How to buy bitcoin

So, you want a piece of the bitcoin pie?

First things first...

There is a huge mis-conception to buying bitcoin (BTC), that you have to buy a 'whole bitcoin'. This is not the case. Bitcoin is divisible by 100,000,000 (yes, that is one hundred million!), so you can purchase a 'bit' of bitcoin in sums you are comfortable with.

Follow the instructions below to get you on the way to living the crypto dream (and possibly becoming a crypto millionaire!)

To purchase your first Bitcoins using Coinbase, you will need:

a valid email address
a bank credit/debit card
proof of identity: passport, driving licence or photo ID

Step 1:

Open your favourite web browser and go to Coinbase. Enter your full name, email address and a secure password, tick the 'Im not a robot' and agree to the Coinbase terms and conditions.

You will receive a verification email.
Click the link in the email to confirm your account.

Step 2:

Choose the + Add Payment Method option.

Step 3:

Select Credit/Debit Card (3D-Secure) from the Add a Payment Method screen.

Step 4:

Select the ID type you wish to upload for verification.

ID verification can take a couple of minutes to process. Be patient :-)

Once your ID has been accepted, you will instantly be able to purchse your Bitcoin.

Step 5:

Select the Buy/Sell option from the menu. The credit/debit card you added in the previous step should appear under the Payment Method element.

Enter the amount your wish to purchase in GBP/USD. Coinbase will convert the total to BTC.

Once payment is confirmed, your BTC amount will automatically update and confirmation of purchase sent to your email address.