How to Buy Your First Bitcoin

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If you read this article, you probably already know what Bitcoin and other digital currencies are, and you are wondering how to get started with BitBay.

Follow the steps below and start using our site. The first step to start using BitBay is to set up an account on the platform.

This is very simple and intuitive - first click the "Log in" button and then "Register". To start, simply enter your email address or use Google's automatic signup. A message will be sent to your email address asking you to activate your account. Click on the "Activate Account" button, then complete the registration, by entering your login name and password in the form, as well as the PIN to the helpline, which will be helpful when contacting the customer service.

Keep in mind that the password should be made of small and capital letters, numbers and special characters, as bitcoin identity card as be different from any bitcoin identity card passwords that we use to ensure the security of our account.

At the end of this step, your account will be created automatically. According to the terms of use, the account should be verified in order to obtain full functionality of the website.

The logged-in user gets access to the exchange where he or she can make a quick transaction of digital currency. To do this, after login, on the left tab, select "Wallets" and then the currency you bitcoin identity card to fund your account. All you have to do is to send the money to the the given transfer number. Funds are being booked at least 3 times a day. With the funds at your account you can immediately bitcoin identity card or sale the digital currency. Our system will choose the best deals for you.

After the transaction, the funds in your selected digital currency will appear immediately bitcoin identity card your account, from where you can freely dispose them for example, transfer to an external wallet, to another person, or leave them at the exchange and earn using a time speculative bitcoin identity card. These are the basics about buying digital currency. If you would like to make an offer on the exchange, read the next articles.

How to start using BitBay exchange quickly? Your beginnings at BitBay exchange The first step to start using BitBay is to set up an account on the platform. Account verification According to the terms of use, the account should be verified in order to obtain full functionality of the website.

How to verify your account? Bitcoin identity card just have to send scans of two documents: Both sides of an ID document - passport, driver's license or ID card. Address confirmation document, not older than 6 months. All invoices from stationary and internet stores are not accepted. Quick Transaction With the funds at your account you can immediately buy or sale the digital currency.

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After signup, you have to verify your identity to buy or sell digital currency. The process is similar to opening a bank account. The Luno website and mobile applications assist with this process. When you sign in for the first time, you'll see the HOME page with the welcome card indicating your progress in the middle of the display. You will receive an SMS text message containing a code to confirm your mobile number.

Enter your name exactly as it appears on your identity document. In some countries, we may ask you to enter your identity number and allow you to start buying Bitcoin immediately.

If you are not automatically verified after providing us with your phone number and personal details in the steps above, you can verify your identity by submitting your identity documents.

This feature is only available in certain countries. Submit a high quality photo or scan of your national identity book, identity card or passport. The document should clearly show your personal identity number, names, date of birth and a clear photo.

Later, we may ask you to verify your address. To verify your address, please submit a high quality photo or scan of a proof of residence document where your name, address of residency and date of issue are clearly visible. We allow photos or scans of paper documents and PDF's.

We are unable to accept poor quality scans and online or mobile screenshots. How long until my deposit or withdrawal is processed? How do I buy or sell digital currency? Contact us for more help.

Buy, store and learn about Bitcoin and Ethereum now. We are using cookies to provide statistics that help us give you the best experience of our site.

You can find out more by visiting our privacy policy. By continuing to use the site, you are agreeing to our use of cookies. BitX is now Luno. Price charts Bitcoin Price Ethereum Price. Home Buy or sell digital currency Using digital currency Security The basics Getting started How to buy digital currency in four easy steps Sign up for a Luno wallet Verify my identity How do I deposit money? How do I withdraw money to my bank account? Identity verification Deposits and withdrawals Community Home The basics Getting started Verify my identity Verify my identity After signup, you have to verify your identity to buy or sell digital currency.

Enter your personal details Enter your name exactly as it appears on your identity document. Verify your identity If you are not automatically verified after providing us with your phone number and personal details in the steps above, you can verify your identity by submitting your identity documents.

To submit your documents: The document must not be older than 3 months from the day of its issue. Utility bill Bank statement with physical address Municipal rates and taxes invoice Lease or rental agreement Mortgage statement Telephone or cellular account Recent insurance policy document NOTE: Related articles How do I deposit money? Was this article helpful?