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May 16, 2019
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First of all, you need to register a wallet where you will store Bitcoins. After registration, you need to set up a security system for your wallet, linking mail and a phone number to it. In this case, even if someone steals your password, he most likely will not be able to get into the wallet: to enter, he will need to follow the link in the email and/or enter the code received via SMS. Wallets are of different types, here are some:
- Bitcoin mobile wallet app
- Bitcoin desktop wallet
- Hardware Bitcoin wallet
- Cryptocurrency exchange account
- Bitcoin debit card company
You can purchase Bitcoin immediately
Now we have a Bitcoin wallet, and we also have a certain amount of money to buy cryptocurrency. The logical question is: where to get bitcoins? Our readers may consider the following ways to buy bitcoin:
- Exchange online services;
- Cryptocurrency exchanges;
- Terminals and ATMs;
- Exchange with other people for Fiat gift vouchers.
You can purchase Bitcoin on an exchange
So we moved to the second method of buying BTC – through cryptocurrency exchanges. Exchange – a platform for trade. That is, the course on them is “pure”, formed by the market supply. The most famous service for tracking cryptocurrency trading exchanges is Coinmarketcap. It contains information about the volume of trading on each site, as well as the current rate. When buying a better focus on the exchange with the lowest rate. After all, we can get BTC at the best price. Among the most popular exchanges include:
- Binance
- CEX.io
- BitMart
- Livecoin
You can purchase Bitcoin with PayPal
On the Internet, there are niche services that facilitate the exchange of money for cryptocurrency online. The exchange service is notable for supporting a large number of payment systems for depositing and withdrawing funds, as well as popular Internet banking services. There are over a hundred exchangers, and they bring great profits to those who own them.
Here are the most popular ones:
- Virvox
- LocalBitcoins
- eToro
You can purchase Bitcoin with cash
In big cities, you can buy bitcoins through ground exchange points for cash. Also, there are special ATMs and terminals, using which you can easily get hold of digital coins. And let these ground points to buy cryptocurrency is not so much, but their number is constantly growing. A few of the most popular P2P exchanges are:
Bitcoin ATMs
ATMs and terminals with the possibility of buying Bitcoin – are not yet very common. In the big cities, there are only a few of them, but the situation is changing quite quickly: there is a list of ATMs on the CoinATMRadar website. Such devices are easy to use – quite a few operations with the card and the ATM itself and the cryptocurrency will be credited to your wallet. Terminals work with bills.
You can purchase Bitcoin anonymously
In countries such as Austria, South Korea, Mexico, and several other countries, there is an interesting option for buying BTC – through gift cards. You just need to replenish them at par and then enter the code on a specialized website. The “sellers” of such cards profit from commissions reaching 3-8%. However, the method is still in demand because of its simplicity and anonymity.
The best place to buy Bitcoin
Another lesson in cryptocurrency literacy has come to an end. Now you know how and where to buy Bitcoin for Fiat. The main thing to remember is that there is no ideal and universal place to buy Bitcoin. For each person the best place and unique. There is nothing difficult in this – there would be a desire and means to buy. Whether you should do this is up to you.
