Buying Bitcoin can be a confusing, frustrating, and unnecessarily long process if you do not know what you are doing. There are restrictions on where you can purchase from, how you can purchase, and other restrictions like age. This guide to purchasing bitcoin will make your buying process quick and easy! (Also some bonus deals)

Purchasing Bitcoin (In United States)

https://www.irs.gov/pub/irs-drop/n-14-21.pdf Statement from IRS regarding bitcoin and taxes

Purchasing Bitcoin in the United States can be extremely frustrating because of the amount of restrictions that we have in regards to taxes and economic regulation. Due to this, most bitcoin purchasing websites will require either ID Verification, SSN info, or address verification. You also legally are not allowed to purchase bitcoin under the age of 18, however there are easy ways around this (have your parents purchase for you or a site that doesn’t require age verification). Some sites have decided not to serve US based customers at all because of the regulations, below is a detailed list of sites that DO service US based customers…

 

Coinbase (Create an account with the link below and get $10 worth of bitcoin on orders of $100 or more)

https://www.coinbase.com/join/5a27029a7b2b6100f077a2ba

Coinbase is probably the most known service for purchasing bitcoin. It also allows for you to purchase other cryptos such as litecoin, ethereum, and bitcoin cash. It requires a simple form of ID verification such as a picture of the front and back of your drivers license. Once you have completed the verification process you can deposit USD into your account. Deposit methods include bank transfer and credit card. What is unique about Coinbase is that you can store USD in your account and use it to purchase crypto at anytime instantly.

Sign up using the link above and get $10 worth of bitcoin extra on a purchase of $100 or more of crypto.

Purchasing Bitcoin Out Of The United States

You will need to do some research regarding your countries laws/regulations. However, It should be easier to purchase than if you were US based.

 

Coinbase (Create an account with the link below and get $10 worth of bitcoin on orders of $100 or more)

https://www.coinbase.com/join/5a27029a7b2b6100f077a2ba

Coinbase is probably the most known service for purchasing bitcoin. It also allows for you to purchase other cryptos such as litecoin, ethereum, and bitcoin cash.