WEBVTT 00:00:00.000 --> 00:00:03.000 today I'm going to show you how you can buy bitcoins with your debit card 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 00:00:07.859 --> 00:00:11.280 well watch this video I'm going to show you how simple actually is to buy 00:00:11.280 --> 00:00:15.120 bitcoins now the website we're going to be using is called a local bitcoins . 00:00:15.120 --> 00:00:15.899 com 00:00:15.900 --> 00:00:19.529 now there's a bit of a misconception when buying bitcoins and I fought it too 00:00:19.529 --> 00:00:24.390 but basically people think that's really complicated to buy bitcoins and you have 00:00:24.390 --> 00:00:26.670 to do all sorts of verifications 00:00:26.670 --> 00:00:30.869 and while that computer on some websites are novices just simply not true 00:00:30.869 --> 00:00:34.110 so watch this video I'm going to make it really clear now 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 00:00:38.100 --> 00:00:41.100 buy bitcoins with paypal you want to click on the link in the description 00:00:41.640 --> 00:00:45.660 I'm just gonna take you to that video but buying with paypal has really high 00:00:45.660 --> 00:00:49.709 rate so you're going to have to pay something like twenty percent in fees 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 00:00:53.699 --> 00:00:56.910 link in the description and it's going to take you to local bitcoins 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 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 00:01:05.400 --> 00:01:07.560 made a new account to show you what it's going to look like 00:01:07.560 --> 00:01:11.700 so you going to need to verify your email so that's pretty simple go verify 00:01:11.700 --> 00:01:15.240 the email that you vented you're going to have to add your phone number 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 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 00:01:23.250 --> 00:01:24.509 verification 00:01:24.509 --> 00:01:27.720 now when should the email and your phone obviously them two are going to say yes 00:01:27.720 --> 00:01:31.798 but to actually trade you're going to need to verify your identity 00:01:32.700 --> 00:01:35.610 now it's really not hard using this software and you can do it within about 00:01:35.610 --> 00:01:43.200 five minutes so you just want to click verify identity here and it's going to 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 00:01:47.579 --> 00:01:51.119 use your passport or you driving license if we click start here 00:01:51.119 --> 00:01:54.390 it's going to tell us we can use our passport identity card or driving 00:01:54.390 --> 00:01:58.649 license so you want to get any of them ready and then follow the instructions 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 00:02:03.540 --> 00:02:07.770 local bitcoins and the software is going to scan it to see if it's real 00:02:07.770 --> 00:02:11.940 there's no human verification is simply the software that does the work 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 00:02:15.870 --> 00:02:17.640 want to come back to the video 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 00:02:20.610 --> 00:02:22.800 the buying process goes down 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 00:02:26.700 --> 00:02:30.899 on quick by by default now the easiest and most cost efficient way to buy 00:02:30.900 --> 00:02:34.410 bitcoins is by national bank transfer 00:02:34.410 --> 00:02:37.890 i'm in the UK so obviously i'm going to be buying from the UK 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 00:02:42.150 --> 00:02:43.680 going to click search here 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 00:02:47.850 --> 00:02:49.290 price they are silent up 00:02:49.290 --> 00:02:53.310 now here is the price per bitcoin the lower this number the lower the amount 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 00:02:57.300 --> 00:03:02.910 they have limits so 120 100 150 and so on down here 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 00:03:07.350 --> 00:03:11.460 now this person says that your real name and identity must be verified by local 00:03:11.460 --> 00:03:15.870 Bitcoin which you should have already done and he says he may ask types of 00:03:15.870 --> 00:03:18.420 verification to protect us both 00:03:18.420 --> 00:03:22.170 this is probably going to be a selfie with your passport or some fit well 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 00:03:24.570 --> 00:03:26.250 to go to the next best person 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 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 00:03:36.540 --> 00:03:38.250 he's not gonna have to try someone else 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 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 00:03:47.840 --> 00:03:53.120 then I can't trade with you and we should already be verified for ID and 00:03:53.120 --> 00:03:56.600 that's pretty much all of the terms he house 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 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 00:04:04.520 --> 00:04:05.930 get in Bitcoin here 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 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 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 00:04:21.380 --> 00:04:25.100 i'm going to get 14 pounds and sevenpence which isn't too about that's 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 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 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 00:04:37.970 --> 00:04:40.130 looking to trade 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 00:04:46.850 --> 00:04:47.419 this 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 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 00:04:55.970 --> 00:04:59.720 probably noticed already have I'm not gonna reel any of this guy's personal 00:04:59.720 --> 00:05:01.250 information there 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 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 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 00:05:14.270 --> 00:05:18.799 here he says please remember don't use the Bitcoin or anything to do with 00:05:18.800 --> 00:05:23.300 Bitcoin use the reference in the right hand side which is here which I'm just 00:05:23.300 --> 00:05:23.929 going to copy 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 00:05:29.990 --> 00:05:32.300 I'm just going to recheck all of the information 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 00:05:35.720 --> 00:05:37.250 on my bank account 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 00:05:42.950 --> 00:05:45.440 says here the seller has been notified 00:05:45.440 --> 00:05:47.600 i'm just going to write a message saying 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 00:05:53.600 --> 00:05:57.590 transactions were made and released the bitcoins now you covered by astro which 00:05:57.590 --> 00:06:01.760 basically means the local bitcoins are going to hold the Bitcoin until the 00:06:01.760 --> 00:06:04.909 seller marks that has released and if there's any problems they have the 00:06:04.910 --> 00:06:07.700 bitcoins and you can sort it out from there 00:06:07.700 --> 00:06:10.400 but if you deal with someone with good feedback then you're not going to have 00:06:10.400 --> 00:06:13.609 any problems and i'm pretty confident that this deal is going to go through 00:06:13.610 --> 00:06:15.950 smoothly and now I say great stuff 00:06:15.950 --> 00:06:19.550 all done for you thank you for that i was going to release the money into 00:06:19.550 --> 00:06:20.570 escrow in a minute 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 00:06:24.950 --> 00:06:26.840 everything is done successfully 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 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 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 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 00:06:43.880 --> 00:06:44.600 wallet 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 00:06:48.230 --> 00:06:51.680 hope they demonstrated this in a way that you can understand 00:06:51.680 --> 00:06:55.100 I did after blur information now obviously but I hope you can understand 00:06:55.100 --> 00:06:58.130 the process and understand that it's not that hard 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 00:07:01.910 --> 00:07:05.900 is make sure your ID verified on the site 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 00:07:09.140 --> 00:07:12.229 the description please click it will help me out 00:07:12.230 --> 00:07:14.330 ok so thanks and I'll see you in the next warm