Where and How to Get Bitcoin

You can use a platform called Luno to buy and sell Bitcoin and Ethereum. This platform can function as a trading platform in one wallet. Luno has almost 2 million customers on their platform by time of writing. It’s headquartered in London.

To create an account you need to log into the www.luno.com platform. After doing that you have to verify your identity. The process is similar as to open a bank account. You need to enter your phone number and personal details.

It will ask you to submit documents of high – quality photos or scans of your national identity book, identity card or passport. Also, it will require proof of residence where your name, address of residency and date of issue is clearly visible.

You will be issued with a Bitcoin wallet address which will look something like this: 1ExAmpLe0FaBiTco1NADr3sSV5tsGaMF6hd. When you sign up with a Luno account your own unique Bitcoin wallet address will be given to you and will make it possible for someone to pay Bitcoins into your address – doing transactions.

Luno is not available in every country; there are, however, other platforms which you can use to sell and buy Bitcoins and other cryptocurrencies.

You can log into your website or on a mobile application to do transactions on the Luno wallet.

 

 

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