The best time to jump into bitcoin was a few years ago, while each coin could be obtained for a few dollars or cents and people were skeptical or had no idea what bitcoin even was. If there was a better time to get into bitcoin, it would require a time machine.
Now, there is a system to purchase bitcoins online. Buyers do not have to deal with jumping through hoops nor do they have to deal with excessive charges and fees. They use an account to transfer funds and, in exchange, receive bitcoin. The main website for XCoins could not make it easier with a tab at the top of the website that says “Get Bitcoin.”
Bitcoin Has Changed
Back a few years, there were many channels to receive bitcoins. Users could purchase them through a number of online outlets, but this caused problems. For one, security for the system was pretty slim at best. Many users were exploiting trading usage and creating quick sites to take advantage of the “Wild West” of cryptocurrency.
Buying Bitcoins as the Only Viable Way
This has largely been phased out, as people become informed of what to spot. Another way to purchase coins was by not purchasing them at all. Users would mine for coins through the blockchain. This strategy is essentially over due to the mass popularity, the insane slowness right now of the blockchain allocation, and the cost barrier-of-entry. To really get anywhere, miners need thousands of dollars as well as months of continuous mining.
There is really only one sensible way to receive bitcoins (aside from accepting them as payment for something). It is to order them through a trusted website.
The source is XCoins. Transfers can derive from PayPal, a Visa or Mastercard, and other sources of credit or debit card. The website features the full list of available payment types. The popularity of the system has added some valued authenticity and authority. Investors are jumping in by the millions to get a piece of bitcoin’s future. With easy transfers and instant funds, anyone can get onboard.