A short guide to buying storing and investing in bitcoin
A SHORT GUIDE TO BUYING STORING AND INVESTING IN BITCOIN How to Buy Bitcoin on a Bitcoin Exchange and Store It Yourself IdenGfy a bitcoin exchange that ? s approved in your country and open an account The process for buying bitcoin is similar for most exchanges and usually requires a passport copy and should you want higher deposit and withdrawal limits a proof of residency ? United States ?? we recommend Coinbase for buy and hold types or Kraken if you ? re interested in possibly trading ? Europe ?? we like Kraken which has the deepest EUR BTC order-book also the Dutch online shop Bitonic has a good reputaJon ? Asia ?? we suggest BTCC Itbit or Asia Nexgen ? If you are from a country with di ?cult access to the Western banking system check out this list of major bitcoin exchanges wallets around the world and the payment opJons they allow Once you've setup your account you'll probably need to link an exisJng bank account and arrange to move funds between it and your new exchange account via wire transfer AOer you ? ve bought bitcoin withdraw it from the exchange and place in cold storage Unless you ? ve invested only a very small amount it ? s not advisable to let your bitcoins sit on the exchange aUer you ? ve purchased them Even though security on the exchanges is improving none are insured against theU and hacks sJll happen CCapitalist Exploits Insider How to Buy and Store Bitcoin Cold storage can be as simple as keeping your key and address on a printed document in a safe or encrypted on a thumb drive ? or both However don ? t lose it ?? there is no alternaJve to retrieving it Once lost it ? s gone forever The easiest ?rst step for storage is to open an account with a Bitcoin bank We recommend Xapo for several reasons ? Xapo has raised over million and is custodian of the largest amount of bitcoins in the industry ? Founder and CEO Wences Casares has a -year track record as an internet and ?ntech entrepreneur ? The Bitcoin bank has rigorous security procedures and the bitcoins Xapo safekeeps for its clients are fully insured by third party insurance companies If you prefer to take Bitcoin storage in your own hands we recommend addiJonally buying a hardware wallet This is a device that allows you to keep your private keys completely o ine protecJng you from thieves using spyware while sJll enabling you to keep the exibility of an online wallet Our favorite hardware wallet is the Trezor device designed by the creator of the ?rst Bitcoin mining pool With Trezor a quick pin code gives you access to all your coins And should you lose it you can completely regenerate your wallet by using the word recovery code Trezor ? s enJre operaJng code is open-source which means that anyone can verify that there are
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- Publié le Aoû 09, 2022
- Catégorie Business / Finance
- Langue French
- Taille du fichier 33.4kB