How to buy a bitcoin (BTC) on BitBay ?

How to buy a bitcoin (BTC) on BitBay ?

You have chosen to use BitBay to buy bitcoins, but you don’t know how this platform works. So we will guide you step so that you can buy bitcoins on BitBay.

Your registration on BitBay

If you want to buy bitcoins on BitBay, you must first start by registering on this platform. It is really very simple. To begin, click on “Register” in order to save you. You will need to provide your e-mail address. You must also create a user name, a pin code and a password. However, for the latter, we recommend that you choose a complex password. This will protect you against hacking attempts. Once you have finished, you will receive an e-mail to the address you have indicated. It contains a link that will allow you to validate your account. In addition, you can also enjoy a second level of protection using Google Authenticator. Even if it is totally optional, we recommend that you still do. Your crypto-currency will never be too protected.

The verification of your identity

However, you will not be able to make deposit for the time being. For this, you need to give more information about your identity. However, no need to worry, this is not really complicated, since you just need to follow the steps. The first of these is to fill in a form in which you need to enter several personal information, including your first name, last name, your date of birth and your mailing address. In addition, you also need to provide your identity document valid. This can be your identity card, your passport or your driving licence. Finally, it only remains for you to send a proof of address dating from less than 6 months.

Make a deposit on BitBay

Now you can make a deposit by clicking on the tab ” Funding “, then choosing the method and the currency in which you wish to make your deposit. However, we recommend that you make your deposit by bank transfer. Indeed, it is the easiest method. You just need to provide your bank account details and you will receive the money on your account BitBay within 48 hours. However, for the deposit is accepted, your account BitBay and the bank account that you use with it must both be in the same name.

Buy Bitcoin on BitBay

Once the money is in your account BitBay, you can finally buy bitcoins. For this, you need to click on the tab “Scales” and select the crypto-currency that you want to buy, which will therefore be the Bitcoin. You then need to click on ” Trade “, then on ” New order “. Once you have found an offer that suits you, you will not have to validate.

What you must remember

  • The first thing you have to do is register on the platform, the BitBay before you validate your account.
  • You will then need to fold multiple checks to make a deposit.
  • You can finally make a deposit into your account BitBay and buy bitcoins.