How to buy Bitcoin on Xoibit
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You can buy Bitcoin (BTC) on Xoibit in up to four ways: on the spot order book, with Buy crypto, with Convert, or from another user on P2P. Which ones you see depends on what is available on your account and in your country.
Which way should I choose?
- Spot trading: you already have a coin such as USDT and want to choose your own price, or see the live order book.
- Buy crypto: you want to pay with fiat money (card, bank deposit or your fiat balance) and get a simple quote.
- Convert: you already hold another coin and want to swap it for BTC in one step, without using the order book.
- P2P: you want to pay another user directly with a local payment method they accept.
Before you start
- Create an account and log in. See how to create an account.
- Add funds: deposit crypto such as USDT, or deposit fiat if it is offered for your currency.
- Turn on 2FA in Security. You need verification codes later to withdraw.
Buy Bitcoin on the spot market
- Open Markets and choose a BTC pair, for example BTC/USDT.
- In the order form choose Buy, then Limit (your price) or Market (the best available price now).
- Enter the amount of BTC, or for a market order the total you want to spend.
- Place the order. Bought BTC goes to your Spot wallet.
Read how to place a limit order and what a market order is for the details.
Buy Bitcoin with Buy crypto
Open Buy crypto, choose your fiat currency, BTC and the amount, pick a payment method and accept the quote. The quote shows the rate and the fee before you pay. See how to buy crypto with a card.
Buy Bitcoin with Convert
Open Convert, choose the coin you have and BTC, enter the amount and accept the live quote. You can also set a limit rate. See how to convert crypto.
Buy Bitcoin on P2P
On P2P you pick a seller's ad, pay the seller with a payment method from the ad, and the seller releases the crypto to your Funding wallet. P2P ads may list USDT or other coins rather than BTC. See how to buy USDT on P2P.
The payment methods, coins and pairs you see depend on what Xoibit offers for your account and currency. Fees and limits are set by Xoibit and are always shown on the page before you confirm.
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What is the cheapest way to buy Bitcoin?
It depends on the fees set for each method and pair. Spot trading shows the maker and taker fee on the trading page, and Buy crypto and Convert show the fee in the quote, so compare them before you confirm.
Where is my Bitcoin after I buy it?
Spot trades go to your Spot wallet and P2P purchases go to your Funding wallet. With Buy crypto and Convert you choose the wallet on the form. You can see all of them in Wallet.
Can I buy a part of a Bitcoin?
Yes. You can buy any amount above the minimum order size for the pair or method, which is shown on the page.