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In this write-up I am going to show you how to buy Bitcoin with Localbitcoins.com. If you have not learnt about Bitcoin and Cryptocurrency, you should read it also.
If you are willing to buy Bitcoin and confused about how to buy it? Which method is easiest to follow? Then this article will help you. There are so many websites where you can buy Bitcoin but my recommended one is Localbicoins.com.
Let’s Start.
1. Open your browser type Localbicoins.com press enter and click Sign up free. Once you sign up login your account and click
2. Fill out your information and click Register.
3. A new dialog box for Terms of Services and Privacey Policy may appear read, scroll down and click Agree on both.
4. You will be notified “Account ********** created successfully! Check your e-mail **********@gmail.com to verify the address.
5. Login to your register email, open email and click on the link provided by Localbitcoins to verify your email.
6. Once email confirmed, from top menu click Buy Bitcoins.
7. Please select the buyer and you want to trade with.
8. Review thoroughly his/her portfolio and rating on the website. Once you decide which buyer you want to trade with scroll down and click buy.
9. Please add amount in your local currency or Bitcoin you want to buy, type your message to start conversation with seller and Click Send Request.
10. Once you send request, chat with seller ask for Payment information method. Use your bank or any other payment method that is suggested by seller. After you transfer amount send him screenshot and DO NOT FORGET TO click Mark payment complete.
11. After seller release your Bitcoin, you will see following message on your screen.
12. It’s done… Do not forget to write review/feedback for the seller.
13. Check your balance. It is worthwhile to mention if you do not receive the balance you do not delay in contacting Localbitcoins Customer Support.
Related
Congratulations! You now own some Bitcoin. Now you need to decide where you're going to store it. There are three options:
1) Keep it on the exchange.
This is the easiest option, and pretty safe (as long as you enable 2-factor authentication). But exchanges have been hacked before, and many people simply prefer having their coins under their own control.
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2) A desktop/web wallet.
There are plenty of wallets out there, for desktop and mobile, and a full list of Litecoin approved wallets can be found in the 'download' section of their official site. Download all acer aspire one d255 driver software.
Storing your coins in a wallet on your computer is as safe as you make it- if you lose or forget your password you can lock your coins away forever, or if your computer is hacked and security compromised you can be vulnerable to having your coins stolen. So, choose this option only if you're confident you have good security practices and are sufficiently technically minded.
3) A hardware wallet.
We all hear of computers and phones being hacked. Websites running illicit code to steal passwords. Phishers tricking people into clicking links that steal information from their computers.
Another line of defence to keep our coins from being siphoned out of our wallets is essential.
And that's a hardware wallet.
Hardware wallets plug into your computer like a USB stick, and they have one job- to be a firewall between your Bitcoin and the outside world.
To do this, they encrypt the private keys to your cryptocurrency wallets so that no-one- not even you- can know them. That way only someone with physical access to your hardware wallet- and who also knows its password- has a chance to access and move your coins.
Hardware wallets made by Ledger and Trezor support the storage and sending of Bitcoin.
Where do I get a hardware wallet?
Our recommendation is to either get a Ledger Nano S from their official website or Amazon, or a Trezor from their official site or Amazon.
The Nano S makes it easy to manage your coins- it's compact and discreet, and wallet management is achieved through a small LCD screen and two buttons.
Christine Lakin
The Trezor is just as easy to use, small and also featuring two buttons, with a lot of information packed into its small LCD screen.
Here's the Ledger setup guide, and the Trezor user manual.