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HOW TO GET CRYPTOCURRENCY

These are some of the most common ways to get bitcoins or any of its alternatives:

  • You can use one of the many exchange services that buy and sell BTC for US dollars/whatever your local currency is. The easiest and most popular way is to buy these digital currencies at a specialized exchange. These types of exchanges mimic larger stock exchanges. People are able to buy, sell and trade their various Cryptocurrency holdings to others using the exchange. Like traditional stock exchanges, trading is a popular activity, especially when a Cryptocurrency is new on the market. The general idea is to buy these altcoins when they are trading for a low price and sell them when the price goes up.
  • You can sell goods and services through bitcoin marketplaces. A quick Google search will point you to online buy-and-sell websites that accept or specifically ask for bitcoins for transactions.
  • You can "mine" for bitcoins. This one isn't something we'd recommend if you're new to cryptocurrency, as you'd need specialized hardware (ASIC miners, in particular, which are USB-powered devices that don't do anything else) to do it for you. "Mining" is the process of verifying transactions and adding them to the public ledger or the block chain, in bitcoin's case. In addition, it's the only way to introduce new bitcoins into the circulation, as miners are rewarded for every block of transactions they process.
  • And You can get colleting for free from sites like this, called Faucets. In these faucets you can visit them daily to earn Bitcoins with. Furthermore, just like our website here where you can earn free Bitcoins, there are also plenty of other online gaming portals that you can play games to earn Bitcoins with them too. Also exist a pool of faucets called Rotators, that are a list of faucets in just one site allowing to you collect a significative big amount of satoshis (Satoshi is the smallest unit of bitcoin, just like the cents are about the dollar), like this where you can enter to our BearBitcoin Rotator on the banner at your right side.

Here is a short video explaining how the mining works:

WHERE TO STORE CRYPTOCURRENCY

Before you exchange your hard-earned dollars or mine for some BTC, though, you'll first need a wallet to keep your virtual money in. Within these wallets, you'll find your secret codes or keys needed to be able to spend your coins, as well as an address (which functions similar to a PayPal email, except it's a long code of letters and numbers) that you need to give people sending you money.

A “wallet” is basically the Bitcoin equivalent of a bank account. It allows you to receive bitcoins, store them, and then send them to others. We strongly recommend to open an account on a web wallet or hosted wallet. There are some web wallets , and we specially recommend Coinbase. is a web wallet with a simple design and a number of very useful features that make it excellent for beginners. You can send and receive bitcoins via email and buy and sell bitcoins directly from Coinbase. If you still don´t have a wallet yet, you can get your free wallet clicking here in Coinbase.

Contact Us!: info@bearbitcoin.xyz









What is Bitcoin?

What is BITCOIN?

BITCOIN is a revolutionary concept: digital currency of a new era, product of an open-source project created by Japanese geek Satoshi Nakamoto, called “Bitcoin: A Peer-to-Peer Electronic Cash System”.

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! There are no transaction fees and no need to give your real name. More merchants are beginning to accept them: You can buy services, Cars or Trade Forex.

What you need to know about bitcoins.

For those that are wanting to claim Bitcoin, without initially spending any of their own funds up front to do, so it is also very possible to achieve. There are plenty of sites available that are called faucets just like this site, and in these faucets the end user can visit them daily to earn Bitcoins with.

Furthermore, just like our website here where you can earn free Bitcoins, there are also plenty of other online gaming portals that you can play games to earn Bitcoins with them too.

Bitcoin as a form of payment for products and services has seen growth, and merchants have an incentive to accept the digital currency because fees are lower than the 2-3% typically imposed by credit card processors. A Faucet gaves people free bitcoin. You can win bitcoin at a bitcoin faucet by solving things. To get free bitcoins or win free bitcoins you also can referrel with a multiplier of 0,2 to get free Satoshis for just placing a link.

When it comes to the currency term Bitcoin, for many people they at first might be overwhelmed with ways to get a hold of it. However, we hope our article has now cleared up some of the mystery you might have been experiencing about what you can do with it when you earn some Bitcoin.

Finally, we strongly encourage our readers to take hold of learning as much as they can about Bitcoin, and start on their own path to earning them.

Copyright © by Bearbitcoin, 2016

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