Table of Contents
What is Bitcoin?
Bitcoin is a digital cryptocurrency. It allows peer-to-peer transactions on the Internet. Satoshi Nakamoto created Bitcoin currency. It is the first Cryptocurrency and is widely used today. Such as the Dollar or the Euro; Bitcoin also works without central authorities such as a government or financial institution.
How to buy Bitcoin?
If you want to buy Bitcoin, first you will need crypto wallets to buy Bitcoin. If you don’t have a Crypto Wallet, you will first need to create it. There are some crypto wallets like Coinbase, Blockchain and Binance etc. You can learn from here if you need to learn how to create a crypto wallet.
You can buy Bitcoin with Credit Card, Debit Card and Bank transfer etc in the USA. You can also buy Bitcoin in the USA through an online exchange, Paypal, Cash App, etc.
How to buy Bitcoin with Paypal
How to buy Bitcoin directly on Paypal
Sign In to your Paypal account; if you don’t have a Paypal account before then, sign up first.
Click the “Buy and Sell” button under your Crypto section (available only to supported countries).
Click on Bitcoin or another Cryptocurrency that you want to buy.
Enter the amount you want to buy.
Select the payment method and click on the “Next” button. You can choose Paypal available balance, Debit Card and Bank account.
Check the conservation rate and transaction fee.
Click the “Buy Now” button. Then after processing, you will see a pop-up notification on the screen that will show your transaction results.
How to buy Bitcoin with Cash App
Cash App allows users to buy Bitcoin and other cryptocurrencies after KYC is completed.
How to buy Bitcoin directly on Cash App
Go to the Cash App home screen and select the Bitcoin tab
Click on the “Buy Bitcoin” button
Enter the amount you want to buy or Select the option amount and tap
Click on the “Buy” button and enter your PIN
Then after processing, you will see a pop-up notification on the screen showing your transaction results.