Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain. Bitcoin is unique in that there are a finite number of them: 21 million.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.
To get bitcoins, you can buy them with conventional money from online exchanges or you can generate new bitcoins through a process called mining.
Purchase bitcoins
You can purchase bitcoin from an exchange like Binance, Coinbase, Shakepay – (Canada) and multiple other sites.
Make sure to check reviews before purchasing bitcoin or other coins online.
Once you make a purchase, make sure to transfer your coins offline, to keep them secure!
Free bitcoins
You can earn bitcoin with various apps and websites. One website already mentioned (Coinbase) will pay you to learn about crypto. Once you get your free crypto from their learning tab, you can transfer these coins to bitcoin.
With Shakepay (for Canadians), you can shake your phone everyday to claim free sats).
You can also get free coins on faucets like this popular one, Freebitco.in . With this site you can claim free satoshi, every 60 minutes. You can also play with your free coin to participate in the raffle or try multiply but personally, I would suggest to keep them and cash them out when you reach the minimum threshold.
You can also click on spin the wheel from the daily email if you want to earn extra rewards.
We are actually testing payouts with some apps. We’ll update whenever we get a withdraw confirmation.
You can also refer to this page: Ways to earn bitcoin lightning for free .
To protect your crypto, we highly suggest to get at least an hardware wallet.
One of our suggestion is to get this one.
(Note, this article may contain referral links)
