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How are people using Bitcoins across the Globe?

Posted: Tue Dec 17, 2024 3:56 am
by Rajulk985
homeless bitcoin
Now that you have a good understanding of what Bitcoin exactly is and how it works, how are people around the world making use of Bitcoins?

Well, one of the primary ways people are making use of Bitcoins is by exchanging them across different users. People are making use of Bitcoins to share and exchange money between friends, to avoid the transaction and credit card fees.

Some other Bitcoin users are making use of the currency exchange network to make purchases online, including to buy things like Pizzas, clothing, games, electronics, accessories and much more.

While there are individuals on one side making the most of telegram data the Bitcoin currency exchange system, there are also small businesses using the service. Again, for the same reasons of waived transaction fees and instant transfers, many small businesses are now making use of the Bitcoin currency exchange services.

Purse
Purse.io is a great peer-to-peer bitcoin exchange service that offers discounts for purchases using Bitcoins.

You can buy your first bitcoin from any of these popular two sites:

CEX: You can buy Bitcoin using a debit/credit card.
Changelly: Another popular website to buy Bitcoin or other cryptocurrencies instantly.
Binance: One of the popular exchange to get other cryptocurrencies using Bitcoin or vice-versa.
Here you can find a list of top Cryptocurrency exchanges in the world.

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Expedia has also recently begun accepting Bitcoins as a form of payment for hotel and travel bookings.

Check out Bitcoin group on Reddit
Here are a few hand-picked videos that would help first-timers to understand more about Bitcoins without getting bored: