How to Buy Bitcoin (BTC) for Beginners (Bitfinex to BTC)4 min read
In the url section of your browser type www.bitfinex.com and open the page. Bitfinex is one of the oldest cryptocurrency exchanges. You can trade most of the popular coins out there. Depositing on this exchange can be done only through crypto coins. But first things first, let’s create an account. To do that click on the “Open Account”.
2. Choose a username, enter email address and set up a password for your account and then click “Open Account”
3. Email confirmation.
Now go check your email address for email from Bitfinex. Open the email and click on the “Verify My Email Address” button.
4. Sign Back In
After clicking on the link you will be redirected to a login page. Click on the “Username” button and sign in with your credentials.
After clicking “Log in” you will be redirected to the main trading terminal.
5. Depositing your crypto coins
In the right top corner menu hover with the mouse over the “Transfer” menu and choose “Deposit” from the submenu.
6. Choose from the available currencies that you want to deposit. In this tutorial we use Litecoin.
7. Now copy the exchange wallet address and sent Litecoins to this address from your Litecoin wallet.
After some time when you receive your Litecoins you will be promptly notified.
8. Sell the Litecoin for US dollars.
From the “Trading” menu choose Litecoin in order to open the Litecoin trading chart.
8.1 Write the amount you want to sell in the field above the “Exchange Sell” button and then push the red “Exchange Sell” button to sell your Litecoins.
When the sale completes, you will get pop up notification in the right bottom side of the screen that looks like this:
09 .Buying Bitcoin
From the “Trading” menu choose Bitcoin in order to open the Bitcoin trading chart.
9.1 Write the amount you want to buy Bitcoin in the field above the red “Exchange Sell” button and then click on the green “Exchange Buy” button to buy Bitcoin.
When the buying transaction completes, you will get pop up notification in the right bottom side of the screen that looks like this:
We are done!! Now you own Bitcoin coins.
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