hey what's going on everybody its Kyle um yeah so a lot of people have been
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hitting me up asking me how to buy Bitcoin because I've been obviously
buying and trading a lot of Bitcoin and dealing with altcoins and all this other
pretty cool stuff lately and I've had a lot of people text me so I wanted to
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just make a video that way if any of you guys want to know how to buy Bitcoin
then you can just follow these instructions basically cuz it's actually
super easy to do and as you guys can see bitcoins actually up right now it's up
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three hundred and forty-one dollars since last month it was it was four
thousand three hundred dollars like two days ago and now it's four thousand six
hundred dollars so um yeah basically you're gonna want to go to coinbase okay
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which is this um you're not gonna see this when you first sign up you're gonna
see the sign up page I probably should have put it up as the sign up page but
you know long story short go to coinbase all you got to do is just fill out a
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bunch of really simple information you know information about you just because
you know this is money and you are dealing with banks so you do have to you
know the whole know your customer thing right so all you have to do basically is
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just go sign up fill out the information and then you you go over to settings and
you can go to payment methods however you gonna buy Bitcoin I have my Ulster
savings and luck to debit cards and a once a debit card and ones a credit card
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um I think you can add they have let's say yeah look they have PayPal if you
want to use PayPal which is pretty cool I usually go through my bank now the
bank transfers as you can see are pretty slow it takes four to five days but the
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fees are like way lower if you use a bank account it's like one percent like
one point four percent or something if you use a credit card it's like four
percent so if you're buying like a thousand dollars worth of Bitcoin that's
forty dollars in fees which is just in singing so but if you need it quick then
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I guess you got to do what you got to do but you know if you're just buying to
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hold and just invest then just do the bank what's the difference if it takes
four to five days to show up you know you're gonna have to pay much lower fees
so that's that's a lot better um so basically all you're gonna do is you're
gonna go fill this out set your payment method up and then what they'll do is
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they will send you or they'll charge your bank account and then all you have
to do is just verify what the cost was like think they'll charge you like 12
cents or something and then you just have to like verify it was 12 cents and
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then you should be good all set to go when you first sign up though your
limits are gonna be a little bit low like usually when you're a brand new
customer you're only gonna be able to buy like look Bitcoin already went up
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just while we were talking um you're you know you you're only gonna be able to
buy like maybe $200 worth you know from your credit card or 500 maybe and you'll
have a bank limit of maybe a thousand dollars you know and then over time you
know as you could sing my limit has increased to fifteen thousand dollars so
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the more you use it the more they get to see you the more they you know trust you
and they'll they'll up your limits too so I mean there's all crazy stuff you
could do there's like a thousand different crypto currencies you can get
into trading crypto currencies if you want I've done really well trading
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crypto currencies I don't date trade but I tend to buy and hold but if you're
just getting into it you have three options on coin base you could buy
Bitcoin which is everybody knows Bitcoin that's like the basic you know
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granddaddy of them all all right then there's a theorem and litecoin I'm not
gonna go into detail explaining what they are right now but just long story
short if you just want to get into it you just want to buy some Bitcoin right
now it works the same way through all of them but basically what you're gonna do
is you're gonna click on whatever it is that you want to buy say you want to buy
Bitcoin right so it's already highlighted and then I go down here US
dollars I'll buy some right now honestly I'll buy some right now so I don't know
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like let's say 450 bucks we'll buy right now okay
so that's point zero nine five six Bitcoin whatever with a fee of six
dollars and 61 cents okay that's four using the service and then all you got
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to do is click buy Bitcoin confirm the bot that's it
I bought it so now when we go back to the dashboard or no actually excuse me
we go to accounts I don't rise in nine all it arrives in nine days because I'm
buying it on a weekend it's it's it's a weekend right now so that's probably why
it's gonna take so long so yeah so it tells you it arrives in nine days yeah I
already have another one pending right here this arrives Thursday of this week
and that's really it guys so you know right now I have I think
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it's like ten dollars in my account because I don't keep my money where's my
Bitcoin wallet yeah see I have ten dollars in 38 cents but I don't keep my
money on coinbase I usually just use coin based as an exchange then I move my
my my earning my own my Bitcoin to I'm trying to find where is my wallet well
anyway I have a little private well oh here it is right here how long this
thing right here this is a little this is called a ledger nano okay
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I don't you guys can see the am i holding upside down so yeah basically
it's like a little USB Drive you know it has like push buttons and security and
the reason that you want to put your Bitcoin on a Hardware wallet is because
if you leave it on the exchange it some
Bitcoin is still going up Wow as I'm making this video Bitcoin has gone up
like like five dollars or four dollars five dollars but yeah so you want to
definitely keep it safe and what I'm gonna do for you guys too is um I'm
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gonna leave a link below it depends on where you're watching this you might be
watching this on my Facebook I originally made this for my Facebook
friends but I might put this on youtube so if it's on Facebook I might drop the
link in the comments or just send me a message because I have
a referral code that basically for referring a friend they will give you
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$10 in been free Bitcoin if you buy $100 or more if they only do it one time but
you know if you don't want to use my link totally cool guys just go to
coinbase com sign up you're not gonna get the $10 but you know and if you want
to use my link you can that'd be awesome because you'd get $10 and I would get
$10 so that's really cool guys you know I'm helping you help we're helping each
other so yeah so if you want click the link get in contact with me if you need
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any help figuring out what to do with your Bitcoin or how it works or what
places accept Bitcoin I could you know steer you in the right direction if you
guys are interested in trading Bitcoin if you want to go down that route I
could point you and you know show you some pretty good youtubers a couple you
know good-good blogs and uh good Facebook groups you can join that give
it that have given me pretty good signals so yeah that's really it that's
that's really all it is you sign up for coinbase you buy your Bitcoin and you
know likewise should you choose to cash out like say you know you want to sell
your Bitcoin and you want to put it back into your bank account well then all you
do is you go to sell and you just enter the amount you you know sad one well I
don't have it in here but say I had that four hundred fifty dollars
oh you just sell it instantly and the last time I sold it back to my bank
account it literally took one day so it's basically the equivalent of like a
regular bank transfer or like a PayPal so I was able to get the money back in
my account in one day so that's basically it guys that's how you buy and
sell Bitcoin if you don't want to do trading guys when I first got into
Bitcoin it was twenty two hundred dollars and that was just a few months
ago and it's you know already pretty damn high so alright guys that's
basically it and I hope that helped if you guys want the free ten dollars click
my link get in contact with me if you need you have any questions and
that's how you buy bitcoins so the next time anybody asks me I'm just gonna show
them this video all right guys so until next time peace out
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