Follow my helpful steps below to convert USD to Bitcoin:
Step 1 – Determine
how much Bitcoin you would like to purchase
You should know roughly how much Bitcoin you would like to
purchase. The average rate lately for 1 Bitcoin is $100.00 USD. Just like any
other currency, Bitcoin prices fluctuate as well. Try and make sure that you
are getting the best Bitcoin rates.
Step 2 – Locate a
reputable Bitcoin seller
For a lot of people, this can be the most challenging
decision. Because no government regulates Bitcoin, the risk of fraud is quite
high. Only purchase your Bitcoin from trusted and reliable sellers, stay away
from private sellers. Two mainstream sellers we recommend are Buy Bitcoin and
MtGox. Both sellers offer extremely low rates and guarantee your purchase.
Step 3 – Place your
order and wait for your Bitcoin
If you have ordered Bitcoin to be deposited to your wallet,
it can take up to 2 hours to appear. If you have ordered Physical Bitcoin to be
delivered to your home, please check your sellers shipping page to get an
estimate on time of delivery.
As always, be smart with your online purchases. Never buy
more than 1 Bitcoin from a seller until you have seen that they deliver. Buying
Bitcoin from a seller that you do not know and has not been around a long time
can be very dangerous. Please use all safety precautions when ordering Bitcoin.
Written by: K. Thompson
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