Investing in Bitcoin can seem complicated, but it is much easier when you break it down into steps. This guide will help you to get started.
When it comes to choosing a bitcoin wallet, you have options. Coinbase is the most popular software wallet available in the United States. It has a website and a mobile application For beginners. Coinbase is the best and easiest place to start because it is connected directly to a bitcoin exchange, which simplifies the buying and selling process. There are also many other bitcoin wallets available. Blockchain.com is another top wallet connected to a bitcoin exchange.
In order to purchase bitcoin, you need to connect your wallet to a bank account, debit card, or credit card. Although these payment methods all perform the same function—exchanging traditional currency for bitcoin—they each carry their own set of fees.
Bitcoin exchanges are online marketplaces where you can trade bitcoin for traditional currencies, say BTC for USD. Just like when you go to make a purchase online, you have a lot of options. Look at the best bitcoin exchanges