Bitcoin Exchange
Bitcoin took the world by storm as it rocketed from obscurity to nearly $20,000 in value per coin in 2017. The cryptocurrency markets have calmed down a bit since that record high, but many Bitcoin evangelists still claim Bitcoin to be the currency of the future. Follow along to learn more about how Bitcoin works and the best places to buy Bitcoin.
First of all, need some background information about what Bitcoin is? It’s a digital currency used mostly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government. Instead, it works through a system where people in the Bitcoin community can earn coins from “mining,” or using their computer to complete calculations. You can also buy them with dollars or nearly any other currency.
poin: When buying Bitcoin, you will need a place to store them. This can be an online digital wallet attached to the account where you buy and sell, a program on your computer or a physical device you plug into your computer.
You can transfer Bitcoin and use them for purchases at some rare stores on and offline. But when transacting in Bitcoin, beware of large transfer fees when going back and forth between coins and other currencies and even transferring to other digital wallets.
So, where can you buy Bitcoin? Read on to find the best place to pick up Bitcoin today.
BESTCHANGE
BestChange.com – is a free online service for finding electronic money exchangers, online banking and money transfers. There are more than 50 exchangers registered at BestChange and the service receives information about currency exchange rates and commission fees from each of them in real time.
BestChange, you can not only compare rates from various exchangers and choose the best one among them, but also select exchangers for a double exchange if the direct exchange between the currencies is unavailable at the moment. More information about the service and the way it works can be found in this