How to buy Bitcoin and other cryptocurrencies on the Bitcoin Store platform?
Bitcoin Store is a platform that enables the simple buying and selling of Bitcoin and other cryptocurrencies. Learn how to simply buy your first cryptocurrency in a guide below.
Are you new in the world of cryptocurrencies? Do you want to buy Bitcoin, Ethereum, Cardano, Polkadot or other cryptocurrency, but you don’t know where to start?
Then you are in the right place. Bitcoin Store is the ultimate platform to simply purchase, sell and store your cryptocurrencies.
Besides Bitcoin (BTC) and Ethereum (ETH), you can also buy more than 130 cryptocurrencies, including the most popular DeFi tokens.
You can check the entire cryptocurrency offer here.
A complete guide for simple cryptocurrency purchase
Bitcoin Store was designed to provide all users a simple way to buy, sell or store cryptocurrencies. That is why you can get your Bitcoin (or other cryptocurrencies) in 4 simple steps:
- Create your own Bitcoin Store account
- Make a SEPA bank transfer in Euros
- Buy Bitcoin
- Check the balance on your Bitcoin Store Wallet
*Important note - once you make a deposit in Euros, your Bitcoin will be available on your Bitcoin Store Wallet after the bank processes your payment (up to 1 business day).
You can follow the entire buying process in the videos below or you can read the text that explains the procedure step-by-step.
Step 1: Create your Bitcoin Store account
The first step is to create your personal Bitcoin Store account. The process is simple and easy. To create your account you will need:
- enter your Email address
- create a unique password (make sure to use multiple characters for better safety)
First, click on the "Getting started" button.
Choose the type of the account you wish to create (Personal or Business account).
Next, choose the country of your residence (country where you pay your taxes).
Once you select the country, enter your:
- name and last name
- email address
- a strong password
*Important note - when creating a password, make sure to use a strong combination of words and numbers. If you are not sure what password to use use the password generator.
Double-check the entered data, and click on “Create an account”.
Once you click the “Create an account button”, go to your email address. Open the Bitcoin Store email and click on the “Activate your account” button to complete the registration process.
*If the confirmation email is not visible in your inbox, check the spam folder. If the confirmation mail is not in the spam folder too, there is a possibility that you entered a wrong Email address in the first steps of registration. In that case you will need to restart the registration process with a correct Email address.
Step 2: Bitcoin Store account verification
Verification is an important process that ensures your identity is behind your Bitcoin Store account.
Verified users on the Bitcoin Store platform also receive additional benefits like:
- guaranteed exchange rate and instant transactions
- no limit on buying or selling cryptocurrency
- fiat deposits and storage on the Bitcoin Store Wallet
Verification process on the Bitcoin Store is done via SumSub service. The entire process is easy and automated - all you have to do is to follow simple instructions.
Once you complete the verification you’ll be able to move on to the next step.
Step 3: Deposit EUR on your Bitcoin Store Wallet
In order to deposit fiat (EUR) directly to your Bitcoin Store account, go to your Bitcoin Store Wallet tab, and then click “Deposit”.
Select the Fiat currency (EUR).
Once you select the Euro (as fiat currency), a new window will pop up. Here you can enter the amount of Euros you want to deposit.
Check your entered amount and tick the box that you are making the payment with your personal bank account.
Click on “Show payment details”.
After the confirmation, you will see a window with deposit details which include:
- recipient name
- recipient’s address
- recipient’s IBAN
- recipient’s bank name
- Reference number
- EUR amount
While entering the payment details, make sure that all data match the displayed data. On the right side you will see an orange icon for copying data directly on your mobile/internet banking app.
Make sure once again that all payment details match the displayed data.
Once you are sure that all details are correct, make the payment, and click on “Confirm payment”.
*Important note - click on the green button “Confirm the payment” after you made the payment (via mobile/internet banking or other payment option).
Cryptocurrency will be available on your Bitcoin Store Wallet after the bank processes your payment. The duration of the process depends on banks but is usually up to 1 business day. Bitcoin Store can’t speed up this process.
Step 4: Buy the cryptocurrency
When you see the deposited amount of fiat currency on your Bitcoin Store Wallet balance you will be able to buy cryptocurrency instantly.
To do that go to the Bitcoin Store Wallet tab and click on “Trade”.
The list of all cryptocurrency will open automatically.
When you select the cryptocurrency (in this example we will use Bitcoin), this window will appear.
First, make sure you are on the “Buy” tab.
There are two ways to make a purchase:
- You can enter the amount of money (second field). The amount of BTC (or other cryptocurrency) will be calculated automatically.
- You can enter the amount of BTC you want to buy, and the price will be displayed automatically.
*Make sure that the value of the cryptocurrency doesn’t exceed the maximum amount of your deposited fiat.
Once you are sure you entered the desired amount click “Proceed”.
Next, choose the Payout method. Here you will be able to choose a wallet where the cryptocurrency will be sent.
You can receive cryptocurrency directly on your Bitcoin Store Wallet or on your other wallet.
If you choose a Bitcoin Store Wallet, the transaction will be instant and the purchased cryptocurrency will be available to you immediately.
If you choose the other wallet, the purchased cryptocurrency will be available to you after the transaction confirmation (approximate time to transfer a cryptocurrency is one hour). For this type of transaction it is necessary to pay a cryptocurrency transfer fee.
If you click to receive cryptocurrency on your Bitcoin Store Wallet, this window will appear.
Click on “Buy BTC for EUR” to complete your transaction.
*If you wish to make a change you can click on “Change”.
When you click on “Buy BTC for EUR” you will confirm the transaction, and this window will appear:
Click on the “Go to Wallet” button. The action will take you to your Bitcoin Store balance where you will be able to see your purchased cryptocurrency.
If you want to track all your transactions click on the “My transactions” in the right bottom corner.
How to send cryptocurrency on the other wallet?
If you want to buy cryptocurrency and send it to the other wallet click on “Personal wallet” (on the third step of the buying process).
The additional field will automatically appear. Enter the wallet address where you want us to send you the cryptocurrency.
*To make sure you entered the correct address we advise you to copy the address instead of writing it manually.
Double check that you entered the correct address.
Once you do that click “Proceed”.
Click on “ Buy BTC for EUR”.
Go to your email inbox and check the “Confirmation mail”. Read the email and confirm the transaction you made on the Bitcoin Store platform.
Once you confirm the transaction via email, it will be processed automatically.
Congratulations on the successful cryptocurrency purchase.
If you still have more questions, feel free to contact us via mail or Live chat.