Chapter 2

Buying, Using, and Selling Bitcoin

IN THIS CHAPTER

Bullet Understanding how to get your hands on Bitcoin

Bullet Looking at the different marketplaces and exchanges

Bullet Using a Bitcoin ATM

Bullet Buying from a Bitcoin exchange

Bullet Doing things with your coin

Bullet Sending and receiving Bitcoin

Chapter 1 of this minibook shows you how this Bitcoin thing works; hopefully by now you have a good idea of how Bitcoin, merely a record in a ledger of transactions, can hold value. That chapter also shows how advanced mathematics and cryptography identify you as the owner of your Bitcoin, and how important private keys are. In this chapter, you begin to understand how to buy and sell Bitcoin.

Warning We suggest that you not buy a lot of Bitcoin until you really understand what you’re doing because of the risks involved: the ...

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