How to buy bitcoin - first step for beginners
One of the best ways to get to know Bitcoin is to start and get a few in your “wallet” to learn more about how it works.
Although opinions differ about how difficult and dangerous it is, getting bitcoins is very easy, contrary to what some believe. In many ways, it is probably easier than opening a bank account. And given what's all going on in the banking system, it's often much safer.
Here are the most important things you need to know before you get started: you have to get your software wallet and learn how to receive and send money, learn how to buy bitcoin from a person or an exchange, and then resell it.
Preparation
Getting a wallet is essential before you start. Simply register with one of the exchanges that will host the wallet for you. I know that you will want to have several wallets in the end, and since the exchanges, in the beginning, are still experimental you should start with just one on your computer to get better bitcoin fun. We are now at the beginning and have not yet reached that stage, when we reach it I will advise you to diversify and move your money and coins through several exchanges To make your money safer.
What is the wallet?
It is a way to store your bitcoins. In other words, Bitcoin designed this software. It can be played on your desktop computer or mobile phone,
Bitcoins can also be stored on things like thumb drives.
If you are afraid of being hacked, it would be a good choice.
What you should know about having a Bitcoin wallet on a PC?
You can download the original bitcoin wallet, or client, in your Windows or Mac format. Because they are not just regular wallets, but in fact, they are actually located in a part of the Bitcoin network.
You can see a field where you will copy and paste a number like this from people you want to send money to and thus return it directly to their wallet. You can also generate a QR code that allows someone to take a picture using an app on their phone and then send you a bitcoin.
Bitcoin-Qt
- The original wallet.
- This is a full-featured wallet: create multiple addresses to receive bitcoins, send bitcoins easily, track transactions, and back up your wallet.
- Outside of the time it takes to sync, this is a very easy-to-use option.
- Search for Bitcoin Qt wallet download to find their site.
Armory
- Runs on top of Bitcoin-Qt, so it has all of the same syncing requirements.
- Armory allows you to back up, encrypt, and the ability to store your bitcoins offline.
- Search for Bitcoin Armory Wallet to find their site.
Comments
Post a Comment