The hype surrounding the Bitcoin does not stop.After the crypto currency has just cracked only the 10,000 dollar mark, she scratches already at 11,000. But how do you actually buying Bitcoins? FOCUS Online explains how it’s done.
How to buy Bitcoin Code
Bitcoins can be purchased review reveals that traders can use Bitcoin Code on Internet marketplaces. The largest of these platforms in Germany is bitcoin.de. When a customer creates an account there, it first goes through a normal bank verification process:
1. Transfer of a small amount, to prove Bitcoin Code the existence of the account
2. Video or post-identification process with ID.
After that, the Bitcoin account is enabled and connected to a bank account. After that, the new customer can buy and sell Bitcoins. In Germany, the Fidor Bank has a checking accountto which can be directly connected to a Wallet for Bitcoins.
Bitcoins do not have to be purchased in whole numbers, parts are possible, so as 0.05363757 Bitcoins. This fraction were buyers on Wednesday for 500 euros.
The purchase process occurs:
1. If you have decided on an offer, click “buy”. The page then locks the offer to other interested parties.
2. Now you need to transfer the money to the seller.
3. Once the seller confirms the receipt of payment, you are the Bitcoinscredited.
Another option is to purchase a Bitcoin exchange. There, the trading is done contrary to the marketplaces automatically. The best-known Bitcoin exchanges are cex.io, octopus, Bitstampand Paymium. There you can Bitcoin Code also buy other crypto currencies – there is next to the Bitcoin more than a thousand.
But beware! When buying you should always have in mind that the Bitcoins could lose theoretically from one to the other day its full value.
It is also possible to trade Bitcoins outside such marketplaces directly please visit the english site with others. Then buyers and sellers exchange exactly the amount that the seller offers. In this case, however, you should have a precise idea about what a Bitcoin is just worth it to avoid being cheated. In addition, your counterpart on private marketplaces must not legitimize.
How do I sell the Bitcoins again?
The requirement is that you are logged on a Bitcoin trading center and have coins.
The sale process occurs:
1. You think about how many units you want to sell. That may be all Bitcoins, but also fractions.
2. In which currency you want to get the sale Bitcoin Code proceeds to specify. In general, it is the euro.
3. Then put the pay fixed, so if the transaction through traditional bank account or about using PayPal or other payment systems. is handled. What payment alternatives may be used is different from trading platform trading platform.
Where can I keep the bitcoins?
Best not in an account on a Bitcoin exchange. There are already platform hacked and stolen the Bitcoins. Then they are gone – just like in a bank robbery. The difference is that no one is liable for.