Home / How To's / How to Buy Bitcoins
how to buy bitcoins 2 - localbitcoins

How to Buy Bitcoins

[ad_1] In this post, we will guide you on how to buy bitcoins from LOCAL BITCOINS website, a major bitcoin market place. The process is quite simple and straight forward.

LocalBitcoins.com is a person-to-person bitcoin trading site.

At LocalBitcoins.com, people from different countries can exchange their local currency to bitcoins. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling bitcoins. You reply to these advertisements and agree to meet the person to buy bitcoins with cash, or trade directly with online banking. Bitcoins are placed in LocalBitcoins.com web wallet from where you can pay your bitcoin purchases directly.

Be careful and only buy from verified traders with positive reviews.

how to buy bitcoins localbitcoins

Visit LocalBitcoins
  1. Visit LocalBitcoins.com  
  2. Click on “Sign up free” on the top menu.
  3. Fill in your personal details.
  4. Enter a username (no spaces allowed in username).
  5. Enter an e-mail.
  6. Indicate password.
  7. Duplicate your password.
  8. Tick a box.
  9. Click “Register”.

how to buy bitcoins - localbitcoins

After you clicked “Register”, you need to check your email box. You will receive a mail with title “[localbitcoins.com] Confirm your email to complete your registration”.

Open the mail and click on the link.

how to buy bitcoins - localbitcoins

After you confirmed your email, follow the next steps:

  1. Click on “Buy bitcoins” on the top of your page.
  2. Choose the preferred Seller from the list provided and click “Buy”. Pay attention that chosen payment method is convenient to you.

how to buy bitcoins - localbitcoins

  1. Enter the amount of BTC you wish to buy.
  2. Enter your receiving transfer online contact details in the message box and other details for the buyer to see.
  3. Click on “Send Trade Request” button. (Be sure you’re ready to pay when clicking the button, if you don’t pay before the payment window is over, the trade will be automatically cancelled.)

Once you have made the payment, click the “Mark payment complete” button. Once the trader has verified that your payment has been received your Bitcoin will be released from escrow and they are instantly available in your LocalBitcoins wallet.

Buy Bitcoins Now [ad_2]

Check Also

How to verify nigerian bank account number

How to Verify Nigerian Bank Account Number

[ad_1] If you are reading this post, it means you’ve been in a situation where …