10 likes | 49 Views
Look at this infographic and join the best bitcoin advertising network. Adconity is the user friendly advertising network for advertiser and publishers. Also, we share step by step information to buy a cryptocurrency and bitcoin.
E N D
The Process of Buying Bitcoin: A Step-By-Step Cryptocurrency Guide Cryptocurrency When we talk about cryptocurrency, we are talking about any type of digital currency where cryptography is used to ensure the security of transactions. The oldest cryptocurrency is Bitcoin (BTC), which was created in 2009. Bitcoin Bitcoin is just like any commodity; it can be traded, sold, or bought. To operate with Bitcoin, a peer-to-peer technology is required, and that’s what makes it different from the U.S. Dollar. The network generates Bitcoins as a reward for the mining process where transactions in the blockchain are confirmed. This process requires solving mathematical problems and a software that will solve everything. The Mining Process There are different ways to buy Bitcoins. You can go for direct purchases from other people or use digital currency brokers such as GitHub, Coinbase, & Kraken. You will need to store your digital currency in a wallet, which also contains your private key. Creating your Wallet Buying Bitcoin The first thing that you need to do when buying Bitcoins is to create a wallet. The most hassle-free way to do this is by doing it through Exodus, MyCelium, or Coinbase. You just need to go to their website and create an account. Connect Us at : Adconity.com