How do you buy bitcoins in America?
Thanks to the awesome American entrepreneurial spirit, there are more ways than ever to buy bitcoins online in America!
Buy bitcoins with a Bank Transfer (2-3d / 1% fee)
Buy bitcoins fast using your phone (minutes / 100%+)Blockchain.info offers the ability to charge purchases to your cell phone bill, but it’s not cheap and the limit on Bitcoins purchased is small. After creating a wallet with them, you’ll need to verify your cell phone number. Once that’s done, you chose from their small, medium or large purchase options and get your Bitcoins within the minute, but don’t expect to get that many. ($$$$$)
Buy bitcoins with a credit card and Second Life (1hr / expensive)
Buy bitcoins with a Wire Transfer (1-3d/below average)
Buy bitcoins via Money Order or Check (3-9d/cheap)
We caution against...
Dwolla is fairly popular and cheap, but your account needs to be older than 30 days.
How do you buy bitcoins in person?
Buying bitcoins in person can be fun and safe! There are a ton of options, from 7-11 to Walmart to buying Bitcoins direct from another person! We encourage people to meet up in person and trade for bitcoins. Remember to use caution when dealing with cash.
Meet people in person via LocalBitcoins.comThe best way to find someone who’ll sell you Bitcoins for cash is LocalBitcoins.com
Enter your zip code or location and it’ll provide a list of sellers, their location, price and minimum/maximum transaction. The nice thing about LocalBitcoins.com is the built-in escrow.
The seller deposits the Bitcoins with the website, and when you give the seller the money, they release the money to you, and the website notifies you by phone. It’s safe, easy and cheap. ($)
Buy bitcoins at your Local Store or Bank (1 HOUR)
...Our best advice
It should go without saying, but know who you’re buying from has a good reputation. Honest people also make mistakes, so make sure you know what you’re signing up for.
"I need bitcoins fast!"
Very fast, and lots of places to deposit, including 7-11, Wallmart, and Wells Fargo. Can transfer directly (for a premium) to most bitcoin services like MtGox within an hour. Rates are around 5%.
"I want bitcoins cheap"
2-3 days turnaround using your bank account. The setup is just like PayPal, and the rate is a mere 1% above market price.
SAFETY SUZIE SAYS:
- Backup your wallet!
- Don't forget your password!
- Know who're doing business with!