How to buy Bitcoin with EURO with the least amount of fees

in #buying7 years ago (edited)

You will need to start out with a CoinBase wallet and there are many tutorials out there to do this so I will skip this step.

Now head over to www.gdax.com this is Coinbase exchange and it where we are going to deposit our EURO.

Once logged into GDAX select the BTC/EURO from the dropdown in the top left!

btceuro1.jpg

Now select deposit and then SEPA.

btceuro2.jpg

Now you need to login to you EURO bank account and make sure your bank support SEPA transfers and wait around 12 to 24 hours for your money to be sent to your Coinbase account.

When the funds arrive you will receive an email, the next step is to move the funds across to GDAX by going to the BTC/EURO and clicking deposit again and this time we are going to select the Coinbase tab as below. You should see your EURO now in Coinbase here as we need to enter the amount of EURO send to GDAX (all this is internal no fees are taken) then click Deposit Funds

btceuro3.jpg

That´s it we are now ready to trade and this is how best to get Bitcoin at the best price...

Select LIMIT (1) order and we are going to put the price in we are going to buy Bicoin at, this can easily be done by clicking the green price (2) in the orders book just to the right then you can easily use all your EURO to buy Bitcoin by clicking your EURO at the top (3). The image below show this in detail. Simple as 1, 2, 3 then place order.

btceuro4.jpg

Now all you have to do is wait for the order to execute, it may be that the price moves to quickly for your buy order to execute, If the order goes to far down you may wish to cancel the order and repeat the steps above to set a new order.

Congratulations you now own Bitcoin!

I hope you found this guide helpful and you now understand the best way to buy your first Bitcoins with 0 fees!

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