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Author: Admin | 2025-04-28
Wallet because it protects your private keys for you.Compare and choose the best Bitcoin wallet here →2. Get Your First BitcoinYou can get Bitcoin in three different ways. The most common and usually easiest is to buy Bitcoin on a marketplace. But you can also sell a product or service in exchange for Bitcoin.The third way is to earn Bitcoin through Bitcoin Mining. Then you install software on your computer to verify transactions and get rewarded with Bitcoin. However, it’s hard to make money with mining, and it requires great knowledge and a lot of resources.We recommend that you buy your first Bitcoin on a trustworthy exchange. There are many places to choose from, but not everyone is safe and reliable.We will help you choose the best exchange for you. Is it the first time you buy Bitcoin? Do you want to buy Bitcoin instantly with your credit/debit card?You will get help with all this in our beginner’s guide about Bitcoin exchanges. We have reviewed and compared all the best exchanges. There are simple step-by-step instructions. Do you want to buy Bitcoin instantly? No problem →eToro is the Best Bitcoin / Cryptocurrency Exchange. You can buy Bitcoin and cryptocurrency easy, instant and secure. Their exchange platform has received our highest rating. Open an account and start trading now!eToro is the Best Bitcoin / Cryptocurrency Exchange. You can buy Bitcoin and cryptocurrency easy, instant and secure. Their exchange platform has received our highest rating. Open an account and start trading now!Risk Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.3. Secure Your BitcoinsHave you bought Bitcoin? If the answer is no, scroll up! If the answer is yes, congratulations! Welcome to the future financial world where you can be your own bank.The next step is to secure your Bitcoin by taking control of your private keys. Now you need a secure Bitcoin wallet that we helped you with in the first step.When you buy Bitcoin on an exchange, the money (private key) is kept in your account at the exchange. This is risky as the company stores and controls your Bitcoin.The whole purpose of Bitcoin is to control and protect your own money. If you keep your Bitcoin on an exchange, your account may be restricted or blocked. In the worst case, you lose your Bitcoin if the company goes bankrupt.For your Bitcoin to be secure, you need to transfer them from the exchange to a secure Bitcoin wallet. Once you have bought Bitcoin on a marketplace, we strongly recommend that you transfer them to a secure hardware wallet.Read our
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