Easy Ways to Buy Bitcoins

Easy Ways to Buy Bitcoins 

Bitcoin has been around for a decade, but they are still a technical complexity that many people do not understand. Most people want to know the various options to buy bitcoin, some of them enter a state of analysis and prevent them from continuing. Many people even stole their bitcoins, and some were cheated in the process. So today we are looking for ways to buy Bitcoin safely without being fooled.

Get Bitcoin Wallet (it's free!)

The Bitcoin wallet is just a place to store Bitcoin. This step can be very complicated in itself, because there are more than 20 different bitcoin wallets, so you should know which type to buy. In a sense, a wallet is nothing more than a software tool or a website where you can "store" your cryptocurrency. You can choose a separate wallet for several users or third parties. Again, you can choose a physical or paper wallet. The wallet option can be very large, but keep in mind that you can change your wallet at any time. Choosing your wallet also depends on other factors, such as whether you need to access your phone's wallet or whether you will become a significant Bitcoin user. Some reliable Bitcoin wallets can subscribe to Trezor, CoinBase, Coin Mama and BlockChain. The wallet is basically a public key; It is not necessary that you hide it. You can also download the wallet.

Choose a payment method

The key to choosing the correct way to buy a bitcoin payment is to know the refund. A refund is a guarantee provided by a trading site such as PayPal to a buyer who claims not to have received the merchandise, in this case Bitcoin. Understand that when it comes to cryptocurrencies, you do not have physical assets. This means that, as a buyer, you can pay one through PayPal, get coins and, a few days later, claim to PayPal that you never received a coin. PayPal can not verify this fact. Therefore, this currency exchange is full of risks. Today there are different ways to buy Bitcoin with a credit or debit card, PayPal and Skrill, and bank transfer. Keep in mind that most sellers prefer to sell Bitcoin by bank transfer. The advantage of using wire transfers is that many operations sell bitcoin in a lesser way than PayPal. However, the disadvantage of this method of buying bitcoin is that you have to wait longer to spend the coin. You can also buy bitcoin in cash. This is the fastest and cheapest way to buy Bitcoin. Some websites allow nearby buyers and sellers to come face to face. However, this method requires that you physically meet a stranger. So always be very careful when using this method of buying bitcoins.

Tips for buying Bitcoin with PayPal

• Exchange through VirWox or virtual world. Indirectly they allow you to buy Bitcoin by first buying the Second Life Linden Dollars virtual currency.
• Open the Circle account. You can also use the PayPal MasterCard Debit Card. Log in to Circle and PayPal accounts.
• Use Bitcoin to buy bitcoin.

Choose an exchange

You can buy bitcoin in several exchanges. You can choose a trading platform, an intermediary or a non-executable exchange. Be sure to read the comments of the exchange before choosing. You can do it easily with a search engine. Be sure to read the "About Us" page of the exchange. It is a good idea to join a conversation that involves team members. If possible, use Alexa to see the ranking of the exchange: the lower the rank, the better. Also understand the fees charged for these transactions, the processing time and the withdrawal time.

Use the Bitcoin forum to learn

The Bitcoin forum is a good place to ask questions and raise concerns and concerns. Many members of these forums help guide newbies in this topic. The Bitcoin talk is a good forum.

My bitcoin

Bitcoin mining allows you to generate bitcons without having to buy them. Any computer can be used to extract coins. This is a very technical process, so read it a little. You should learn some technical terms. In addition, you need a computer with Internet and Java installed. Once you have finished, visit this website. Create an account here. Go to the tool and get the latest updates. This will download the file to your computer so you can start extracting Bitcoin. After the download, follow the simple instructions. The program will work without problems in any operating system. However, this method of mining Bitcoin is very slow and can overheat or damage the device. To speed things up, you can invest in ASIC bit miners, which are powerful processors for mining.

Break and steal bitcoin

This is the unethical way to get bitcoin. As a buyer, keep in mind that hackers can use this method to steal your bitcoin. They use cloning sites, mobile apps, Wi-Fi hackers and phishing to get their bitcoin. In a few words: you do not want to get bitcoin in this way, and you do not want your hackers using these strategies to lose hard earned coins. Therefore, be sure to follow the security rules and not be a victim of downloading funky software. Protect your device with a PIN or a tactile or front identification to avoid downloading a part.

Starting from a small place

If you plan to use a credit card to buy Bitcoin, use Coinbase or CoinMama. These sites are intuitive and easy to use. You can also use Circle, another popular and easy to use boot that facilitates the purchase of Bitcoin. It always starts small.

Summarize

• Always check the credibility of your Bitcoin sellers
• Record all
• When dealing with sellers / individuals, wait for confirmation before payment.
• Use hosted or third-party services
• If you use an exchange, do not leave the money there. Move it to your personal wallet as soon as possible.

This brief guide may not answer all your questions about Bitcoin, but it will prepare you for your trip to the digital world.