Buying Bitcoins

  1. Register on BitWallet. You get a free and secure online bitcoin wallet.
  2. Buying options:
    • Buy bitcoins online with your online banking or cash deposits.
    • Buy bitcoins with cash and meet the local seller face-to-face.
  3. Go to Buy bitcoins section.
  4. Select from a list of available bitcoin traders available. You can filter by desired payment method and use the quick search function.
  5. From the traders list, choose a trader with good reputation score displayed after username.
  6. Press buy and send a trade request with a message to the trader:
    • For online trades, seller will provide his payment details once trade is opened.
    • For cash trades, you agree the meeting time and place.
  7. Contact the seller directly through the trade messaging interface and make your payment. Once payment is made, click on "Mark Paid".
  8. After the seller gets the payment, the seller releases the bitcoins and they instantly become available in your BitWallet account.

Next steps

Tips for the first bitcoin trade

  • If the bitcoin seller is not responding within few hours, cancel the purchase in Dashboard and pick another seller.
  • Prefer cash deposit and bank transfer payments.
  • If you mind your privacy and want to stay anonymous, the cash trade is the way to go.

Security

Worried about the security?

BitWallet protects bitcoin trade process with reputation system, escrow process, and two-factor wallet security.