How And Where You Could Get Bitcoins

A lot of people always ask “how could I get bitcoins” or “where could I get bitcoins.” Bitcoin is not a real currency that you can find anywhere. It is considered as a cryptocurrency, and also decentralized as a digital currency. This type of currency uses a peer-to-peer kind of technology to operate, and it has no central banks or authority. Moreover, bitcoins are not easy and impossible to inflate or counterfeit. And also, bitcoins cannot be refunded or reversed. But, always aware that buying bitcoins online with credit or debit cards will result in higher fees. It is because there are higher processing and transaction fees with a risk of fraud.

You can Buy Bitcoins through Online Transactions

Yes, you can earn or buy bitcoins through online. But first, you need to have a bitcoin wallet downloaded. This software can allow individuals to receive, store, and send funds to their so-called bitcoin network. You can either use the types of bitcoin wallets via mobile, desktop, hardware, or web. After you download the wallet, set an account for the cryptocurrency exchange approved by the wallet provider. They accept credit cards or bank transfer payments, and also other transactions through PayPal payments. There are many other crypto exchanges with reputable and popular exchanges. It includes Coinmama, Bitstamp, Bitfinex, and Coinbase.

Buying in Person

If buying bitcoins in person, you can use websites like Coin ATM Radar. It can help you locate a Bitcoin ATM that works as the same as a regular ATM but rather exchange your cash to bitcoins. You can also use the websites LibertyX, Localbitcoins, and Paxful. These websites can also help you find retail stores, bank branches, and people that want to trade bitcoins for cash, in person.

In the End

If you want to exchange your cash for bitcoins, you can use the Bitcoin Superstar App. Thus, this gives you information as well as finding some individuals or websites that can exchange bitcoins for cash.

 

Dawn

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Dawn Malicdem is a graduate of AB Communication Arts in De La Salle University. She is a media enthusiast, journalist and a photographer. She also plays golf during her free time.