What Is Bitcoin
Bitcoin is a digital currency that you can trade on the blockchain network without any third-party control.
Bitcoin popularity has been rising and spreading over 2021 as people are accepting it in their daily routine more than ever.
Bitcoin was launched back in 2009 by an anonymous person or group known only under the pseudonym Satoshi Nakamoto with no central authority controlling all transactions (like banks).
You can trade bitcoin using digital wallets such as hardware wallets, software wallets, online exchanges, etc.
Where to buy Bitcoin
There are so many ways to buy bitcoin, and the best way is through your research. Online exchanges have a wide variety of trading pairs available for you to trade in, while atm’s lets you convert cash into BTC instantly with just a few clicks on their touch screen. There’s also direct trading–you can find someone willing to sell it directly!
Where to store your coins
Hardware wallets are the safest way to store your digital currencies. By owning both the private key and bitcoin address, you’re able to hold onto all of your information without any worry about malicious software or hackers stealing it from you.
The best type of wallet for storing bitcoins is a hardware one because they keep you in control over everything that’s stored there–private keys included! If someone hacks into an online account, they only have access to what was given up by themselves, but if something were hacked through a physical device like this, then their entire system would be compromised, including backups which can make things very difficult on everyone involved since money could suddenly disappear before anyone noticed
How to use bitcoin?
If you’re thinking of buying bitcoin to spend it, trade with it, or make a purchase in the future, then take some time up front to find out if they accept payment through cryptocurrency, and that will help ensure your transactions are safe.
Three main steps to buy bitcoins:
- Get a bitcoin wallet
- Open an account at one of the crypto exchanges and deposit crypto/fiat.
- Buy Bitcoin
Step 1: Bitcoin Wallet
You can use software or hardware wallets to store bitcoin.
Each option has its pros and cons,
For more info, look at our crypto wallets guide
Step 2: Get a crypto exchange Trading account
Open an account for a crypto exchange – Go to crypto exchange comparison.
Step 3: Buy Bitcoin!
Follow our next comparison table to find the best crypto exchange for your needs.
Bitfinex
Bitfinex is hong kong based crypto exchange that was founded in 2012.
Bitfinex is aiming for all users as well as advanced crypto traders as it ofeers many advaned features such as:
- margin trading
- marging funding
- Customizable interface
- hige Security
- Customizable interface
Binance
Binance was established in 2017, and it’s the largest cryptocurrency exchange in the world in terms of crypto pairs trading volume.
One main advantage that Binance offers is focusing on altcoin trading. If you wish to trade crypto altcoins, Binance can provide you with a wide range of options.
You can trade more than 100 crypto coins and margin trading, p2p trading, and Derivatives, and more.
Binance can be a fantastic option for those who look for a reliable and well-known crypto exchange that offers altcoins trading in addition to popular pairs such as BTC, ETH, Ripple, etc.
Coinbase
Coinbase is one of the largest and most popular crypto exchange in the world, supporting more than 43M verified users from more than 100 countries.
Following the popularity of Coinbase, it offers very high liquidity for crypto pairs and a wide variety of products. If you are looking to trade altcoins, you may find them on the coinbase trading pairs list.
CEX IO
Sex-IO is a trusted and secure crypto exchange platform. Most of the countries supported and can use CEXio as well as 48 US States.
It’s considered a trusted crypto exchange with high security and excellent customer support. In addition, its interface is user-friendly and very easy to navigate.
One more thing is that CEX Io has more minor trading pairs options than other crypto exchanges.
Kraken
Kraken is a US-based popular cryptocurrency exchange. The platform offers trading on more than 50 crypto coins such as BTC, ETH, and other altcoins for buying and selling, margin trading, and futures trading.
You can use Kraken from mobile or desktop and get help when needed from their 24/7 support team.
There are many advantages to using Kraken, and you welcome to visit their site for more information.
gate.io
Huobi
Huobi is a popular cryptocurrency exchange launched in China back in 2013, Now her headquarters are located / Asia / US and Seychelles.
Huobi offers a wide range of crypto exchange options and pairs.
In addition to crypto pairs trading, you can use Houbi to margin trading,
collateralized loans, and more.
Huobi is currently listing 372 crypto assets for trading.
kucoin
KuCoin is a crypto exchange launched in 2017, and It has a solid reputation among cryptocurrency traders.
KuCoin offers low fees crypto trading with a professional trading platform that is friendly for beginners and experienced traders.
Bitfinex
Bitfinex is hong kong based crypto exchange that was founded in 2012.
Bitfinex is aiming for all users as well as advanced crypto traders as it ofeers many advaned features such as:
- margin trading
- marging funding
- Customizable interface
- hige Security
- Customizable interface