Buy Bitcoins Online

Buy Bitcoins Online
Buy Bitcoins on eBay

BUY BITCOINS AND CASASCIUS HERE

There are a few things to consider before you buy Bitcoins online.

If you are new to Bitcoin and cryptocurrency just follow this simple process.

 

Create a Bitcoin Wallet Address.


Currently I recommend Luno to all international users and especially South Africans because you will have the option of buying and selling your Bitcoins. There are also other great benefits like the affiliate program where you can share the program with family, friends or on social media and receive a commission for all their transactions.

Commission Amount – For every R500 ($36.40) purchased or sold by your referrals you will receive R10 ($0.73) worth of Bitcoin.

Can I buy Bitcoins from Luno? – Yes

SIGNUP FOR FREE WITH LUNO

 

Alternatively you can signup with Coinbase which is mostly recommended for US and European users. They also have a affiliate program and offer $10 worth of Bitcoin for every $100 deposited into their system by your referrals. You could make a living doing this if you good at promoting things on social media and in Facebook groups.

SIGNUP FOR FREE WITH COINBASE

Always do research before purchasing Bitcoins and any other cryptocurrency.


It never hurts to learn so if you have never bought Bitcoin before then do as much research as possible or until you feel comfortable enough to make a decision.

Remember you don’t have to buy an entire Bitcoin, you can buy partitions.

1 Bitcoin = 100 000 000 Satoshi

You can purchase as little as 1000 Satoshi ($0.06) if you like.

Just consider there will be a small transaction fee so it’s no good to buy 1000 Satoshi when the transaction fee might be 10 000 Satoshi.

Bitcoin Scams

There are a lot of scams surrounding Bitcoin that even bloggers and scam warning websites cannot keep up with them all collectively. Don’t get caught by “deals” or offers that sound to good to be true and always investigate first and read forums to get some insight from users who already have trading experience.

Some traders sell slightly higher than the current Bitcoin trading price because there are transaction fees involved. If you sell Bitcoin on eBay they charge $10 just to list an advert in the Bitcoin category, this is to discourage scammers. Additionally they take 10{87e56780531fb49397975d6ccdf5fd583fe12882c640bab7ecd9d9198b593911} sale fees. Keep this in mind when you see prices are higher than expected. This is another reason why it is better to purchase privately to avoid all these extra costs.

You can send a very large amount of Bitcoin for a very small transaction fee. Example – To send 10 Bitcoin ($56680.00) would probably costs you no more than 100 000 Satoshi which is about $5.70. If you had to send that amount with PayPal you would be charged about 5{87e56780531fb49397975d6ccdf5fd583fe12882c640bab7ecd9d9198b593911} for transaction fees.

 

Purchasing Methods


  • From family, friends, trusted individuals or crypto companies.
  • From eBay (review sellers ratings and selling history).
  • From Bitcoin forums like Bitcointalk or BMF. Just be careful who you trust.
  • Through your Bitcoin Wallet provider if the service is available.

Personally I would rather buy from a family member, friend or a person that can be trusted. If not my next option would be Luno.

 

What is Casascius?


These are physical Bitcoins. Each Casascius Bitcoin has an embedded piece of paper with digital Bitcoin value covered by a tamper resistant hologram element.

Some people feel more comfortable to invest into Casascius because it is considered to be a more secure method, only you have the code and your Bitcoin is not stored online therefore it’s not accessible to hackers.

 

Claim Free Bitcoin

ALWAYS KEEP YOUR COINS SAFE!
Ledger Nano Wallet for Bitcoin

 

Please remember if you don’t understand something, if you would like some help, have feedback or suggestions please add it to the comment section below.

I will assist you to the best of my ability.

Kind regards,

Kamil

4 Comments

  1. asoikaw3

    Hello Good Day sir. I want to ask about cascacius, you said their bitcoin is physical but what if you buy only a small amount of satoshis?
    Also, can you please provide us more info about the site? I would like to have your personal opinion if possible ’cause I always have a hard time reading descriptions from their site itself, and not just Cascascius haha.

    Reply
    1. Kamil (Post author)

      Good Day

      You cannot buy a small amount of Satoshi from a Casascius coin unless someone peels off the hologram to reveal the private keys, redeems the digital value and sells partitions (Satoshi).
      Once the hologram comes off it leaves a tamper-evident pattern and the keys will be exposed. I would not advise this because they are now collector items. A fully loaded Casascius goes for about $10 000 on eBay and the graded ones are even more expensive.

      These coins have been discontinued since December 2013 when the Treasury Department shut it down so the official website has been closed since. Governments hate competition!
      As a result the coins became even more valuable! 🙂

      Where are you reading descriptions from “their” site?

      Regards,
      Kamil

      Reply
  2. vac1304

    Greetings from Colorado! I’m bored to death at work so I decided to browse your site on my iphone during lunch break.

    I love the information you provide here and can’t wait to take a
    look when I get home. I’m amazed at how quick your blog
    loaded on my phone .. I’m not even using WIFI, just 3G ..
    Anyhow, wonderful blog!

    Reply
    1. Kamil (Post author)

      You mean greetings from Russia StP? 🙂
      Thank you.

      Reply

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