So, How to buy and sell Bitcoin? There are many ways you can do this bit it tends to depend on where you are living. With the growing worldwide demand for Bitcoin it is becoming easier everyday to find reliable sources to buy Bitcoin. The first thing you want to do is set up a Bitcoin wallet. If you can find one that offers an ATM network in your local area that is usually the fastest way to get Bitcoin.

A few good resources include… – You can meet someone face to face or use another form of payment to exchange for Bitcoin

Coinbase – The biggest wallet and great for US bank wires

Romit – A large network of ATM’s worldwide (also search any local Bitcoin ATM’s)

Or any exchange located in your country… There are now hundreds of them!  You want to make sure you select an exchange or a wallet that will allow you to convert easily back to your local currency. At first glance working out how to buy and sell Bitcoin looks a little confusing, but this is just because it is all new to you. Like most things it becomes much easier once you have done it a few times.

How Do I Set Up a Bitcoin Wallet?

 There are many different options available for you to set up your own wallet. This is just like choosing which bank you use, most wallets offer very similar services and they are free to use so you just need to pick one that you like and feel comfortable with. There are also options to have wallets stored on your computer or even offline in the form of paper wallets. Security is certainly the most important thing when choosing your wallet and here is a list of a few of the most popular 3rd party wallets.

BlockChain – Global Solution – THE BEST and our Favorite!

Xapo – Solid security, a global solution and provides a vault

Circle – Best for using Credit or Debit Cards to buy Bitcoin

Coinbase – The biggest wallet and great for US bank wires

BitStamp – Best for EU bank wires and EU customers

Do a search locally for a good wallet, something that gives you liquidity to buy and sell easily.