How To Buy Bitcoin: The Safe And Easy Way HD

How To Buy Bitcoin: The Safe And Easy Way Buy Bitcoin & Ethereum http://bit.ly/2oesV41 Bitcoin & Etherum Storage Wallet: http://bit.ly/2o7BmgW Book Recommendations: http://amzn.to/2pv7kF4 Get One-to-One Consulting https://clarity.fm/ameerrosic Blockchain Training: http://bit.ly/2nGhdn0 Now is a great time to invest in Bitcoin. In this short tutorial, I will show you how to safely and securely purchase Bitcoin Different Ways To Buy Bitcoin Now we‘re coming closer to the acquisition of your Bitcoin. In this part of our guide, we present you several common models that enable you to change fiat-money to digital cash – in Bitcoin. Each model has its own advantages and disadvantages. ATM: Maybe the easiest and most private method to acquire Bitcoins is a Bitcoin ATM. You know it, these machines where you can get money with your card. Some companies like Lamassu produce ATM-machines for Bitcoins, where you can buy Bitcoin with cash. If the operators of these machines wish, they can apply some KYC-rules, from mobile phone verification to biometric methods. On Coin-ATM-Radar.com you find a global map with these machines. Another kind of ATM is to just use an existing net of ATMs, like that from banks or train stations, to sell Bitcoins. This has been done for example in the Swiss, in the Ukraine or in Spain. ATMs mostly have a relatively high fee of 3-6 percent or even more. Gift Cards/Voucher: This is another easy method to buy Bitcoins. You go to a kiosk or some other shop, buy a gift card or a voucher, visit a website, where you can use the code on the card to get your Bitcoin. This method is in use for example in Austria, Mexico, and South Korea. Like ATMs, gift cards mostly charge relatively high fees. Direct commercial exchanges/brokers: These vendors are like the exchange offices you might know from an airport, but digital. They buy Bitcoins on an exchange and sell it to customers. You visit a website, choose your means of payment, pay and get Bitcoins for prices set by the platform. For most of these platforms, you need your own wallet, while some, for example, Coinbase and Circle, give you the option to save and spend the Bitcoins with a wallet they provide. Since you can use a great variety of payment channels, even credit cards, and PayPal, such platforms might be the fastest and easiest way for new users to buy their first Bitcoin. The fees of direct commercial exchanges vary between 1 and 5 percent. Some of them earn money by using the spread between buy and sell. Most demand extra fees for some means of payment like credit cards. P2P-Markets: On P2P-marketplaces buyers and sellers of Bitcoin meet and trade with each other. The fees on these markets are relatively low with 0 to 1 percent; the spread depends on the liquidity of the market and the payment channel. Other than with direct you can not only take, but make an offer: You set a price and wait until someone sells you a Bitcoin. This enables you to buy relatively large am