How To Buy Bitcoin (BTC) in Xverse Wallet: 4 Easy Steps
Understand the basics of the Bitcoin blockchain and how to transfer or purchase BTC in your Xverse wallet.
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Interested in exploring Web3 on Bitcoin? Whether you’re looking to lend assets on DeFi protocols, inscribe Ordinals or mint Bitcoin NFTs on marketplaces, Xverse is your one-stop shop for the expansive Bitcoin ecosystem.
What is Bitcoin (BTC)?
Bitcoin is a peer-to-peer electronic cash system, created by a psydonymous person(s) by the name of Satoshi Nakamoto. Satoshi published the Bitcoin white paper in 2008, outlining the world's first blockchain. The Bitcoin blockchain is an electronic ledger that is decentralized (not involving companies, governments or banks), borderless, and scarce. There will only ever be a total 21 million Bitcoin mined, so it cannot be manipulated or inflated. Bitcoin's cryptocurrency is "BTC" and maintains the largest market by trading volume out of any cryptocurrency.
How Do I Buy Bitcoin (BTC) in Xverse wallet?
The easiest way to purchase BTC is through "fiat" (government currencies like USD) onramp services. Xverse allows users to purchase both Bitcoin directly in its secure app with fiat onramp services like Binance. Both fiat onramp providers offer incredibly flexible payment options, allowing users to use debit or credit cards, Apple, Google, and Samsung Pay apps, or even a bank transfer to purchase STX and BTC. Purchasing STX through Xverse is as simple as ordering a shirt online – it really is that simple, and secure.
To get started, download Xverse wallet, available on iOS, Android on mobile and Chrome browser extension. You can now purchase desired crypto directly in your Xverse wallet home screen.
- On the app, tap on the “Buy” icon and select BTC. Then select which fiat onramp exchange you’d like to use: Moonpay, Binance or Transak
- Enter the amount of fiat currency and BTC you wish to buy
- Enter your Xverse wallet receive address and verify your information and email
- Now, you can purchase BTC with your preferred payment method, including a credit card.
That's it! You're now ready to take on Bitcoin web3. Remember, Xverse is a non-custodial wallet, meaning you have 100% control of your funds at all times. It's essential to stay vigilant and backup your secret recovery phrase.
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