Blockchain Made Simple: How do I buy Bitcoin | DMG Blockchain Solutions
Blockchain Made Simple:
Blockchain is one of the hottest sectors in the market, yet few investors really understand what the blockchain is, and how it works. This is why DMG Blockchain Solutions is presenting Blockchain Made Simple. Hosted by Dan Reitzik, Blockchain expert and CEO of DMG Blockchain Solutions; Blockchain made Simple is a series of fun, easy to digest videos, answering questions like What is Cryptomining? What is Bitcoin? and How are Bitcoins created and earned?
How do I buy Bitcoin?
There are 4 ways to buy bitcoin. Most people buy and trade existing bitcoins on a stock market-like exchange, such as Coinbase. A second option is to earn or to ‘mine’ new Bitcoins from scratch by solving a series of difficult math puzzles. This requires dedicated computer hardware and software that you run yourself or is hosted by a professional mining service. A third way is to buy with cash from one of the many ‘bitcoin ATM’ machines. A fourth option started just last December, is Bitcoin Futures. These are standardized contracts to buy or sell a predetermined quantity of Bitcoin at a set price, on a set date in the future. Brought to you by DMG Blockchain Solutions.
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