Bitcoin

How And WhereTo Buy Your First Bitcoin

When I first decided to buy myself some bitcoin my biggest problem was in deciding where to buy it from, we all know that there are plenty of scam websites on the internet so I figured that seeing as I didn't understand bitcoin in any way shape or form, how could I possibly know if I was just flushing my money down the toilet?

After doing my due diligence on many companies I concluded that by far the easiest and safest way to get started was to create an account with a company called coinbase. Based in San Francisco, as of November 2016 they have exchanged more than $5 Billion worth of digital currency, have 4.8 Million customers and their service is available in 33 countries.  

Opening an account is simple and free, you then have to supply verification documentation a little bit like you would if you were opening a bank account. Once verified you are able to purchase bitcoin instantly at any time using wire transfers or credit card.

Bitcoin is an innovative payment network and a new kind of money. 

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.

Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system. To learn more about exactly how bitcoin works click here 

How To Create An Account at Coinbase

Buy $100 or more of bitcoin and get $10 of bitcoin free

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