What are the best ways to acquire bitcoins?

0
315
What are the best ways to acquire bitcoins?

With the passage of years, the banking and payment system has gone through numerous changes. First, it was digitalized and shifted to the Internet, and now fiat currency has been replaced by cryptocurrency, also known as a digital currency. Cryptocurrency is the currency of the future, and soon it will fully replace fiat currencies. If you have some spare money, then you must invest it in bitcoin as it is also a great investment and can offer you some fantastic returns. If you want to trade bitcoins, then you must visit here for bitcoin trading.

Bitcoin is a new digital currency for some people as they don’t have enough knowledge about it and have a lot of confusion related to it. One of the biggest confusions is about where you can buy bitcoins. There are several ways to acquire bitcoins, but some of the most secure and efficient ways are mentioned below.

1Purchase them online

If you are looking for an easy and quick way to get bitcoin, then you must buy them online. There are few bitcoin exchanges on the Internet where you can buy bitcoins using different payment methods such as credit cards, debit cards, etc. For purchasing bitcoins online, you need to have a bitcoin wallet. There are mainly four types of bitcoin wallets; hardware, desktop, mobile, and web. You can easily set up any one of them for storing bitcoins. 

Online bitcoin exchanges charge some transaction fee for each transaction you make. So, you need to pay some charges for buying bitcoin from these online exchanges. There are several bitcoin exchanges, but you must select a trusted, safe, and well-reputed exchange.

See More:
Beginners guide for Bitcoin investing from Singapore
We are already into the last months of 2019 and...

2Writing content about bitcoins

There is a massive demand for content related to cryptocurrency on the Internet as several blogs, and online forums need regular fresh and unique content related to bitcoins. If you want to earn some bitcoins without investing any money, then you can write about them and acquire a few. For writing articles about bitcoins, you need to have good knowledge about it and some fantastic writing skills.

The number of bitcoins that you can earn through this way highly depends on the quality of content that you create. The better quality you offer to the blogs and websites, the higher they will pay for the content. So, if you are confident about your writing skills, then you can use this way to earn some bitcoins. 

3Use bitcoin faucet websites

There are numerous bitcoin faucets where you can earn bitcoins in return for doing some simple tasks such as reading books, clicking on a link, filling a survey, etc. These faucets offer only a small number of bitcoins, but it is an excellent way to use your free time. So, if you are free and want to get some bitcoins by doing almost nothing, then bitcoin faucets can be a good option. 

There are few online platforms where you can fill out individual surveys and get paid for them in bitcoins. There are different types of surveys, and you only need to fill them out and submit them on the website. It is one of the most effortless ways to get some bitcoins.

4Use Peer-to-peer platforms

If you want to buy bitcoins directly from the buyer and keep it transparent, then you can use a peer-to-peer platform. There are several P2P trading platforms where you can buy bitcoins using a wide range of payment methods such as bank transfers, PayPal, cash, etc. There are some charges of using these platforms, and it varies according to the different platforms. You must be careful while choosing a trading platform and must consider important factors such as price, reputation, safety, history, etc.

See More:
Laxmi CryptoCoin – Indian Bitcoin ready to Launch
It like demonetisation is not India’s ultimate test with foreign...

5Credit card purchase

A credit card is one of the most common payment methods nowadays, as every person having a well-paid job owns a credit card. You can use a credit card for buying bitcoin on some websites. All you need to do is to enter the number of bitcoins you want to purchase and click on the buy button. On the payment page, you can select the credit card option and complete the transaction by adding your credit card details. You need to know your bitcoin wallet address as you will have to give it to get the purchased bitcoins directly transferred to your wallet.

Share your thoughts

Loading Facebook Comments ...
Loading Disqus Comments ...