Get Bitcoin Now

Michel March 5, Yes, using ShapeShift is that easy! You can buy Bitcoins from local vendors through Bitit. After selecting credit card as a payment method, add your Bitcoin wallet address and hence you will be asked to enter your Billing information and address. Once the account is created as a buyer , the user can start searching for a seller to buy Bitcoins. Most, however, require no verification whatsoever. These cards are similar to a Visa gift card you can buy at a supermarket or convenience store without verifying your identity.

These ATMs are available in a limited number of cities , but do provide an alternative to withdrawing money using an exchange. Exchanges accept a variety of payment options based on what they are willing to use. Bank transfers, on the other hand, typically have low fees, but they may take longer than other payment methods. Since wallets must be secure, exchanges do not encourage storing large amounts of bitcoin or for long periods.