today I'm going to show you how you can buy bitcoins with your debit card
ok so you want to buy bitcoins but you're not sure on how you can do it
well watch this video I'm going to show you how simple actually is to buy
bitcoins now the website we're going to be using is called a local bitcoins .
com
now there's a bit of a misconception when buying bitcoins and I fought it too
but basically people think that's really complicated to buy bitcoins and you have
to do all sorts of verifications
and while that computer on some websites are novices just simply not true
so watch this video I'm going to make it really clear now
just a note this is buying bitcoins with a debit or credit card if you want to
buy bitcoins with paypal you want to click on the link in the description
I'm just gonna take you to that video but buying with paypal has really high
rate so you're going to have to pay something like twenty percent in fees
so here we go buying bitcoins with your debit card so you want to click on the
link in the description and it's going to take you to local bitcoins
I'm from here you want to make an account now once you've made an account
you going to come to this page you want to go to your edit profile and I've just
made a new account to show you what it's going to look like
so you going to need to verify your email so that's pretty simple go verify
the email that you vented you're going to have to add your phone number
need to set a real name make sure that that name is the same on your card
make sure you set your time zone here and if we scroll down here here's the
verification
now when should the email and your phone obviously them two are going to say yes
but to actually trade you're going to need to verify your identity
now it's really not hard using this software and you can do it within about
five minutes so you just want to click verify identity here and it's going to
take you through the process on doing it now you just need a valid ID so you can
use your passport or you driving license if we click start here
it's going to tell us we can use our passport identity card or driving
license so you want to get any of them ready and then follow the instructions
on screen all you simply have to do is take a picture of it and upload it to
local bitcoins and the software is going to scan it to see if it's real
there's no human verification is simply the software that does the work
ok so this is going to take around five minutes and once you've done that you
want to come back to the video
ok so now i'm logged in to my actual account where i'm going to show you how
the buying process goes down
so when you first see it you're going to see quick bio quick so it's going to be
on quick by by default now the easiest and most cost efficient way to buy
bitcoins is by national bank transfer
i'm in the UK so obviously i'm going to be buying from the UK
maybe from the US or anywhere else is going to be your country and then we're
going to click search here
I'm now we're going to see all of the people that are selling Bitcoin and what
price they are silent up
now here is the price per bitcoin the lower this number the lower the amount
of money you are going to pay for a Bitcoin there but as you can see here
they have limits so 120 100 150 and so on down here
now this guy has a five pound limit so I'm just going to click on this person
now this person says that your real name and identity must be verified by local
Bitcoin which you should have already done and he says he may ask types of
verification to protect us both
this is probably going to be a selfie with your passport or some fit well
because i'm making a video i don't really have time for that so we're going
to go to the next best person
ok so the next best person here is rob he's got a yellow light and he was last
seen 15 minutes ago so I'm just going to try and see if he is available now if
he's not gonna have to try someone else
so you want to click on his list in here or anyone's list in the you wanna buy
and it's going to show you the terms of trade if your profile doesn't show ID
then I can't trade with you and we should already be verified for ID and
that's pretty much all of the terms he house
so now we can check how much we want to buy so in my case i want to buy around
15 pounds with a friend to 15 pounds is going to tell us how much we're going to
get in Bitcoin here
this number can just copy and then I can go to prove . com and change it to a
great british pound and now i can paste in this number is going to tell us how
much we're going to get so for example i'm going to spend 15 pounds here and
i'm going to get 14 pounds and sevenpence which isn't too about that's
acceptable of what i'm actually going to do is put this up to 16 pounds in step
and then you just want to simply send a trade request like I'm gonna do now
I now you can go ahead and contact the person so I'm just going to put hi
looking to trade
i'm going to click send I now just got to wait for him to come online and see
this
so I'm going to be back when he's online ok so now as you can see we have to wait
a while boys send a message back here i'm going to blow everything out you've
probably noticed already have I'm not gonna reel any of this guy's personal
information there
neither am i going to reveal any of mine so here is give me his account name his
account number on his sort code which i'm going to copy and to my bank and
send the money so I'm just going to go and do that now and then as you can say
here he says please remember don't use the Bitcoin or anything to do with
Bitcoin use the reference in the right hand side which is here which I'm just
going to copy
i'm going to paste this in the reference box and put the amount to 16 pounds and
I'm just going to recheck all of the information
ok so as you can see here it says my payment has been processed the this is
on my bank account
I'm not going to go and go down to here and Mark the payment is complete and it
says here the seller has been notified
i'm just going to write a message saying
sent and then click send now I'm just going to wait for this guy to see the
transactions were made and released the bitcoins now you covered by astro which
basically means the local bitcoins are going to hold the Bitcoin until the
seller marks that has released and if there's any problems they have the
bitcoins and you can sort it out from there
but if you deal with someone with good feedback then you're not going to have
any problems and i'm pretty confident that this deal is going to go through
smoothly and now I say great stuff
all done for you thank you for that i was going to release the money into
escrow in a minute
as you can see up here it says zero in a minute I'm not being there means that
everything is done successfully
I'm going to check this message here and it's just that his gave us good feedback
now I've opened up a new top as you can see we have a Bitcoin in our wallet here
and here is the Bitcoin here and we can go ahead and send this to our normal
wallet that we would use I use electrum so i could just going to send that to my
wallet
ok so that's how you do it that's how you buy bitcoins with local bitcoins
hope they demonstrated this in a way that you can understand
I did after blur information now obviously but I hope you can understand
the process and understand that it's not that hard
I'm not as difficult as some people make it out to be all you really need to do
is make sure your ID verified on the site
ok so if you want to go and do this they'll be a link to local bitcoins in
the description please click it will help me out
ok so thanks and I'll see you in the next warm