How to buy crypto-currencies on BitBay ?

How to buy crypto-currencies on BitBay ?

You have decided to use BitBay to buy crypto-currencies, but you don’t know how to do it. So here are the steps to follow to get there without any problem.

Register on the platform, the BitBay

The first stage of the registration will not pose problems. You must first click on “Register” to register your account. You will then need to provide your email and create a user name, a password and a pin code. For more security, we recommend that you use a complex password. This will protect you in effect of any hacking attempt. Once you have validated, you will receive an e-mail on the address you have provided. This message contains a link that will allow you to confirm your registration and on which you should click. You can also add a second protection to your account using Google Authenticator. This will allow you to offer even better protection to your valuable crypto-currency.

The verification of your account

You then need to verify your identity. You must absolutely go through this step if you want to make a deposit. However, this is not very complicated. You must first fill out a form in which several pieces of personal information you are requested, including your first name, your name, your address and your date of birth. You must then provide the photocopy of an identity document in course of validity. This can be an identity card, a driving licence or a passport. Then, you must also provide a proof of address dating from less than six months.

Make a deposit on BitBay

Once you have given all the necessary information, and they have been validated, you need to do is to deposit money on your account BitBay. To do this, the easiest method to use remains the bank transfer. So you need to go in the heading “Funding”, and choose the currency in which you want to make your deposit. You must then make your deposit and provide all the necessary bank details. However, for the transfer is accepted, your account BitBay and your bank account must be in the same name. The transfer will be made within 48 hours.

Buy crypto-currencies on BitBay

On the platform, the BitBay, you will have a great choice of crypto-currencies. The first thing to do is to choose which one you want to buy. You must go in the section “Balance” and choose the crypto currency you want in the drop-down menu in the top left. You must then select the tab ” Trade “, and then click on ” New order “. Once you have found the offer that suits you, you just have to validate in order to complete the transaction.

What you must remember

  • For a start, you must first register on the platform, the BitBay and validate your account.
  • However, to make a deposit, you will also need to provide other additional information and send multiple documents.
  • Once all these steps completed, you need to make a deposit to finally be able to buy crypto-currencies.