Cryptocurrency is of increased interest not only among professional investors and computer geeks, but also among ordinary people who do not want their savings to depreciate amid the crisis caused by the Coronavirus.
The main incentive is the Bitcoin algorithm, which completely eliminates inflation, as well as the rate of this cryptocurrency, which continues growing in the historical perspective.
This instruction will tell you how to buy the first cryptocurrency easily and safely using the convenient Itez service.
In order to buy bitcoin, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of BTC based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 30 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €30. Well, in our instructions, as promised, we will go through all the stages of purchase BTC for dollars step by step.
After converting the currency to BTC, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.
Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.
Specify the purchase amount in the Itez dialog box. Copy the recipient address - your bitcoin wallet - from the “Accept” section.
Important: you should not manually copy the bitcoin wallet address. The blockchain system does not give any information about bitcoin addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.
For example, this is how the copy address button looks like in the Exodus wallet:
After copying the bitcoin wallet address, paste it into the dialog box.
Check your data — it is important to make sure that the address is entered correctly.
After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.
Push the “Pay” button and enter the one-time bank code in the following window. As soon as the transaction receives 6 confirmations in the blockchain network, your bitcoin wallet balance will be top-up.
Important: the transaction will wait for confirmations for time. After six network confirmations, bitcoin will be on your e-wallet; when buying with Itez it will take for about 15 minutes. This is a very good speed for the Bitcoin network since transactions in the most popular blockchain network are somewhat slower than in other networks due to its properties and high load.
Bitcoin (BTC) can be bought with a card of any Australian bank. Commonwealth is the most massive in terms of the volume of transactions, Westpac is in second place, followed by NAB, Credit Union Australia.
Real debit and credit cards issued by the payment systems VISA, Mastercard, Maestro and virtual cards issued by special services are both suitable for purchase.
An important feature of bitcoin is decentralization. Having a private key and a seed phrase, you can be sure that your funds are safe. No one but you can use your bitcoin. For a complete list of wallets, see bitcoin.org