How to Buy Bitcoin
You can buy Bitcoin in under ten minutes by signing up to a regulated exchange, verifying your identity, depositing money and placing an order. The cheapest route for most people is a bank transfer rather than a card.
Step by step
Choose an exchange
Pick a regulated platform available in your country with low fees and good local payment support.
Create and verify your account
Sign up with your email, then complete KYC by uploading an ID. Verification usually takes minutes.
Deposit money
Fund your account by bank transfer or card. Bank transfers are normally the cheapest.
Place your order
Enter the amount you want to buy and confirm. You can buy at the market price or set a limit.
Where to buy
Different platforms suit different needs. Here is how the main options compare for buying Bitcoin.
| Platform | Best for | Typical fee |
|---|---|---|
| Binance | Low fees, wide choice | From 0.10% |
| Coinbase | Beginners, simplicity | Higher spread + fee |
| Kraken | Bank transfer, security | From 0.16% |
Fees to expect
You will usually pay a trading fee and, on some platforms, a separate card or deposit fee. Card purchases cost more than bank transfers, and prices on instant-buy services include a spread built into the rate.
FAQ
Can I buy a fraction of a Bitcoin?
Yes. Bitcoin is divisible to eight decimal places, so you can buy any amount, starting from a few dollars.
Do I need ID to buy Bitcoin?
On regulated exchanges, yes — you will need to complete KYC verification before depositing fiat.
Is it better to buy with a card or bank transfer?
Bank transfer is almost always cheaper. Cards are faster but attract higher fees.