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Bitcoin Cryptocurrency FAQ
How do I buy bitcoins?
- If you need bitcoins instantly, use Coinbase *MOST POPULAR*
- If you need bitcoins fast & locally, use bitcoin ATM’s
- If you want to buy bitcoins with a credit card, use Coinmama
- If you want to buy bitcoins using a bank account, use GoCelery
- If you need to use a person-to-person trade using LocalBitcoins
- If you need to Convert or exchange coins use, Binance, Bitrex, Kucoin, RaiExchange, Evercoin, Shapeshift or Changelly
The first thing you’re going to need to do in order to use Bitcoin is to get a Bitcoin wallet. There are a lot Bitcoin wallets you can choose from, but if you’re just starting out I would suggest using one of the more user friendly wallets (i.e. Coinbase or Blockchain.info).
Airbitz and Bitpay are great wallets for mobile devices as-well. (iOS and Android)
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Just like you need some sort of software to send and receive emails/payments (e.g. Gmail, Outlook, Paypal etc.), you need a Bitcoin wallet to be able to use Bitcoin. A Bitcoin wallet is a piece of software that allows you to send and receive Bitcoins. One of the things the Bitcoin wallet will provide you with is your Bitcoin address.
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A Bitcoin address is what you give to people who want to send you Bitcoins (just like you’d give an email address to someone who wants to send you an email). However, Bitcoin addresses are a bit more complicated than email address – they look like random numbers and letters and start with “1” or “3”. Here’s an example of such an address: 1GrwYYTDJic27cstVCjzF8Muvutw6JUYqB Or you can scan the QR code and it will automatically recognize the bitcoin wallet address.
What is Bitcoin?
How to buy Bitcoins, safely and easily using Coinbase.
Sending Bitcoin using Blockchain Wallet
How do I send bitcoins using Coinbase / Wallet?
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To send digital currency, click the Send/Request link on the left sidebar of any page. You'll be brought to a page that lets you send digital currency to any email or wallet address.
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Start by entering the wallet or email address you'd like to send to and enter it into the Recipient field. Be sure the wallet address is correct for the type of digital currency you want to send.
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Next, select the Coinbase account to send from. Be sure this account is the right type for the kind of digital currency you want to send as well - for example: choose your ETH wallet in order to send ether.
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Then enter the amount of bitcoin or ether you'd like to send in the Amount field. Alternatively, you can specify the amount you would like to send in your local currency, but the funds will be sent as bitcoin/ether.
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Once you've selected an account, click Send Funds, and the bitcoin will be transferred.
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Cryptocurrency Transactions are processed instantly.
iOS
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Tap the menu icon near the top left of the screen to open the Navbar.
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Select the wallet you wish to send from, located in the Navbar.
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Tap the paper airplane icon in the upper right hand of the screen.
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Enter the USD, BTC, or ETH amount you wish to send. (Tap the up/down arrows to switch between currencies.)
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Press SEND
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Enter the email or wallet address and any notes you wish to include.
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Review the details of your transaction and tap 'Send' in the upper right corner of the screen.
Or if you have been provided a QR code:
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Tap the QR icon in the upper right.
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Take a picture of the QR code.
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Enter the desired amount in USD, BTC, or ETH and press 'Continue'
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Review the details of your transaction and tap 'Send' in the upper right corner of the screen.
Android
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Tap the menu icon near the top left of the screen to open the Navbar.
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Select the wallet you wish to send from, located in the Navbar.
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Tap the '+' icon near the lower right hand of the screen.
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Tap 'Send'
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Enter the USD, BTC, or ETH amount you wish to send. (Tap the up/down arrows to switch between currency selection.)
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Enter the email or wallet address and any notes you wish to include.
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Review the details of your transaction and tap the "forward" arrow in the upper right corner of the screen.
Or if you have been provided a QR code:
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Tap the QR icon in the upper right.
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Take a picture of the QR code.
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Enter the desired amount in USD, BTC, or ETH and press 'Continue'
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Review the details of your transaction and tap the 'forward' arrow in the upper right corner of the screen.