After acquiring a basic understanding of what bitcoin is and how the wallet really work, you really should get into the digital currency world and obtain some bitcoin for yourself. Thus the big question arrives to your mind: How do you get bitcoins?
Becoming difficult.
After you get the knowledge of the origin of each single bitcoin, which is predicated on a mining process, you’ll think that the best way to have them is by joining this mining process. The thing is that, this has become very hard, as the fast popularity grow of the crypto currency.
Sell products or services.
Every single bitcoin comes as the consequence of a previous transaction. Thus, the best way to get them, when you haven’t any, is by receiving a transaction from someone else, when you purchase them using cash or also by mining new bitcoins.
When you know a person, who uses bitcoins, you can ask him/her to obtain bitcoins. In case you don’t know anyone who posses them, you can get bitcoins by offering a different type of transaction with just another bitcoin user, resulting you getting paid in bitcoins. The choice option is by mining them yourself.
Mining.
Just in case you cannot purchase bitcoin from another person, you may get them by mining them. The term mining here means: solving a complex mathematical problem, which intention would be to validate other individuals transactions. In return you’re awarded with bitcoins. Receiving bitcoins may also be free, but a fee may be included for sending them, it depends on the online platform you utilize. Before engaging in mining bitcoins, you need to understand, that it’s not an easy way to get bitcoins, it needs some tech knowledge, which might not be practical for you personally.
Buy.
In case, you do not know anyone who posses bitcoins, you do not have anything to sell to exchange for bitcoins, there’s a solution to buy bitcoins. There’re several online platforms, these sell bitcoins by a process called trading/exchanging. Here I list some methods for you to purchase bitcoins:
Buy bitcoins from a person.
There are online marketplaces where one can buy bitcoins in a person-to-person scheme. It is possible to pay these individuals with cash or by other ways. The good think is that you and owner can arrange the payment method: cash in person, cash by deposit, bank wire, PayPal, etc. The main element element here is to get someone trustworthy. An excellent tip is utilizing an escrow online service, in this manner you can protect yourself against almost any fraud. The good thing about these online escrow platform, is that everyone should upload their scanned ID, this guarantees security during the transactions.
Buy bitcoins from an exchange and outlet.
hardware or outlets are basically online services that make it easier for buyers and seller to accomplish bitcoins transactions. To participate one of these, all you have to is to create a merchant account and get your identity verification before you buy or sell bitcoins.
Buy bitcoins through an ATM.
Some cities all over the world offer physical bitcoin ATMs. You merely get your bitcoins through them using local fiat currency. Governments regulate the uses of the ATMs for security purposes. Sometimes getting a bitcoin ATM near your location may be difficult, because even the positioning where these are installed is regulated.