If you are new toBitcoin acquiring it for the first time can seem daunting. However, once you learn more about Bitcoin you will see that acquiring Bitcoin can be easy and as relaxing as catnap.
This is not the way to acquire Bitcoin if you are new to cryptocurrency. It requires knowledge, special computer hardware, and a willingness to spend money on electricity. If you don’t live somewhere that electricity is cheap this is not the way to acquire Bitcoin.
Buying Bitcoin is the easiest way to acquire Bitcoin. The rest of my article will explore howtobuyBitcoin.
Option 1 BuyBitcoinFrom a Friend or Family Member
In theory, this is the best way tobuyBitcoin. There is no middleman, no fees, and no registration. The only problem is finding that trusted person tobuyBitcoinfrom; if you don’t know anyone who wants to sell their Bitcoin this probably won’t work out.
Option 2 BuyBitcoinfrom a BitcoinATM
A BitcoinATM allows you tobuyBitcoin with cash. It’s also available as long as the location of the ATM is open. However, the fees are substantial and not everywhere in the world has very many Bitcoin ATM’s. For instance, there is only one BitcoinATM in the whole country of Nigeria. Depending on where you live a BitcoinATM may not be an option.
Option 3 BuyBitcoin On a Cryptocurrency Exchange
My recommended Bitcoin exchange is OKEx because it’s well established and offers many different ways tobuy, sell and trade Bitcoin.
You can buy Bitcoin with credit card.
You can buy Bitcoin anytime you want.
You can buy Bitcoin with a variety of different currencies including: Dollars, Euro’s, Rupees, Rubles and more.
The fees are much lower than a Bitcoin ATM.
You will have to take extra time to register on OKE’x site but once you do buying Bitcoin will be very easy.