An individual can purchase bitcoins from the stock exchange market or from people directly who are owning bitcoins. You can pay for purchasing bitcoins in a variant of methods such as debit card, credit card, wire transfer or net-banking. 

Before making up your mind of purchasing bitcoins I will suggest you at first educate yourself about the bitcoins. There are so many things you must clear first about this cryptocurrency. As these days bitcoins are the most searched topic on the internet. Bitcoins got viral after its value increased at an extraordinary rate.

There are so many countries including our nation which till now hasn’t allowed the transaction of bitcoin, however, the value of a single bitcoin in India is around 7.5 lakh rupees bitcoins weren’t having a value of single rupee till 2010.

How can an individual buy a bitcoin?

It is still not that simple to purchase a bitcoin from debit/credit card or PayPal as it straightly depends on your jurisdiction. This is as a result of such transactions will simply be reversed with a telephone to the card company (i.e. 'chargebacks').

It is time taking and exhausting to prove any product modified hands during a transfer of bitcoins, exchanges avoid this payment technique so do most personal sellers. Well, there are so many countries that are raising the options for consumers to buy or do investment in bitcoins.

Two different ways to buy bitcoins

There is a variant of ways to buy a bitcoin as told in the previous paragraph, here I am mentioning 2 ways which are considered the simplest one for buying a bitcoin. Buying bitcoins from a credit card or buying a bitcoin from a stock exchange. We recommend specialist exchanges like AgoraDesk which allow you to trade coins.

Buying bitcoins with your credit card

Bitcoin can be purchased speedily with a credit card all it requires a few processing fees and within minutes you can buy a bitcoins with it.

Step 1: Input your Bitcoin address and choose the desired purchase quantity

Visit the get Bitcoin page. Enter the quantity of BTC you want to get. Then, specify that the Bitcoin address you’re purchased Bitcoins are sent. To do this, open your Bitcoin billfold, copy your Bitcoin address and paste the address into the “Bitcoin address” field. The Bitcoin you buy is sent to the current address. Remember, you'll be able to continually transfer a Bitcoin billfold for gratis.

Step 2: Input asking information

Once you've inputted your bitcoin address and chosen a buying deal quantity, click the button to continue. From here you'll be directed to Simplex’s checkout kind. Merely follow the steps, input your info, and voila! Your purchased Bitcoins are sent to your Bitcoin billfold address. This could take anyplace from 10 minutes to quite one hour.

Buying bitcoins from stock changes

Stock exchanges are basically a market where people set up their account and after their setup, they buy and sell shares from that marketplace.

Step 1: select Exchange

Choose associate degree exchange by coming into your country of residence then choosing from a list of approved exchanges.

Step 2: Setup Account

Set up an associate degree account on the exchange. Reckoning on the exchange, numerous varieties of identification could also be required.

Step 3: Connect Bank

Connect one or a lot of bank accounts to your exchange account. All the transactions you made are going to be subtracted from or deposited to the chosen checking account.

Step 4: Choose quantity

Once you have created an associate degree account on your chosen exchange and else a checking account. Navigate to the exchange’s purchase feature: choose associate degree quantity of BTC to get, enter your bitcoin address, make a sure purchase, and stay up for the purchased Bitcoin to succeed in your notecase.

You may also read: Pros and cons of bitcoins