Collecting Bitcoins to Use In a Transaction

The big question of how to get bitcoins.

After acquiring a basic knowledge of what Bitcoin is and how the wallet actually works, you may want to enter the world of digital currency and get bitcoins for yourself. Therefore, the big question comes to your mind: how do I get bitcoins?

It's getting harder and harder.

After knowing the origin of each bitcoin, which is based on a mining process, you will believe that the best way to obtain them is to join this mining process. The thing is that this has become very difficult, because the popularity of the cryptocurrency is growing rapidly.

Sell products or services.

Each bitcoin is the result of a previous transaction. Therefore, the way to obtain them, when you do not have them, is to receive a transaction from another person, when you buy them using cash or also extracting new bitcoins.

When you meet a person who uses bitcoins. , you can ask him to get bitcoins. In case you do not know anyone who owns them, you can get bitcoins offering another type of transaction with just another bitcoin user, which will allow you to receive payments in bitcoins. The alternative option is to exploit them yourself.

Mining.

In case you can not buy bitcoin from another person, you can obtain them by extracting them. The term mining here means: solving a complex mathematical problem, whose intention is to validate the transactions of other individuals. In return, you are awarded bitcoins. Receiving bitcoins is sometimes free, but you can include a fee to send them, depending on the online platform you use. Before entering bitcoin mining, you should understand that it is not an easy way to get bitcoins, but requires technical knowledge, which may not be practical for you.

Buy.

In case you do not, I know someone who owns bitcoins, has nothing to sell to exchange bitcoins, there is a way to buy bitcoins. There are several platforms online, these sell bitcoins through a process called trade / exchange. Here are some ways you can buy bitcoins:

Purchase bitcoins from a person.

There are online markets where you can buy bitcoins in a person-to-person scheme. You can pay these people with cash or otherwise. The good thing is that you and the seller can arrange the payment method: cash in person, cash by deposit, bank transfer, PayPal, etc. The key element here is to find someone you trust. A good tip is to use an online custody service, this way you can protect yourself against any type of fraud. The good thing about this online deposit platform is that everyone must upload their scanned ID, this guarantees security during transactions.

Buy bitcoins from an exchange and an exit.

The exchanges or points of sale of Bitcoin are basically online services that make it easier for buyers and the seller to make bitcoin transactions. To be part of one of these, all you need to do is create an account and get your identity verification before buying or selling bitcoins.

Buy bitcoins through an ATM.

Some cities around the world offer physical bitcoin ATMs. You only get your bitcoins through them using local fiat currency. Governments regulate the use of these ATMs for security reasons. Sometimes, finding a bitcoin ATM near your location can be difficult, since even the location where they are installed is regulated.

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