Tutorial on Buying Bitcoin using IDEAL(Netherlands' Payment System) and transfer it to Bittrex

Some people asked me how do I trade in crypto here in the Netherlands using my bank account.
IDEAL allows user to pay their online transaction via their own bank credentialS. IDEAL is widely an online payment method that is commonly used and a highly convenient payment system in the Netherlands.

This content shows you a detailed process of buying bitcoin and transferring it to another wallet address. Therefore, I decided to make this blog for me to help people on how the process goes.

Image source: 1, 2, 3

How to Buy Bitcoin using IDEAL and transfer it to Bittrex

First Make a Bittrex Account.

Sign Up
Choose the Account type: Personal - your own or individual only), Corporate- for business purposes.
Fill in your active email address (be sure to save your password).
Input the Referral Code, I'm giving my code 👉 (ALD-K3W-IBC), if you want to use it.
Click Create an Account.

It is important that you fill the details below for you to invest or trade in Bitcoin or any cryptocurrencies you want to buy:

Input your personal information, do write down the exact details for Bittrex security purposes, and to avoid fraud accounts.
Go to ID Verification, it is convenient to have a valid ID, for example, your passport.
Bittrex will send you an email and provide a link once your ID is verified.
Fund your account with BTC.

After you created an account in Bittrex, You may go to the Website Bitonic.nl

Fill the amount in Euro. Remember, there is a transaction fee, if you buy Bitcoin at a higher rate, it is less expensive, so it is way cheaper.
Click "Buy Bitcoin".
The receiving address will then appear. Now it's time for you to go to Bittrex.

Log in to your account in Bittrex.

On the right top corner, click "HOLDINGS"

On the search box, type "BTC or Bitcoin".

Click "DEPOSIT". Your wallet address will appear, copy and paste it to your bitonic receiving address. This is your bitcoin address where bitonic.nl will send bitcoins to Bittrex.

Type your email address and your bank account number preferably your IDEAL.

Click "Buy Bitcoin" and tick the agree to terms and conditions.

Verify first if you haven't, so you can go through the process of transaction. This is the part of Registration to Bitonic.nl.

_{Fill in the Verification Info}
account verification.jpg

Once you are done with your verification, you will then proceed to the payment system

Using IDEAL, you can pay to your bank website or your bank app. In my case, I just scan the QR code using my ING Bank App.

Note that it will take 2 hours for the bitcoin to be sent.

Bitconic.nl will inform you that the bitcoin is sent to your Bittrex wallet address.

To check: go to Bittrex, on the top corner click __Holdings__search for BTC,you'll see bitcoins added based on the bitonic.nl transactions you made.

These are all the complete tutorials on buying Bitcoin using IDEAL.

If you find this useful, you may upvote, follow for upcoming cryptocurrency tutorials, and also you can share this blog to support people, especially those who use IDEAL payment system and wants to learn further about cryptocurrency.

__Happy trading!🙂❤️-----

~Thoughts To Ponder~

Be open-minded to something new, inspire excellence, remember that the best things in life happen out of your comfort zone. Embrace change for the better in terms of character, attitude, and behavior. Cheers!

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