Digital currency Bitcoin is used to make online payment, Store value and transfer funds. Here are some points how you can use bitcoin
-
Get a Bitcoin Wallet
First step you should do is to get Bitcoin wallet, where you can store your Bitcoin securely also send and receive the bitcoins. Various types of wallets are available like mobile, web, desktop and hardware wallet.
-
Buy a Bitcoin
Once you have Bitcoin wallet, then you can buy Bitcoin from any cryptocurrency exchange using traditional payment methods like credit, debit card, paypal.
-
Send & Receive Bitcoin
You need to have recipients Bitcoin address to send Bitcoin, Bitcoin address includes long string of letters and numbers. You can also receive the Bitcoin by sharing your bitcoin address to others.
-
Store Bitcoin
You can store Bitcoin in your di let, to secure your Bitcoin in wallet you can use strong password for your digital wallet.
-
Spend Bitcoin
You can also use Bitcoin as a payment at some merchants stores who accept bitcoin payment. Many popular online platforms such as Shopify, Microsoft and Expedia allow user to make payment using bitcoins.
