Ninjastic
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Board Bitcoin Technical Support
Re: Buying Bitcoin
by
epoc02
on 02/08/2024, 21:19:02 UTC
Quote from: Frankolala on Today at 09:04:45 PM
Quote from: epoc02 on Today at 08:57:32 PM
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I want to know if it is possible to buy £10 of bitcoin as I am young and do not have the money to start investing loads of money. I am planning on putting £10 every month into bitcoin.

Also is it even legal for an under 18 year old to invest in bitcoin.

I have already invested £20 which is now worth £40.
You should move this topic to Bitcoin discussion board.

Is it legal for a child to have a bank account where his parents saves money for him... As long as you have the money to invest in bitcoin and know how to keep your bitcoin safe, anyone can invest in bitcoin because there is no age barrier in bitcoin investment.

Of course 10 pounds is cool to invest with on bitcoin monthly and if you can do this persistently every month for 4 years and above, you will be surprised at the size of your bitcoin portfolio. Buy bitcoin now that the price is at the dip for better profit on the long run.
Yes I understand.
How do you recommend I go around buying bitcoin. I have a wallet however almost all places I go to buy it either has an age restriction or a £20-30 minimum.
The best way is to buy from an exchange depending the country that you are but I believe that Binance, Bybit or Kucoin should be operating in your country. Register with any of these exchange that operates in your country and complete their KYC verification first.

After that you can buy bitcoin through p2p from traders in your country, you send them the amount of money that you want to use to buy bitcoin and you will get your bitcoin in your exchange wallet but you need to be very careful since it is the first time to avoid complications.

How did you buy the first €20 bitcoin that you said you bought. Don't forget to use a noncustodial wallet like Electrum wallet, Blue wallet or Sparrow wallet which only you have the private keys to store your coins and don't leave your bitcoin in an exchange.
This is very helpful thank you.

My bitcoin is being stored in an exodus wallet and I can't remember how I bought it.

I will have a look at binance.