Is the Bitcoin price soon going to reach an all-time high? Here’s the easiest way to buy Bitcoin!

Bitcoin prices have been skyrocketing lately. Let us walk you through how to buy Bitcoin from the trusted and regulated Bitget exchange

Prasanna Peshkar

Prasanna Peshkar

February 15, 2024 3:18 PM

Is the Bitcoin price soon going to reach an all-time high? Here’s the easiest way to buy Bitcoin!

So, Bitcoin prices have been skyrocketing lately, reaching new yearly highs and getting closer to that all-time record of over $68,000. If you don’t want to miss out on this Bitcoin frenzy, it’s time to act fast and grab some securely. But where’s the easiest and safest place to buy it right now without worrying too much? Well, we’ve got you covered! Let us walk you through how to buy Bitcoin from the trusted and regulated Bitget exchange. 

Bitcoin has surged past the $50,000 mark and has recently joined the elite club of assets with a market capitalization exceeding 1 trillion dollars. But here’s the thing: many believe that the bull market is just beginning. So, it’s essential to tread carefully to ensure you don’t miss out on this opportunity to buy Bitcoin at relatively low prices.

The next Bitcoin Halving is anticipated to occur in late April, marking a significant event where the daily issuance of new bitcoins is halved. Historically, after each halving, Bitcoin has experienced substantial price surges. This presents an opportunity for investors to potentially purchase Bitcoin at lower prices before it reaches new all-time highs.

Where can you buy Bitcoin easily and safely?

Bitcoin is now available as an asset in the form of exchange-traded funds (ETFs). However, there are some limitations to consider. Nevertheless, these ETFs are better suited for large companies looking to incorporate Bitcoin into their balance sheets.

As an individual, there are still numerous advantages to purchasing actual Bitcoin as an asset. One significant advantage is that you retain full control over your Bitcoins, unlike with ETFs or other derivative products. 

Hence, it’s prudent to seek out a regulated and reputable exchange when purchasing Bitcoin. Exchanges like Binance have faced reputation challenges following scandals involving FTX and Binance. Therefore, opting for a trusted and regulated exchange ensures a higher level of security and reliability when buying Bitcoin.

Bitget is the most respected stock exchange to buy Bitcoin and other cryptocurrencies easily and securely. The regulated crypto exchange impresses with its simple design and ease of use.

How can you buy Bitcoin on Bitget?

Creating a trading account on Bitget is a straightforward process designed to cater to both beginners and experienced cryptocurrency traders. Here’s a step-by-step guide to help you get started:

1. Visit Bitget: Head over to the Bitget website and locate the ‘Sign Up’ button.

2. Choose Registration Method: Select your preferred registration method from the options provided. Bitget offers various registration options, including email, mobile number, and Google Account, ensuring flexibility for users.

3. Enter Details: Input your email address and create a strong password for your account. Ensure that your password meets the platform’s security requirements to enhance account protection.

4. Verification: Complete the human verification step as prompted by the platform. This step may involve solving a captcha or confirming your identity through an additional verification process.

5. Verify Email: Check your email inbox for a verification code sent by Bitget. Enter the code into the provided field on the registration page to verify your email address.

6. Finalize Account: Review the details you’ve entered, ensuring accuracy, and then submit your registration information to finalize the account creation process.

Once you’ve completed these steps, your Bitget trading account will be successfully created, and you’ll be ready to explore the platform’s features and start trading cryptocurrencies. The user-friendly interface of Bitget makes the entire process seamless, allowing you to begin trading without any unnecessary delays.

Setting Up a Web3 Wallet on Bitget to buy Bitcoin

Integrating a Web3 wallet into Bitget’s platform marks a forward-thinking approach that aligns with the evolving demands of the cryptocurrency community. A Web3 wallet, being blockchain-integrated, enables users to seamlessly interact with decentralized applications (dApps) directly. 

By incorporating this feature, Bitget not only streamlines the management of digital assets but also paves the way for engaging in decentralized finance (DeFi) activities. This integration enhances Bitget’s versatility, making it an ideal platform for modern traders seeking convenience and accessibility in their cryptocurrency endeavors.

To open a Web3 wallet on Bitget, follow these simple steps:

1. Select ‘Connect Wallet’: When you land on the welcome page of Bitget, look for the option to connect your wallet. Click on it to proceed.

2. Choose Wallet Type: You’ll be presented with various wallet options such as MetaMask, Phantom, and others. Choose the wallet type that you prefer or already have installed.

3. Enter Password and Grant Permissions: After selecting your wallet type, you may be prompted to enter your wallet password. Once done, grant the necessary permissions for Bitget to access your wallet balance and view transactions.

4. Approve Signature Request: Finally, approve the signature request to complete the connection between your Web3 wallet and Bitget.

By following these steps, you’ll successfully open a Web3 wallet and integrate it with Bitget, enabling you to seamlessly manage your digital assets and engage in decentralized finance activities.

Verifying Your Account on Bitget

Bitget, like numerous other exchanges, initially offered KYC-free trading. However, in adherence to global regulatory requirements and industry standards, the platform has transitioned to mandatory KYC (Know Your Customer) procedures. This shift aims to enhance security and trust within the platform, aligning Bitget with evolving regulatory trends.

The verification process, though comprehensive, is designed to be efficient, enabling users to swiftly complete it and commence trading. By implementing KYC measures, Bitget prioritizes user security and compliance, fostering a safer trading environment for all users.

To finalize your verification on Bitget, follow these steps:

1. Provide Personal Information: Input your full name, date of birth, and residential address as required.

2. Submit Identification Documents: Upload a valid government-issued identification document such as a driver’s license or passport. Ensure that the document is clear and legible.

3. Selfie Verification: Take a clear and well-lit selfie while holding your identification document. This helps Bitget verify your identity and match it with the information provided.

4. Wait for Verification: After submitting your documents and selfie, wait for the verification process to be completed. Typically, this process takes around 20 minutes, although it may vary depending on the volume of requests.

Once your verification is successfully processed, you’ll receive confirmation from Bitget, and your account will be ready for trading. It’s important to ensure that all information provided is accurate and up-to-date to expedite the verification process.

Buy Bitcoin with a Card

To link your Visa or Mastercard and complete a transaction on Bitget without fees, follow these steps:

1. Navigate to the “Buy Crypto” section on the platform.

2. Within the “Buy Crypto” section, locate the option to choose the Credit/Debit card payment method.

3. Use the provided screenshots to switch from USDT to BTC. This typically involves selecting Bitcoin (BTC) as the desired cryptocurrency for purchase.

4. Next, if you haven’t already linked a card, you’ll need to add a new card. Look for the option to add a new payment method, then input your Visa or Mastercard details as prompted.

5. Once your card is linked, proceed to complete your transaction. Follow the on-screen instructions to confirm the purchase details and authorize the transaction using your linked card.

By following these steps, you’ll be able to link your Visa or Mastercard, switch to Bitcoin (BTC) for purchase, add a new card if necessary, and complete your transaction without incurring any fees on Bitget.

Prasanna Peshkar
Article By

Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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