The big question is how to get bitcoins.
Once you have a basic knowledge of what bitcoin is and how a wallet really works, you may want to enter the world of digital currencies and get some bitcoin for yourself. So the big question comes to mind: How do I get bitcoins?
To become difficult.
Once you have the knowledge of the origins of each bitcoin that is based on a digging process, you will believe that the best way to get it is by joining that digging process. The thing is that this has become very difficult because the popularity of cryptocurrency is growing rapidly.
Sell 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 get a transaction from someone else when you buy them with cash or also by digging new bitcoins.
When you know 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 by offering another type of transaction only with another bitcoin user, which leads to payment in bitcoins. The alternative is to dig them yourself.
In case you can’t buy bitcoins from someone else, you can get them by digging. The term mining here means: solving a complex mathematical problem whose purpose is to confirm the transactions of others. In return, you receive bitcoins. Receiving bitcoins is sometimes free, but a shipping fee may be included, depending on the online platform you use. Before you start digging for bitcoins, you should understand that this is not an easy way to get bitcoins, it requires some technical knowledge that may not be practical for you.
In case you don’t know anyone who owns bitcoins, you have nothing to sell to exchange for bitcoins, there is a way to buy bitcoins. There are several online platforms, they sell bitcoins through a process called trading / exchange. Here are some ways you can buy bitcoins:
Buy bitcoins from a person.
There are online markets where you can buy bitcoins on a person-to-person basis. You can pay these individuals in cash or otherwise. The good idea is that you and the seller can arrange the method of payment: cash in person, cash by deposit, bank transfer, PayPal, etc. The key element here is to find someone you can trust. A good tip is to use an online escrow service so you can protect yourself from all kinds of scams. The good thing about these online escrow platforms is that everyone has to upload their scanned ID number, this ensures security during transactions.
Buy bitcoins from the stock exchange and store.
Bitcoin exchanges or retail outlets are mainly online services that make it easier for buyers and sellers to make bitcoin transactions. To become part of one of them, all you need to do is create an account and get proof of identity 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 use of these ATMs for security purposes. Sometimes finding a bitcoin ATM near your location can be difficult because even where they are installed is regulated.