Buying bitcoin is really straight forward. All you need is a bank account and your bitcoin wallet, which you can download at https://bitcoin.org/en/choose-your-wallet.

The wallet is a file where your bitcoin is stored. It can be installed onto a computer, phone or tablet; any device with access to the internet. However, be careful, if you lose the device then your bitcoin is gone for good. After you’ve installed your wallet, it will need to sync itself to the network. This can take quite a while since there is a lot of data to download.

Alternatively you could opt to use an online wallet like https://blockchain.info/wallet. This is an extremely reliable service that a lot of people use to store their bitcoin. You even have the option to have any bitcoin you receive converted automatically into the currency of your choice.

Once you have your wallet setup you’ll then get your unique wallet address code, which functions much like a bank account number. You can safely give this code out to people, as it can only be used to deposit coins, not withdraw them.

Now you’re ready to get some bitcoin. You can purchase whatever amount of bitcoin you want to get started. If you find the price of a whole bitcoin is a bit high, then you can start off with a smaller amount that you feel comfortable with. Remember that bitcoin is divisible to eight decimal places, so you could start off with an investment of just a couple of dollars if you want to.

It’s a great time to buy your first bitcoins, since the price is still relatively low at the moment. If you would like to jump straight and get your first coins, then you can head over to https://buy.bitbanx.com/, where you can find competitive prices.

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