Thread: Bitcoin

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Originally Posted by bcowu9

Dumb question.. does anyone have a step by step Way to set up a Bitcoin account? I need to do it at some point


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I can do that. First of all you need to choose the service that is suitable for you
There are 2 main types - accepting cards and accepting other payment options
1) Cards - coinbase.com and cex.io
They are good to go but they ask for ID verification and have 150-400 $ limits. They will be changed in the future
2) Other payment options - localbitcoins.com and paxful.com
Personally I am the fan of localbitcoins - it is the larges person-to-person BTC platform, where you can buy bitcoins even via Starbucks gift card!
The best options at localbitcoins are WU/MG, SWIFT and cash deposit. Also, there are offers with paypal but fees are incredibly high (up to 40 %)

After choosing the suitable variant you need to go through registration process, buy bitcoins and then send them to the shop or person using unique wallet number