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    today I'm going to show you how you can
    buy bitcoins with your debit card
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    ok so you want to buy bitcoins but
    you're not sure on how you can do it
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    well watch this video I'm going to show
    you how simple actually is to buy
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    bitcoins now the website we're going to
    be using is called a local bitcoins .
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    com
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    now there's a bit of a misconception
    when buying bitcoins and I fought it too
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    but basically people think that's really
    complicated to buy bitcoins and you have
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    to do all sorts of verifications
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    and while that computer on some websites
    are novices just simply not true
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    so watch this video I'm going to make it
    really clear now
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    just a note this is buying bitcoins with
    a debit or credit card if you want to
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    buy bitcoins with paypal you want to
    click on the link in the description
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    I'm just gonna take you to that video
    but buying with paypal has really high
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    rate so you're going to have to pay
    something like twenty percent in fees
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    so here we go buying bitcoins with your
    debit card so you want to click on the
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    link in the description and it's going
    to take you to local bitcoins
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    I'm from here you want to make an
    account now once you've made an account
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    you going to come to this page you want
    to go to your edit profile and I've just
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    made a new account to show you what it's
    going to look like
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    so you going to need to verify your
    email so that's pretty simple go verify
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    the email that you vented you're going
    to have to add your phone number
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    need to set a real name make sure that
    that name is the same on your card
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    make sure you set your time zone here
    and if we scroll down here here's the
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    verification
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    now when should the email and your phone
    obviously them two are going to say yes
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    but to actually trade you're going to
    need to verify your identity
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    now it's really not hard using this
    software and you can do it within about
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    five minutes so you just want to click
    verify identity here and it's going to
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    take you through the process on doing it
    now you just need a valid ID so you can
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    use your passport or you driving license
    if we click start here
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    it's going to tell us we can use our
    passport identity card or driving
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    license so you want to get any of them
    ready and then follow the instructions
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    on screen all you simply have to do is
    take a picture of it and upload it to
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    local bitcoins and the software is going
    to scan it to see if it's real
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    there's no human verification is simply
    the software that does the work
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    ok so this is going to take around five
    minutes and once you've done that you
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    want to come back to the video
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    ok so now i'm logged in to my actual
    account where i'm going to show you how
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    the buying process goes down
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    so when you first see it you're going to
    see quick bio quick so it's going to be
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    on quick by by default now the easiest
    and most cost efficient way to buy
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    bitcoins is by national bank transfer
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    i'm in the UK so obviously i'm going to
    be buying from the UK
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    maybe from the US or anywhere else is
    going to be your country and then we're
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    going to click search here
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    I'm now we're going to see all of the
    people that are selling Bitcoin and what
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    price they are silent up
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    now here is the price per bitcoin the
    lower this number the lower the amount
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    of money you are going to pay for a
    Bitcoin there but as you can see here
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    they have limits so 120 100 150 and so
    on down here
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    now this guy has a five pound limit so
    I'm just going to click on this person
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    now this person says that your real name
    and identity must be verified by local
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    Bitcoin which you should have already
    done and he says he may ask types of
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    verification to protect us both
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    this is probably going to be a selfie
    with your passport or some fit well
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    because i'm making a video i don't
    really have time for that so we're going
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    to go to the next best person
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    ok so the next best person here is rob
    he's got a yellow light and he was last
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    seen 15 minutes ago so I'm just going to
    try and see if he is available now if
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    he's not gonna have to try someone else
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    so you want to click on his list in here
    or anyone's list in the you wanna buy
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    and it's going to show you the terms of
    trade if your profile doesn't show ID
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    then I can't trade with you and we
    should already be verified for ID and
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    that's pretty much all of the terms he
    house
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    so now we can check how much we want to
    buy so in my case i want to buy around
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    15 pounds with a friend to 15 pounds is
    going to tell us how much we're going to
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    get in Bitcoin here
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    this number can just copy and then I can
    go to prove . com and change it to a
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    great british pound and now i can paste
    in this number is going to tell us how
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    much we're going to get so for example
    i'm going to spend 15 pounds here and
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    i'm going to get 14 pounds and
    sevenpence which isn't too about that's
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    acceptable of what i'm actually going to
    do is put this up to 16 pounds in step
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    and then you just want to simply send a
    trade request like I'm gonna do now
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    I now you can go ahead and contact the
    person so I'm just going to put hi
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    looking to trade
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    i'm going to click send I now just got
    to wait for him to come online and see
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    this
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    so I'm going to be back when he's online
    ok so now as you can see we have to wait
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    a while boys send a message back here
    i'm going to blow everything out you've
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    probably noticed already have I'm not
    gonna reel any of this guy's personal
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    information there
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    neither am i going to reveal any of mine
    so here is give me his account name his
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    account number on his sort code which
    i'm going to copy and to my bank and
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    send the money so I'm just going to go
    and do that now and then as you can say
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    here he says please remember don't use
    the Bitcoin or anything to do with
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    Bitcoin use the reference in the right
    hand side which is here which I'm just
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    going to copy
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    i'm going to paste this in the reference
    box and put the amount to 16 pounds and
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    I'm just going to recheck all of the
    information
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    ok so as you can see here it says my
    payment has been processed the this is
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    on my bank account
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    I'm not going to go and go down to here
    and Mark the payment is complete and it
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    says here the seller has been notified
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    i'm just going to write a message saying
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    sent and then click send now I'm just
    going to wait for this guy to see the
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    transactions were made and released the
    bitcoins now you covered by astro which
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    basically means the local bitcoins are
    going to hold the Bitcoin until the
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    seller marks that has released and if
    there's any problems they have the
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    bitcoins and you can sort it out from
    there
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    but if you deal with someone with good
    feedback then you're not going to have
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    any problems and i'm pretty confident
    that this deal is going to go through
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    smoothly and now I say great stuff
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    all done for you thank you for that i
    was going to release the money into
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    escrow in a minute
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    as you can see up here it says zero in a
    minute I'm not being there means that
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    everything is done successfully
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    I'm going to check this message here and
    it's just that his gave us good feedback
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    now I've opened up a new top as you can
    see we have a Bitcoin in our wallet here
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    and here is the Bitcoin here and we can
    go ahead and send this to our normal
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    wallet that we would use I use electrum
    so i could just going to send that to my
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    wallet
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    ok so that's how you do it that's how
    you buy bitcoins with local bitcoins
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    hope they demonstrated this in a way
    that you can understand
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    I did after blur information now
    obviously but I hope you can understand
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    the process and understand that it's not
    that hard
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    I'm not as difficult as some people make
    it out to be all you really need to do
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    is make sure your ID verified on the
    site
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    ok so if you want to go and do this
    they'll be a link to local bitcoins in
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    the description please click it will
    help me out
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    ok so thanks and I'll see you in the
    next warm
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Sandbox
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Video Language:
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Duration:
01:46:39
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