1 00:00:00,000 --> 00:00:03,000 today I'm going to show you how you can buy bitcoins with your debit card 2 00:00:03,780 --> 00:00:07,859 ok so you want to buy bitcoins but you're not sure on how you can do it 3 00:00:07,859 --> 00:00:11,280 well watch this video I'm going to show you how simple actually is to buy 4 00:00:11,280 --> 00:00:15,120 bitcoins now the website we're going to be using is called a local bitcoins . 5 00:00:15,120 --> 00:00:15,899 com 6 00:00:15,900 --> 00:00:19,529 now there's a bit of a misconception when buying bitcoins and I fought it too 7 00:00:19,529 --> 00:00:24,390 but basically people think that's really complicated to buy bitcoins and you have 8 00:00:24,390 --> 00:00:26,670 to do all sorts of verifications 9 00:00:26,670 --> 00:00:30,869 and while that computer on some websites are novices just simply not true 10 00:00:30,869 --> 00:00:34,110 so watch this video I'm going to make it really clear now 11 00:00:34,110 --> 00:00:38,100 just a note this is buying bitcoins with a debit or credit card if you want to 12 00:00:38,100 --> 00:00:41,100 buy bitcoins with paypal you want to click on the link in the description 13 00:00:41,640 --> 00:00:45,660 I'm just gonna take you to that video but buying with paypal has really high 14 00:00:45,660 --> 00:00:49,709 rate so you're going to have to pay something like twenty percent in fees 15 00:00:49,710 --> 00:00:53,699 so here we go buying bitcoins with your debit card so you want to click on the 16 00:00:53,699 --> 00:00:56,910 link in the description and it's going to take you to local bitcoins 17 00:00:56,910 --> 00:01:00,449 I'm from here you want to make an account now once you've made an account 18 00:01:00,449 --> 00:01:05,390 you going to come to this page you want to go to your edit profile and I've just 19 00:01:05,400 --> 00:01:07,560 made a new account to show you what it's going to look like 20 00:01:07,560 --> 00:01:11,700 so you going to need to verify your email so that's pretty simple go verify 21 00:01:11,700 --> 00:01:15,240 the email that you vented you're going to have to add your phone number 22 00:01:15,240 --> 00:01:19,679 need to set a real name make sure that that name is the same on your card 23 00:01:19,680 --> 00:01:23,250 make sure you set your time zone here and if we scroll down here here's the 24 00:01:23,250 --> 00:01:24,509 verification 25 00:01:24,509 --> 00:01:27,720 now when should the email and your phone obviously them two are going to say yes 26 00:01:27,720 --> 00:01:31,798 but to actually trade you're going to need to verify your identity 27 00:01:32,700 --> 00:01:35,610 now it's really not hard using this software and you can do it within about 28 00:01:35,610 --> 00:01:43,200 five minutes so you just want to click verify identity here and it's going to 29 00:01:43,200 --> 00:01:47,579 take you through the process on doing it now you just need a valid ID so you can 30 00:01:47,579 --> 00:01:51,119 use your passport or you driving license if we click start here 31 00:01:51,119 --> 00:01:54,390 it's going to tell us we can use our passport identity card or driving 32 00:01:54,390 --> 00:01:58,649 license so you want to get any of them ready and then follow the instructions 33 00:01:58,649 --> 00:02:03,540 on screen all you simply have to do is take a picture of it and upload it to 34 00:02:03,540 --> 00:02:07,770 local bitcoins and the software is going to scan it to see if it's real 35 00:02:07,770 --> 00:02:11,940 there's no human verification is simply the software that does the work 36 00:02:11,940 --> 00:02:15,870 ok so this is going to take around five minutes and once you've done that you 37 00:02:15,870 --> 00:02:17,640 want to come back to the video 38 00:02:17,640 --> 00:02:20,609 ok so now i'm logged in to my actual account where i'm going to show you how 39 00:02:20,610 --> 00:02:22,800 the buying process goes down 40 00:02:22,800 --> 00:02:26,700 so when you first see it you're going to see quick bio quick so it's going to be 41 00:02:26,700 --> 00:02:30,899 on quick by by default now the easiest and most cost efficient way to buy 42 00:02:30,900 --> 00:02:34,410 bitcoins is by national bank transfer 43 00:02:34,410 --> 00:02:37,890 i'm in the UK so obviously i'm going to be buying from the UK 44 00:02:37,890 --> 00:02:42,149 maybe from the US or anywhere else is going to be your country and then we're 45 00:02:42,150 --> 00:02:43,680 going to click search here 46 00:02:43,680 --> 00:02:47,850 I'm now we're going to see all of the people that are selling Bitcoin and what 47 00:02:47,850 --> 00:02:49,290 price they are silent up 48 00:02:49,290 --> 00:02:53,310 now here is the price per bitcoin the lower this number the lower the amount 49 00:02:53,310 --> 00:02:57,300 of money you are going to pay for a Bitcoin there but as you can see here 50 00:02:57,300 --> 00:03:02,910 they have limits so 120 100 150 and so on down here 51 00:03:02,910 --> 00:03:07,350 now this guy has a five pound limit so I'm just going to click on this person 52 00:03:07,350 --> 00:03:11,460 now this person says that your real name and identity must be verified by local 53 00:03:11,460 --> 00:03:15,870 Bitcoin which you should have already done and he says he may ask types of 54 00:03:15,870 --> 00:03:18,420 verification to protect us both 55 00:03:18,420 --> 00:03:22,170 this is probably going to be a selfie with your passport or some fit well 56 00:03:22,170 --> 00:03:24,570 because i'm making a video i don't really have time for that so we're going 57 00:03:24,570 --> 00:03:26,250 to go to the next best person 58 00:03:26,250 --> 00:03:31,560 ok so the next best person here is rob he's got a yellow light and he was last 59 00:03:31,560 --> 00:03:36,540 seen 15 minutes ago so I'm just going to try and see if he is available now if 60 00:03:36,540 --> 00:03:38,250 he's not gonna have to try someone else 61 00:03:38,250 --> 00:03:42,150 so you want to click on his list in here or anyone's list in the you wanna buy 62 00:03:42,830 --> 00:03:47,840 and it's going to show you the terms of trade if your profile doesn't show ID 63 00:03:47,840 --> 00:03:53,120 then I can't trade with you and we should already be verified for ID and 64 00:03:53,120 --> 00:03:56,600 that's pretty much all of the terms he house 65 00:03:56,600 --> 00:04:00,110 so now we can check how much we want to buy so in my case i want to buy around 66 00:04:00,110 --> 00:04:04,520 15 pounds with a friend to 15 pounds is going to tell us how much we're going to 67 00:04:04,520 --> 00:04:05,930 get in Bitcoin here 68 00:04:05,930 --> 00:04:13,430 this number can just copy and then I can go to prove . com and change it to a 69 00:04:13,430 --> 00:04:17,630 great british pound and now i can paste in this number is going to tell us how 70 00:04:17,630 --> 00:04:21,380 much we're going to get so for example i'm going to spend 15 pounds here and 71 00:04:21,380 --> 00:04:25,100 i'm going to get 14 pounds and sevenpence which isn't too about that's 72 00:04:25,100 --> 00:04:30,200 acceptable of what i'm actually going to do is put this up to 16 pounds in step 73 00:04:30,200 --> 00:04:34,940 and then you just want to simply send a trade request like I'm gonna do now 74 00:04:34,940 --> 00:04:37,969 I now you can go ahead and contact the person so I'm just going to put hi 75 00:04:37,970 --> 00:04:40,130 looking to trade 76 00:04:40,130 --> 00:04:46,850 i'm going to click send I now just got to wait for him to come online and see 77 00:04:46,850 --> 00:04:47,419 this 78 00:04:47,419 --> 00:04:52,990 so I'm going to be back when he's online ok so now as you can see we have to wait 79 00:04:52,100 --> 00:04:55,970 a while boys send a message back here i'm going to blow everything out you've 80 00:04:55,970 --> 00:04:59,720 probably noticed already have I'm not gonna reel any of this guy's personal 81 00:04:59,720 --> 00:05:01,250 information there 82 00:05:01,250 --> 00:05:05,540 neither am i going to reveal any of mine so here is give me his account name his 83 00:05:05,540 --> 00:05:10,400 account number on his sort code which i'm going to copy and to my bank and 84 00:05:10,400 --> 00:05:14,270 send the money so I'm just going to go and do that now and then as you can say 85 00:05:14,270 --> 00:05:18,799 here he says please remember don't use the Bitcoin or anything to do with 86 00:05:18,800 --> 00:05:23,300 Bitcoin use the reference in the right hand side which is here which I'm just 87 00:05:23,300 --> 00:05:23,929 going to copy 88 00:05:23,930 --> 00:05:29,990 i'm going to paste this in the reference box and put the amount to 16 pounds and 89 00:05:29,990 --> 00:05:32,300 I'm just going to recheck all of the information 90 00:05:32,300 --> 00:05:35,720 ok so as you can see here it says my payment has been processed the this is 91 00:05:35,720 --> 00:05:37,250 on my bank account 92 00:05:37,250 --> 00:05:42,950 I'm not going to go and go down to here and Mark the payment is complete and it 93 00:05:42,950 --> 00:05:45,440 says here the seller has been notified 94 00:05:45,440 --> 00:05:47,600 i'm just going to write a message saying 95 00:05:47,600 --> 00:05:53,600 sent and then click send now I'm just going to wait for this guy to see the 96 00:05:53,600 --> 00:05:57,590 transactions were made and released the bitcoins now you covered by astro which 97 00:05:57,590 --> 00:06:01,760 basically means the local bitcoins are going to hold the Bitcoin until the 98 00:06:01,760 --> 00:06:04,909 seller marks that has released and if there's any problems they have the 99 00:06:04,910 --> 00:06:07,700 bitcoins and you can sort it out from there 100 00:06:07,700 --> 00:06:10,400 but if you deal with someone with good feedback then you're not going to have 101 00:06:10,400 --> 00:06:13,609 any problems and i'm pretty confident that this deal is going to go through 102 00:06:13,610 --> 00:06:15,950 smoothly and now I say great stuff 103 00:06:15,950 --> 00:06:19,550 all done for you thank you for that i was going to release the money into 104 00:06:19,550 --> 00:06:20,570 escrow in a minute 105 00:06:20,570 --> 00:06:24,950 as you can see up here it says zero in a minute I'm not being there means that 106 00:06:24,950 --> 00:06:26,840 everything is done successfully 107 00:06:26,840 --> 00:06:30,289 I'm going to check this message here and it's just that his gave us good feedback 108 00:06:31,160 --> 00:06:34,880 now I've opened up a new top as you can see we have a Bitcoin in our wallet here 109 00:06:34,880 --> 00:06:38,659 and here is the Bitcoin here and we can go ahead and send this to our normal 110 00:06:38,660 --> 00:06:43,880 wallet that we would use I use electrum so i could just going to send that to my 111 00:06:43,880 --> 00:06:44,600 wallet 112 00:06:44,600 --> 00:06:48,230 ok so that's how you do it that's how you buy bitcoins with local bitcoins 113 00:06:48,230 --> 00:06:51,680 hope they demonstrated this in a way that you can understand 114 00:06:51,680 --> 00:06:55,100 I did after blur information now obviously but I hope you can understand 115 00:06:55,100 --> 00:06:58,130 the process and understand that it's not that hard 116 00:06:58,130 --> 00:07:01,909 I'm not as difficult as some people make it out to be all you really need to do 117 00:07:01,910 --> 00:07:05,900 is make sure your ID verified on the site 118 00:07:05,900 --> 00:07:09,140 ok so if you want to go and do this they'll be a link to local bitcoins in 119 00:07:09,140 --> 00:07:12,229 the description please click it will help me out 120 00:07:12,230 --> 00:07:14,330 ok so thanks and I'll see you in the next warm