What's a good resource explaining the best ways to buy Bitcoin (noob friendly)?

10

2

We have a slew of questions about specific regions ... but I couldn't find a general, concise, good resource on how to buy Bitcoins.

This article offers too many choices and isn't noob friendly.

I want to link to the answer from the Newbie Guide I'm making.

An answer to this question should not be a specific way to buy (it will get stale, Stack Exchange does not handle staleness issues very well), but rather an external resource that is maintained and up to date (and will likely remain so in the future). I suggest a new Wiki entry that is noob friendly.

Update: I've opened up a new wiki entry for this, you can help edit it.

ripper234

Posted 2012-07-18T05:52:46.110

Reputation: 25 192

A link to some information on wallet choinces is here: http://bitxoin.blogspot.com.au/2013/07/bitcoin-newbies-start-here.html

– Simon Montrose – 2013-07-03T01:37:15.087

1

LocalBitcons.com offers over-simplified guide in 6 languages on their site: https://localbitcoins.com/landing/en/ They aim to coverage all regions, payment methods and languages, so it should be pretty much non-US-focused there.

– Mikko Ohtamaa – 2013-07-05T09:17:37.983

1

See this similar question for guidelines - http://bitcoin.stackexchange.com/questions/4178/what-is-a-good-resource-to-help-newbies-choose-their-first-wallet-s

– ripper234 – 2012-07-18T05:58:22.750

2

Also http://bitcoin.stackexchange.com/questions/91/how-do-you-obtain-bitcoins

– ripper234 – 2012-07-18T08:30:57.430

WAY too confusing. We need a step-by-step, especially for US residents who aren't used to, and maybe never have, exchanged any money. I have seen both wiki entries, while I sit on 2 bank accounts, debit cards, and a prepaid credit card. Why don't I have any @#$%^&&^% bitcoins two #$%^& hours ago? Why is the process so $$%^&^& difficult? I just want to key in my cc and buy some bitcoins. Why can't I do that? – None – 2012-11-10T09:28:54.007

Answers

6

A guide almost needs to be one that provides results dynamically based on responses to questions.

The factors that matter are:

  • Where are you (country)?
  • How much are you looking to buy?
  • What payment methods can you use?
  • How soon do you need the bitcoins?
  • Is privacy / near-anonymity important?

Only once those are known can recommendations be made.

A fairly comprehensive list of methods exist on the Bitcoin wiki:

Stephen Gornick

Posted 2012-07-18T05:52:46.110

Reputation: 26 118

3

http://howdoyoubuybitcoins.com/

Seems to be attempting to provide this info and keep it up to date.

Brian Armstrong

Posted 2012-07-18T05:52:46.110

Reputation: 727

1

The linked page seems to be not working anymore. There is however now howtobuybitcoins.info, which seems to provide similar information or might even be the new site for the same webpage.

– Murch – 2014-02-14T23:33:30.990

Asked: 2012-07-18T05:52:46.110

Viewed: 8 147 times

Active: 2013-07-03T23:53:36.500