Buying your first bitcoin in 15 minutes

Buying bitcoin is similar to buying foreign currencies. When an American lands in Paris, the fist thing he/she may need to do is exchange dollars for Euros. While at the airport, it's likely he/she will be able to fid a currency exchange to help. Just as there are many exchanges for exchanging government currencies, there are many exchanges for exchanging bitcoins.

Today there are markets for exchanging bitcoin with most of the world's major currencies. Most of them are online markets through which you can connect your bank account or credit card. There are some markets where the buyer and seller meet in person to exchange by hand. For the more technical users, private markets exist on chat forums where anonymous ...

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