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Many offer dozens of cryptocurrency ways to buy Bitcoin include you understand what you're investing.

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The Greatest Bitcoin Explanation of ALL TIME (in Under 10 Minutes)
It's a digital currency that works like real-world dollars and other currencies (called fiat) but is not regulated by a third party like banks. Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group. Bitcoin is a decentralized digital asset. Let's break that down. Bitcoin spans many traditional assets, such as cash and gold. For example, you can use it.

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Mining is conducted by software applications that run on computers or machines designed specifically for mining called Application Specific Integrated Circuits. Wallets are the weak spot, so if you're looking to get involved in Bitcoin, it's essential to understand how to utilize cold storage methods and keep your keys out of your hot wallet. Can Bitcoin be converted to cash? The offers that appear in this table are from partnerships from which Investopedia receives compensation. Here are some other options for buying and selling Bitcoin: Peer-to-peer transactions: Someone might pay you in Bitcoin for a product or service, or accept Bitcoin as payment instead of cash.