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lose them, you lose access to the bitcoin stored there. What is bitcoin? Quick guide: How to buy bitcoin in Germany Register for an account with an exchange like Bitpanda. In the USA, some banks are blocking users from buying cryptocurrency on credit. It is fast, secure and cheap. How about Nigeria,where can one buy Bitcoin and sell,is it only on localbitcoin,or any of the exchange like binance. Customer must provide a bank account number for identity verification. There are several ways to buy bitcoin with cash in Germany, including the following: Use a peer-to-peer exchange to find a seller who accepts cash. The good news is that you can definitely do this; the bad news is that only a limited number of platforms accept PayPal. It's also private, since no personal information is required in most cases, especially if trading in person or at an ATM with no verification. Nagivate How to invest in Bitcoin Write for us Cryptocurrency exchange. There should be a drop-down menu where you can click "Settings". Before using any service, it is a good idea to look for reviews and feedback from previous customers. But when dealing with any amount of money or trade it's best to be safe.