Today bitcoin is in news than ever before. Thanks to its skyrocketing prices & rollercoaster dips, everybody is interested in learning ways how to buy or sell Bitcoin. As many popular type of the cryptocurrency, today Bitcoin is widely accepted all over the world as well as has growing number of usage. Many people are looking for the ways to earn free bitcoin. Before you will get in any of this, you have to know where you can purchase or store it. There’re some steps that you have to take in order to make the first purchase, however, if you are ready and keen to follow, we will teach you how you can earn free Bitcoin.
Even though every step takes a few considerations, here are some main points that you have to think over while it comes about making the first Bitcoin purchase:
- First install offline Bitcoin wallet & set up strong password for protecting it.
- Set up account on Coinbase (its trading platform, if you want extra control).
- Select your most preferred payment mode.
- Buy Bitcoin.
Find good Bitcoin wallet
The digital “wallets” can be used for storing Bitcoin till you are set to spend them and exchange them for other currency. The wallets range in the terms of features, and platforms they are used on, and its security, so it is very important to select one that actually works out for you — although you must probably stay clear of one evangelized.
For getting started, best bet is using wallet that is automatically given to you on recommended exchange, Coinbase. But, it is also the good idea for setting up the wallet that is not linked to exchange to make sure you will have access to the Bitcoin even in an event of the overwhelming traffic and site closure.