bitcoin is a currency that we can consider to be a virtual currency. Neither this currency is run by any bank nor is it a physical. The introduction of bitcoin is considered to be in 2008 and the credit for its introduction is given to Satoshi Nakamoto.Bitcoin is currently being used the most, and everyone is familiar with bitcoin mining. So in this post you will know what is bitcoin and how to buy.
How to buy bitcoin
Buying bitcoins is not a very difficult task, you just have to keep your bitcoin wallet address ready so that you can buy bitcoins easily .
- Visit Bitcoin official site
- Go to Buy Bitcoin
- The price of bitcoin varies like share market.so the price will show according to usd to Bitcoin
- Enter the Bitcoin wallet address .
- Chosse any of wallet which you have according to operating system Bitcoin Wallet. If you you want to choose mobile wallet then select anyone which wallet you have.
- Bither
- BitPay
- BLW
- BRD
- Eclair
- Electrum
- Mycelium
- Unstoppable
7. Add your email address ( bitcoin will send a code to email you have to verify like OTP)
8.select the payment method credit/ debit card (recommended)
9. Add the biling address
10. And confirm the pay
Note: processing fee or network fee will apply when purchasing BTC
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| Bitcoin Buy Process |
Details about Bitcoin
Bitcoin is a type of cryptocurrency. The special thing about bitcoin is that it is not a physical currency, it is a virtual currency. Which came into existence in 2008.The price of cryptocurrency is like the stock market, you buy and sell bitcoins, then you can have a loss and profit there too.Bitcoin prices rise and increase every day, the way to earn money from bitcoin is called bitcoin mining.
investment in Bitcoin ( Legal or Illegal)
The investment of bitcoin cannot be called wrong. Bitcoin is an investment like a type of trading. Although the government does not have any law to regulate bitcoin as physical currency, but you can invest on bitcoin at your discretion.
Currently there are many types of Bitcoin currency in circulation. You can choose cryptocurrency with low risk with the help of internet.
Conclusion
There is a financial risk in investing in cryptocurrency, so whatever you buy cryptocurrency, do it on the basis of contact with internet or someone with experience.remember this investment in cryptocurrency is a highest Risk and highest earning option.investing in bitcoin is a inreversible investment so if you get loss then you can't do anything. Because there is no any bank or government authorities between you and bitcoin so if any unwanted loss activities happen then noone will hear you.