After acquiring a basic knowledge of what bitcoin is and the way the wallet really work, you really should get into the digital currency world and get some bitcoin for yourself. Thus the big question arrives to your mind: How do I get bitcoins?
Becoming difficult.
After you get the understanding of the origin of each single bitcoin, which is predicated on a mining process, you’ll think that the best way to get them is by joining this mining process. The thing is, this has become very difficult, because the fast popularity grow of the crypto currency.
Sell products or services.
Every single bitcoin comes as the consequence of a previous transaction. Thus, the best way to get them, when you don’t have any, is by finding a transaction from someone else, when you purchase them using cash or also by mining new bitcoins.
When you know a person, who uses bitcoins, you can ask him/her to obtain bitcoins. In case you don’t know anyone who posses them, you can get bitcoins by offering another kind of transaction with yet another bitcoin user, resulting you getting paid in bitcoins. The choice option is by mining them yourself.
Mining.
If you happen to cannot purchase bitcoin from another person, you can aquire them by mining them. The word mining here means: solving a complex mathematical problem, which intention would be to validate other individuals transactions. In return you’re awarded with bitcoins. Receiving bitcoins may also be free, but a fee may be included for sending them, this will depend on the online platform you use. Before getting into mining bitcoins, you need to understand, that it’s no easy solution to get bitcoins, it requires some tech knowledge, which may not be practical for you.
Buy.
In case, you don’t know anyone who posses bitcoins, you do not have anything to sell to exchange for bitcoins, there’s a solution to buy bitcoins. There’re several online platforms, these sell bitcoins by a process called trading/exchanging. Here I list some ways you can purchase bitcoins:
Buy bitcoins from the person.
There are online marketplaces where one can buy bitcoins in a person-to-person scheme. You can pay these individuals with cash or by different ways. The good think is that you and owner can arrange the payment method: profit person, cash by deposit, bank wire, PayPal, etc. The main element element here is to get someone trustworthy. An excellent tip is using an escrow online service, in this manner it is possible to protect yourself against almost any fraud. download ethlargementpill about these online escrow platform, is that everyone should upload their scanned ID, this guarantees security during the transactions.
Buy bitcoins from an exchange and outlet.
Bitcoin exchanges or outlets are basically online services that make it easier for buyers and seller to accomplish bitcoins transactions. To be part of one of these, all you need is to create an account and get your identity verification before you buy or sell bitcoins.
Buy bitcoins through an ATM.
Some cities all over the world offer physical bitcoin ATMs. You just get your bitcoins through them using local fiat currency. Governments regulate the uses of the ATMs for security purposes. Sometimes getting a bitcoin ATM near where you are may be difficult, because even the positioning where they are installed is regulated.