Are you looking for a Bitcoin ATM in Jacksonville, Florida? There are around 157 BTC ATMs in and around the Jacksonville area, so you won’t have to search far and wide. The only problem is not all ATMs allow you to enjoy the ease of transaction. Some involve multiple and complex steps. Some are easier to operate.
1. Bitcoin Buying Guide - Easy 3-Step Guide
to Buying Your First Bitcoin
Lookingfora BitcoinBuyingGuide?Wonderingwheretostart?People have alotof misconceptions
aboutbitcoin - the veryfirstwidelyknownandacceptedcryptocurrencyworldwide.
A lotof people thinkforexample thatonlyhackersandshadypeople use it.Howeverbitcoinisactually
goingmainstreamwitheveryone fromTigerDirecttoExpedia.comtoDell andevenSubwayaccepting
paymentsinbitcoinnow.
Why so popular?
Well,bitcoin hasa lotof benefitsoverothercurrencies.Forexample,youcansendbitcoinstosomeone
as paymentwithouthavingtogothroughthe bankmiddleman(andgethitwithextrafees).It'salso
much fasterthansendingmoneyviaabank wire ortransfer.You can sendbitcoinstosomeone andhave
themreceivingthe coinsinseconds.
Withall of this,it'sno surprise thatmanypeople are now tryingto buybitcoinforthe firsttime.
Howeverit'snotas easyas goingto your bankand withdrawingbitcoins - orgoingto a store and
plunkingdownsome hard-earnedcashfor.
The systemworksa bit differentlythanthat.ThisBitcoinBuyingGuide will gooverafew thingsyou
needtoknowbefore youbuy - so youcan buy safelyandsecurely.
Firstof all,while the price mightbe over$2000 us percoin,you don'thave to buy an entire bitcoin.
Most placeswill letyoubuyportionsof a bitcoinforas little as$20. So youcan start off small and go
fromthere as you getmore comfortable withthe waythingswork.
Secondly,thisarticle isforgeneral purposesonlyandnottobe takenas financial advice.Bitcoincanbe
riskyand before makinganypurchase youshouldconsultwithyourfinancial advisortosee if it'sright
for you.
So here are 3 easystepsto buyingBitcoins:
#1 Geta Bitcoin Wallet
The firstthingto do before youbuyyourcoinsis to geta virtual wallettostore yourcoins.Thiswalletis
a stringof textthat people canuse tosendyou bitcoins.
There are a numberof differenttypesof walletsincluding onesyoudownloadtoyourphone or
computer,online walletsandevenoffline BitcoinATM,coldstorage wallets.
Most people prefertogeta walletontheirphone orcomputer.Popularwalletsinclude Blockchain,
Armory,BitgoMyCeliumandXapo.
2. Usuallyit'sas simple asdownloadingthe wallettoyourphone as an app or downloadingthe software to
your computerfromthe wallet'smainwebsite.
#2 Decide Where to Buy
There are several typesof placestobuyandeach one isa bitdifferent.There are online sellersthatwill
sell youbitcoinsdirectlyforcash(orbankwire or creditcard).
There are exchangeswhereyoucanbuy andsell bitcoinsfromothers - similartoa stockmarket.There
are alsolocal exchangesthatlinkyouupwithsellersinyourarealookingtosell.
There are alsoATMs where yougo to purchase withcashand get yourcoinsdeliveredtoyourwalletin
minutes.
Each bitcoinsellerhastheirbenefitsanddrawbacks.ForexampleATMsare great forprivacy,but they'll
charge youup to 20% on top of the currentprice,whichisridiculous.(OnaBTC price of $2000, that
$400! So you're paying$2400 insteadof $2000).
No matterwhere youdecide tobuy,remembertodoyourresearchand go witha trustedsellerwitha
goodreputationandstrongcustomerservice.Firsttime buyerswill especiallyhave questionsandmay
needthe extrasupportto helpthemwiththeirfirsttransaction.
Take your time andresearchthe differentplacestobuybefore youdecide.Factorstoconsiderinclude
coinprices,extrafees,methodof paymentandcustomerservice.
#3 Buy Bitcoin and Move It To Your Wallet
Once you've founda place to buy,getyour fundsready(i.e.youmaysenda wire transferoruse your
Visato fundyouraccount).Thenwaitfor a good price.(Bitcoinpricesare alwaysfluctuating24 hours,7
daysa week).Thenplace yourorderwhenyou're ready.
Once your orderisfilledandyouhave yourcoins,you'll wantto sendthemtoyour wallet.Simplyenter
your bitcoinaddressandgetthe sellertosendyouyourbitcoins.Youshouldsee themshow upinyour
walletwithinminutestoanhour (dependingonhow fastthe sellersendsthemout).
Voila,youare nowa bitcoinowner.Youcannow sendcoinsto payfor othergoodsand services,orhang
on to themfora rainyday.
One lastthingto remember:bitcoinisstill initsinfancy.Thereare huge price swingsandthe currency
can be risky.Neverbuymore bitcoinsthanyoucanaffordto lose.