Post
Topic
Board Beginners & Help
Re: How to Buy Bitcoin with Fiat Money: For Beginners
by
Abu-Naim
on 27/08/2024, 17:58:28 UTC
Next, select an exchange that supports your payment method. Set up your account, link your payment method, and deposit your fiat currency. Once the funds are in, navigate to the Bitcoin section, select the amount you want to buy, and complete the transaction. For added security, consider transferring your Bitcoin to a secure wallet.

If you know another way to buy Bitcoin with fiat, share it in the comment section.
P2P methods through centralized and decentralized exchanges can be a good way to start if you have less experience on these methods you have mentioned, but in centralized exchanges, the only disadvantage is your privacy that will be shared with the exchange you trying to use through KYC.
While you can use exchanges that do not support KYC to have easy access to p2p without doing kyc but don’t leave your Bitcoin with any exchange, make sure you send them out to your personal wallet.