after you buy. Well, to mine gold you need big powerful machines, a lot of time, and money to buy the machinery. Dollar or Euro, for bitcoins. So it is very hard to buy other coins without first buying bitcoins. Source Physical bitcoins are physical, metal coins with a Bitcoin private key embedded inside. You can usually receive your bitcoins within a couple hours. Here are two examples where users got screwed by leaving bitcoins with a third party: So, do yourself a favor: Get yourself a Bitcoin wallet and control your own coins. Different payment methods deliver your coins at different speeds. Use a Bitcoin ATM, bitcoin ATMs work like a regular ATM, except they allow you to deposit and withdrawal money so that you can buy and sell bitcoin.
Privacy: Keep Your Information Safe! Exchange Rate There is no official Bitcoin price. Long wait times are usually a problem with existing payment systems, not with Bitcoin itself. In order to buy bitcoins, youll need to exchange your local currency, like Dollars or Euros, for bitcoin.
Be Careful with Altcoins gdax buy bitcoin fees What are altcoins? Altcoins are traded globally on hundreds of exchanges. What are cash exchanges good for? Chapter 3 Payment Methods We can both agree that this Bitcoin stuff is confusing. Some brokers offer instant buys with bank transfer, credit card, or debit card. Check Ratings If youre using a peer-to-peer exchange like LocalBitcoins or Wall of Coins, check the sellers feedback. Want to buy BTC privately? Just like any other form of money, you can get bitcoins by requesting from your employer to be paid in bitcoins.