Bitcoin has reshaped many economies throughout the world as payments via bitcoins have become a never-ceasing reality. The usage of bitcoin in general, and daily basis is significantly growing through past few years. According to “Global Crypto Currency Benchmarking Study” conducted by Cambridge University in April 2017 the number of people using the cryptocurrency on daily basis has risen to between 10 and 20 million people at the end of 2017. But how to buy bitcoin, how can I obtain it?
When it comes to the question how to buy bitcoin it is just as in any other currencies, bitcoin can be exchanged for any other fiat or cryptocurrencies, products or services. From the mid-2010s, some businesses began accepting bitcoin in addition to traditional currencies. Today, there are even cryptocurrency-based debit cards that you can use every day. Just like a regular credit or debit card and you are able to buy real estate, pay their rent, or book a flight using digital currency.
Plenty of small and medium retail stores are now accepting digital coins for payment purposes. Bitcoin can be used to buy gift cards even for the most popular international retail chains, such as Target, Best Buy, iTunes, Hope Depot, and Domino’s Pizza. Even billion-dollar businesses as Dell, Amazon, PayPal, and Microsoft accept cryptocurrency payments.
Where will I keep digital coins?
Before clarifying how to buy bitcoin or your any first altcoin, it is very important to understand how it is stored. Cryptocurrencies are stored in digital wallets, which are held either in the cloud or on your computer or storage device. A digital wallet is a system that securely stores users’ payment information and passwords for numerous payment methods and websites – all the information necessary to transact bitcoins or altcoins.
There are many free wallets are available for all major operating systems and devices to serve a variety of your needs, one of them is Tokia. By using a digital wallet, you can make purchases easily and quickly with near-field communications technology. There is a private key for every Bitcoin address that is saved in the Bitcoin wallet of the person who owns the balance. The private key is made up of 51 alphanumeric characters which makes it nearly impossible for a hacker to crack.
Buying cryptocurrency with Tokia is super easy. The process is similar to buying foreign currency at your bank. All you have to do is create an account and deposit money. After that, you will be able to clarify how to buy bitcoin or any digital coin or token you may find on Tokia!
How to buy bitcoin or altcoin with Tokia?
Step 1: Sign up at Tokia
Visit our sign up page to create a Tokia account.
Step 2: Verify your identity
See our detailed guide to having your identity verified.
Step 3: Deposit funds into your Tokia wallet
Refer to our guide on how to add money to your Tokia wallet to buy digital currency.
Step 4: Buy digital currency
- Sign up for a Tokia wallet
- You’ll get a free crypto currency wallet, where you can store, send and receive your digital currency.
- Go to https://www.exchange.tokia.io (or click the “Signup” button on the home page)
- Enter your email address or use the option to sign up with Google / Facebook
- Pick a strong, secure password (avoid using your birth date, name or surname)
- Click “Sign up”
- We’ll send you a confirmation email. Click on the link to confirm that your email address.
Remember to check your spam folder – sometimes our email is flagged by spam filters. If this is the case, you may want to add Tokia to your address book to make sure you don’t miss out any news or notifications from us.
Welcome to crypto currency world!
Starting to use cryptocurrency can be very exciting, once you possess digital coin you can use it in your everyday transactions. remember, it can be used to purchase just about anything you want!