Key Takeaways To buy bitcoin, you must first sign up for a bitcoin wallet. Instead of buying directly with cash, you instead need to use a voucher like Flexepin or Neosurf. If you meet, meet in a public space and go with another person. This is due to Know Your Customer KYC laws which require exchanges to record the real world identity of their clients. Again, make sure you buy from sellers with good feedback! There have been reports of scams and robberies, so just make sure you take precautions when buying. Each bitcoin is divisible to the 8th decimal place, meaning each bitcoin can be split into ,, pieces.