How to buy Bitcoin

Bitcoin has become a household name and by now everyone has, at least, heard about it. Due to the recent massive increase in its price, followed by the unfortunate downturn, many people are interested to learn how to buy Bitcoin.

In order to be part of this movement, and use Bitcoin for your purchases, read the following steps carefully, to understand how to buy Bitcoin.

STEP 1. Create A Bitcoin Wallet

In order to purchase Bitcoin from our exchange, you will need to create a Bitcoin wallet address.

Bitcoin wallets are used to store your purchased (or earned) Bitcoin until you are ready to trade them for other coins or, simply, spend them.

There are many digital wallets you can choose from, each one with its own features and security protocols.

You can do so through a paper wallet service, a digital wallet or by purchasing a hardware wallet, such as Trezor or Ledger.

A wallet address consists of a 34 character code, which you will input when the time of purchase comes. Without a wallet, you can’t store your Bitcoin, so make sure you create yours.

STEP 2. How To Buy Bitcoin

After creating your Bitcoin wallet, it is now time to make your first purchase. In order to be able to buy, you will have to make use of a cryptocurrency exchange.

Paybis is easy to use and one of the best options to buy Bitcoin instantly.

You can easily understand the buying process by reading the step-by-step guide below.

STEP 3: Select Your Payment Method

Now it is time to select your payment method. Depending on the country you are in, there are several methods that work better than others.

There are also payment methods that are available in some countries, while in others they are not. For example, several countries do not allow their residents to buy Bitcoin with a credit card. Here is a list of the supported and restricted countries when it comes to cryptocurrency purchases.


Paybis helps you buy Bitcoin with regular (FIAT) money and a wide range of currencies (USD, EUR, GBP, RUB). We also offer a wide range of fiat payment methods, such as Credit and Debit cards, Bank Transfers in EUR (SEPA), Bank Transfers (USD)Advanced Cash, Payeer, Skrill, Neteller, and Perfect Money.

STEP 4: Buy Your Bitcoin And Store It

To complete your first purchase, input the amount of Bitcoin you are willing to purchase and check if the exchange rates are up to date. If so, press the buy button and your newly acquired cryptocurrency will be sent and stored in your digital wallet.


It usually takes a few seconds to complete a purchase and, once the amount is sent and confirmed, it will be visible in your wallet. You can now access it from time to time to see your holdings, calculate the price changes or store more Bitcoin.

STEP 5: Use Your Bitcoin

Congratulations. The Bitcoin is now in your wallet and you are probably already checking the charts. Your Bitcoin may increase in value but it can also go the other way. People that are in the game long enough, have experienced both by now.


Your coins can simply sit there, or you can start making use of them. While there are several online stores where you can spend your Bitcoins, you can also use it to acquire other cryptocurrencies, through trading.

All in all, it is important to remember that, in order to enjoy the ride, you need to have a plan. Know what your targets are and sell your Bitcoins when the right time comes. Doing so will help you avoid emotional roller-coasters and further enjoy your daily life.

 

 


 User Feedback

 A quick step-by-step guide how to buy Cryptocurrency (for registered users)

Select ‘Credit Card’ on the left-hand side of the Paybis home page, and enter the $$ value you would like to pay in ‘Amount you deposit’.

Press ‘Start Transaction’ and enter the following data into the form:

  • Your Bitcoin address - please ensure that your Bitcoin address is correct, as all transactions are irreversible, and it will not be possible to change the address later on.
  • First and Last Name - Should be exactly as they appear on your credit or debit card. If the name does not match, your transaction will be rejected.
  • Date of birth - Please note, we can only offer our services to people aged 18 or more.
  • Specify your Address - Please note, we can't provide our services to residents of some countries/states
  • Upload your ID document in good quality. All 4 corners should be visible, all text on the document should be readable. The better the quality, the higher the chance of getting automatic approval within 5 minutes.
  • Tick the Checkbox that you agree to our Terms of Service and press ‘Continue’
Next, you will be redirected to the Transaction Details page. Please wait while your verification is reviewed.
  • This usually takes 15-20 mins, but it could take up to 2 hours or more.
  • Please monitor your mailbox. If your verification is rejected, you will get an email with a detailed explanation of the issues to be fixed.
When your verification is approved, you will have to press the Continue to Checkout button, and you will get redirected to our payment processor secure checkout page.
  • Enter your name, address and birth date again.
  • You will have to verify your phone (an SMS will arrive) and email (a link will arrive to your email, which you have to click)
  • Enter your credit/debit card number (16 digits)
  • Enter your name, which should be the same as you specified in the previous steps
  • Enter expiration date
  • Enter security code (3 digits from the back of your card)
  • Press ‘Pay Now’

Once your card has been validated and processed, your order is complete! Verification and processing usually happen within 5-120 mins.
  • Please note: your payment might require a manual review, so monitor your mailbox for any additional verification emails from Simplex.
  • If it takes more time, please contact our support via online chat or email.

 Most popular ways to buy Bitcoin

Get Bitcoin with a Credit Card, Debit Card (Visa/MasterCard)

The most popular way is to buy Bitcoin with a credit card. We all have personal debit/credit cards, and this method allows the quickest and most secure way to buy Bitcoin. We support any debit/credit card that has the Visa/MasterCard Logo on it and supports international Payments.

STEP 1: Make sure you have created a Bitcoin wallet before starting your transaction
STEP 2: Head over to Paybis, select Credit card or Debit card on the left-side column, depending on which one you want to use.
STEP 3: Select Bitcoin on the right-side column.
STEP 4: Input the amount of money you are willing to buy with and check the exchange rates.
STEP 5: Complete your transaction.

On average it takes 15 minutes to buy Bitcoin with a credit card during your first transaction, assuming that your KYC is accurate and that the documents provided during the verification were of good quality and approved automatically. Consequent transactions normally take 5 minutes.

Get Bitcoin with Advanced Cash
You can buy Bitcoin with Advanced cash in EUR/USD value. Advanced Cash is a popular digital wallet that allows users to make payments online easily. The payments are instant and after payment confirmation, your transaction will be completed within 15 minutes.

STEP 1: Make sure you have created a Bitcoin wallet before starting your transaction
STEP 2: Head over to Paybis, select Advanced Cash on the left-side column, depending on which one you want to use.
STEP 3: Select Bitcoin on the right-side column.
STEP 4: Input the amount of money you are willing to buy with and check the exchange rates.
STEP 5: Complete your transaction. 

Get Bitcoin with Bank Transfers EUR
A rather popular option to purchase Bitcoin, and one we support, is SEPA bank transfers. Keep in mind that the price of Bitcoin will be fixed from the moment we receive the funds in our bank account. It usually takes 1-3 business days.

STEP 1: Make sure you have created a Bitcoin wallet before starting your transaction
STEP 2: Head over to Paybis, select Bank Transfer EUR on the left-side column, depending on which one you want to use.
STEP 3: Select Bitcoin on the right-side column.
STEP 4: Input the amount of money you are willing to buy with and check the exchange rates.
STEP 5: Complete your transaction. 

Get Bitcoin with Perfect Money
It’s possible to buy Bitcoin with Perfect Money using EUR/USD currency. Perfect money allows you to mane transactions without having to go through an ID confirmation, making transaction private. If your transaction, however, exceed 30k USD/EUR, you will need to go through a KYC process.

STEP 1: Make sure you have created a Bitcoin wallet before starting your transaction
STEP 2: Head over to Paybis, select Perfect Money on the left-side column, depending on which one you want to use.
STEP 3: Select Bitcoin on the right-side column.
STEP 4: Input the amount of money you are willing to buy with and check the exchange rates.
STEP 5: Complete your transaction. 

Get Bitcoin with Payeer

At Paybis, it is also possible to buy Bitcoin with Payeer using EUR/USD currency. Payeer is a popular digital wallet that allows users to make payments online easily. 

STEP 1: Make sure you have created a Bitcoin wallet before starting your transaction
STEP 2: Head over to Paybis, select Payeer on the left-side column, depending on which one you want to use.
STEP 3: Select Bitcoin on the right-side column.
STEP 4: Input the amount of money you are willing to buy with and check the exchange rates.
STEP 5: Complete your transaction. 

 FAQ 

  • Visa/MasterCard credit/debit card is the fastest way to buy bitcoin on Paybis.com.
  • The first transaction usually takes up to 15 minutes, dependant on whether or not your KYC/Verification was automatically approved (correct personal details, good quality pictures of ID, not using TOR browsers, VPN’s or proxies).
  • Consequent transactions normally only take 5 minutes.
  • For Visa/MasterCard credit/debit cards, limits are USD 20,000/50,000 per week/month.
  • For other digital wallet payments like Advanced Cash, Perfect Money and others, we allow up to USD/EUR 500,000 per week.
  • With Bank Transfers EUR/USD/RUB we allow up to USD 200,000 of purchases per week or equivalent in other currencies.
  • For all payment methods that require KYC/Verification, you will have to submit your personal information, address, and upload verification documents.
  • Your personal info should match your ID Documents.
  • The document should be uploaded in good quality, all four corners of the document should be visible, all text should be readable, do not use flashlights or web cameras. Max document size should be 5MB.
  • There are a few methods available to buy Bitcoin without verification.
  • Amazon.com gift cards do not require verification.
  • The first levels of verification for Perfect Money and Advanced Cash and Payeer are granted automatically, thus you can make purchases of Bitcoin without verification up to specific amounts.

 Supported countries

United States

Europe

Russia and CIS countries

The rest of the World


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