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21/09/17

16:13

Post #: 27374469
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Originally posted by ChippyDude ↑

In order to buy Bitcoin (or code BTC), I had to do 2 steps:

Step 1.:
I went to an AU website where I can buy bitcoin using AUD. The site I used was coinspot.com.au
On the 3rd day, I was fully verified with my relevant ID and account was active
then I purchased say $1200 AUD worth of bitcoin (EG. $$1,200 AUD = 0.25 BTC).

Step 2:
With the 0.25 BTC , I moved them to a website which has HUNDREDS of crypoto currency (or coins) like Commsec has hundreds of shares to choose from. The site I use is bittrex.com (you will have to also go thru ID check process here which took me less than a day, simple !)

Now that you have moved your BTC holding to Bittrex, you can split your BTC to purchase other coins (like splitting cash to buy multiple of different shares to diversify your holdings).

I suggest to at least, set up the accounts first so you can then see what coins are available and get used to the features on the screen.

Note: This is just the basic explanation of how to set up the accounts in readiness to buy

Good Luck

Cheers,
INSIDER

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