How (and Where) to Buy Bitcoin in Spain: A Detailed Guide for Beginners

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Are you eager to buy Bitcoin and make your first cryptocurrency investment but feel overwhelmed as a beginner unsure of how and where to start?

With so much chaotic information online, it’s hard to know where to begin your Bitcoin purchase journey.

Perhaps you’re also concerned about security and want the safest way to proceed.

Don’t worry—you’re in the right place!

I’ve created this detailed beginner’s guide to buying Bitcoin to answer all your questions.

By the end, you’ll have everything you need to know about how to buy Bitcoin (and where) so you can invest easily, quickly, and securely.

Let’s get started!

First Steps to Get Started

If you’re short on time, here’s a quick summary of the steps a beginner should follow to buy Bitcoin:

1. Buying Bitcoin

The process of buying Bitcoin online involves:

  1. Choosing the Right Platform
  2. Creating & Verifying Your Account (via KYC)
  3. Depositing Funds via Card or Bank Transfer
  4. Purchasing Bitcoin
  5. Transferring Bitcoin to a Wallet (Optional)

Since there are countless platforms selling Bitcoin, I recommend focusing only on established, reputable exchanges with long track records.

This protects you from scams, fraud, security vulnerabilities, or unreliable new platforms.

Some popular options include:

| Platform | Referral Code | Bonus | Link |
|-------------|------------------|----------|---------|
| Binance | G1FKGIAP | $-10% Fees | Sign Up |
| Crypto.com | c2wr2gzajd | $25 in CRO | Sign Up |
| Kraken | N/A | Low fees | Visit |

📚 Recommended Reading:

Before purchasing, check out the Safe Cryptocurrency Buying Guide to ensure proper preparation.

Better safe than sorry.

2. Where to Store Bitcoin

After buying Bitcoin, you’ll need to decide where to store it.

You have two options:

Which should you choose?

Your decision depends on why you bought Bitcoin in the first place.

If you bought a small amount for short-term trading, keeping it on a crypto exchange is best for liquidity and lower fees.

Examples: Binance, Crypto.com.

For long-term holding, consider a Bitcoin savings account (earning interest) or a cold hardware wallet (maximum security).

👉 Highly secure hardware wallets like Ledger Nano X are ideal for long-term storage.

Table of Contents

What Is Bitcoin?

Bitcoin (BTC) is a decentralized digital currency powered by blockchain technology. Unlike traditional money, it operates without central banks or intermediaries, enabling peer-to-peer transactions.

Created in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin serves as both a digital payment system and a store of value (often called "digital gold").

📚 Learn more: Bitcoin Explained

When Should You Buy Bitcoin?

Timing your Bitcoin purchase depends on your goals:

⚠️ Warning: Trading is risky for beginners.

How to Buy Bitcoin

Via Binance

  1. Sign up using this link.
  2. Complete verification (KYC).
  3. Deposit funds via card/bank transfer.
  4. Buy Bitcoin instantly.

Fees: 0.1% trading fee, 1.8% for card purchases.

👉 Start with Binance

Via Crypto.com

  1. Register here.
  2. Verify your identity.
  3. Buy BTC with low fees (2.99% for cards).

Bonus: $25 in CRO for new users.

Where to Store Bitcoin

👉 Secure your Bitcoin with a cold wallet.

FAQs

Is Bitcoin safe?

Bitcoin is secure, but exchanges can be hacked. Use hardware wallets for large amounts.

What’s the minimum Bitcoin purchase?

Most platforms allow buying fractions (e.g., 0.0001 BTC).

Can I buy Bitcoin anonymously?

No—exchanges require KYC verification.

Final Tip: Always research platforms, enable 2FA, and never invest more than you can afford to lose.

👉 Start your Bitcoin journey today with a trusted exchange!

By following this guide, you’ll confidently navigate Bitcoin investing—whether trading short-term or holding long-term. Happy investing! 🚀