How to buy Bitcoin for newbies and where to store it.

in #bitcoin7 years ago

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With Bitcoin being at a all time high currently,and everyone now on the move to buy this popular CryptoCurrency I just want to help some people who might be new to the Bitcoin crowd.

Places online to buy Bitcoin
coinbase.com
I buy my Bitcoin currently with CoinBase but i only use it for buying purposes not storing purposes,
most all that i know of charge a fee for buying,But the process is simple and instant.

SpectroCoin.com
You can buy $50 or less usually takes 10min or less with time they raise your buying limits if you prove to be
a reliable customer,I think your limits are raised to $200 and within a week you can have your limits at $500 just check into it.

Coinmama.com
This is another source for buying bitcoin ,but i do not know much about CoinMama i do know they are world wide.

Cryptopay.com
Another buying source i do not know much about but like CoinBase this is a great starting point for buying Bitcoin but as i said above i strongly recommend not keeping any bitcoin in their service.

Localbitcoins.com
is an escrow service that helps match Bitcoin buyers and sellers.

Bitcoin Wallets

Xapo
was the very first place i started out with with bitcoin,with the high demand of bitcoin wallets are easy to find the only thing you have to take into consideration is the fees and is the wallet safe.I currently use CoinPayments.net its a nice place to store Bitcoin as well as many other cryptocurrencies and you can also get some free coins with other cryptocurrency coins.

hope this helped some new people
thanks

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@playnpool
You have provided an excellent resource for those who might wish to take the first step in purchasing Bitcoin. Great content!

Love content like this. When first learning this landscape the abundance of information is overwhelming, but this was an easy read and I really appreciate the advice. Upvoted and Followed, please feel free to foolow back.

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