I’ve been in the cryptocurrency rabbit hole for a few months now, and people ask me how I’d recommend they buy Bitcoin.
It’s just two steps:
First, you need a wallet to receive your Bitcoins into
The easiest one I’d recommend you use is Exodus.
The safest one I’d recommend is a hardware wallet like Trezor.
But for your first Bitcoins, I’d recommend using Exodus.
Check out my previous post on how to set up Exodus on your machine
Second, you need to buy Bitcoins and send them to your wallet
In the UK, I’d recommend Bittylicious. It’s a bit more expensive than other exchanges, but it has the benefit of requiring less ID verification. You just need to enter your Bitcoin address (from your Exodus wallet) into Bittylicious, confirm the amount of Bitcoin you want to buy, and transfer GBP from your bank account to the Bitcoin seller’s bank account. The seller will then send the Bitcoin to your Exodus Bitcoin wallet.
And that’s it! You now have some Bitcoin! Easy!
Let me know if you buy some this way in the comments below. How do you buy yours?