How to buy bitcoin

How to buy bitcoin

Many young people and students choose to buy bitcoin and other crypto currencies, as they see the opportunity to earn some quick money that can soften student life a little.

It is not uncommon for the crypto market to offer double-digit increases over a very short period of time. It can of course also go the other way at least as fast. Therefore, you should always be careful if you choose to buy bitcoin.

Get your SU to grow  

We can quickly agree that the state's education support does not necessarily extend so far. Therefore, the possibility of a little more money on the coffin can seem attractive. But before you throw yourself headless into buying a bitcoin, we just go through the things that you should know.  

Would you like to buy bitcoins, you have several options:

  • Create yourself on a stock exchange
  • Buy from a Danish dealer
  • Buy from a private

Buy bitcoins on a stock exchange

You can choose to create a stock exchange, such as Kraken. To purchase on a stock exchange you need a verification process and you can only buy by making a bank transfer of EUR and USD.

On stock exchanges like Poloniex and Binance, you can only transfer cryptovaluta so it's not here you make your first purchase of bitcoin.

Buy bitcoins at a Danish retailer  

One of the leading Danish retailers of bitcoin is Unikoda. Unikoda offers you to purchase bitcoins by debit or bank transfer.

One of the good things about buying from a Danish dealer is that you get started quickly and easily.

You do not need to know the big thing about bitcoin. Buying a bitcoin at a Danish retailer is as easy as buying in any other webshop. If you would like to know more, you can read more on Unikoda's website. Click here and buy bitcoins today .

Buy bitcoins by private  

In different groups on Facebook, private happily deal with each other. Bitcoin talk - Denmark, is one of the groups that many buy and sell.

If you want to buy or sell bitcoin to private, then you should be extremely careful. Someone gets cheated every single day.

Additionally, it may be difficult to prove to SKAT, banks and other authorities that you purchased bitcoin. Buying at a stock exchange or a Danish retailer, you'll have far better documentation if you suddenly ask questions about where a sudden price gain you pay in your bank account comes from.

Storage of bitcoin  

Before you buy bitcoins, you need a place to store them safely.

For this purpose you can buy or download a bitcoin wallet. A bitcoin wallet is capable of generating bitcoin addresses.

When you purchase bitcoin from a Danish retailer, you must provide a bitcoin address so that the company can send your bitcoin to your bitcoin wallet.

You can choose to:

  1. Download a bitcoin wallet in the App Store or Google Play
  2. Buy a hardware wallet

A hardware wallet is the safest way to store your bitcoin. However, a mobile wallet is more accessible and easy to carry on the move.

If you have to save too much money, you should always buy a hardware wallet, such as Trezor. In the case of a small amount, a mobile wallet is an easy and fast solution.

Bitcoins course in the future  

In order for your SU money to grow bigger, of course it requires the price of bitcoin to rise.

There is no guarantee as to where the price moves in the future. Therefore, it will always be up to you what you think.

It's worth paying a little research so you know what you are investing in.

The opinions about the future of the bitcoin are incredibly split. There are people like Lars Rohde who comparedown the bitcoin with the tulip bubble , and at the other end of the scale we have Kay Van-Petersenn, who believes that the course hits the magic 100,000 USD per. coin in 2018.

Whatever you choose, I hope you feel better dressed if you choose to buy bitcoin.