If you already own bitcoin, this article’s not for you – though you’d probably have appreciated it when you were first starting out. This one goes out to anyone who’s yet to dip a toe into the world of cryptocurrency, but is seriously considering it. Over the course of this guide, you’ll discover the best ways to buy cryptocurrency, what to buy, where to buy it, and where to store it.
It’s Never Too Late to Buy Your First Bitcoin
As the adage goes, the best time to get into bitcoin was eight years ago and the next best time is today. With one bitcoin divisible to 100 million places, there’s more than enough to go around, enabling first-time buyers to acquire as much or as little as they please. And don’t feel you’re obliged to buy bitcoin either – there’s a whole world of cryptocurrency out there, including coins with specific features such as maximizing privacy.
Bitcoin Cash
The Bitcoin.com wallet
Some people purchase cryptocurrency for investment purposes, others to facilitate private online purchases, others use crypto as a sort of savings account, and others as a hedge against inflation that is devaluing their national country. There’s no ‘right’ reason to buy cryptocurrency; even if you’re simply curious about the technology underpinning it, purchasing a small amount of crypto is the best way to understand it.
Depending on where you live and who you associate with, you’ll hear a lot about certain cryptocurrencies in particular. In developing nations such as Venezuela and Nigeria, for instance, Dash seems to be unusually popular. Many Asian countries are big on ripple (XRP) and ethereum (ETH). Here are Bitcoin.com, we’re fond of bitcoin cash (BCH), which is cheap and fast to send, but we also enable people to purchase bitcoin core (BTC) and offer a popular mobile wallet that supports both
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