What is Bitcoin and How to Buy Bitcoin

Bitcoin (₿) is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its source code was released as open-source software. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products,Services. HOW TO BUY BITCOIN Buy Bitcoin isn’t something you go to a store or Bank to get, as it is not actually a visible currency but a kinda internet recognized currency all over the world. In other to buy Bitcoin, you will have to open a wallet. This wallet is where the Bitcoin is kept and where you can run your transactions(such as buying Bitcoin, transferring Bitcoin and selling Bitcoin. There are several Bitcoin wallet you can open for free, today we will be talking about 4 of this Bitcoin wallet. They are listed below 1. Blockchain Wallet. 2. Paxful Wallet. 3. Coin Base wallet. 4. LOCAL BITCOIN WALLET. BLOCKCHAIN WALLET

Blockchain is one of the Biggest and most use Bitcoin wallets. It has the best security system that it becomes so stressful to its users. One other disadvantage it has is that getting help from thier Customer care Service can take weeks if not months, but it’s a very secure wallet. Blockchain wallet Click on the link to create a Blockchain account. PAXFUL WALLET

Paxful wallet is a simple wallet to use and it also have a very strong security to keep users Bitcoin safe. It also allows access to every country that has approved the use of Bitcoin. Paxful Wallet Click the link to create a Paxful accout. COINBASE WALLET

Coinbase Wallet also easy to use, easy to register and gives users a easy access to thier wallets. COINBASE Wallet Click the link to create a Coinbase Wallet. LOCAL BITCOIN

This is probably the easiest wallet to use of all the wallets out there, quick registration and also quick buy and sell Bitcoin. Local Bitcoin Click the link to create a local Bitcoin account. Hope this guide was helpful in understanding Bitcoin and how to buy Bitcoin? If you still have any questions please feel free to drop a comment.