As part of the verification process, you linked a physical bank account to your cryptocurrency wallet. To buy, let’s say Bitcoin, for instance, select “Bitcoin,” and choose the fiat currency amount that you would like to purchase. Once you click “Buy Bitcoin,” it will show the amount of its fiat currency and its conversion to Bitcoin (see Figure 5).

Figure 5

Funds may be debited immediately or within up to three business days, depending on the method. Once your purchase goes through, funds are available for trade immediately; however, it will take up to 14 days to withdraw them. As soon as you purchase Bitcoin, the address will be available to you and will look similar to 1B2S4Nf8jD3fshHodzuYhframoQsQaZEcZ. This address is recorded on the blockchain and is what creates a transaction of that value.


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