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This thread is meant to get you aquainted with the basics of bitcoin and help you aquire the subscription using your own bitcoin wallet with adjustable transaction fees, which means that you won't have anyone in the middle of your transactions (nobody to delay your payment) and will allow you to save money (you can adjust your own fee depending on how urgent you need the payment to be processed). Current tutorial is divided into following steps:

  • Setting up your bitcoin wallet
  • Buying bitcoins via LocalBitcoins.com

Setting up your bitcoin wallet (if you decide to use services which don't provide a wallet upon registration)

While there are for sure a number of free wallets available in the internet which vary in the number of features and ways you can personalize your bitcoin wallet, I assume this guide will mostly be read by those who are new to whole bitcoin thing and want a quick and relatively easy way to obtain a subscription. For this purpose we will be using a free web bitcoin wallet provided by https://blockchain.info/. This service is proven to be extremely safe and reliable if you look for a wallet to receive and spend small amount of bitcoins here and there (which is what we are going to do).

  1. Go to the https://blockchain.info/ website and click "Get a free wallet. enter image description here
  2. Enter your credentials and click "Continue". You will use an ID generated automatically and sent to your email in order to login. Your email address will only be used as a confirmation measure when trying to make changes to your account or trying to access the wallet from unusual location. enter image description here
  3. Click "Request" button under "Be your own bank category" in order to open a menu containing your bitcoin wallet address. enter image description here
  4. Press "Copy" button near your bitcoin address. Always copy&paste and check bitcoin addresses you receive money on or send money to, remember that they are case-sensitive. enter image description here
  5. When using currency exchange services to buy bitcoins, just paste your bitcoin address as a recipient and you'll receive your bitcoins directly on your wallet avoiding third-party services which force you to use wallets linked to their system. Tip 1: list of some other bitcoin wallets depending on your need.

Buying bitcoins via LocalBitcoins.com

There is a variety of ways to obtain bitcoins. Automated exchanges as well as thousands of sellers worldwide are there to offer you their services. Our goal in this guide is to find and use the easiest to use, the cheapest in terms of fees and the least regulated one (to prevent possible payment delays associated with cases when bank institutions interfere in your bitcoin aquisition process). Here we take LocalBitcoins.com as our service of choice. Keep in mind that your LocalBitcoins account will also serve as a bitcoin wallet, so you can simply send money from your LocalBitcoin account to our checkout system in order to aquire subscription.

  1. Go to the http://localbitcoins.com and click "Sign up free" button. enter image description here
  2. Enter your credentials and click "Register". enter image description here
  3. You'll be automatically redirected to the main page of the website: (1): choose the country you live in if it is not set correctly automatically; (2): choose the payment method you're willing to buy bitcoins with (in this example we'll be using Paypal); (Tip 2): you might also want to check "ID not required" if you don't want to submit additional documents. It will usually mean higher trade rates but you save some time and privacy. enter image description here
  4. You'll be given a list of all sellers which fit your request: (1): this range indicates the minimum and the maximum value of purchase (equivalent in selected currency; in this example EUR); (2): pick the one that suits you (you need somewhere around 16EUR to buy subscription (including transaction fees)) and press "Buy". ID required (refer to Tip 2): enter image description here ID not required (refer to Tip 2): enter image description here
  5. You'll be redirected to the trade page: (1): this is the rate of your selected currency to 1 BTC. It will directly affect how much money you're going to pay to get the amount of bitcoins you've set; (2): this is the minimum value of your bitcoins equivalent to your selected currency that the trader is willing to sell. You cannot buy less than this amount. After you press "Send trade request" you're going to start the chat with the seller. He will provide you with all needed information in order for the trade to be successful (e.g. if you've chosen Paypal as the service then the seller will need to provide his Paypal account to send money to). enter image description here
  6. After your trade is complete and your bitcoins have successfully arrived to the wallet (might take a little while), go to the "Wallet" menu. enter image description here
  7. You'll be automatically redirected to "Send bitcoins" menu: (1): this is the bitcoin address you want to send your bitcoins to. If you want to buy a subscription, paste an address provided by our system upon checkout; (2): this is the amount of bitcoins you're willing to send. If you want to buy a subscription, send an exact amount of bitcoins which is requested by our system in checkout; (3): press "Continue" when you're ready to send money. After pressing "Continue" you're redirected to the confirmation page where the exact amount of bitcoins you're willing to send as well as the receiver's bitcoin address are displayed. Check carefully for any mistakes as you bitcoin transactions are irreversible. Now enter your password and press "Send from wallet". From the moment your bitcoins are sent, transaction will be usually complete within 1-3 hours. enter image description here Tip 3: [list of some other bitcoin exchanges].(https://bitcoin.org/en/exchanges)

IMPORTANT INFORMATION:

  1. Keep in mind that you need to buy a little bit more bitcoins in order to be able to pay the transaction fee. Payments with low or no transaction fee will take additional time to process (they may take 12 hours or more). Fees are usually calculated in satoshis per byte, approximate time of transaction confirmation depending on the fee can be checked on https://bitcoinfees.earn.com/. This is not something you have to really care about if you don't care about spending an extra dollar though.
  2. ALWAYS make sure that you've sent an exact amount of money our system requires you to send. If you send less - you will not be given a subscription, your transaction request will eventually run out (remaining time is shown on checkout page) and you will simply waste money as a result, if you send more - it will serve as a donation.