Checklist for Buying Bitcoin with USD

☐ Open an account where you can buy Bitcoin with local currency.

This will be Coinbase for most people depending on what country you live in. Click on this link and get $10 in free Bitcoin when you buy a $100 or more.

To open an account with Coinbase and get $10 in free Bitcoin when you buy a $100 or more.

☐ Download a wallet

Exodus is a secure wallet and easy to use by beginners.

☐ Transfer Bitcoin to wallet.

Transfer from exchange to your wallet a few times to get the hang of this. The public address of your wallet is always on the blockchain. Your private keys allows you to transfer Bitcoin. Whoever knows the private keys can transfer your Bitcoins, so keep them safe.

 

☐ Open accounts at other exchanges

Binance, Changely, Cryptopia are a few exchanges to open accounts with right way.

☐ Learn about cold storage (Bitcoin paper wallets)

A good way to store Bitcoin and other cryptocurrencies that you don’t need access to quickly.

☐ Purchase a hardware wallet

The most secure way to manage private keys of your cryptocurrencies. Ledger Nano S or Trezor.

☐ Continue to learn about Cryptocurrencies and investing