By Michael D. Borges | Crypto analyst and market commentator. Updated June 2024. How to Buy Bitcoin: A Beginner's First Purchase You can buy Bitcoin in under 10 minutes on any major exchange. The process breaks down into five steps: choose a regulated exchange, complete identity verification, deposit funds, place your order, and decide where to store your coins. This guide walks you through each step without the jargon, so your first purchase is the only hard part. Step 1:…