How to buy Bitcoin in 2022? Get guided step by step3 min read
Want to buy Bitcoin (BTC)? You don’t know how to go about getting your BTCs in your account? You are on the right page, we will guide you in the purchase of your first bitcoins with a payment by credit card, PayPal or bank transfer.
Bitcoin is a cryptocurrency created by Satoshi Nakamoto, whose symbol is BTC. It is the best known cryptocurrency and with the highest capitalization at the end of 2021.
Buy bitcoin step by step
When I started to take an interest in Bitcoin , I was quickly drowned under the mass of information and under a string of words that were unknown to me. You’re in luck, I’ll explain everything about buying bitcoin in euros in this tutorial 🙂
But before that, let’s see what are the necessary steps for a step-by-step purchase of Bitcoin:
Register and open an account on a Bitcoin exchange
Verify your identity to validate your account
Deposit your funds in Euros with your credit card, PayPal or bank transfer
Choose the cryptocurrency you want to buy, here Bitcoin
Validate your Bitcoin purchase
Store your Bitcoins securely
Voila, you are the owner of your first Bitcoins
To begin with, we are going to distinguish 2 investor profiles: the trader who wants to make a financial investment and the enthusiast who is there for technology and innovation . Depending on your profile, you will go to a different exchange, i.e. the place where you can exchange your euros to buy Bitcoin.
Target audience: beginner trader
eToro USA LLC does not offer CFDs and takes no responsibility for the accuracy or completeness of the content of this publication, which has been prepared by our partner using public information not specific to eToro.
You have the profile of a beginner
Investments in cryptocurrencies are risky.
Buy Bitcoin with Etoro
The Etoro site allows you to trade bitcoins with several payment methods. This is a good site if you are particularly interested in trading . You can start betting on the Bitcoin price, whether it’s up or down, and you can use leverage (be careful, it’s risky). This site is reliable and very easy to use. You will also be able to trade cryptocurrencies like Ethereum and Ripple, as well as more traditional financial products like L’Oréal, Amazon and Tesla shares.
Launched in 2007 and used by millions of users, it is probably the most well-known trading platform in the world. This site makes it easy to speculate on the price of Bitcoin and other cryptos. The site is user-centered, it is intuitive and accessible to the uninitiated, it will perfectly meet the expectations of beginners and people interested in trading.
👌 We liked : French version, good reputation, has existed for more than 10 years, secure, functionality allowing automatic copying of the best traders on the platform, trading-oriented, cryptos and classic financial products, mobile application, responsive support, CB and PayPal
68% of retail investor accounts lose money when trading CFDs with this provider. You have to ask yourself if you can afford to take the high risk of losing your money.
Why use eToro?
eToro is first and foremost a trading platform. This has several advantages: you have access to several markets (crypto-currencies, raw materials, shares, indices, ETFs, currencies…), you can bet up or down (this is called short the market), you have no technical constraints related to the management of your crypto-assets.
If you are mainly interested in trading and investing, it may be worth using eToro. Thus, you will have no technical constraints related to the storage or transfer of your funds and you can devote your time to trading. Be careful, you know the saying: only invest what you are prepared to lose.