How to Get Bitcoin: A Guide to Getting Bitcoin

What is Bitcoin?

The concept of Bitcoin was first proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009. The open source software designed and released based on Satoshi Nakamoto's ideas and the P2P network built on it. Bitcoin is a decentralized virtual encrypted digital currency that implements a payment system through point-to-point transmission.

To obtain Bitcoin, you first need to have a Bitcoin wallet. You can buy one or download one. The following are several ways to obtain Bitcoin:

Mining:

Currently there are two main ways to mine Bitcoin, the first is hardware mining, and the second is cloud computing Power mining.

By downloading the Bitcoin client software on their computer and connecting to the Internet, users can start mining. However, as the total amount of Bitcoin gradually increases, computer mining becomes more difficult.

Bitcoin miners use hashing algorithms to perform calculations to obtain a constant number of Bitcoins. Over time, as the number of miners increases, the supply of Bitcoin gradually decreases.

Buy coins:

If you don’t want to mine, you can choose to buy Bitcoin on a regular trading platform. However, please note that the trading price of Bitcoin fluctuates greatly. You must be cautious when trading and be aware of the risks involved.

Download the exchange’s software on your mobile phone, bind the payment method, and then you can buy Bitcoin and wait for it to appreciate in value. This method is similar to stock trading and is called currency trading. It is the most direct way to obtain Bitcoin.

Contract trading is similar to spot trading and can be long or short. Contract trading is usually done to earn the difference in Bitcoin prices, rather than directly earning Bitcoin itself.

The editor would like to remind investors that if they choose to purchase Bitcoin directly, they must choose a reliable Bitcoin exchange (domestic recommendation is to use Ouyi , Binance), generally speaking, such a Bitcoin exchange can not only provide investors with Bitcoin trading channels, but also ensure the security of investors’ accounts. It is the basis of investment for investors. Of course, if you choose to mine To obtain Bitcoin by mining, investors must choose the mining machine that suits them. After all, there are many mining machines on the market, and even the same brand has many types of mining machines, so investors must choose the mining machine that suits them. At this time, you must choose the one that suits you, and don’t blindly covet whether it is the latest and most expensive.

The following are additions from other netizens

Bitcoin is a cryptocurrency based on blockchain technology. Due to its decentralization, anonymity and other characteristics, it has attracted the attention of many investors. . So, how to get Bitcoin? This article will introduce several common methods of obtaining Bitcoin.

1. Mining

Mining is the earliest method of obtaining Bitcoin and one of the ways in which Bitcoin is generated. Mining is the process of using a computer's computing power to solve complex mathematical problems in order to obtain Bitcoins as a reward. However, with the development of the Bitcoin network, the difficulty of mining has gradually increased, and individual mining is no longer cost-effective. Large mining farms and professional mining equipment are usually required. Therefore, for most ordinary users, mining is no longer the main way to obtain Bitcoin.

2. Purchase

Purchasing is currently one of the most common ways to obtain Bitcoin. Users can purchase Bitcoin through a Bitcoin trading platform or exchange and then store it in their own Bitcoin wallet. There are many ways to buy Bitcoin, either using fiat currencies such as USD, EUR, etc. or exchanging them using other cryptocurrencies. It should be noted that when purchasing Bitcoin, you must choose a reputable, safe and reliable trading platform.

3. Accept Bitcoin Payments

Accepting Bitcoin payments is also a way to earn Bitcoins. More and more merchants are beginning to accept Bitcoin as a payment method, and users can price their products or services to accept payment in Bitcoin. In addition, there are some websites that provide services in the form of tasks or questionnaires, and users can receive Bitcoin as reward after completing the tasks.

4. Bitcoin money-making websites

There are some Bitcoin money-making websites on the Internet. Users can earn Bitcoins by completing some tasks or browsing advertisements. However, it is important to note that some websites may be risky and may present scams or false promises. Therefore, be careful when choosing a website to make money with Bitcoin and choose a legitimate and trustworthy platform.

5. Bitcoin Airdrop

Bitcoin airdrop refers to a project or platform that distributes a certain number of Bitcoins to users for free during the promotion process. Users can obtain free Bitcoins by participating in project activities, registering an account, or meeting certain conditions. However, Bitcoin airdrops are uncommon and the amounts obtained are usually smaller.

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