A crucial first step for any new bitcoiner is figuring out how to actually buy bitcoin. The good news is that today there are so many easy-to-use options for buying bitcoin that you should be able to find something that works for you.
In this guide, we’ll walk through how to buy bitcoin using Coinme and how to set up a Coinme wallet to send, receive, and store bitcoin.
Coinme is the simplest way to convert dollars into bitcoin. All you need to do is find a Coinme-powered location, which is easier than ever through our partnerships with Coinstar and MoneyGram. So far there are over 20,000 bitcoin enabled locations nationwide. Most of them are located in places you probably go to already anyway, like the grocery store or pharmacy.
For a more detailed, step-by-step guide on how to buy bitcoin with Coinme, check out this page with helpful videos. In the guide there is also a “buy bitcoin near me” tool which will help you locate the nearest bitcoin location.
Once you locate a Coinme location, you will be able to buy bitcoin with cash in three easy steps.
For Coinstar locations:
For MoneyGram locations:
While buying bitcoin at a Coinme-powered location is simple and straightforward, there are still some very basic best practices to follow.
The key takeaway is that buying bitcoin is becoming easier and easier all the time. That’s the good news. The bad news is that as new products and platforms emerge for buying bitcoin, it becomes increasingly important to do your own research. Pay particular attention to the security elements of new bitcoin products.
Another key takeaway is that setting up a Coinme wallet is one of the easiest ways to convert cash to bitcoin. And once the bitcoin is in your Coinme wallet, you can send, store, and receive bitcoin anytime, and anywhere.
How To Use A Bitcoin ATM or Kiosk: A Beginner’s Guide In 2021 How did you first hear about bitcoin? Maybe you saw a story on