How to Buy and Use Bitcoin

Originally published at: How to Buy and Use Bitcoin in 2022 (Video and Screenshot Guides)

The following guide will show you how to buy and use bitcoin – the digital currency that has transformed our global payment system. Bitcoin popularity has been on the rise in recent years and shows no signs of slowing down. Because of it’s open-source nature, anybody can participate in the network and improve it. This…

why would they need my Social Security number
looking for a service that does not require that

welcome

Taxes and crime. God forbid you buy crypto and make some money off of it…the gov will want their chunk.

Also they want to identify people on their network who may be using it for criminal activity.

I agree, I don’t like it either. I wish I could find an exchange that doesn’t require it.

Welcome to the Insider!

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How do you sell them?? It’s gonna cost me gas …, gotta pay a gas fee to buy more erthm
In order to have enough ETHRM to sell the crypto. Then buy more gas for more ERTHM so they can send proceeds to my bank
Is this nuts? Or am I? Not a big investor here. Bout pypal in error- will never grow it’s a 1:1 usd thing. By the time I buy gas and tip for miner, TRANSFER the PayPal crypto, I’m gonna have bout 2 bucks left., shouldn’t cost approx 24 bucks to get your own money back

Live & learn nut an advice is appreciated. I’m such a newb!
Thank you.

There are gas fees with ETH but not with BTC. Most providers that require you to pay with crypto are asking for BTC not ETH. If you are going to invest/trade crypto then Coinbase Pro is the way to go. If you just want to make a few BTC payments here and their then download Cash App as it’s much easier. No Gas fees with BTC

What are these gas fees ya’ll are talking about ???

ETH or Ethereum is another type of crpto typically used for buying/selling NFT’s (Non-Fungable Tokens) and “Gas” is just a fee and the cost of conducting transactions of ETH.

Nothing to be concerned with in our world as all IPTV providers that accept crypto payments use BTC not ETH

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@MarkxG …thanx for the info…i have some BTC, but no ETH, so wasn’t familiar with the “Gas” reference…

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Thanks for the info! I really had no idea what I was doing and had to pay a vendor and thankfully it’s only a few bucks. I appreciate your info and you taking the time to respond. Next time wiser :wink: