{"id":13355,"date":"2023-05-15T21:07:48","date_gmt":"2023-05-15T21:07:48","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=13355"},"modified":"2022-06-30T23:09:21","modified_gmt":"2022-06-30T23:09:21","slug":"how-to-buy-cryptocurrencies-in-madrid","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-cryptocurrencies-in-madrid","title":{"rendered":"How to buy cryptocurrencies in Madrid?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-cryptocurrencies-in-madrid\/#how_to_buy_cryptocurrencies_in_bitnovo_online\" >How to buy cryptocurrencies in Bitnovo online?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-cryptocurrencies-in-madrid\/#buying_cryptocurrencies_physically_in_madrid\" >Buying cryptocurrencies physically in Madrid<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-cryptocurrencies-in-madrid\/#what_should_you_know_before_buying_cryptocurrencies\" >What should you know before buying cryptocurrencies?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-cryptocurrencies-in-madrid\/#what_is_a_wallet\" >What is a wallet?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-cryptocurrencies-in-madrid\/#share_your_wallet_address\" >Share your wallet address<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>In the economy of the last few years the use of cryptocurrencies has increased significantly and more and more users are interested in buying them, loot them or simply make use of them, however, due to\u00a0<strong>misinformation<\/strong>\u00a0many of them are unable to buy them, either due to lack of knowledge or the idea that it is a rather\u00a0<strong>complicated<\/strong>\u00a0process. However, the process of buying cryptocurrencies, including Bitcoin, is really\u00a0<strong>simple<\/strong>. In this article we will tell you how to buy Bitcoin and other cryptocurrencies in\u00a0<strong>Madrid<\/strong>.<\/p>\n<p>It should be noted that the purchase of cryptocurrencies does not have to be\u00a0<strong>affected<\/strong>\u00a0by the user\u2019s location, since the user can purchase them\u00a0<strong>online<\/strong>. Below we will look at both online and\u00a0<strong>physical purchasing processes through Bitnovo<\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"how_to_buy_cryptocurrencies_in_bitnovo_online\"><\/span><strong>How to buy cryptocurrencies in Bitnovo online?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In case you want to buy cryptocurrencies with Bitnovo online the\u00a0<strong>process<\/strong>\u00a0is very\u00a0<strong>simple<\/strong>, we will explain it below:<\/p>\n<ul>\n<li aria-level=\"1\">The first step is to\u00a0<strong>go to Bitnovo\u2019s official website<\/strong>\u00a0and select the option to buy cryptocurrencies. You can go directly from this\u00a0<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/bitcoin\/\">link<\/a>.<\/li>\n<li>When we have entered the purchase page, we will have to select the amount of\u00a0<strong>euros<\/strong>\u00a0we want to convert into cryptocurrencies, the cryptocurrency we want to buy and click on the \u201c<strong>buy<\/strong>\u201d button.<\/li>\n<li>Then we must\u00a0<strong>enter the following requested data<\/strong>: our wallet address where we want to send our cryptocurrencies, our phone number, an e-mail and of course, the payment method (card, bank transfer or other cryptocurrencies).<\/li>\n<li>Finally, we must<strong>\u00a0perform the identity verification, also called KYC<\/strong>, which is required by the government to combat money laundering in banking, financial and stock market activities. It is a very simple process that can be completed in minutes. Once this quick process is approved, the cryptocurrencies will arrive in our wallet shortly.<\/li>\n<\/ul>\n<p>If you still don\u2019t know what a\u00a0<strong>wallet<\/strong>\u00a0is, we will explain it later.<\/p>\n<p>This would be the\u00a0<strong>online purchase<\/strong>\u00a0process that can be done both to buy cryptocurrencies in Madrid and from anywhere, since for this we only need a device with\u00a0<strong>internet access<\/strong>.<\/p>\n<p>This process has a great\u00a0<strong>advantage<\/strong>\u00a0and is that you do\u00a0<strong>not need to move<\/strong>\u00a0and in addition to buying by card, you can also buy\u00a0<strong>by\u00a0bank transfer<\/strong>.<\/p>\n<div id=\"image_403489778\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C%C3%B3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid3.jpeg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid3.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid3-300x205.jpeg 300w\" alt=\"C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid3.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid3-300x205.jpeg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid3.jpeg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"buying_cryptocurrencies_physically_in_madrid\"><\/span><strong>Buying cryptocurrencies physically in Madrid<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you are in\u00a0<strong>Madrid<\/strong>\u00a0and want to buy cryptocurrencies physically, either\u00a0<strong>paying in cash or by card<\/strong>, Bitnovo has ensured that you can do it from almost any location. You just need to be near a\u00a0<strong>Fnac store, Worten<\/strong>\u00a0or any of the more than\u00a0<strong>40,000 Bitnovo associated points<\/strong>\u00a0of sale.<\/p>\n<p>&nbsp;<\/p>\n<p>There you can buy our cryptocurrency coupons. This is a very\u00a0<strong>simple<\/strong>\u00a0way to exchange your euros for cryptocurrencies, since you only have to buy the\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/this-christmas-give-cryptocurrencies-with-bitnovo-gift-cards\/\">coupon<\/a>\u00a0and then\u00a0<strong>redeem<\/strong>\u00a0it on our website or app. This process is very similar to when we buy a\u00a0<strong>Netflix or Spotify<\/strong>\u00a0gift card.<\/p>\n<p>To understand it better, I will explain the process step by step:<\/p>\n<ul>\n<li aria-level=\"1\">First you must go to the\u00a0<strong>store<\/strong>\u00a0closest to your location (you can find it on the\u00a0<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/cash\/\">map<\/a>\u00a0on our website or app). For example, you can access the\u00a0<strong>Fnac<\/strong>\u00a0located at Calle Preciados 28.<\/li>\n<li aria-level=\"1\">The second step is to\u00a0<strong>order a\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/this-christmas-give-cryptocurrencies-with-bitnovo-gift-cards\/\">Bitnovo voucher<\/a><\/strong>\u00a0for the amount in euros that you want (they can be from 25, 50, 100, 250 or 500 euros).<\/li>\n<li aria-level=\"1\">To purchase,\u00a0<strong>pay cash or credit card<\/strong>\u00a0and receive the coupon with the code to be redeemed.<\/li>\n<li aria-level=\"1\">Finally, log in to our website or app,\u00a0<strong>redeem the coupon<\/strong>\u00a0for the cryptocurrency of your choice and send the funds to your wallet.<\/li>\n<\/ul>\n<p>Another very similar option is our\u00a0<strong>cryptocurrency ATMs<\/strong>, where you can exchange your\u00a0<strong>cash<\/strong>\u00a0for coupons. Once the cashier has issued the voucher, you can redeem it for cryptocurrencies on our website or app. You can find one of the many ATMs available at\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/crypto-plaza-bitnovo-a-crypto-perfect-combination\/\">Crypto Plaza<\/a>.<\/p>\n<p>The advantage of purchasing coupons is that you don\u2019t need to go through the registration process and you can buy in cash.<\/p>\n<div id=\"image_249340453\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C%C3%B3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid.jpeg\" sizes=\"(max-width: 768px) 100vw, 768px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid-300x205.jpeg 300w\" alt=\"C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid\" width=\"768\" height=\"526\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid.jpeg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid-300x205.jpeg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/09\/C\u00f3mo-comprar-bitcoin-y-otras-criptomonedas-en-Madrid.jpeg\" data-sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"what_should_you_know_before_buying_cryptocurrencies\"><\/span><strong>What should you know before buying cryptocurrencies?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Before you go to buy cryptocurrencies in Bitnovo it is essential that you know one of our main\u00a0<strong>advantages<\/strong>\u00a0and that is that\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/why-do-we-choose-not-to-be-a-cryptocurrency-custodian\/\">we are not custodians of cryptocurrencies<\/a>. This means that\u00a0<strong>we will never store your funds<\/strong>, so you will be the sole and absolute owner of them. Therefore, it is necessary that you have your own\u00a0<strong>wallet<\/strong>\u00a0where we will send the cryptocurrencies you buy in Bitnovo.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"what_is_a_wallet\"><\/span>What is a wallet?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A wallet is nothing more than a\u00a0<strong>digital wallet<\/strong>\u00a0where we will\u00a0<strong>store, manage and save<\/strong>\u00a0our cryptocurrencies. In more technical terms, it is a software that allows us to\u00a0<strong>access the blockchains<\/strong>\u00a0of each cryptocurrency respectively. However, we must know this concept well before taking the big step.<\/p>\n<p>A wallet offers us the possibility to\u00a0<strong>check<\/strong>\u00a0our account\u00a0<strong>balance<\/strong>\u00a0at any time,\u00a0<strong>receive<\/strong>\u00a0currencies,\u00a0<strong>send<\/strong>\u00a0currencies, among other options. But most importantly, it allows us to be the sole\u00a0<strong>owners<\/strong>\u00a0of our cryptocurrencies.<\/p>\n<p>Before creating a wallet we should know that we can choose between different devices and formats to store our cryptocurrencies. Most users tend to choose\u00a0<strong>web wallets and mobile apps<\/strong>. Below we will tell you the differences between them:<\/p>\n<ul>\n<li aria-level=\"1\"><b>Web wallet<\/b>: In this case your funds will be under the custody of an exchange and will not really be yours until you send them to your own wallet.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Mobile application:<\/b>\u00a0Here the funds will be yours and it is one of the most practical options. You can download the app to your mobile or tablet to carry the wallet with you at all times and manage your cryptocurrencies at all times.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Desktop wallet<\/b>: Similar to the mobile application but through computer software.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Paper or USB memory:\u00a0<\/b>There is also the possibility of printing the code of your wallet in paper format or saving it in a USB memory. This way our cryptocurrencies will always be safe.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li aria-level=\"1\"><b>Hardware Wallet<\/b>: This is the option that best combines security and simplicity. They are devices specifically designed to securely store cryptocurrencies and their cost is higher than the previous options.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"share_your_wallet_address\"><\/span>Share your wallet address<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>When we have created our\u00a0<strong>wallet-account<\/strong>, we will have the possibility to access our address also known as\u00a0<strong>public key<\/strong>. This will be your wallet \u201ccode\u201d that you will use to receive transfers and cryptocurrency remittances. Something like the \u201c<strong>IBAN<\/strong>\u201d of our bank account.<\/p>\n<p>&nbsp;<\/p>\n<p>The wallet address can be in\u00a0<strong>two different forms<\/strong>:<\/p>\n<ul>\n<li><b>Alphanumeric code:\u00a0<\/b>It would be a fragment composed of letters and numbers.<\/li>\n<li><b>QR Code:\u00a0<\/b>This would be the dot matrix or barcode where the information with the address of our wallet is represented. This code is generated through the mobile application. This will be the address that you will have to enter with Bitnovo so that we can send you the cryptocurrencies you buy.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>In the economy of the last few years the use of cryptocurrencies has increased significantly and more and more users are interested in buying them, loot them or simply make use of them, however, due to\u00a0misinformation\u00a0many of them are unable to buy them, either due to lack of knowledge or the idea that it is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-13355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/13355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=13355"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/13355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/13356"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=13355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=13355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=13355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}