Learn how to buy Bitcoin online easily, safely and legally.
Advisory: Bitcoin and Cryptocurrencies are not legal tender in Jamaica.
To get an idea of local sentiment towards cryptocurrencies, please read this article by the Jamaica Observer, one of our national newspapers:
BOJ advises public against Bitcoin and Cryptocurrencies —
Money backed by the internet, not the government
Wednesday, February 07, 2018
How to Buy Bitcoin and Cryptocurrency?
There are many ways to purchase Bitcoins and other Cryptocurrencies online. Using credit cards will attract the highest fees.
*You must setup a Bitcoin Wallet first before purchasing.
Buy Bitcoin with Credit Card
Depending on which service you choose, buying Bitcoin with a Credit Card can take anywhere from 15mins to 2hrs and may attract high fees.
Educational video, how to buy Bitcoin with a credit card using Changelly.
Source: David J Woodbury
Preferred & Tested Services
Buy Bitcoin with PayPal or Bank Wire
Depending on which service you choose, buying Bitcoin with PayPal can take some time (30mins – 1hr) and may attract high fees.
Here’s an educational video explaining how to buy Bitcoin with PayPal using Virwox.
Source: DeWayne Sconiers
Preferred & Tested Services
Buy Bitcoin with Peer-to-Peer Services
With peer-to-peer services you can buy Bitcoin (or other cryptocurrencies) with cash deposits or popular gift cards like Amazon, Target and Walmart.
Depending on which service you choose, buying Bitcoin with a peer-to-peer service can take some time (sometimes days) and may attract high fees. This is the riskiest way to buy cryptocurrencies, be sure to use a service that provides escrow.
Here’s an educational video with tips about buying Bitcoin with using Paxful.
Source: WeTheCryptos
Preferred & Tested Services
Need more help?
Ask or comment in the Beachfront Crypto Forum, members and staff will be more than happy to explain further.
