Saturday, January 4, 2014

Bitcoin Exchanges & How to Buy Bitcoin

There are numerous Bitcoin exchanges available around the internet, but before you go around shopping for the best price to get your digital currency, do remember to first download your bitcoin wallet: bitcoin.org

You can also opt for an easier storage method, by storing it in online wallets, which you can then retrieve without accessing your computer: coinbase.com

Upon that knowledge, you can now proceed to checkout the following bitcoin exchanges:

www.mtgox.com
www.btc-e.com
www.btcchina.com

These are the biggest and most well-known exchanges, and you should probably do business with them for security reasons.


Bitcoin

A peer to peer payment system that allows one to transmit any amount of  value from anywhere around the world with almost non existent fees.

Benefits:
1. Anonymous and private transactions
2. Low to non-existent fees or transaction costs
3. Ability to transfer any amount to anyone across the globe