Probably the easiest way to buy bitcoin in Vienna is to use a Bitcoin ATMs.
Fortunately, there are plenty of Bitcoin ATMs in Vienna, making it incredibly easy to buy Bitcoin with cash in Austria's capital.
The exact process of buying Bitcoin at a Bitcoin ATM varies from provider to provider, but generally the steps are as follows:
And that's it! This is how easy it is to buy Bitcoins from a Bitcoin machine.
As an alternative to buying bitcoin at a bitcoin ATM, you can also buy the cryptocurrency with a Bitcoinbon buy.
A Bitcoinbon is a Bitcoin voucher worth 100, 150 and 250 EUR, which you can use to buy the digital currency with cash or a credit or debit card at over 4,000 locations in Austria. Over 100 of them are located in Vienna and the surrounding area.
You can find Bitcoin tokens in gas stations, tobacconists, and stores all over the city, making it incredibly easy to buy Bitcoin when you're out and about in Vienna.
Here you will learn how to buy Bitcoin with a Bitcoinbon:
And that's it!
You will then receive your Bitcoins in your Bitcoin wallet in a few minutes, as soon as the Bitcoin network has processed the transaction.
If you prefer to buy Bitcoin online from the comfort of your home, Coinfinity offers you the opportunity to also easily and instantly Buy Bitcoin online.
On the user-friendly Coinfinity Bitcoin portal you can easily and securely buy Bitcoins and pay only 1.5% service fees.
The Bitcoin portal allows you to buy Bitcoin with a SEPA transfer or an instant bank transfer. Of course, you can also sell Bitcoin quickly and easily on the Bitcoin portal as soon as the day comes when you want to exchange your Bitcoins back into euros to get out of your investment.
This is how the Bitcoin buying process works on the Bitcoin Portal:
And that's it! As soon as your bank transfer arrives in Coinfinity's account, you will receive your Bitcoins in your wallet.
If you used an instant bank transfer, it usually takes less than 30 minutes. If you chose a SEPA transaction, it can take up to two business days.
It is up to you whether you buy Bitcoin with a Bitcoin voucher in a tobacconist or at a Bitcoin vending machine or rather online. The advantage of Bitcoin vending machines and Bitcoin vouchers is the possibility to buy small amounts of Bitcoin with cash.
On the other hand, if you want to buy larger amounts, you should rather do it online so that you don't have to walk around with large amounts of cash. In addition, you can make the online purchase from the comfort of your own home.
When you buy Bitcoin from a Bitcoin ATM, with a Bitcoinbon or via instant transfer online, your coins will end up in your Bitcoin wallet as soon as the Bitcoin network has confirmed the transaction.
The exact duration depends on the activity of the Bitcoin network. If there are a lot of transactions to be confirmed, it may take a little longer until you receive your coins. Generally, you should have your bitcoins in your wallet within about 20 minutes.
If you buy Bitcoin with a SEPA transfer, the transaction may take longer, as the transfer from your bank to Coinfinity can take up to 48 hours. Normally, you should receive your Bitcoins within 24 hours during the week.
On Bitcoin.org you can find a selection of wallets that you can download to your desktop or smartphone for free. The setup process only takes a few minutes.
Alternatively, you can acquire a hardware wallet, such as the Coinfinity Card Wallet, to store your Bitcoins securely offline.
Yes, you can legally buy and sell Bitcoin in Austria without any problems.