When it comes to buying and selling of Bitcoin, two basic options come to mind:
Buying and selling online is the most popular method of purchasing bitcoin or selling the same. It affords one the convenience and time which buying from a local vendor would not. The only downside is that one could buy from a fraudulent website and get swindled. We would look at how and where to buy or sell Bitcoin when buying or selling online.
To buy and sell bitcoin online, a series of steps are required. We would run through them briefly.
As earlier stated, you can buy or sell Bitcoin on several verified exchange platforms. Each has its own unique feature. You can browse through to check the one you prefer the most. Here are a few:
Buying From a Local Bitcoin Vendor
There are several Bitcoin vendors scattered across localities these days. Buying from a Bitcoin vendor is simple. All you need to do is to open a Bitcoin wallet and give the address to the Bitcoin vendor. Bargain the rate, pay, and receive the equivalent amount in your Bitcoin wallet.