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How to Buy Bitcoin in 4 Easy Steps

Looking for a fast and secure way to buy Bitcoin? Blockport enables you to convert your local currency to Bitcoin. On this page, we will show you how to buy Bitcoins in just minutes using our platform.

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Step 1: Create a Blockport account

The first step is to sign up for Blockport by creating a new account. You can use this account to buy, sell and store Bitcoin and other cryptocurrencies.

Create you Blockport account
Step 2: Verify your account

By verifying your identity, your account will be activated and you can start building a portfolio.

Verify your Blockport account
Step 3: Connect a payment method

After your account is verified, connect your bank or payment account in order to deposit euros or US dollars.

Connect a payment method to your Blockport account to start trading
Step 4: Buy Bitcoin

Buy Bitcoin and other cryptocurrencies instantly and exchange them on our trading platform.

Buy Bitcoin now

Create account

Buy Bitcoin instantly on Blockport

Blockport is the best place to buy Bitcoin. We offer a Bitcoin exchange that suits the needs for both beginning and more advanced traders. After creating your account by following the steps above, you will have a secure environment available to you, where you can store your newly obtained Bitcoin and use them to exchange for other cryptocurrencies, such as Ethereum, Ripple, Litecoin, and Bitcoin Cash.

Easily buy Bitcoin through the user-friendly interface of Blockport.

Frequently asked questions

FAQ

What is Bitcoin?

Bitcoin (BTC) is the first decentralized digital currency that was created back in 2008. The currency uses the revolutionary Blockchain technology to record payment transactions between users.

This means that there is no need for a central bank or third party to oversee transactions between users of Bitcoin. As a result, this makes Bitcoin the first currency in history that is not linked to a government or central authority.

How do people use Bitcoin?

People use Bitcoins just like they use any other form of money or currency. You can use BTC to pay for services or goods online, use them to trade for other cryptocurrencies, or you can decide to invest in Bitcoin and to store your Bitcoins on a secure location.

Who invented Bitcoin?

It remains a mystery who exactly created the first concept for Bitcoin. In October 2008, a paper by the title “Bitcoin: A Peer-to-Peer Electronic Cash System” was published under the pseudonym Satoshi Nakamoto. In this paper, the foundations for Bitcoin as we know it today were laid out.

In recent years, many people have claimed to be Satoshi Nakamoto, but we will probably never know the true identity of Bitcoin’s infamous creator for sure.

As Bitcoin is based on an open source network, it continues to grow everyday thanks to the input of thousands of developers and users worldwide. In effect, no single individual or entity has full control over the direction Bitcoin is going. Bitcoin will continue to fulfill the needs and demands of the community as it evolves.

What is the difference between Bitcoin and other cryptocurrencies like Ethereum?

Being the first cryptocurrency, Bitcoin has overcome a lot of the problems that newer currencies are still facing. Bitcoin simply had more time to develop and to evolve into the coin it is today. This is one of the biggest differences with most other coins. Bitcoin is relatively stable and has been leading the market for the past eight years, thus becoming extremely popular. When discussing cryptocurrencies, Bitcoin is always mentioned.

In addition, most people use Bitcoin to buy other cryptocurrencies, since it is one of the few coins that can be exchanged for almost any other coin.

Besides being the most well known coin, Bitcoin also differs in varioustechnical aspects from other coins. The main purpose of Bitcoin is to be adecentralized digital currency which people from around the globe can use to payfor all sorts of products and services without any interference of a thirdparty. Moreover, many people use Bitcoin to store value, hence its regularcomparison to gold.

However, not all cryptocurrencies have the same vision and goals as Bitcoin. Many novel projects strive to fill existing voids, not always related to the financial market. For instance, the world’s second biggest cryptocurrency, Ethereum, differs greatly from Bitcoin. Ethereum uses the blockchain technology to enable developers to create decentralized applications, thus having a completely different purpose than Bitcoin.

Can you make money with Bitcoin?

Yes, you can make money with Bitcoin by selling your Bitcoins for a higher price than what you bought them for. You can also use Bitcoin to trade other cryptocurrencies. In recent years, Bitcoin has increased in value many times over, but has also had some major setbacks. By the end of 2017, the price of Bitcoin peaked at nearly 20.000 USD per BTC.

Be aware that Bitcoin has shown to be volatile, so profits can be followed by losses. Always trade responsibly.

Which countries does Blockport support?

We aim to be a global exchange, offering our services to everyone. Currently, Blockport supports a wide range of countries in Europe and more will be added in the future.

Please see our full list of supported countries for more info.

Which payment methods does Blockport support?

We currently support payments by SEPA Bank Transfer, SOFORT Banking and iDeal. To learn which payment methods are supported in your country, check out our supported countries page

How do I buy Bitcoins with SEPA Bank Transfer on Blockport?

For European countries we offer a safe way to buy Bitcoins with SEPA Bank Transfer. SEPA Bank Transfer is a secure way to send money online from one country inside Europe to another. SEPA Bank Transfer is a fast, safe and above all cheap way to transfer money online.

In order to buy Bitcoin with SEPA Bank Transfer on Blockport you will have to follow these four simple steps.

1. Create a Blockport Account

The first step is to sign up for Blockport by creating a new account. You can use this account to buy, sell and store Bitcoin.

2. Verify your Account

By verifying your identity, your account will be activated.

3. Connect a Bank Account

After your account is verified, connect your bank account in order to deposit euros or US dollars.

4. Buy Bitcoin

Buy Bitcoins instantly and exchange them on our trading platform.

Is Blockport safe to use?

Blockport works with industry leading partners to ensure the safety of our users and platform as a whole. Through many rigorous safety measures focused on prevention, detection and mitigation of security issues, Blockport ensures the safety of the exchange.

If you want to learn more about our safety measures, please see our dedicated safety page.

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