Getting Started Series 12 - How to use Bitcoin?steemCreated with Sketch.

in hive-110112 •  4 years ago 

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You can get Bitcoin through the following channels:

  • Buy bitcoins on a bitcoin exchange
  • Exchange bitcoins with people near you
  • Obtain Bitcoin through mining

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Bitcoin is stored in a digital "wallet". A digital wallet is similar to a bank account you use to store U.S. dollars.

Anyone can use Bitcoin just by creating a digital wallet. The wallet can then be used to store bitcoins and send and receive payments.

Bitcoin's payment address is similar to an email address and is a long string of characters. Since its length is difficult to remember, a shortened ID or QR code is usually used to execute transactions.

There are a variety of free bitcoin wallets on the market that meet various needs. For example, you can install a daily-use wallet application on your mobile device, or install a wallet for online payments only on your computer. In any case, choosing and installing a wallet is very convenient. Of course, you can also store Bitcoin on the Bitcoin trading platform.

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Through wallet transfer or transaction platform withdrawal, you can realize the transfer of bitcoins and send bitcoins from one wallet to another.

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