Nowadays, Bitcoin is one of the most discussed things on the Internet. What caused the interest of people to mining cryptocurrencies? By the fact that it is an independent decentralized currency that represents high value. Who controls it? As such, the effect on Bitcoins are millions of personal computers worldwide. The one who controls it is simply not.
Despite the fact that this currency is impossible to withdraw in the form of real money, like, for example, a dollar or euro, it can be easily exchanged for them. By the way, Bitcoin costs quite expensive. You can make full-fledged purchases, translate into other, user-friendly currency through the exchange services.
How bitcoins are mined
As mentioned above, Bitcoin - the currency is digital, therefore, it is also mined using the computer's computing power. The better your iron, the more bitcoins you can earn in perspective. Some even buy special equipment and create bitcoins extraction farms to provide themselves with a reliable passive earnings.
It is worth adding that not one institution in the world can not affect the value of Bitcoin. That is, no one can print this currency, therefore, it does not depreciate at one unexpected moment. On the other hand, bitcoins can not be stored in banks and other financial institutions, which can be safely attributed to the shortcomings of cryptocurrencies.
Before buying Bitcoin
Like all savings, real or virtual, bitcoins need to be stored in the place specifically allocated for this. As we have already figured out, the bank is not suitable for this business. What to do in this case? Open internet wallet on an authoritative service. There are a set of such a whole, so we will retire neutrality and will not advise some one, but only we will indicate which ones most popular and reliable. Such services can be attributed to BlockChain, Coinbase, Strongcoin with courage, because they have already proven their reliability time.
Buy Bitcoins through the Exchange
Exchange is a place where they trade in various currencies, including Bitcoins. The essence of the system is extremely simple: the user replenishes the account in a specific currency and offers to others, the same users of the service, acquire these funds for another, which is interested in its currency. Here, as on the Internet auctions and trading platforms, there are lots, the principle is extremely similar. Typically, Bitcoin's cost at such a service fully corresponds to its course at a given time.
On the Internet there are many stock exchanges for choosing a user, including domestic. By the way, it is quite calmly you can find such a place where the deal will not take much time, and the use of the resource itself will not cause discomfort. It is worth noting that sometimes on such trading areas the currency requires confirmation of the personality of the user, and on some you can do without identification.
Principle of operation on most stock exchanges:
- Enter money on the stock exchange using any way convenient for you from provided on the site. Most often, users choose QIWI and WebMoney services, because, unlike others, there are no difficulty with them. Accordingly, to transfer money to the site through one of the presented e-wallets, it should be replenished for a start. Fortunately, this is not a problem, because the Internet is full of exchanges. By the way, the service for the translation service is provided on the services themselves.
- After you have made a translation, money should be on your account on the site. It is necessary to take into account the fact that finances do not always come instantly. The next step is to take part in the auction. If you set the price that corresponds to the real rate, then you will not have to wait for a long time and Bitcoin will turn out to be in your account.
- Take the Bitcoin on your wallet.
How to buy bitcoins via internet exchangers
They have already been mentioned in the previous paragraph. As you changed the money of your bank for money of the electronic wallet, you can also act with Bitcoin. By the way, this option is less complicated and does not require anything to buy or sell - all processes are most often fully automated. True, the Commission in such institutions is much higher, so it will have to pay a little more for simplicity than on the stock exchange.
Exchange services on the Internet are extremely many. Some work in automatic mode, and some are in manual. It is worth paying attention to this, because it affects the rate of currency transfer.
Buying bitcoins directly
This option provides for the seller's search and currency exchange without intermediaries. That is, you find the seller and apologize with him about the price. Thus, he must translate bitcoins to your wallet after you throw money in another currency.
This method is quite risky, albeit more profitable for both parties, as there are no commissions, the transaction occurs directly.
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