bitFlyer exchange app novice coin buying graphic tutorial

To buy cryptocurrency on bitFlyer, complete the steps of account creation, verification, funding, cryptocurrency selection, purchase amount entry, purchase confirmation, and cryptocurrency monitoring.

Oct 07, 2024 at 06:59 am

bitFlyer Exchange App: A Step-by-Step Guide to Buying Cryptocurrency

Step 1: Create an Account

• Download the bitFlyer mobile app from the App Store or Google Play.
• Tap "Create a New Account" and follow the on-screen instructions.
• Provide your email address, create a password, and accept the terms of service.

Step 2: Verify Your Account

• Verify your email address by clicking the link in the confirmation email.
• Provide personal identification documents, such as a passport or driver's license, for identity verification.
• Typically, account verification takes a few hours.

Step 3: Fund Your Account

• Tap "Deposit" and select your desired deposit method.
• Bank transfer: Link your bank account and initiate a deposit.
• Credit/Debit card: Enter your card details and make a purchase.
• Cryptocurrency: Send cryptocurrency from an external wallet.

Step 4: Select a Cryptocurrency

• Tap "Buy" and select the cryptocurrency you wish to purchase.
• You can choose from major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).

Step 5: Enter the Purchase Amount

• Specify the amount of cryptocurrency you want to buy in Japanese yen (JPY).
• You can manually enter the amount or use the suggested amounts.

Step 6: Review and Confirm Purchase

• Review the purchase details, including the price, amount, and fees.
• Tap "Confirm" to complete the transaction.

Step 7: Monitor Your Cryptocurrency

• Your purchased cryptocurrency will be deposited into your bitFlyer wallet.
• Tap "Wallet" to view your balance and transaction history.
• You can sell or withdraw your cryptocurrency at any time.

Additional Notes:

• Trading fees may apply to cryptocurrency purchases and sales.
• The availability of deposit methods and supported cryptocurrencies may vary based on your location.
• It's recommended to keep your cryptocurrency in a hardware wallet for enhanced security.