The big
question of how to get bitcoins.
After
acquiring a basic knowledge of what bitcoin is and how the wallet really work,
you may want to get into the digital currency world and get some bitcoin for
yourself. Thus the big question arrives to your mind: How do I get bitcoins?
Becoming
difficult.
After you
get the knowledge of the origin of every single bitcoin, which is based on a
mining process, you'll believe that the best way to get them is by joining this
mining process. The thing is that, this has become very difficult, because the
fast popularity grow of the crypto currency.
Sell
products or services.
Every single
bitcoin comes as the result of a previous transaction. Thus, the way to get
them, when you don't have any, is by receiving a transaction from someone else,
when you purchase them using cash or also by mining new bitcoins.
When you
know an individual, who uses bitcoins, you can ask him/her to get bitcoins. In
case you don't know anyone who posses them, you can get bitcoins by offering
another kind of transaction with just another bitcoin user, resulting you
getting paid in bitcoins. The alternative option is by mining them yourself.
Mining.
In case you
cannot purchase bitcoin from someone else, you can get them by mining them. The
term mining here means: solving a complex mathematical problem, which intention
is to validate other individuals transactions. In return you're awarded with
bitcoins. Receiving bitcoins is sometimes free, but a fee may be included for
sending them, it depends on the online platform you use. Before getting into
mining bitcoins, you need to understand, that it's not an easy way to get
bitcoins, it requires some tech knowledge, which may not be practical for you.
Buy.
In case, you
don't know anyone who possesbitcoins, you don't have anything to sell to
exchange for bitcoins, there's a way to buy bitcoins. There're several online
platforms, these sell bitcoins by a process called trading/exchanging. Here I
list some ways you can purchase bitcoins:
Buy bitcoins
from a person.
There are
online marketplaces where you can buy bitcoins in a person-to-person scheme.
You can pay these individuals with cash or by other ways. The good think is
that you and the seller can arrange the payment method: cash in person, cash by
deposit, bank wire, PayPal, etc. The key element here is to find someone
trustworthy. A good tip is using an escrow online service, this way you can
protect yourself against any kind of fraud. The good thing about these online
escrow platform, is that everyone should upload their scanned ID, this
guarantees security during the transactions.
Buy bitcoins
from an exchange and outlet.
Bitcoin
exchanges or outlets are basically online services that make it easier for
buyers and seller to do bitcoins transactions. To be part of one of these, all
you need is to create an account and get your identity verification before you
can buy or sell bitcoins.
Buy bitcoins
through an ATM.
Some cities around the world offer physical bitcoin
ATMs. You just get your bitcoins through them using local fiat currency.
Governments regulate the uses of these ATMs for security purposes. Sometimes
finding a bitcoin ATM near your location may be difficult, because even the
location where these are installed is regulated.To
get updated information please visit : http://www.coinopinions.com/
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