Welcome to our Bitcoin guide, which includes a wide range of in-depth articles with information for everyone from cryptocurrency beginners to experienced users. Get started with some basic articles located directly below, or scroll down for more advanced articles.
Bitcoin for Beginners
- What is Bitcoin?
- How to Buy Bitcoin
- How to Sell Bitcoin
- What is a Bitcoin Address?
- Bitcoin Dictionary
Blockchain for Beginners
- What is the Blockchain?
- How does Bitcoin utilize Blockchain Technology
Bitcoin Mining for Beginners
- What is Bitcoin Mining?
Bitcoin Exchange Guide
- What is the Best Bitcoin Exchange?
- Coinbase vs. LocalBitcoins
Bitcoin Security and Safety
- Most Secure Ways to Store Bitcoin
Bitcoin Wallet Guide
- How to Choose the Best Bitcoin Wallet
- How to use a Trezor
- How to use a Ledger
Getting Started with Bitcoin
When you first start learning how to use Bitcoin, it can be confusing and to some it may even be overwhelming. There are a number of different aspects of Bitcoin, and cryptocurrencies in general, that may be hard for new users to understand. That is why we put the entire process of buying, selling, trading and sending Bitcoin into plain English for you – so you can better understand how it all works.
Starting on your journey towards owning cryptocurrencies is actually quite easy. There are a lot of complicated terms that you might not fully understand at first, but when you take a closer look and put in the effort to learn, it’s actually pretty straightforward. Words like “Blockchain”, “TX id”, “Mining” and “Bitcoin Address” might all sound intimidating, but once you do just a little bit of research you’ll see it’s not as complicated as it sounds.
Buying Your First Bitcoins
Once you have taken the time to learn and understand how the world of Bitcoin works, you will probably be interested in acquiring some BTC for yourself. This will allow you to hold your Bitcoin as an investment, send it to other Bitcoin users or simply pay for goods online at shops like Overstock, Newegg and a plethora of other eCommerce websites.
Your best bet at buying Bitcoin if you’re in the USA is to purchase some from Coinbase.com. They are one of the largest Bitcoin exchanges in the United States offering USD to BTC, ETH and LTC conversions. Alternatively, you can buy Bitcoin at LocalBitcoins.com which is the most popular peer-2-peer Bitcoin exchange in the world.
Once you have purchased your BTC, you can either store it in the wallet at the place you bought from, or keep it on a Bitcoin hardware wallet or an online Bitcoin wallet to add an extra layer of security. These types of wallets also give you much greater control over your Bitcoins.
Learning About Blockchain Technology
Blockchain is a major part of the Bitcoin framework and even all other cryptocurrencies. Because of this, it can be one of the best places to start when you want to begin learning, or learn more about Bitcoin, Ethereum and similar digital currencies.
We are just beginning to unlock all of the benefits of blockchain technology and a lot of industry leaders are predicting it will continue to play a huge role in not only cryptocurrencies, but the advancement of other existing industries as well.
The two biggest industries that are believed to benefit from blockchain technology are the financial and real estate markets. That is why beginning to learn what the blockchain is, how it works and how it can be used will keep you ahead of the curve both now and in the future.