bitcoin
19
Nov

Buy and Sell Bitcoin

Buy and Sell Bitcoin – How and Where to Buy and Sell Bitcoin.  Most people who are new to cryptocurrency find the process of buying and selling bitcoin confusing.  But, it’s really not that confusing once you get the hang of how Bitcoin works.  You first need to change the way you think about currency, banking, and commerce.  With Bitcoin, there is no central banking system, so you will need to set up an online wallet to store your funds in.  There are several wallets that you can choose from but Coinbase is one of the largest and easiest to set up.

Where to Buy and Sell Bitcoin

Buy and Sell Bitcoin

There will be a small approval time before you are set up and ready to start purchasing Bitcoin.  You should use this time to read up on Bitcoin, the Blockchain and how digital currencies operate; so that you will be more informed when you are ready to begin buying digital currencies.  You can also read our Bitcoin FAQ page to find more answers to commonly asked questions.

After you have been approved, you can make your first Bitcoin buy and be on your way to cryptocurrency investing.  If you signed up for a Coinbase account; you will receive $10.00 in free Bitcoin for your first purchase of $100.00 or more in Bitcoin.  Coinbase can be used to buy Bitcoin, Litecoin, and Ethereum only at the present time.  If you would like to buy other cryptocurrencies, you will need to find out which wallets you will need for those currencies. For example, if you would like to buy Ripple, you can use Bitstamp to purchase and store those coins.

After investing in cryptocurrency, you will no doubt want to track your investments.  This can easily be done by going to Coin Market Cap and viewing the current Cryptocurrency Market Capitalizations.

Buy and Sell Bitcoin

 

 

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