If you’re looking to get yourself into the Bitcoin world then you probably want to know how you can get them. That’s fair enough. It’s a lot easier to do that these days than it was years ago so don’t worry. All you really need is a bank account (or a credit/debit card) so you can turn your money into Bitcoin.
If you do a google search for “How to buy Bitcoin” you’ll come across a few different websites with info on how to do it. One of the top results has to do with Coinbase. Coinbase is an exchange that caters to people in the US. You can easily buy Bitcoins at Coinbase.
However, Coinbase isn’t the only exchange that you can get your Bitcoins from. There’s a host of exchange options to choose from really. Some of them require more paperwork that others to get things going, but they all pretty much do the same thing. They allow you to “exchange” US dollars for the digital Bitcoins that you want.
I won’t go into all the details of why you might want to use one exchange over the other. If you’re curious, great, but don’t bog yourself down on this info. If you just want to get your hands on some Bitcoins then don’t think too much about it. Just pick one of the reputable exchanges available and be done with it to start.
Coinbase is a reputable Exchange
That being said, Coinbase is most definitely a reputable exchange that you can use. If you want to look through some other options for your country then I’d suggest you check out Bitcoin.org where they have a good list of options for you to choose from.
If you’re starting out and this is your first time, then Coinbase is a solid choice to get your feet wet. Just go with it and don’t look back. The due diligence for Coinbase has been done for many years by many people. You can always research more in the future. (if you’re planning to buy a ton of Bitcoin in the future then maybe do some more research).
In any case, it’s really easy to get things done at Coinbase. Another great reason to start there is you can get a $10 referral bonus for signing up through a referral link. It’s basically like an invitation to try out Bitcoin.
On the referral page it should be clear that you’re going to get the bonus. It will read like this:
“With Coinbase you can send bitcoin to (person that referred you) or anyone else in the world. Because (person that referred you) referred you, when you sign up and buy or sell $100 of bitcoin or more, you’ll both earn $10 of free bitcoin!”
Sounds easy enough right?
Then all you need to do is sign up with your name, email address, and a password. Once you get into your account you can fund it with a linked bank account, credit card, or debit card.
That’s all there is to it really. If you’re not so sure about Bitcoin yet then start yourself small with $100 and see how it goes from there. Once you get your feet wet you might want to look into the other things you can do at Coinbase, but taking advantage of the free money is a good way to start.
Besides, if you’re serious about Bitcoin and other cryptocurrencies then you’ll have an account with more than one exchange. Coinbase has a good reputation, but there are other options with great reputations and different cryptocurrency offerings.