May the concept of Cryptocurrencies is new for you! if so we recommend you to read the full article “What is cryptocurrency” However you can use the following quick guide to learn about the easiest and fastest way to get Bitcoins, exchange and use them
A Quick introduction to Bitcoin
Bitcoin has been operational since 2009 without any interruption and it’s impossible to counterfeit or inflate, it has been used to send and receive money at very low cost with anyone anywhere in the world. You can get bitcoins by accepting them as a payment for goods and services or by buying them from a friend or someone near you. You can also buy them directly from an exchange with your bank account.
A Bitcoin transactions must be confirmed at least once but preferably 6+ times before becoming validated and ones validated they cannot be reversed or refunded. You should only deal with businesses or people you trust. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.
Step#1: Get a Wallet
To be able to transact with bitcoins and other cryptocurrencies you need a wallet, it refers to a software that allow you to access, send and receive cryptocurrencies
Several types of wallets are available and it depend on what operation you’ll use it for! If you are familiar with this concept then go to next step otherwise click on: Cryptocurrency-wallets guide to get more explications
Step#2: How to get Cryptocurrencies
2.1 You can Buy or trade them
The fast way to get bitcoins is to buy it directly using a credit card or debit card, payment app, and bank transfer. The following is our selected options to get a wallet:
- Paybis: Buy cryptocurrencies instantly with best price and 24/7 customer service
- Binance: is the best place to buy, sell, trade and hold cryptocurrencies and also it is trusted by 28.6 million users (as of October 2021) with the biggest liquidity ($7.7 trillion) across multiple crypto- pairs
- Bybit: A cryptocurrency spot and derivatives exchange offering many card payment options
- Blockfi: They have low fees and manage over $10b in assets, borrowing money and offering rewards visa card. Also if you join now you will get a sign-up bonus of $10 to $40
- Coinmama: A respectable company working since 2013 with over 1M users
- Localbitcoins: This is a person to person place to trade but only bitcoins (Look for good deals near you!)
- Other exchanges: We’ve compiled an extensive list of secure places where to fund your Wallet FAST
2.2 You can Mine some of them
Mining bitcoins is another way to get Bitcoins, it requires an investment in specialized hardware designed to process verification at high speed. “It is important to point out that bitcoin mining is highly competitive and risky” You may want to leave it to professionals with Bitcoin cloud mining services
2.3 You can get paid and earn them
We consider this the best way to get bitcoins (or other alt-coins) which is get paid for offering a services or sell a product and in order to avoid any payment issue, you should give your customers many options to pay you.
- Get paid for jobs you can do with “Jobs4Bitcoin”,
- Get free bitcoins that are provided by sponsors (We’ll write a separate article)
Step#3: One place to collect your payments
After having created your wallets, now you can receive cryptocurrencies from your friends, family members, customers or anyone who wants to send you money, you need just to give the the appropriate wallet address. However, by time, you may finish with having so many wallet addresses to remember and find it difficult to enter them each time you need a payment! The following are some good tested and secure solutions to gather your wallet addresses and payments methods all in one place.
3.1 Main Option
- Sign up here then login to your account.
- Click on settings in the menu then on Payment Settings and enter your wallets where you want to receive payments and donations
- After that click on “Add Key” button to generate an API key
- Now if you want to be paid a fixed value, then Click on Payment tools in the menu then on Payment link and create your link (click to see an example) Otherwise if you want to receive donation without fixing values, then Click on Payment tools in the menu then on Donations and create your link (click her for an example).
- After that you can also add a button (see just above) or a widget to your blog (see just below)
3.2 Alternative options
- Coming soon!
Additional materials that may help you: (Coming Soon)
- What Is Cryptocurrency
- The Types Of Cryptocurrency Available
- How To Open An Account To Invest
- Strategies To Invest
- How To Collect More Bitcoin
- Why Buy Cryptocurrency?
- Are There Any Drawbacks?
- The Future Of Cryptocurrency
We hope this article helped you to get started with bitcoin and cryptos
If You liked this article then we invite you to share it and, if not yet subscribed, to register to our newsletter for updates