So you live in Europe and want to know how to buy Bitcoin instantly, but need a simple guide to follow. Look no further! Here are the basics on hot to buy Bitcoin.
Bitcoin is a digital form of money that was invented by Satoshi Nakamoto who released it to the world in 2009. It is often touted as the first decentralized money as it is not issued by a central bank, government, or company, its issuance and circulation occur on a decentralized ledger. This ledger is maintained by a dedicated network of Bitcoin users who run and maintain the open-source software.
The Bitcoin protocol incentivizes bitcoin users to build out and secure the infrastructure that is needed for the network’s operation. These users are known as miners, they are rewarded with a set number of Bitcoin for their work. This incentive system that is baked into the protocol encourages the continual growth and investment in the security of the Bitcoin network. This block reward is also how each Bitcoin is minted or released into circulation. Due to the fact that there are only ever going to be 21 million Bitcoins in circulation and Bitcoin is nearly impossible to counterfeit there is built-in scarcity causing many to speculate that the Bitcoin price could reach USD 500 000 – USD 1 500 000 per Bitcoin within the coming years.
It is really simple to buy bitcoin with a credit card or debit card at CryptoFish. Step 1 is to head on to: https://www.cryptofish.com/. Here you’ll see a prompt to buy Bitcoin, simply enter your email address and click “Get Started”.
From there, you’ll land on a page asking you to register. Simply enter your name, email address and a password of your choice.
This will be followed by a prompt to activate your account via the email address provided. Follow the link from your email and you’re all set up.
The link will take you to your Dashboard. You are now registered and ready to buy Bitcoin with Credit Card.
Here you will see two options: to either purchase predetermined amounts, or you can enter the amount of money you are looking to spend. You will see that CRYPTOFISH has already worked out the Bitcoin rate for you.
CryptoFish currently accepts most currencies, however the prices on the website are displayed in USD or EUR. Note: you can change the currency from USD to EUR in the drop down option.
Confirm amount and click “Buy Now”.
Confirm the amount of Bitcoin that you would like to buy, and enter your wallet address.
Don’t have a wallet? You can get started by downloading one here, or click on the helpful link on the bottom right of the address block (“don’t have one”).
You will be redirected to the payment site. From here, you can fill in your billing information, click continue and enter your credit card details. CRYPTOFISH does not store your credit card details.
When you reach the verification tab you will be asked to upload your government issued ID. Make sure that you follow the guidelines (color picture, all 4 corners visible, JPG format etc) as indicated on the page. This verification process is typically immediate, but can take up to a maximum of 24 hours.
CryptoFish will send your cryptocurrency immediately after the payment and wallet address have been confirmed. The time taken to receive your Bitcoin once it has been sent will depend on how busy the network is at the time.
You have now successfully purchased bitcoin with your credit card in 2019.
Yes, you can log onto a publicly available “Blockchain Explorer”, we’d recommend blockchain.info. When you enter your wallet address you can see the transaction details and confirmation of whether the coin has been sent / received.
CryptoFish provides the latest news, educational insights and a secure place to buy various cryptocurrencies.
At CryptoFish, we offer a very simple way for you to instantly purchase leading cryptocurrencies like Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Ripple using your debit or credit card online.
CryptoFish does not store your credit card details, encrypts your personal information and is GDPR compliant, making it one of the safest and most secure options. You can trust CryptoFish to easily, securely, and instantly buy cryptocurrency.
If you have any questions, please check out our FAQ section on the website. Our super-friendly CryptoFish support team is also here to assist you. You can drop them an email or chat live on the website. To chat, simply type your question into the chat box on the bottom right hand side of your screen.
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