Bitcoin is a innovation payment network and it uses a peer-to-peer technology to operate with banks or central authorities in the internet.
Bitcoin is a open source & it is designed for public so nobody owns or able to control it by taking advantage in it.
How to Use Bitcoin :
Before getting in to any thing, it is most important to know some basics about it.
- Learn what is bitcoin and its market sequences
- Creating a wallet [like a bank]
- Earning/Mining Bitcoins
- Spending on other sites
About bitcoin
The first and fore most important thing is to know about bitcoin's security, price values , payments , taxes and polices.
Choosing a Wallet
Creating a wallet is like constructing a building by doing all the safe precautions . Say wallets are Online banks/account can be made in many sites . But the important thing is choosing the safe and good service which keeps your privacy secure.
Wallets can be choose either by this ways
- Windows applicaiton
- Android Application
- Online Services.
Earning Bitcoin :
Earning or getting bitcoin is the third step after successfully creating a wallet. You can earn bitcoins by the below method
- Earn bitcoins by Mining
- Earn bitcoins by completing tasks
- Earn bitcoins for writing articles
- Earn bitcoins for sending visitors
- Earn bitcoins by gambling
- Earn bitcoins by trading
- Earn bitcoins by accepting has a payments from others
Spending Bitcoins :
By the way bitcoin is p2p growing network this mode of payments are accepted in many online services. You can pay them using your bitcoin wallet Id [that can be found in your wallet]
Keep learning. :)
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