Bitcoin is in the news today more than ever. Thanks to skyrocketing prices and rollercoaster dips, everyone and their dog are interested in learning how to buy and sell Bitcoin. As the most popular form of cryptocurrency (and the blockchain technology that powers it), Bitcoin is now widely accepted around the world and has a growing number of applications. But before you can get into any of that, you need to first know where to go to purchase and store it.
There are a few steps you need to take to make your first purchase, but if you’re ready and willing to follow along, we’ll teach you how to buy Bitcoin in no time.
Although each step does take some consideration, these are the main points you need to think over when it comes to making your first Bitcoin purchase:
Install an offline Bitcoin wallet and setup a strong password to protect it.
Set up an account on Coinbase (and GDAX if you want additional control).
Choose your preferred payment method.
Buy some Bitcoin!