Over the past two years, the value of cryptocurrencies has gone up a great deal. Even if the market isn’t at its best presently, it has still become rather popular in the mainstream. If you’d like to purchase Bitcoins, Bitstamp is one of the best places you can find it.
How to Buy Bitcoins From Bitstamp in Five Steps
Step One: Visit Bitstamp.com
The first thing you need to do is visit Bitstamp.com and generate an account. When you visit the website, you’ll see “Create Account” on the screen. Click on it and fill in the information required for creating the account. You’ll need to add your email address and name then tick the box to accept the terms and conditions. Make sure you read these terms first before you accept them. After that, click on register.
Step Two: Secure Your Password
Bitstamp displays a notification indicating that your password is out of date. You have to click on “change password.” You’ll be redirected to a new page where you can create a new password. Make sure you create a strong password with letters and figures.
Step Three: Verify Your Identity
You’ll need to fill in your name and address on the next screen to verify your identity. The name you choose should be exactly what you have on your ID. Input your date of birth as it appears on your ID and declares your citizenship. After that, upload your valid ID.
Step Four: Enable 2FA
Before you start making any deposits, you should secure your account with 2-factor authentication. This can be done with Google authenticator or freeOPT. Go to your settings and click on “enable 2-factor authentication”.
Step Five’ Purchase Bitcoins
At this point, you’ll be able to purchase Bitcoins with your credit card. Click on the “buy” button after inputting the number of Bitcoins you want to buy. Then click on continue. This will take you to the Bitstamp card processor where you can complete the process. After depositing funds, you can create an order to purchase Bitcoin quickly.