This is very easy to say, but you should be careful and download only the original wallet, if possible verify the file before installation, and be sure that the device on which the wallet will be installed is clean of viruses and malware. Otherwise, the investment may end up having a bitter taste.
Some tutorials to use Electrum wallet safely. Yeah, saying is easier than applying these tutorials in practice with Electrum wallet, but if anyone want to own bitcoin, store it in their open source and non custodial wallet, for instance, Electrum, have to do these steps for safety of Bitcoin fund.
Topic: Buying bitcoin - page 2. (Read 284 times)
Create a wallet such as Electrum and secure the recovery seeds.
~snip~
~snip~
This is very easy to say, but you should be careful and download only the original wallet, if possible verify the file before installation, and be sure that the device on which the wallet will be installed is clean of viruses and malware. Otherwise, the investment may end up having a bitter taste.
Every beginner should learn a lot before investing in BTC, and even that first investment should be relatively modest, because it is much easier to lose $50 than $500 or more. Learning from your own mistakes is the most expensive.
You can buy Bitcoin in an exchanges which you can choose from your research. You can use Binance, KuCoin, Bitget, Bybit, or else to buy Bitcoin or you can use your local exchanges based on your country so that give an easiness to you when you want to buy Bitcoin. But you need to verify your account after you register.
After the buy process, you can send Bitcoin to separate wallet such as Electrum or others. You can use https://bitcoin.org/en/choose-your-wallet as your preference to choose the wallet. You don't need to store your Bitcoin in an exchanges but keeping that in other wallet that you can fully control.
Hold you Bitcoin in Electrum or others will be better because you don't have to worry if the exchanges having a problem.
After the buy process, you can send Bitcoin to separate wallet such as Electrum or others. You can use https://bitcoin.org/en/choose-your-wallet as your preference to choose the wallet. You don't need to store your Bitcoin in an exchanges but keeping that in other wallet that you can fully control.
Hold you Bitcoin in Electrum or others will be better because you don't have to worry if the exchanges having a problem.
Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start
Buying crypto is fairly simple process.Create a wallet such as Electrum and secure the recovery seeds.
Then create an account in an exchange such as Binance and coinbase then verify your identity by providing KYC documents and then deposit fiat then use it to buy BTC and then move the Bitcoin to Electrum.
Things you need to be careful for beginners, avoid unknown exchanges like google results shown to of names which mostly never heard off likely to scam money then also avoid P2P trading which is risky when you are not experienced in choosing the right, trusted traders.
You can purchase your Bitcoin from exchange market but for you to have the access to exchange market, you must download solid exchange app and wallet, because after purchasing Bitcoin through exchange market, you will use your wallet to hold the Bitcoin for long term but make sure you keep your seeds phrases safe in case you want to make use of them. There are many exchange app you can use to purchase Bitcoin or other cryptocurrencies and hold but I will advice you to make use of Binance app, because is very easy to operate and is difficult for you to experience missing of coins in Binance app. It will be good for you to know the type of wallet you can use to hold your Bitcoin, because there are some wallets are not solid for holding Bitcoin for long term which I will not advice you to make use of such wallet, Electrum wallet is the best for holding Bitcoin for long term and you will be comfortable with your Bitcoin in your wallet.
Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start
Choose your Bitcoin wallet https://bitcoin.org/en/choose-your-walletSome recommendations on Bitcoin wallets https://www.lopp.net/bitcoin-information/recommended-wallets.html
Find where you can buy bitcoin.
https://bitcoin.org/en/resources#directories
General Bitcoin information & resources.
You can always buy bitcoin from crypto exchanges or from a friend who wants to sell in exchange for your cash; you can also buy from a bitcoin ATM machine. It all depends on which one you think will be best for you.
We have DEX exchanges that don't require the use of your personal data; you can just use the service without needing to pass KYC. We also have centralised exchanges where you will have to pass KYC; the information required will be based on your jurisdiction and its regulation.
For a Bitcoin wallet, after a successful buying, it's best you send your coin to a wallet where you will have access to your key (not your key, not your coin). You can go for open-source wallets that are recommended here in the forum, wallets like Electrum, BlueWallet, Sparrow, etc. They are all Bitcoin wallets.
We have DEX exchanges that don't require the use of your personal data; you can just use the service without needing to pass KYC. We also have centralised exchanges where you will have to pass KYC; the information required will be based on your jurisdiction and its regulation.
For a Bitcoin wallet, after a successful buying, it's best you send your coin to a wallet where you will have access to your key (not your key, not your coin). You can go for open-source wallets that are recommended here in the forum, wallets like Electrum, BlueWallet, Sparrow, etc. They are all Bitcoin wallets.
Good day. In connection with the latest events in the growth of Bitcoin, this topic has become of interest. Tell us where you can buy bitcoin, create a wallet and where to even start
Jump to: