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How to buy bitcoin in Mexico

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BTC
Bitcoin
Bitcoin

Since the advent of the first cryptocurrency, Mexico has been one of the countries that rejected digital payments due to the lack of a state regulatory framework. Despite this, several large billionaire companies have supported the development of the banking system in the direction of cryptocurrency, and now Mexico has a positive perception of bitcoin as a means of payment.

In order to support users in their decision to interact with digital payments, online platforms began to appear on the network that allow to exchange bitcoin directly on the site, avoiding hidden fees or inflated prices in the market. Such service is Itez. Users choose Itez because of the ability to transact bitcoin around the world and be guided through the entire purchase process, which can be completed with a simple step-by-step instruction.

How to buy Bitcoin on Itez:
step-by-step instruction
1.

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.

2.

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.

3.

Verify your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

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:

5.

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.

6.

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.

7.

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.

8.

The transaction will first wait for confirmations from the blockchain network.

After six confirmations, the BTC networks will be yours for good; when buying from Itez, this will happen on average within 15 minutes.

This is a very good indicator for the Bitcoin network, since transactions are somewhat slower in the most popular blockchain network than in other networks, due to its design features and high workload.

Banks

Mexican banks offer their clients a wide range of services. Banks that are loyal to the development of bitcoin in the country include: the central BANCO DE MÉXICO; the largest BBVA; the second largest Grupo Financiero Banamex S.A. de C.V; Inbursa and Banco Regional de Monterrey. They provide a reliable level of protection when making transactions and help to avoid fraudulent actions from outside.

Bank cards

Mexican banks offer their clients a wide range of services. Banks that are loyal to the development of bitcoin in the country include: the central BANCO DE MÉXICO; the largest BBVA; the second largest Grupo Financiero Banamex S.A. de C.V; Inbursa and Banco Regional de Monterrey. They provide a reliable level of protection when making transactions and help to avoid fraudulent actions from outside.

How to store bitcoin

Bitcoin holders take security issues seriously: all messages and transactions are encrypted and can only be seen using an electronic wallet, a special tool for storing cryptocurrency. For a complete list of wallets, go to the site bitcoin.org.

Itez
About Itez

Itez is an instant bitcoin purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The average time for receiving bitcoin to a client's account is a quarter of an hour. For comparison, let's take similar services Indacoin and MoonPay: when working with them, the time it takes for bitcoin to be credited to the client's electronic wallet will take for about an hour - it depends on how busy the network is. Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the BTC value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final BTC value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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