Where to Buy Bitcoin
There is a slight difference between how to buy bitcoin and where to buy them. How to is all about the wallet and exchanges and the typical sources. Where to buy bitcoin digs a little deeper into some of the alternatives to exchanges and setting up your own shop that takes bitcoin. Some larger areas have bitcoin ATMs. The prices are comparable to exchanges. This is a convenient process. Looking at the prices for the middle of November 2017, these are the prices at a bitcoin ATM in the United States. The dollars are US dollars. 0.01 costs $90.80. 0.001 costs $9.08. Another source for bitcoin is eBay. A typical posting reads something like this, “0.001 bitcoin to your wallet. Pay with Paypal.” The seller wants a selfie of you holding your passport or driver’s license so they can compare your face to the ID and your name with the Paypal account. This 0.01 bitcoin costs $19.99. This is on a day when a bitcoin is selling for $8. Another eBay seller is offering 0.01 bitcoin f...