Bitcoin is easy, Bitcoin is discreet. Bitcoin is free from centralized banks overseeing and controlling every transaction. The power is truly in the customer and merchant’s hands, hence making things like the purchasing of generic pharmaceuticals online completely without risk for all parties involved.
How to use a credit card (VISA, Mastercard, American Express) and bank wire transfers to easily purchase Bitcoin (or any other cryptocurrency, most notably known as ‘Altcoins’):
First of all, some things you’ll need:
- A wallet (www.blockchain.com). This is where you store your BTC. (Many exchanges also have wallets you can use, making it easier since that’s where you also exchange to get Bitcoin)
- An ID, utility bill to provide the coin exchange (for verification purposes)
- Join a coin exchange (a place you can buy Bitcoin for your wallet)
Finally, some trusted Coin exchanges you can join to buy Bitcoin using your credit card:
How to buy Bitcoin with ACH transfers (USA) click here.
How to buy Bitcoin with SEPA transfers (Europe) click here.
Coinbase’s explanation of buying bitcoins:
Own Bitcoin in just a few minutes
Create an account
Getting started is fast, secure, and designed to keep your personal info safe.
Verify your identity
To prevent identity theft or fraud, you’ll need a photo ID to make sure it’s really you.
Get started with as little as $20, and you can pay with a debit card or bank account.