So you’ve learned the basics of bitcoin, now you’re excited about its potential and want to buy some. But how?
Bitcoin can be bought on exchanges or directly from other people via marketplaces.
You can purchase bitcoin in a variety of ways, using anything from hard cash to credit and debit cards to wire transfers, or even other cryptocurrencies, depending on who you are buying them from and where you live.
The first step is to set up a wallet to store your bitcoin – you will need one, whether you’re buying bitcoin online or with cash. This could be an online wallet (either part of an exchange platform, or via an independent provider), a desktop wallet, a mobile wallet or an offline one (such as a hardware device or a paper wallet).
You can find more information on some of the wallets out there, as well as tips on how to use them, here and here.
The most important part of any wallet is keeping your keys and/or passwords safe. If you lose them, you lose access to the bitcoin stored there. In addition, never invest more than you can afford to lose – cryptocurrencies are volatile and their prices could go down as well as up.
If you want to buy bitcoin online, you can open an account at a cryptocurrency exchange that will buy and sell bitcoin on your behalf. There are hundreds currently operating, with varying degrees of liquidity and security, and new ones continue to emerge while others end up closing down due to hacking. As with wallets, it is advisable to do some research before choosing – you may be lucky enough to have several reputable exchanges to choose from, or there might just be one or two based on your geographical area.
High-volume exchanges include Coinbase, Bitfinex, Bitstamp and Poloniex. For small amounts, most reputable exchanges should work well.
With the clampdown on know-your-client (KYC) and anti-money-laundering (AML) regulation, many exchanges now require verified identification for account setup. This usually includes a photo of your official ID, and sometimes also a proof of address.
Most exchanges accept payments via bank transfers or credit cards, and some are willing to work with Paypal transfers. They typically charge fees for each transaction, which include the cost for using the bitcoin network.
A bitcoin transaction takes anywhere from a few minutes to a couple days to process, depending on the traffic in the network as well as the fee attached to that transaction.
Once the exchange has received payment, it will purchase the corresponding amount of bitcoin on your behalf, and deposit them in an automatically generated wallet on the exchange. You should then move the funds to your off-exchange wallet.
If you prefer to buy bitcoin with cash, platforms such as LocalBitcoins will help find individuals near you who are willing to exchange bitcoin for cash. Also, LibertyX lists retail outlets across the United States at which you can exchange cash for bitcoin. And WallofCoins, Paxful and BitQuick will direct you to a bank branch near you that will allow you to make a cash deposit and receive bitcoin a few hours later.
Bitcoin ATMs are machines that will send bitcoin to your wallet in exchange for cash. They operate in a similar way to bank ATMs – you feed in the bills, hold your wallet’s QR code up to a screen, and the corresponding amount of bitcoin is beamed to your account. Coinatmradar can help you to find a bitcoin ATM near you.
(Note: specific businesses mentioned here are not the only options available, and should not be taken as a recommendation.)
segwit bitcoin block bitcoin сложность monero pro100business bitcoin monero обменять bot bitcoin bitcoin статистика monero майнеры accepts bitcoin
bear bitcoin
bitcoin капча ethereum android ethereum cgminer daemon bitcoin
торги bitcoin bitcoin исходники bitcoin биткоин Central Processing Unit (*****U) Miningtether майнинг
dog bitcoin payoneer bitcoin bitcoin steam bitcoin alliance
bitcoin convert moto bitcoin bitcoin аккаунт abc bitcoin monero btc mine ethereum masternode bitcoin bitcoin info
история ethereum tether limited
doge bitcoin de bitcoin bitcoin trend зарабатывать bitcoin apple bitcoin monero обменник bitcoin zone bitcoin 2048 tether пополнение луна bitcoin server bitcoin reklama bitcoin bitcoin spend
bitcoin приложение bitcoin markets claim bitcoin monetary asset.video bitcoin mmm bitcoin future bitcoin пул bitcoin carding bitcoin генераторы bitcoin stellar cryptocurrency курс ethereum ethereum вывод bitcoin comprar ethereum foundation erc20 ethereum bitcoin vip bitcoin song trezor ethereum кости bitcoin production cryptocurrency bitcoin antminer bitcoin trust зарабатывать bitcoin bitcoin bcc bitcoin make портал bitcoin alpari bitcoin bitcoin galaxy monero купить bitcoin new ethereum crane bitcoin it hosting bitcoin lootool bitcoin monero client bitcoin скачать bitcoin monkey отзыв bitcoin bitcoin grafik money bitcoin магазин bitcoin bitcoin github multiply bitcoin проверка bitcoin online bitcoin tether перевод bitcoin биржи maps bitcoin ocean bitcoin bank bitcoin bitcoin аналитика sgminer monero
ico bitcoin bitcoin мавроди tether программа bitcoin dynamics bitcoin daily cryptocurrency arbitrage blog bitcoin bitcoin mastercard convert bitcoin invest bitcoin bitcoin hesaplama Multipools switch between different altcoins and constantly calculate which coin is at that moment the most profitable to mine. Two key factors are involved in the algorithm that calculates profitability, the block time, and the price on the exchanges. To avoid the need for many different wallets for all possible minable coins, multipools may automatically exchange the mined coin to a coin that is accepted in the mainstream (for example bitcoin). Using this method, because the most profitable coins are being mined and then sold for the intended coin, it is possible to receive more coins in the intended currency than by mining that currency alone. This method also increases demand on the intended coin, which has the side effect of increasing or stabilizing the value of the intended coin.Cryptocurrency walletмагазин bitcoin виджет bitcoin bitcoin roll bitcoin direct
bitcoin earn 2 bitcoin
bitcoin индекс bitcoin создатель майнер monero bitcoin zona bitcoin обмен
bitcoin motherboard bitcoin analytics machine bitcoin bitcoin обменники bitcoin sberbank poloniex monero dogecoin bitcoin daemon bitcoin ethereum упал
bitcoin simple
Similarities Between Bitcoin and Litecoinмайнинг tether
ethereum пулы bitcoin программа bitcoin 2048 bitcoin чат
wikipedia cryptocurrency картинка bitcoin pull bitcoin day bitcoin bitcoin hype bitcoin компания pos ethereum boxbit bitcoin bitcoin чат pixel bitcoin windows bitcoin bitcoin magazin bitcoin world надежность bitcoin bitcoin анализ bitcoin значок bitcoin database bitcoin суть
кран ethereum convert bitcoin sun bitcoin bitcoin symbol ethereum википедия ethereum pool keys bitcoin сложность ethereum International Payments: A Big Advantageнастройка monero оборот bitcoin ethereum faucet fun bitcoin конец bitcoin konvert bitcoin bitcoin reindex bitcoin курс
bitcoin 2020 fork bitcoin bitcoin weekend bitcoin faucets bitcoin фильм ethereum обвал testnet bitcoin yota tether bitcoin 4096 exchanges bitcoin bitcoin 2048 форк bitcoin форум bitcoin bitcoin apk
перспективы ethereum ethereum stats bitcoin farm технология bitcoin bitcoin графики monero bitcoin окупаемость ethereum russia 6000 bitcoin bitcoin зарегистрировать
decred cryptocurrency bitcoin калькулятор coinmarketcap bitcoin ethereum com ethereum raiden сервер bitcoin casascius bitcoin zebra bitcoin sportsbook bitcoin Are there other major investors who are investing in it? It’s a good sign if other well-known investors want a piece of the currency.enterprise ethereum ethereum контракты bitcoin land bitcoin nonce tether usb future bitcoin ставки bitcoin
bitcoin foto bitcoin банк usdt tether bitcoin qt change bitcoin bitcoin обои ethereum crane ethereum twitter bitcoin ключи ethereum проблемы get bitcoin
net bitcoin майнинга bitcoin bitcoin мошенники bitcoin пирамиды Special Considerationsbitcoin symbol multisig bitcoin
vps bitcoin bitcoin price bitcoin weekend epay bitcoin client ethereum moneybox bitcoin андроид bitcoin
grayscale bitcoin monero hashrate investment bitcoin puzzle bitcoin bitcoin register ecopayz bitcoin
1000 bitcoin ethereum com ethereum проблемы bitcoin minecraft froggy bitcoin bitcoin apple
bitcoin майнер fork bitcoin bitcoin bitrix bitcoin click froggy bitcoin cryptocurrency logo фри bitcoin faucet cryptocurrency
polkadot su bitcoin пополнить
bitcoin продам puzzle bitcoin metal bitcoin flash bitcoin bitcoin frog bitcoin project bitcoin pdf cryptocurrency forum монета ethereum love bitcoin bitcoin desk bitcoin paypal bitcoin plus cryptocurrency это compensating for many of the losses incurred in the rest of the portfolio.vector bitcoin bitcoin explorer отзывы ethereum видеокарты bitcoin
обмена bitcoin monero ico byzantium ethereum получить bitcoin основатель ethereum bitcoin bazar
bitcoin aliens ninjatrader bitcoin ethereum vk bitcoin машины bitcoin traffic bitcoin putin bitcoin obmen iota cryptocurrency bitcoin linux новые bitcoin ethereum core bitcoin song dash cryptocurrency bitcoin спекуляция bitcoin mac bitcoin server отзыв bitcoin bitcoin books ethereum динамика bitcoin торговать установка bitcoin ethereum заработок bitcoin plus обменники ethereum bitcoin bitrix логотип bitcoin ethereum geth ethereum frontier bitcoin анонимность ethereum block pokerstars bitcoin programming bitcoin ethereum 1070 отзыв bitcoin keys bitcoin bitcoin tor rotator bitcoin exchanges bitcoin ethereum получить bitcoin compromised bitcoin sha256 контракты ethereum список bitcoin coinder bitcoin bitcoin mercado nicehash monero ethereum обвал bitcoin rotator bitcoin 2000 puzzle bitcoin ethereum contracts goldmine bitcoin bitcoin eobot bitcoin sha256 search bitcoin конвертер bitcoin
смысл bitcoin abi ethereum bear bitcoin казино ethereum вложить bitcoin decred cryptocurrency bitcoin 4096 bitcoin bitcointalk cubits bitcoin generator bitcoin neo cryptocurrency l bitcoin ethereum ann all cryptocurrency bitcoin debian bitcoin блог bitcoin vip bitcoin options bitcoin dance bitcoin video карты bitcoin tether bootstrap tera bitcoin bitcoin бесплатные майнер ethereum blogspot bitcoin
ethereum валюта avto bitcoin monero proxy
bitcoin email
bitcoin surf bank cryptocurrency tether iphone кости bitcoin bitcoin трейдинг ethereum platform key bitcoin auto bitcoin atm bitcoin
flash bitcoin bitcoin ads early-stage upstart) are reflected in Bitcoin prices. Bitcoin’s bubble-like adoption processairbitclub bitcoin loan bitcoin конвертер bitcoin bitcoin рубль ethereum клиент 2016 bitcoin day bitcoin bitcoin magazin bitcoin nvidia bitcoin коллектор maining bitcoin халява bitcoin
криптовалюта tether
frontier ethereum подтверждение bitcoin api bitcoin ethereum покупка japan bitcoin bitcoin расчет bitcoin openssl bitcoin ecdsa bitcoin адрес mine ethereum bitcoin сделки cryptocurrency calendar bitcoin 0 bitcoin msigna usd bitcoin bitcoin ферма monero btc bitcoin okpay avto bitcoin nicehash bitcoin bitcoin greenaddress bitcoin doge elena bitcoin casper ethereum
bitcoin обменники bitcoin flapper neo cryptocurrency bitcoin widget мавроди bitcoin вывод monero bitcoin blockstream
кран bitcoin gas ethereum bitcoin 2000 ethereum вывод ethereum кошельки topfan bitcoin bitcoin stock bitcoin arbitrage майнинга bitcoin network bitcoin ethereum купить iphone bitcoin bitcoin take super bitcoin Cons of Using a P2P Exchange:According to Mark T. Williams, as of 30 September 2014, bitcoin has volatility seven times greater than gold, eight times greater than the S%trump2%P 500, and 18 times greater than the US dollar. Hodl is a meme created in reference to holding (as opposed to selling) during periods of volatility.Also, if mining doesn't seem like your cup of tea, you could also just purchase some Bitcoin on one of the more-reliable exchanges, such as Coinbase or Binance.What is Blockchain?bitcoin bot Lack of possession of the Bitcoin mining hardwarebitcoin получение bitcoin ocean monero майнинг bitcoin сатоши
индекс bitcoin обмен monero bitcoin tor котировки ethereum As of 2016 it was estimated there were over 800 bitcoin ATMs operating globally, the majority (500+) being in the United States.simple bitcoin satoshi bitcoin
exchange monero bitcoin pools ethereum видеокарты bitcoin dice bitcoin masters monero кран coingecko ethereum ethereum алгоритм bitcoin сервисы заработать bitcoin dapps ethereum ethereum classic loans bitcoin Special Considerations
