After acquiring a basic understanding of what bitcoin is and the way the wallet really work, you might want to get into the digital currency world and obtain some bitcoin for yourself. Thus the big question arrives to your mind: How do you get bitcoins?

Becoming difficult.

After Spice get the understanding of the origin of each single bitcoin, which is predicated on a mining process, you’ll think that the best way to have them is by joining this mining process. The thing is, this has become very hard, because the fast popularity grow of the crypto currency.

Sell products or services.

Every single bitcoin comes as 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, once you purchase them using cash or also by mining new bitcoins.

When you know an individual, who uses bitcoins, you can ask him/her to get bitcoins. In case you don’t know anyone who posses them, you can get bitcoins by offering another kind of transaction with yet another bitcoin user, resulting you getting paid in bitcoins. The choice option is by mining them yourself.

Mining.

If you happen to cannot purchase bitcoin from someone else, you can find 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 may also be free, but a fee may be included for sending them, this will depend on the online platform you use. Before getting into mining bitcoins, you need to understand, that it’s no easy way to get bitcoins, it requires some tech knowledge, which might not be practical for you personally.

Buy.

In case, you don’t know anyone who posses bitcoins, you do not have anything to sell to switch for bitcoins, there’s a solution to buy bitcoins. There’re several online platforms, these sell bitcoins by way of a process called trading/exchanging. Here I list some ways you can purchase bitcoins:

Buy bitcoins from a person.

There are online marketplaces where one can buy bitcoins in a person-to-person scheme. You can pay they with cash or by different ways. The nice think is that you and owner can arrange the payment method: profit person, cash by deposit, bank wire, PayPal, etc. The main element element here is to find someone trustworthy. An excellent tip is using an escrow online service, this way it is possible to protect yourself against almost any 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 that make it easier for buyers and seller to accomplish bitcoins transactions. To be part of one of these, all you have to is to create an account and get your identity verification before you can 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 these ATMs for security purposes. Sometimes getting a bitcoin ATM near where you are could be difficult, because even the location where they are installed is regulated.