How to trade and buy cryptocurrency bitcoin
If you decide to buy the virtual currency bitcoin, much good luck and good luck,, but how do you actually start, how do you buy bitcoin at the initial stage?
You have to get a bitcoin wallet.
In order for you to hold bitcoin itself, you actually need a wallet, the wallet is just like software that helps manage, for example, emails.
Once you install the wallet software that your company will receive a bitcoin address, each wallet provides the bitcoin address differently, but in the end it is a thread of letters and numbers that begin with the digit 1 or 3.
It is actually an address that you provide to people or companies in order to send you bitcoin.
What types of wallets are there when we buy bitcoin?
Actually, there are some wallets, there are mobile wallets, they usually come as an app, in which case bitcoin will be kept on your mobile.
If you lose your mobile or it is stolen, you will also lose control of bitcoin itself.
The use of this wallet is less recommended because of its tendency to be destroyed or stolen, so it is recommended to use it only in case it is small amounts.
There is also a wallet on the desktop that keeps bitcoin on your computer.
In this case, there is a danger that in the event that your computer is infected with any virus, they may be able to steal your bitcoins remotely, also, if your computer is broken or destroyed, your access to bitcoin will be lost.
In addition, there is a hardware wallet, a hardware wallet is a physical product on which bitcoin is kept, the advantage of which it cannot be hacked remotely, must connect the wallet to the computer in order to hack it.
The only downside is that if it is stolen or lost, you will also lose your bitcoin.
It also costs money as opposed to the other wallets, and is the safest way to keep your bitcoins.
In the vast majority of wallets that exist today, the wallet will provide you with a sequence of words designed to back up your wallet.
In the event of destruction or theft, you can recover your bitcoins to another wallet by the lime, only if the theft has not yet been able to transfer them to another wallet.
Another lime owner is highly recommended to keep the lime in a secret and secure place, because those who have access to it will be able to have full control over your bitcoins.
How do you buy bitcoin?
- nowadays there are four ways to buy bitcoin in the country, there's the beats of gold, which acts as a money changer, as you go to the property, and you switch the money to dollars, so you can convert your money into bitcoin.
In order for you to buy on the site you have to go through the process of confirming identity and then make a payment by bank transfer or credit card.
- There's also B.C.
B.C , a trading platform that brings together bitcoin buyers and sellers.
Is the process of confirming an identity before depositing the funds and its use, can be paid by bank transfer or credit.
The advantage of it is that you can find people who are willing to sell for less than the market price, whereas occasionally you can't find sellers at all if you purchase bitcoin there, it's important to pull it off the site to your wallet.
- ATM (for buying bitcoin)
this is a machine where banknotes can be entered and will send youbitcoin to your wallet address.
The ATM is basically managed by a BOG ROPE and charges a 5 percent commission on the service.
- Face-to-face shopping, there is a facebook group called bitcoin trading.
The group allows people to post buy-and-sell requests in most cases, the seller will post how much he wants and at what gate, after which he will schedule a physical encounter, this method is less recommended.
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