Bitcoin: The Rise of Virtual Currency

Today, bitcoin is one of the most widely used decentralized virtual currency in the global market. More and more established e-Commerce businesses are accepting this type of cryptocurrency as methods of payment. With a steady rise in stocks and buy rate, analysts can only see a continued rise into the next generation.

And since it was launched in 2009, it has been gaining ground worldwide tremendously and attracted the attention of conventional investors including the black market. The next generation of currency has continued to dominate online markets and businesses up to the present. But despite their user-friendly nature, many buyers are still in the dark of knowing where to buy bitcoins.

 

2 Easy Steps to Buy Bitcoins

For first-time buyers guide, just follow the steps below:

1.) Get a Bitcoin wallet and address

where to buy bitcoinsGetting a bitcoin wallet is just like obtaining a wallet for your physical money that you can put it in your pocket. And in the case of Bitcoins, wallets make it much easier to store and to withdraw bitcoins whenever you need them. What makes the bitcoin wallet safer is that each wallet has its own address, similar to a bank account number. Getting the wallet itself is just as easy. One of the most popular choices is Blockchain, which has provided many bitcoin buyers with highly secure and feature-rich wallets.

2.) Buy Bitcoins

Once you have a bitcoin wallet available, you’re now ready to purchase bitcoins online. But then this is where it gets confusing for many novice buyers – there are many options to choose from, and knowing where to buy bitcoins is just one of them. You either buy them from an online exchange or through a peer-to-peer network. And lastly, buying bitcoins via ATMs can be a bit difficult because there are not many bitcoin ATMs around as they are still a new concept which is slowly gaining popularity.

To learn more about the basics and further tips on where to buy bitcoins, visit the website “How to make money with bitcoin.”