Bitcoin (BTC) is one of digital money used and traded electronically. Bitcoin represents a peer-to-peer network having decentralisation. There is no institution or person to manage its function. People can’t print BTCs and their number is very limited. People may only create 21 mln Bitcoins. This cryptocurrency was first represented as an open-source software. It was done by an anonymous programmer, or maybe it were a few programmers named Satoshi Nakamoto in 2009. The real identity of Bitcoin creator was discussed by many people and there were a lot of rumours around it. But still now everything is forgotten. However Bitcoin is the most popular cryptocurrency so ever. In our guide, we will tell you how to buy bitcoin in Ireland.
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.
In Ireland you have a chance to buy Bitcoin with any Irish bank card. Allied Irish bank, the largest of the retail and commercial banks in Ireland, followed by Bank of Ireland, Ulster Bank Ireland and DePfa Bank.
People in Ireland may use Mastercard and VISA payment systems’ real debit and credit cards. They can also buy virtual cards made by special services.
BTC has decentralization that is a very important feature of this digital money. Having a private key and a seed phrase your resources will be fully in safety since other users have no opportunity to use your bitcoin. To see complete list of wallets, follow the bitcoin.org website