How and where to buy Bitcoin and other cryptocurrencies

Share on social networks

Today the fact of buying or selling cryptocurrencies has become too popular, The markets of these digital currencies have grown considerably in the last few years and have gained more and more people’s acceptance.

Sin embargo, many people still don’t know much about Bitcoin or any other cryptocurrency. For those who don’t know much, cryptocurrencies are not regulated or controlled by any bank, government or centralized authority, and they are fighting in many countries so that they can be used as a regulated and legal asset.

In the case of Bitcoin, which is the first cryptocurrency created in history, the one that currently has the largest volume and price in the market, buying and selling is usually more simple than with other cryptocurrencies, based on the simple fact that any exchange platform will have BTC on its list as the main asset, although the transaction fees are a little high.

There are different ways to buy bitcoins, either through buyers and sellers found in forums, groups, social networks, etc., or in a more secure way like using an exchange.

An exchange platform is a website that offers a trading service, where you can create an order to buy or sell with a specific price according to your convenience, or also, buy and sell at market price.

Among the most popular cryptocurrency exchanges, where you can mainly acquire Bitcoin, stand out:

  • Coinbase
  • LocalBitcoins
  • Coinmama
  • Binance
  • Bitmex

To be able to carry out transactions on these platforms, it is necessary to register and verify your profile, in order to avoid crimes such as money laundering.

There are platforms that allow you to store your cryptocurrencies there, so you can sell them when you need to, but you can also send them to an external wallet, either a desktop or hardware, if you need greater security.

When buying cryptocurrency, you can enter the interesting world of digital investment, where you can earn money by trading or storing them for a long time with the aim of obtaining a significant profit over time.

But it is important to mention that the value of cryptocurrencies is very volatile, por que asi como puede incresarse su valor considerablymente, podría llegar bajar a casi zero. Even so, the trend of the last few years has been bullish, although with its constant declines according to various socio-economic factors.

The exchange platforms also allow you to make conversions between the cryptocurrencies that the exchange handles on their platform, so you can not only do dollar-Bitcoin, dollar-Ethereum, etc. transactions, but you can also make transactions like Bitcoin-Litecoin, Bitcoin -Ethereum, etcetera, according to what is convenient.

When talking about cryptocurrencies, it is also important from the topic of security, since hackers are always thinking of ways to defraud people, or simply offering cryptocurrencies and disappearing when receiving payment, hasta to create fake websites of exchangers.

Due to this, it is important to always verify that the website you are visiting is legitimate, observing that the domain name is correct and that it has an active SSL security certificate (https protocol in the address bar), especially clearly, to have an updated antivirus.

Share on social networks

Latest articles

Domina el Desarrollo de Interfaces Gráficas de Usuario con el Course Gratuito en Python Flask y HTML

Learn to create a native desktop application using Python and HTML/CSS/JS. In this free Udemy course, Zenahr Barzani teaches how to create desktop...

How to Create Strategy Video Games in 2023

Share on social networksIn the exciting world of video games, strategy games have achieved outstanding...

Learn to lead projects successfully with this Free Course of Scrum, Agile and Project Delivery!

The free Udemy course, 'Basic Concepts of Scrum, Agile and Project Delivery', is given for SCRUMstudy Certification and offers an introduction to the world...

10 bad photos that, if you post them on Facebook, your account will be blocked

Social networks have become the main way of communication for many users with the whole world, not only with our closest environment. Sin...

Related articles


Please enter your comment!
Please enter your name here