After acquiring a basic understanding of what bitcoin is and the way the wallet really work, you might want to enter the digital currency world and get some bitcoin on your own. Thus the big question arrives to your mind: How do you get bitcoins?
Becoming difficult.
After you get the understanding of the origin of every single bitcoin, which is predicated on a mining process, you’ll think that the best way to get them is by joining this mining process. The thing is that, this has become very hard, because the fast popularity grow of the crypto currency.
Sell products or services.
Every single bitcoin comes because the consequence of a previous transaction. Thus, the way to get them, when you don’t have any, is by finding a transaction from someone else, when you purchase them using cash or also by mining new bitcoins.
When you know an individual, who uses bitcoins, it is possible to ask him/her to obtain bitcoins. In case you have no idea anyone who posses them, you will get bitcoins by offering a different type of transaction with yet another bitcoin user, resulting you getting paid in bitcoins. The choice option is by mining them yourself.
Mining.
In the event you cannot purchase bitcoin from someone else, you will get them by mining them. The word mining here means: solving a complex mathematical problem, which intention would be to validate other individuals transactions. In return you’re awarded with bitcoins. Receiving bitcoins is sometimes free, but a fee could be included for sending them, this will depend on the online platform you use. Before engaging in mining bitcoins, you must understand, that it’s not an easy solution to get bitcoins, it needs some tech knowledge, which may not be practical for you.
Buy.
In case, you don’t know anyone who posses bitcoins, you do not have anything to sell to exchange for bitcoins, there’s a way to buy bitcoins. There’ Bitcoin Cash Developer Guide , these sell bitcoins by way of a process called trading/exchanging. Here I list some methods for you to purchase bitcoins:
Buy bitcoins from a person.
There are online marketplaces where you can buy bitcoins in a person-to-person scheme. It is possible to pay they with cash or by different ways. The good think is that you and owner can arrange the payment method: profit person, cash by deposit, bank wire, PayPal, etc. The key element here is to find someone trustworthy. An excellent tip is utilizing an escrow online service, this way you can protect yourself against any kind of fraud. The great thing about these online escrow platform, is that everyone should upload their scanned ID, this guarantees security through the transactions.
Buy bitcoins from an exchange and outlet.
Bitcoin exchanges or outlets are basically online services which make it easier for buyers and seller to accomplish bitcoins transactions. To be part of one of these, all you need is to create an account and get your identity verification before you buy or sell bitcoins.
Buy bitcoins through an ATM.
Some cities around the world offer physical bitcoin ATMs. You just get your bitcoins through them using local fiat currency. Governments regulate the uses of the ATMs for security purposes. Sometimes finding a bitcoin ATM near your location may be difficult, because even the location where these are installed is regulated.