The big question is how to get bitcoins.
Once you get a basic understanding of what Bitcoin is and how a wallet actually works, you may want to get into the world of digital currency and get a little bit of bitcoin. So, the big question comes to mind: How do I get bitcoins?
It becomes difficult.
Once you have gained knowledge of the origin of each bitcoin based on a mining process, you will think that the best way to get them is to join this mining process. The thing is that this has become very difficult because the popularity of cryptocurrency is growing rapidly.
Selling products or services.
Each Bitcoin comes as a result of a previous transaction. So the way to get them, when you don’t have them, is to receive a transaction from someone else, when you buy them in cash or even mine new bitcoin.
When you know a person who uses bitcoins, you can ask them to get bitcoins. If you don’t know anyone who owns them, you can get bitcoins by offering another type of transaction with another bitcoin user, and as a result, they pay you bitcoins. The alternative is to take it out yourself.
If you can’t buy bitcoin from someone else, you can get it by mining. The term mining means here: solving a complex mathematical problem that aims to validate the transactions of other people. In return they reward you with bitcoins. Receiving bitcoins is sometimes free, but a fee may be included for sending them, depending on the online platform you use. Before getting into bitcoins mining, you need to understand that there is no easy way to get bitcoins, it needs some technological knowledge, it may not be practical for you.
Just in case, you don’t know anyone who owns bitcoins, you don’t have anything to sell for bitcoin, if there is a way to buy bitcoins. There are several online platforms that sell bitcoins through a process called trading / exchange. Here are some ways to buy bitcoins:
Buy bitcoins from a person.
There are online markets where you can buy bitcoins in an interpersonal scheme. You can pay these people in cash or in other ways. It is best 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 finding someone you can trust. A good tip is to use a reliability service so that you can protect yourself against any kind of fraud. The good thing about these online bond platforms is that they all need to upload a scanned ID, which ensures security in transactions.
Buy bitcoins in exchange and from the store.
Bitcoin exchanges or outlets are basically online services that make it easier for buyers and sellers to make bitcoins transactions. To be a part of them, you need to create an account and verify your identity before buying or selling bitcoins.
Buy bitcoins through an ATM.
Some cities around the world offer bitcoin ATMs. You just get your bitcoins through them using local fiat currency. Governments regulate the use of these ATMs for security purposes. Sometimes it can be difficult to find an bitcoin ATM near your location because the location where these are installed is also regulated.