: Most platforms require you to upload a government ID and a selfie before your first purchase can proceed. 3. Bitcoin Network Design (Block Time)
Why Is Bitcoin So Slow and How Do I Buy It Quickly? | CoinFlip why does buying bitcoin take so long
Buying Bitcoin often feels sluggish because it is a multi-step process involving the slow-moving traditional banking system and the security-focused Bitcoin network. While an exchange might show your purchase "instantly," several bottlenecks—ranging from identity checks to block discovery times—must be cleared before you truly own and can withdraw your assets. 1. The Banking Bottleneck (Fiat Settlement) : Most platforms require you to upload a