitcoins and I want to buy something.  Great, but how do I initially set up the Bitcoin account with some "physical" money?  Never addressed in articles that I have read.  For example, I have $1000US that I want to convert into Bitcoin so that I can buy something using Bitcoins.  HOW?Huh?

Without looking back, lets start solving your issue now. There are exchange services available for you to buy bitcoin using your physical money. Visit "Coinbase" and create an account. Coinbase allows you to buy bitcoin using the physical money and they also provide a wallet service to hold your bitcoins. So take their service to buy and store bitcoins.

I have found a nice video which can help you to understand the coinbase service,

https://www.youtube.com/watch?v=dZv6FLX4NRE

Once you see the bitcoins in your wallet, you are all set to use the wallet and make payment wherever it is accepted!