How to Get Bitcoins Fast
To buy or earn free bitcoins, you first need to download a bitcoin wallet, which is software that allows you to securely send, receive, and store funds in the bitcoin network. There are four types of bitcoin wallets that you can use:
Once you download a wallet, you need to set up an account on a cryptocurrency exchange that’s approved by your wallet provider. Cryptocurrency exchanges are market places where sellers trade cryptocurrencies to buyers in exchange for fiat money or other digital currencies.
Most exchanges accept bank transfer or credit card payments, and some even accept Paypal payments. They’ll also charge you a transaction fee for every trade you make. You can choose from hundreds of crypto exchanges, but the most popular and reputable exchanges are Bitfinex, Bitstamp, Coinbase, and Coinmama.
Buy Bitcoins in Person
If you’d rather buy bitcoins in person, you have four options to choose from:
- Use websites like Coin ATM Radar to help you find a Bitcoin ATM, which works very similarly to a regular ATM, except you trade your cash for bitcoin.
- Use websites like LibertyX to find retail stores across the United States that will give you bitcoin in exchange for cash.
- Use websites like Paxful to find bank branches that will give you bitcoin in exchange for cash deposits.
- Use websites like LocalBitcoins to find people who are willing to exchange Bitcoin for cash, in person.