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How to buy Bitcoin in 2023? Get guided step by step

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Want to buy Bitcoin (BTC)? Not sure how to go about investing in Bitcoin cryptocurrency? You are in the right place. We will guide you in the purchase of your first BTC with a payment in CB, PayPal or bank transfer.

Bitcoin is a cryptocurrency created by Satoshi Nakamoto, whose symbol is “BTC”. It is the best known cryptocurrency and with the highest capitalization in 2023. Did you know that 10% of French people own crypto-assets according to the ADAN/KPMG survey of 2023?

If you want to be part of this 10% there are several ways to buy Bitcoin . The easiest way is to pay by bank transfer or credit card . There are also alternative methods like checks, cash (Bitcoin ATMs), prepaid cards, phone credit, and even through PayPal or banks like Revolut . On the other hand, it is no longer possible to buy bitcoins in tobacconists in France.

Follow the guide and you will find out how to buy Bitcoin with euros step by step?

When we start to take an interest in Bitcoin and want to buy it, we are quickly drowned in a mass of information and a host of unknown terms. If you are a beginner who wants to buy bitcoin, find out beforehand about the functioning and philosophy of this virtual currency.

If you want to invest in the long term there is not necessarily a better time to invest, you must favor purchases spaced out over time to avoid buying at the highest.

To begin with, we distinguish 3 investor profiles: the beginner who discovers the world of cryptocurrencies , the trader who wants to make a financial investment and the enthusiast who is there for technology and innovation . Depending on your profile, a particular platform may be more suitable for you, i.e. the place where you can exchange your euros for Bitcoin.

The eToro platform allows you to acquire Bitcoin with several payment methods . This is a good site if you are particularly interested in trading. You can start betting on the Bitcoin price, whether it’s up or down, and you can use leverage (be careful, it’s risky). This site is reliable and very easy to use. You can also trade cryptocurrencies such as Ether and Ripple’s XRP, as well as more traditional financial products such as Meta, Amazon or Tesla shares.

Launched in 2007 and used by millions of users, it is probably the most well-known trading platform in the world. This site makes it easy to buy Bitcoin and other assets. eToro is user-centric, it is intuitive and accessible to the uninitiated, it will perfectly meet the expectations of beginners and people interested in trading.

Investing in cryptocurrencies is very volatile. It does not guarantee consumer protection.

eToro is first and foremost a trading platform. This has several advantages: you have access to several markets (crypto-currencies, raw materials, shares, indices, ETFs, currencies…), you can bet up or down (this is called short the market), you have no technical constraints related to the management of your crypto-assets.

If you are mainly interested in trading and investing, it may be worth using eToro. Thus, you will have no technical constraints related to the storage or transfer of your funds and you can devote your time to trading. Attention, you know the saying: invest only what you are ready to lose.

Buy Bitcoin on XTB

XTB is a renowned broker in the trading industry , with over 20 years of experience. It is recognized worldwide for its wide range of tools and is present in fifteen countries, including France, where it has had its own offices in Paris since 2010.

With a bank card (the fastest);

On the XTB platform, you have the possibility to trade cryptocurrencies via contracts for difference (CFD). This means that you are not actually buying the cryptocurrencies, but speculating on their price change without owning the underlying asset.

Then select Bitcoin (BTC) and the type of order you want to use (Instant Execution Orders, Stop Orders or Limit Orders). If you want to buy Bitcoin without waiting, the instant execution order is the preferred option . This allows you to buy Bitcoin at the market price, while other orders allow you to set a price level for your order execution.

The example below illustrates how to finalize the purchase of BTC (via CFD) with XTB. All you have to do is fill in the desired amount in the “EUR” tab and then click on “Buy” .

Why use XTB to buy BTC?

The use of CFDs also offers a significant advantage to XTB users in terms of security. Indeed, since they do not really own cryptocurrencies, this protects them from the risk of losing capital due to possible hacker attacks.

Leader of crypto platforms in Italy with more than 1 million users, Young Platform ‘s mission is simple: to put crypto in everyone’s hands. The company has created an ecosystem of applications to meet this desire:

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