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Buying cryptocurrency
Buying cryptocurrency
Get the basics on buying BTC, BCH, ETH and other cryptocurrencies in the app
Farhan avatar
Written by Farhan
Updated over a week ago

Summary

If you're in a supported region, the easiest way to buy cryptocurrencies and other digital assets in your local currency is from within the app. Simply tap on the BUY button for the cryptoasset you want to buy (BTC, ETH, or VERSE) and follow the instructions.

Table of contents

Buying cryptocurrency

  1. Select the cryptoasset you wish to purchase. For example, Bitcoin (BTC), Ethereum (ETH), Verse (VERSE) and tap the "Buy" button.

  2. Follow the on-screen instructions to choose your preferred wallet for depositing. The Bitcoin.com Wallet actually consists of separate wallets for each cryptoasset we support (eg. BTC, ETH, VERSE). Additionally, you can make as many individual wallets as you want, a feature that can help you to organize your funds. For example, you can make one Bitcoin wallet called My BTC Savings and another Bitcoin wallet called Everyday BTC Spending.

  3. If it's your first purchase, enter your credit card or other payment method information and verify your identity.

  4. Once complete, your purchase will proceed.

Here is an instructional video using a debit/credit card:

How long does it take to receive my crypto after buying?

Cryptocurrency is released once verification checks have been completed. For first time transactions, this can take between a few minutes and a few hours, depending on the additional verification that may be required.

Most subsequent transactions will be processed within about 20 minutes, but occasionally, during periods of congestion, it may take longer.

What are the supported payment methods?

Visa/Mastercard credit/debit cards and Apple Pay are supported for all regions. Residents of the UK and EU can also pay by bank transfer.

What the supported countries for buying?

Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Ghana, Greece, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Kuwait, Latvia, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, United Kingdom, United States of America (not including: Hawaii New York, Rhode Island, American Samoa, Guam, Northern Mariana Islands, US Virgin Islands), Venezuela, Vietnam.

What if I can't buy crypto in the app?

If you're unable to buy cryptocurrencies within the app, there are other options! Please refer to this article, which guides you through the different ways to buy digital assets, including each method's pros and cons.

Now that I have crypto, what can I do?

  • Swap: Once you have some crypto in your wallet, you can swap between hundreds of cryptoassets in the app. Check out this article to get started.

  • Yield Farm: Earn rewards by depositing specific assets into Verse DEX, which is currently offering over 80% APY on this strategy. Start now! How to yield farm.

  • Buy an NFT: Explore and own a piece of blockchain art. Learn how to buy an NFT.

  • Lend or borrow: Lend your cryptoassets to earn yield or as collateral with this article, or borrow cryptoassets with this article.

  • Trade derivatives: Trade derivatives such as perpetual futures to express your belief that available crypto assets will go up or down. Find out how to use derivatives in DeFi.

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