Buying Bitcoins (the newbie version)

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Revision as of 08:50, 18 July 2012 by Ripper234 (talk | contribs)
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This page aims to be the best resource for noobs to understand how to buy Bitcoins. The existing Buying bitcoins page is too complex, and not noob-friendly.

Intro

You can't reliably buy Bitcoins using Paypal or credit cards. There are several ways, depending on your location.

Finding a direct seller

If you can find another person that is willing to sell them to you, you can transfer him money via whatever method (including Paypal), and he'll send you the Bitcoins. One place to look for people willing to sell is Bitcoin OTC.

Physical locations

Depending on your country, you might be able to simply walk into a store and buy them in the usual way (Cash/credit card).

Exchanges / Bitinstant

You can try to buy via an Exchange or BitInstant.

Links