How to Buy Bitcoin in Portugal
Recently, digital currencies and blockchain technology have been attracting increasing interest not only from investors and IT professionals but also from society as a whole. And it's not surprising, as tokens are immune to inflation and are not dependent on countries, banks, or policies. Being the first cryptocurrency in the world, Bitcoin has maintained its leading position for over a decade among financial and computer experts as well as among regular people looking to make profitable investments. With its limited supply and growing adoption, Bitcoin has become a popular investment choice, offering the potential for significant returns over time.
In Portugal, the cryptocurrency market has experienced steady growth, mirroring the worldwide surge in interest towards digital assets. The buying and selling of cryptocurrencies, including Bitcoin, is legal and regulated within the country. Portuguese individuals have a diverse range of cryptocurrency exchanges and platforms at their disposal to engage in trading activities. Notably, Portugal does not impose taxes on the sale or purchase of cryptocurrencies for personal use, creating an appealing environment for crypto enthusiasts. This tax-friendly approach adds to the allure of Portugal as a cryptocurrency hub.
One popular platform for buying cryptocurrencies in Portugal is Itez.com. Our user-friendly service allows you to safely make a purchase directly from a bank card. Below you will find detailed step-by-step instructions on how to buy Bitcoin in Portugal with euros, dollars or other currencies.
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.
Verify 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.
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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.
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.
The banking landscape in Portugal has actively embraced the rise of cryptocurrencies, recognizing their vast potential and addressing the evolving needs of customers engaged in digital assets. Prominent financial institutions in the country, such as Millennium BCP, Novo Banco, Caixa Geral de Depósitos, Banco Santander Totta, Banco BPI, Banco Popular Portugal, Crédito Agrícola, have taken a progressive approach toward cryptocurrencies, acknowledging their surging popularity and the myriad benefits they offer. These forward-thinking banks have proactively explored avenues to integrate cryptocurrencies into their services, enabling seamless cryptocurrency transactions and pioneering blockchain-based solutions. By wholeheartedly embracing the transformative power of cryptocurrencies, Portugal's banking system proudly exemplifies its commitment to innovation and delivering cutting-edge financial services that cater to the demands of the modern digital era.
Portugal makes extensive use of international payment systems such as Visa and Mastercard, easily integrating them into a wide range of financial services, including the ability to buy cryptocurrencies on platforms such as Itez.com. Here you can buy bitcoin directly with your Visa, Mastercard, Maestro, American Express bank card, both debit and credit cards are accepted for payment. In addition, we support popular virtual payment systems such as Google Pay, Apple Pay and Samsung Pay.
When it comes to the safekeeping of cryptocurrencies like Bitcoin, prioritizing security and selecting the appropriate storage method is of utmost importance. One widely adopted choice is the utilization of a cryptocurrency wallet, available in software-based and hardware-based options. To bolster security measures, it is essential to back up your wallet's private keys and employ strong, unique passwords to thwart unauthorized access attempts. Remaining up to date with the latest security practices and staying informed about potential threats is also crucial. By implementing these precautions and remaining vigilant, you can ensure the secure storage of your valuable Bitcoin assets.
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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