Last time we went through the various ways that you can get hold of some crypto currency and Bitcoin. In this article, I am going to take you through the most common method of getting bitcoins. Purchasing them with fiat currency!
Buying bitcoins can be harder than you might initially expect as the industry is still in it’s fledgling years. However, there are still many different ways, so let’s take a look at each of them in turn.
In the last article we explored the different types of Bitcoin wallet and took a look at some recommendations for each of them. However, having a new fangled digital wallet isn’t all that exciting if you don’t have any bitcoin to store in it!
In this article, we are going to explore the different ways that you can get hold of bitcoin (and by extension, other crypto currencies too).
There are four main ways that you can get hold of crypto currency and bitcoin:
- Be given a small amount via a tip or from a faucet
- Mine as part of a mining pool
- Earn bitcoin as payment for work under taken
- Purchase bitcoin directly
Let’s explore each of these in more detail…