firi trading platform for cryptocurrency

How to buy Bitcoin (BTC)

06/02/2021

Bitcoin is the name of Bitcoin's protocol. When we talk about Bitcoin's cryptocurrency, it is referred to as bitcoin (with small b) or BTC.

To trade bitcoin with Firi, you must first complete 3 easy steps.


1. Create a Firi account

Before you can buy BTC, you need to create a Firi account with your email or Vipps.


2. Verify your account

To be able to shop on Firi, you need to verify your account. You do this easily by connecting to your BankID and completing a simple customer control form.



3. Make a deposit

To be able to buy bitcoin via Firi, you must make a deposit in NOK. After making a deposit, you can easily use NOK to buy bitcoin via Firi.

How to make a deposit on Firi?

There are 2 alternative ways to make a deposit on Firi. You can either make a deposit via Firi automatically by connecting to your online bank, or by transferring money manually to an account number.


Whether you want to make a deposit manually or automatically, you must first navigate to the deposit page.

On the Firi app, you will find the page for deposits under the Overview tab, and the tapping Deposit money. If you use Firi on a web browser, you will find the Deposit page under the Main Account tab.

Option 1: Make a deposit automatically without using online banking

  • Click on Deposit money.
  • Enter the bank you want to pay from in the search field.
  • Grant access to the account you want to pay from with BankID.
  • Enter the amount and sign for the payment with BankID.

Option 2: Make a manual transfer via your online bank.

  • Click on Deposit money.
  • Click on Manual transfer.
  • Use the designated account number and messages to make a manual deposit.
  • Log into your online bank and transfer the amount you want to deposit with Firi.

Processing deposits usually take up to 1 business day.


How to buy BTC on Firi

On Firi, you have two options for buying BTC after you have made a deposit.

You can either buy BTC automatically via Trade, or you can buy BTC manually through an order book via Advanced Trade. Advanced trading is only available on a browser.

Buy BTC via "Trade" (Handel)

How to make a purchase via Trade:


  1. Log into Firi and click on the Trade tab.
  2. Select the tab that says Buy or Buy crypto.
  3. Select BTC as the cryptocurrency in the bottom field.
  4. Enter the amount of NOK you want to buy BTC for.
  5. Click on Preview Purchase.

Buy BTC manually via Advanced Trade

How to make a purchase via Advanced Trading:


  1. Log into Firi and click on Advanced Trading on the left side of the Firi dashboard.
  2. Make sure the market you select in the top left corner is set to BTCNOK.
  3. Navigate to the box where it says Buy BTC.
  4. Enter the amount of BTC you want to buy in Amount field.
  5. Enter the price you want to pay per BTC in the Price field.
  6. Click on BUY BTC.
  7. When the price on the market matches the order you have placed, the purchase is automatically executed.

If you have followed these steps, you are now the proud owner of Bitcoins cryptocurrency BTC. You can view the balance of your BTC-wallet and other relevant information by clicking on Main Account in the Firi dashboard.