Post by afifatabassum on Mar 12, 2024 0:13:59 GMT -8
Short guide for beginners on how to buy bitcoin step-by-step in a simple and safe way. Before proceeding with the explanation, a brief premise is in order: these are not financial advice. Cryptocurrencies are very high-risk speculative assets with the possibility of total or partial loss of invested capital. Ok, after this obligatory disclaimer… how_to_buy_bitcoin ...here's the guide to make sure you don't make any mistakes when purchasing. How to buy bitcoin : The best service currently available to buy bitcoin and other cryptocurrencies in complete safety is Coinbase . Coinbase is an online exchange, i.e. a service that allows you to convert cryptocurrencies into current currencies such as euros or dollars and vice versa, but it is also a wallet of cryptocurrencies and current currencies such as euros or dollars. Be careful because Coinbase, as a wallet, does not give access to your private keys .
This means that the cryptocurrencies held in this Brazil Phone Number exchange are not actually owned by the user but are actually in the hands of the exchange itself. It's a bit like keeping money in the bank: you have to trust. The ideal is to hold a few cryptocurrencies on exchanges, or in online wallets, and create one or more private wallets using local wallets such as Electrum or special keys such as Ledger Nano S which give you control of your private keys. In any case, if you do not invest huge sums and if you are not an expert, Coinbase can also act as a cryptocurrency holder since it is one of the few services whose wallets are insured up to $250,000 in case of system hacking.
First you need to register for free and complete the KYC procedures , i.e. the identification procedures by entering your telephone number and sending a scan of your identity card or driving licence. Among other things, if you sign up using the link above you will receive the equivalent of $10 in bitcoin for free when you deposit the first €100. The next step will be to connect your bank account to Coinbase so you can both send money to Coinbase and send euros from Coinbase to your bank account. To do this, simply go to Settings , then Linked Accounts and finally click the blue Link an account button .
This means that the cryptocurrencies held in this Brazil Phone Number exchange are not actually owned by the user but are actually in the hands of the exchange itself. It's a bit like keeping money in the bank: you have to trust. The ideal is to hold a few cryptocurrencies on exchanges, or in online wallets, and create one or more private wallets using local wallets such as Electrum or special keys such as Ledger Nano S which give you control of your private keys. In any case, if you do not invest huge sums and if you are not an expert, Coinbase can also act as a cryptocurrency holder since it is one of the few services whose wallets are insured up to $250,000 in case of system hacking.
First you need to register for free and complete the KYC procedures , i.e. the identification procedures by entering your telephone number and sending a scan of your identity card or driving licence. Among other things, if you sign up using the link above you will receive the equivalent of $10 in bitcoin for free when you deposit the first €100. The next step will be to connect your bank account to Coinbase so you can both send money to Coinbase and send euros from Coinbase to your bank account. To do this, simply go to Settings , then Linked Accounts and finally click the blue Link an account button .