How do I buy and sell Bitcoin?
Buying and selling Bitcoin is relatively straightforward.
The first step is to set up a wallet to store your Bitcoin. You can do this by downloading a wallet app on your phone or computer, or by using an online wallet service. Once you have a wallet, you can use it to purchase Bitcoin from an exchange.
When buying Bitcoin, you will need to provide the exchange with your wallet address so that they can send the coins to you. You will also need to provide payment information such as a bank account or credit card number in order to complete the purchase. Once you have purchased Bitcoin, it is stored in your wallet and can be used for transactions or held as an investment.
To sell Bitcoin, you will need to transfer it from your wallet to an exchange where it can be sold for fiat currency (e.g., US dollars).
Again, you will need to provide payment information in order to complete the sale. Once the sale is complete, the funds will be transferred into your bank account or other payment method depending on what was specified when setting up the transaction.
