This guide will teach you on how to buy bitcoin and altcoin in UAE so let’s start. Please note that this is NOT a financial advice and you should always do your own research before investing. I am not associated with Bitoaisis in anyway and this guide is for educational purpose only.
First of all, you need to visit https://bitoasis.net and register for an account by following the steps below:
Enter your details as shown in the following picture and click on signup:
Bitoaisis will send you a confirmation code on your email address so check your inbox and enter the code as shown below and click “Send”:
Now enter your working phone number and click on “Add a phone”:
Enter the 8-digit confirmation code received in SMS on your phone then click on the check box to agree the terms and click “Confirm phone number” button:
Congrats now you have your own online wallet to keep your bitcoin. To purchase bitcoin click on the Buy Bitcoin tab:
Now you need to enter your bank details which are required for purchase and withdrawal. Click on the bank details link:
Enter the bank details as shown and click save. The Bitoaisis team will now verify your details manually so it can take up to a week till your account is verified:
Once your account is verified you will receive email confirmation and then you can deposit money for purchasing bitcoin. Enter the amount you want to deposit then select a payment method, I usually select the credit / debit card option but you can do money transfer optionally. For this guide we will focus on the debit card option. Now click next:
Now click proceed with payment.
Enter your credit card / debit card details and click Pay now.
Now click on buy bitcoin as shown below and enter the voucher amount that you just purchased. Click buy bitcoin and your transaction will be processed.
It takes about 1 to 2 hours for your bitcoin to show up in your wallet which is normal. Once your bitcoins are deposited in your wallet you will receive an email confirmation. You can also track your transactions in My Wallet.
For guide on how to buy other currencies proceed to part 2 of this guide by clicking here.
I hope you liked my guide and please upvote it if you did.
If you want to purchase a hardware wallet to store your digital currencies i would recommend you to buy a Ledger S Nano because it can hold alot of coins including bitcoin ethereum and ripple. The whole list can be found on their website.