Download a Bitcoin wallet from the App Store or Google Play Store for an enhanced security Bitcoin experience. Mobile wallets are free to download, are QR code enabled, and make for instant payments and transactions.
Desktop wallets are also available to be downloaded to your home computer or laptop. Due to a computer's increased susceptibility to hacking, using a desktop Bitcoin wallet comes with a slightly higher malware risk than a mobile wallet. The recommended versions below carry a smaller risk:
Think of this like purchased currency from a financial institution. This is a safe and secure way to exchange funds online, and to purchase Bitcoin. Many of these exchanges will require a picture of your ID for personal verification -- but the process is fast and secure.
View our recommended exchanges here
A peer-to-peer exchange allows you to exchange funds and trade Bitcoin with users around the world. We recommend using LocalBitcoin.com which is a go-to trading platform for peer-to-peer Bitcoin trading. When purchasing from a seller, only deal with users that have a high rating reputation based on previous transactions to protect yourself.
Use CoinATMradar.com to find Bitcoin ATMs in your area. These machines are fast, secure, and easy to use -- even for first time Bitcoin users.
Please note that some machines may ask for ID prior to allowing purchase or exchanges. Additionally, you will need a Bitcoin address to move funds. You will need to insert cash into the machine to purchase Bitcoin. Also, you may need to verify your address to confirm most transactions -- when this occurs, the transaction will be instant.
Some mobile payment services let you buy and transfer Bitcoin through a mobile app without the need to setup an Exchange account or a wallet.
Cash App is now the easiest way to buy and sell Bitcoin without the need to set up an Exchange account or a wallet. Plus, you can even send Bitcoin directly to your LowVig real money account without leaving the app! Mind blown!
Then, create a Cash App account.
Cash App has a $10,000 per week limit on buying Bitcoin, but no limit on how much you can sell! Plus, you can send Bitcoin in your Cash App to your Bitcoin wallet if you need to, as well as transfer funds directly to your sports account, no Bitcoin wallet required.
Keep detailed records of where you store your Bitcoin. We recommend using a mobile wallet or trusted exchange services to store your Bitcoin.
When making peer-to-peer transactions, only deal with accounts that have high satisfaction ratings from previous experiences.
In the BOL cashier, only use the generated Bitcoin address once per deposit.
You can go to any BTC ATM to make a cash deposit to your BTC wallet, and from there, transfer to LowVig. Here is a link to the nearest BTC ATM: coinatmradar.com.
The minimum deposit is $20 and the maximum is $500,000.
The minimum withdrawal is $100 and the maximum is $100,000 per week.
Within a maximum of 2 hours, usually within a few minutes.
Within a maximum of 48 hours, usually within an hour.
No, Bitcoin transactions are free.