Buying Nootropics With Bitcoin: A 5-Step Guide

What actually is bitcoin?

So you want to buy nootropics with bitcoins. If you’re not really too sure what bitcoins are, start with this super simple 1:36m video.

To get started on buying nootropics with bitcoins, we’ve assembled a handy 5-step guide.

Step 1: Buying bitcoin

First thing’s first: you’re going to need to get some bitcoin.

Here’s what you’ll need to do:

1. Pick one of the services below
2. Register + verify your account (if required)
3. Link your debit/credit card
4. Buy as much bitcoin as you need

The easiest services to use are listed below, each with their benefits and drawbacks:

Circle.com

+ Quick registration and instant bitcoin purchases
+ Easy to navigate
– Debit cards only
– $100 limit for first time buys

Coinbase.com

+ Easy to navigate
+ Accepts credit and debit cards
– $100 limit for first time buys
– Strict registration procedures

Indacoin.com

+ No registration required
+ Accepts credit and debit cards
– $100 limit for first time buys, $200 after 4 days, $500 after 7 days
– Comparatively higher fees

Remember to contact support if you need help!

Step 2: Get a wallet

Why get a wallet? They solve a problem.

Ever heard about bitcoin getting hacked? Or huge amounts of bitcoin getting stolen?

While the bitcoin base technology has never once been compromised, bitcoin exchanges have. People leave all the bitcoin they buy in those exchanges until they want to spend it, which means that the company you used to buy the bitcoin still technically owns the bitcoin. If they get hacked, your bitcoin is in jeopardy.

So to protect ourselves against this possibility we can get what is called a bitcoin wallet. This moves the ‘physical location’ of your bitcoins from a 3rd-party account to your device itself.

You can use this handy tool to choose a wallet that is most convenient for you: https://bitcoin.org/en/choose-your-wallet

Install the wallet and set it up as per the instructions within the software.

Step 3 – Put the bitcoin into your wallet

Now we need to transfer your bitcoin from where you bought it to your personal wallet.

First locate your wallet’s bitcoin address. You may also have a QR code that you can use too.

Use your Coinbase/Circle account to send however much bitcoin you need to your wallet’s address. Indacoin does this as standard.

It should transfer instantly, and be available to spend within 20 minutes (depending on the wallet).

Step 4 – Spend.

Once you have the bitcoins bought and/or in your wallet, head over to the Nootropics.com shop and add something to your cart.

In the checkout be sure to select Bitcoin as your payment option, and click Confirm Order.

You’ll arrive at a screen similar to this one:

Now you’ll need to use your wallet to send bitcoin to the address on screen.

This can be done either using the address or by scanning the QR code with your wallet software.

Please be sure to send the exact amount stated in the invoice (note that you wallet may charge a transaction fee).

With Breadwallet (our favourite mobile wallet), it will look something like this:

Step 5 – Profit.

The bitcoin network generally refreshes every 10 minutes and all transactions sent out during those 10 minutes are confirmed.

As soon as the network does this and we have received your payment, your order will go into processing and will be shipped out shortly. You’ll receive a confirmation email with a tracking number to confirm this.

Congratulations, you just bought Nootropics with bitcoin and they’ll be with you soon.

As always, if there’s anything we can do to help, don’t hesistate to reach out to us at hello@nootropics.com.