Bitcoin Payment - First Timer Needs Help
Make sure you copy the Bitcoin address correctly - one wrong character and your money goes to the wrong place. Double and triple check it.
17
17
Login to reply
Pro tip: buy slightly more Bitcoin than you need. The price fluctuates and fees eat into it. If you need $100 in BTC, buy $110 to be safe.
14
14
Login to reply
What about the anonymity part? Can my bank see I bought Bitcoin?
12
12
Login to reply
Your bank will see you bought Bitcoin from Coinbase/Cash App but they won't see what you spent it on. Bitcoin transactions themselves don't show your identity.
11
11
Login to reply
It's easier than it sounds:
- Download Coinbase or Cash App
- Buy Bitcoin with your debit card
- Copy the vendor's Bitcoin address
- Send the exact amount to that address
Yes there are small fees (usually 2-3%). Allow 10-15 minutes for the transaction to confirm.
4
4
Login to reply
Okay this makes sense now. I'll use Cash App since I already have it. Thanks everyone!
1
1
Login to reply
I'm ready to order my first novelty ID but the vendor only accepts Bitcoin and I've never used crypto before.
Can someone explain like I'm 5:
Also, is Bitcoin actually anonymous or will there be a record of my purchase?
Feeling a bit overwhelmed by all this crypto stuff tbh.