Topic: How to put money in BITCOIN? (Read 167 times)
I am also a newbie and I kept my Bitcoins in Bitcoin wallet. The wallet which I use is a hardware wallet like Trezor or Lezor etc. From my opinion hardware wallet is the best way to keep your Bitcoins.
You need to register an account on one of the exchanges, and through the exchanger to buy bitcoin.
I use the exchange Binance , they have a handy application for Android.
in US - coinbase and robinhood would be one of the easiest ways (accessible thro ios app store)
if you interested in software - better start with https://github.com/bitcoinbook/bitcoinbook
if you interested in software - better start with https://github.com/bitcoinbook/bitcoinbook
For a beginner i would recommend Bitcoin beginner FAQ's
Either use the search function here or check this growing blog : bitcoin beginner questions
They answer questions like :
What is a bitcoin wallet
How to get bitcoin
How does mining work
...
and many more
From there you should be able to satisfy your need for answers with the searchbar on here .
Just take everything with a grain of salt and dont get overexcited !
Cryptos are amazing but dont take up loans to speculate on them.
You can start with just a 1$ today and keep it lowkey if you just cant afford more.
Its still speculativ , even tho im convinced that longterm there is only one way , and thats up !
Either use the search function here or check this growing blog : bitcoin beginner questions
They answer questions like :
What is a bitcoin wallet
How to get bitcoin
How does mining work
...
and many more
From there you should be able to satisfy your need for answers with the searchbar on here .
Just take everything with a grain of salt and dont get overexcited !
Cryptos are amazing but dont take up loans to speculate on them.
You can start with just a 1$ today and keep it lowkey if you just cant afford more.
Its still speculativ , even tho im convinced that longterm there is only one way , and thats up !
Where should I start in putting my money in BITCOIN
first of all I suggest:
to study a lot
to understand blockchain technology
to understand that it is a currency that's very volatile so that maybe you will have to hold your bitcoins for a while, so that if you need money next month maybe you wont get back all the money you put in bitcoins
So a good option is blockchain.info, where you can exchange fiat money for bitcoins or ethereum
or Coinbase.com
remember: Don’t put any money into bitcoin that you can’t afford to lose.
Have a good journey in cryptoland!
Find an exchange that is supported in your country and that supports the type of purchasing method you want--bank transfer, credit card, in-person, etc. You don't want to hold your coins on the actual exchange's site, however, therefore download a wallet so you can transfer the coins you bought into it. Will you be hodling or trading? if you're just hodling, try a hardware wallet like trezor or nano s, these keep your coins offline. If you are going to be trading, perhaps you'll need something with a little more liquidity like a desktop wallet such as electrum or jaxx(can also be downloaded on mobile). Do some research on wallets and exchanges before you invest, that said, those are the steps to "put money into bitcoin."
Select your country and your payment method and this website will list the exchanges that support it:
https://www.buybitcoinworldwide.com/
https://www.buybitcoinworldwide.com/
You can convert fiat to btc on different exchange sites.
Where should I start in putting my money in BITCOIN
You need to start researching on what are the local exchanges that you can use on your country. If there's none then you can look for one on https://bitcoin.org/en/exchanges and see what suits you best. And when you are ready then just follow the method or instructions by purchasing bitcoin through fiat or credit cards.
Did anybody use DSX for deposit? I heard it's best way for put money in crypto currency
Include the name of your country plus your preferred payment method so that others as well as me can give you other options.
For now I can only recommend https://localbitcoins.com since it has a variety of payment options as well as supported countries.
For now I can only recommend https://localbitcoins.com since it has a variety of payment options as well as supported countries.
Where should I start in putting my money in BITCOIN
What exactly what you wanted to know?Do you want your money to convert into bitcoin?
Anyway, you can convert your money or buy bitcoin, but you need a wallet first. as a sample, you can use coinbase as your bitcoin wallet.
Check this https://support.coinbase.com/customer/en/portal/articles/1392031-what-countries-are-buys-and-sells-available-in-
If your country is one of the supported you can buy bitcoin via banks or credit cards.
Since you are beginner you must read this sticky thread where you can learn more about important information.
check it here https://bitcointalksearch.org/topic/newbies-read-before-posting-1689727
Also, you can exchange and deal with someone near you if you wanted to exchange your money for bitcoin here on forum https://bitcointalk.org/index.php?board=53.0
Hello and welcome!
As a newbie, the best option will be ios wallet (breadwallet is the best in my opinion). If you do not have android will work too but ios is safer
But the safest option for storing bitcoins is hardware wallet like Ledger, Trezor or KeepKey
Hope this will help
As a newbie, the best option will be ios wallet (breadwallet is the best in my opinion). If you do not have android will work too but ios is safer
But the safest option for storing bitcoins is hardware wallet like Ledger, Trezor or KeepKey
Hope this will help
Where should I start in putting my money in BITCOIN
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