CHAPTER 6

How to Get Started on Bitcoin

Get Started on Bitcoin

The exponential growth of bitcoin in 2017 and emerging of numerous altcoins caught attention of people worldwide. If you have set your mind on bitcoin, then the upcoming chapters will provide more information about it from various perspectives such as end user, miner, investor, trader, or may be creator of another altcoin.

What Are the Various Methods to Own Bitcoins?

Various methods to own bitcoins is via buying, exchanging, or mining.

The most straightforward method to own bitcoins is via bitcoin exchange. Users can buy or sell bitcoins from the bitcoin exchanges using their local currency. Coinbase is one of the well-known digital currency exchanges to do so. One requires a coinbase ...

Get Understanding Cryptocurrencies now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.