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How to buy Bitcoin

Mandatory 2FA Your own 12-word phrase 8+ partner exchanges

Buy BTC on a reputable exchange, then send it to your personal My Chain address, where it’s protected by two-factor authentication and reviewed withdrawals.

Step by step

How to buy Bitcoin right now

Create your My Chain account

Sign up, save your 12-word phrase and turn on 2FA. Then open Receive and copy your BTC address.

Buy on an exchange

Pick an exchange from our directory, verify your account there if asked, and buy BTC with your preferred payment method.

Withdraw to My Chain

Withdraw to the address you copied. Send a small test first for large amounts.

Why My Chain

Why move your Bitcoin off the exchange

Locked behind 2FA

Every sign-in needs your authenticator code, and new devices trigger an alert.

Reviewed withdrawals

Every withdrawal is checked before it leaves, so a stolen password alone isn’t enough.

Your own phrase

A standard 12-word wallet phrase you can import into Trust Wallet, Xaman and others.

Costs

Fees and limits when buying Bitcoin

Exchange fee

Charged by the exchange for the purchase and the payment method you use. Check it on their pricing page before you buy.

Network fee

Paid to the Bitcoin network when the exchange sends your BTC. It depends on how busy the network is, not on the amount.

Deposit minimum

My Chain credits BTC deposits from 0.0001 BTC. Smaller deposits may not be credited.

FAQ

Buying Bitcoin with My Chain

More answers in the full FAQ

Do I need an exchange account to buy Bitcoin?
Yes. The purchase happens on the exchange you choose; My Chain is where you keep and use your BTC afterwards.
Is My Chain a custodial wallet?
Your account balance is custodial: we secure the keys and you sign in with a password and 2FA. Separately, every account gets its own 12-word phrase for a self-custody wallet you control.
How long does it take?
Buying is usually instant on the exchange. The transfer to My Chain shows once the network confirms it, from seconds to around an hour depending on the network and how busy it is.
Can I pay with a bank card?
That depends on the exchange and your country. Most exchanges in our directory accept cards or bank transfers.

Ready to buy Bitcoin?

It takes about a minute. Your wallet phrase and 2FA are set up on the way in.

Create your account