Bitcoin is a crypto currency first invented by a software developer who called himself Satoshi Nakamoto. Its purpose was to make payment between users over internet possible without any other third party involvement. Bitcoin is currently the absolute largest cryptocurrency currency next to Etherium - although it was not the first to be created.
Bitcoin was launched in 2009 and has taken the world by storm and contributed greatly to the interest in cryptocurrency exploding on a global level.
Bitcoin can be used for buying for exampel domains, items in online games and gifts. A number of large companies have chosen to accept Bitcoin as a payment method, it is not a currency used only on darknet. Microsoft, Tesla, Zynga and Steam are on the list of companies that have chosen to accept Bitcoin as a means of payment
To obtain bitcoins and start using them there are a number of markets online where you can buy bitcoin and pay with regular money. When it comes to smaller sums, there are a few different places to buy bitcoin quickly and easily with credit card.
Get a bitcoin wallet to store your bitcoin. Easiest way is to use an app on your mobile device for everyday use or you can have a wallet only for online payments on your computer.
Find a bitcoin exchange who can exchange money to a bitcoin wallet.
There are a number of exchangers offering different types of payment options with varying fees.
Use your wallet to store your bitcoins for future transactions. Monitor the value development and use or sell your bitcoins when they are most worthwhile
Transfer bitcoins from your wallet to the recipient's wallet. The wallet address consists of numbers and letters with around 33 characters.
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