I want to Buy Bitcoin. What Process ?

in #introduceyourself • 7 years ago

Hello everyone

I m here Hafeez

I want to buy bitcoin. So i want know the process.

So also i want to know the buying and selling process of cryptocurrency Bitcoin and others.

Thanks

#bitcoin #cryptocurrency #blockchain #crypto
7 years ago in #introduceyourself by
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     7 years ago 

    There are lots of informative videos about bitcoin right here on Steemit and on YouTube. Also, check out bittrex, it's like a crytocurrency exchange site. You may want to look into lite coin as well, it is another form of crypto that I feel is a good investment.

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     7 years ago 

    Ohhh thank you so much for response

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       7 years ago 

      I've found coinbase is pretty easy to use and there's less verification required before you can buy crypto currency but the downside is they only offer 3 coins-Bitcoin, Ethereum, and Litecoin. I think they're adding Bitcoin cash in January.

      I use Kraken and Bittrex to buy other coins that aren't offered on coinbase. If you're going to be on Steemit I'd recommend getting a Bittrex account as they're one of the few exchanges that offer STEEM. You can increase your steem power by buying STEEM and transferring it to your steem wallet through Bittrex as well. I've done this a couple of times and it's increased the value of my upvote.

      Hopefully you find what you're looking for in an exchange. Like I said, I have accounts on Coinbase, Kraken, and Bittrex and I use them for different purposes. Check them out and decide which ones are for you and good luck!

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       7 years ago 

      Ohh thanks for the very helpful reply

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         7 years ago 

        Hey Hafeezusman, what country do you reside in? If you're in the united states, then many US citizens flock over to coinbase. However, if you want to get your BTC for lower rates and without the high fees that coinbase impedes on you, then you should consider signing up on Gemini.com instead.
        Another great resource would be Kraken
        If you need further assistance, then feel free to ask me anything!

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         7 years ago 

        Ohhh thanks for helping
        Have a great meeting

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