How To Use Your Bitcoin

Then get a digital wallet on your phone or computer which is where you ll store your bitcoins.

How to use your bitcoin. To use bitcoin some sort of wallet is needed. You can spend it online or in brick and mortar retailers as you would any other currency by using a bitcoin debit card. Video capturing a bitcoin atm and how to use it. But you can also sell a product or service in exchange for bitcoin. The following demonstrates how to use my wallet but most of it applies to any other.

You can hold on to some or all of it as part of your investment and savings strategy. You just have to hand over your bitcoin to a bitcoin trading robot which will use your bitcoin to trade and then send you back the acquired profit. You can sell it for cash using an exchange or a bitcoin atm. Here are some ideas. Spend your bitcoin on amazon and save 20 off using www bitcart io.

There are several wallet programs from you to choose from as well as a web wallet called my wallet here is a full list of bitcoin wallets. Overall the process for sending bitcoin is actually quite easy. A bitcoin atm is much like the traditional atm that dispenses fiat currencies where you use your debit card to withdraw usd eur inr etc. The most common and usually easiest is to buy bitcoin on a marketplace. Before proceeding you should make sure your computer system is secure.

The third way is to earn bitcoin through bitcoin mining. Then you install software on your computer to verify transactions and get rewarded with bitcoin. Play to win this is another important easy to use bitcoin and mainly to earn bitcoin. However unlike the traditional fiat atms some bitcoin atms actually allow you to withdraw bitcoins from it. Copy the receiver s public bitcoin address or scan qr code open your wallet and navigate to its send feature paste the receiver s address into the appropriate field specify the amount you want to send.