Buying your first Bitcoins. Only reliable methods

Cryptocurrency is a digital payment tool with no external or internal control. Therefore, this tool is very useful when transactions must be made with the highest level of anonymity. Considering all these factors, we strongly recommend WA-Tracker™ clients to use Bitcoin as the primary method of balance replenishment.

You doubt you can buy cryptocurrency? Don't worry about it! There's no need to be an expert to obtain BTC. Now even a non-experienced Internet user can buy cryptocurrency in just a few steps.

Currently, there're many tools (exchanges, wallets) for acquiring cryptocurrency. Any user can choose the most convenient option based on this user's preferences. But all these methods have one common disadvantage. They all require completing KYC (know your client) checks with submission of identity documents. KYC is a legislative measure aimed at preventing financial crimes related to money laundering and tax evasion.

There's only one way to bypass this verification procedure. It comes down to buying cryptocurrency from a private individual / seller. But all the necessary precautions must be made for scam-protection reasons.

Here's info on 2 methods of buying cryptocurrency being the safest.

localbitcoins LocalBitcoins (https://localbitcoins.com) is one of the most popular services for BTC exchanging. It supports 8 languages. Its users make offers indicating exchange terms and accepted payment methods. All you need to do is to choose the most suitable option and create a transaction request. Next, you should transfer funds to a seller's bank card or e-wallet. The seller, in turn, will send cryptocurrency to an account bound to your LocalBitcoins profile. The transaction is considered completed only when both parties fulfilled all the necessary obligations. In this case, LocalBitcoins acts as a guarantor and monitors all trading processes.

Guide:

  1. Complete a standard account registration procedure after reading the Terms of Use.
  2. Confirm email address and you will be redirected to https://localbitcoins.com
  3. Read and follow instructions at https://localbitcoins.com/guides/how-to-buy-bitcoins.
  4. After a successful purchase, go to the “Wallet” section and send the payment to your personal WA-Tracker™ address. It can be obtained in the “Balance” section.
  5. Wait for funds to be credited. At least 3 confirmations from Bitcoin blockchain are required for your balance to be displayed in the Dashboard.

Bitcoin ATM differs from a standard ATM in that it allows buying cryptocurrency with a credit card or cash. Such a payment will be made in a local currency without identity authentication. Bitcoin ATMs became quite widespread. Currently, they can be found in almost any region using a map search . 100% anonymity is a distinctive advantage of this method. Please note that a commission fee amount is set by a company owning an ATM and can vary considerably. It is recommended to find out a current rate upfront any time when buying cryptocurrencies.

Manual:

  1. Create a wallet for crediting Bitcoins you'll purchase further on. It’s one of the most reliable and proven services - BLOCKCHAIN.
  2. Save a Bitcoin address of the wallet you've created or print it out. Follow Find Bitcoin ATM’s.
  3. In the search box in the top left, type in the name of your country or city and click enter.
  4. Once you search, you’ll be taken to the location you entered on the map. If you see map pin markers, you’re in luck! That means there are Bitcoin ATMs in your area.
  5. Click on one of the map markers for more details about a specific ATM. From there, you can also click on “Read More” at the bottom for even more details.
  6. Use the nearest ATM to buy a required number of Bitcoins and transfer them to your Blockchain wallet created previously.
  7. After a successful purchase, visit BLOCKCHAIN and make a payment to your individual WA-Tracker™ address, which can be obtained in the "balance" section
  8. Wait for funds to be credited. For your balance to be displayed in the Dashboard, at least 3 confirmations from Bitcoin blockchain are required.

The confirmations time can vary depending on the size of commission fee and network load.