The most secure way to store your bitcoins and altcoins. When you want to start using bitcoin, you have to find a way to store them and a way to buy. Hardware bitcoin wallet buy his fast track you will use a hardware wallet.
This way to buy bitcoins for the first time is super simple and secure. When you still find it exiting, you can start with a smal amount. Now you own your bitcoins, you can investigate further how it works, but at least you have some already! Buying bitcoins and privacy Bitcoin is semi-anonymous. This means that a bitcoin wallet on default is anonymous, but when investigators manage to link a transaction to your name, they can track back all your transactions from the beginning of the blockchain. The blockchain is public, so all transactions can be seen by everyone.
However wallets are not registered on name, but on a anonymous pubic key. When you want to buy bitcoins anonymously, you have to take care that your public key can’t be linked to a bank account or other account on your name. This can be done by buying bitcoins with cash e. Another way is to exchange bitcoins into a anonymous coin like Zcash or Monero by using Shapeshift and exchange them back to bitcoin later and let them send to your anonymous wallet. Ways to buy bitcoins There are different ways to buy bitcoins.
Witch one is fitted for you is depending on how important safety, privacy and usability is and how you want to pay. Bitcoin exchange An exchange is one most regulated, safe and easy way to buy bitcoins. The only disadvantage is that your bank account can be linked to your wallet, so the privacy is not so good. At an exchange you can often pay by bank transfer or creditcard. The advantage is that beside bitcoins you can also buy altcoins and other assets and store them on your account. Notice that it is risky to store your assets here, it is better to only trade and withdrawal your coins to your own wallet.
A disadvantage is that your coins are not anonymous if you bought or held them on the platform. Bitcoin marketplace When you don’t want to pay by a regular method, want to buy anonymously or for deviating prices a bitcoin marketplace is the way to go. Here you can advertise or react on advertisements to buy or sell bitcoins for a by yourself decided price and the payment methode of your choice. Here you can also buy bitcoins with less common payment methods like giftcards or pay pall. This way of buying bitcoins is least secure, so investigate what the risks are before you start!