How to buy and send Bitcoin

 

Many of you know how to move on the cryptocurrency exchanges, but it is not so obvious to everyone. Therefore, I will try to describe here how to get the fastest and easiest way to buy bitcoin. 

Through the cryptocurrency exchange

To purchase bitcoin through the cryptocurrency exchange you must register and verify on one of them. bitbay.netRegistration is not complicated after clicking on LINK we will see the registration window where we choose the email address and enter your email address and confirm all consents. After clicking register you will see a confirmation window, now we have to enter your email address to approve the registration. In the email we will see the blue button "Activate account" click on it to activate. The next step is to establish a login, password and security code. Then we choose citizenship and default currency and click on the "Create account" button Now the system will ask you to log in based on the previously entered data, that is, enter your email address or login and in the next step password. After logging in, the next required step will be the personal verification required by European regulations. At the top of the page, we should see an alert that reminds you, click on it. Then choose the type of account - personal or company.Then we give our data starting with the phone number (Confirm with the SMS code) after the correct confirmation we will see the page with the sections through which one has to go to fully confirm the account.

When we fully confirm our account, we can take care of buying bitcoins.To buy bitcoin you must first transfer money to the stock exchange. Click on the wallets tab on the left and Choose your currency, e.g. usd and click deposit. We should see there as in the picture two types of payment - by bank transfer or post office.
Bank transfer usually goes on the second or third day.

Bitcoin purchase

When we have funds on the BitBay marketplace, we can use them to purchase bitcoins, enter the Marketplace tab and make sure that we chose bitcoin or BTCWe will see there a graph, a list of orders and fields for purchase or sale, we are interested in these fields and the list of orders underneath. From the list of sales orders, we choose the first offer in advance (marked as 1 in the picture below). Then, the price will automatically move to the shopping window. Next, click on the money button indicating the allocation of all funds for purchase (marked with number 2). In the third step, we will be confirmed with the BUY button (marked with number 3). The system will automatically convert the quantity and purchase bitcoin at the current stock price.

Creating a bitcoin wallet

To send a bitcoin to the wallet, we must first have a wallet, there are different bitcoin wallets, but it will describe the most popular blockchain.infoWe register on the  blockchain.info website, we provide our email and create a new password, which we must enter twice, we accept the Terms of Use.After a short registration, we enter our email inbox to confirm registration - click on the blue link. It's basically all you need to do to set up your wallet. In the confirmation e-mail we will also receive the ID of the wallet, which will then be used to log in to us. You can not lose your ID or forget your password. Let's note everything on a piece of paper.

Sending bitcoins to your wallet

To send bitcoin to a wallet from the bitbay exchange, log in to the stock market and blockchain.info. In the stock market penny, go to the Portfolios tab and select the BTC payment.We fill in the "Amount" field with the amount of bitcoin that we want to send. Then enter the portfolio address on blockchain.info in the "Send to" field. and click the "REMAIN" button. To know the portfolio address, go to our blockchain.info account in the Bitcoin tab then click the Receive button, a window with the address of our portfolio will appear, click the "COPY" button, this will copy the address to the clipboard.Now we are back on the BitBay marketplace and paste the copied address into the "Send to" field using the Ctrl + v keys or by right-clicking on the field and selecting the Paste option. The whole should look similar to the picture below. Carefully check whether the copied address is the same address that is on your wallet, or copied properly.After pressing the REMOVE button, depending on the security measures we set on the bitbay, we will have to confirm the transfer with a code from the email or 2FA. The transfer will go to the list waiting to leave the exchange, the exchange does not send them immediately, so you have to wait a bit if the account is verified it should not take more than an hour.

Send from your wallet to Mining Express

Once we see our funds on the blockchain.info account, we can send it to the Mining Express account to purchase the package. We log into the Mining Express account. After logging in to the panel, we will see the start screen, click on the marked position in red: SELECT PLANNext we will see all four plans, we choose the one that interests us. We will show the address for which we need to send bitcoin and amount in BTC, mark the address with the mouse cursor and copy it by clicking the right button and then select the copy.We log in to the blockchain.info wallet, select Bitcoin and click on the Send button.We will see a window in which in the "To" field, paste the address with the right mouse button as before. We check if both addresses agree, then we paste the amount in BTC, which can be seen in the Mining Express panel at the address (BTC value to be sent). and click Continue. After confirming the transfer, Bitcoin will be sent to our email inbox.Information about receipt by Mining Express should be obtained a moment after approval.

Security

All accounts must be properly secured, starting from the gmail account, the exchange account, and the portfolio account. The best protection is the 2FA method, which is based on the verification of the numeric code which is displayed to us in the Google Autenticator application on the phone. The application can be downloaded from the Google Play store or Apple store. Not all email accounts have the option of 2FA security, therefore I recommend using a gmail account for this purpose.

Adding 2FA security to the BitBay exchange

We log on to the stock exchange and click on our login at the top right, we will develop a list of options we choose security settings.Click the Google Authenticator button and then the save button.We generate the code, which should then be scanned by the application in the phone and confirmed with the current code. The codes change every 20 seconds. Enter the code and click the Submit button. From now on every login to the bitbay account or transfer will have to be confirmed by Google Autenticator.We conduct a similar operation for the email account itself and blockchain.info. Not long, the 2FA method will also be entered in the Mining Express panel. 

Full text with images you can see here https://mining-express.net/guides/how-to-buy-and-send-bitcoin