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How to Buy Bitcoin Instantly on PaxfulHow to Buy Bitcoin (BTC) � Create a free account on the Uphold website or app and verify your identity. � Choose your payment method and connect your Uphold. Buying bitcoin from a centralized cryptocurrency exchange � Visit a cryptocurrency exchange website. � Create an account and verify your identity as required. How To Buy Bitcoin � Step 1: Choose a Crypto-Trading Service or Venue � Step 2: Connect Your Exchange to a Payment Option � Step 3: Place an Order � Step 4: Safe.