Beginner's Guide: How to Buy Bitcoin Stock

Image Credit: Medium Feb 20, 2024 By: Bhumi Shrivastava

Understanding Bitcoin Shares

[{"selector":"#anim-02437159-2531-4cf4-b0c4-ab3b0ae90737","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-57e8a94c-3274-46b7-b29c-88b9d017bb07","keyframes":{"transform":["translate3d(0px, 627.94556%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b47406a5-5eaa-45fb-b9dd-bab52f0a3543","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-384081a8-620c-4d71-8fc3-9f5457873ecd","keyframes":{"transform":["translate3d(0px, 170.93153%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-df2f68a5-7897-41b1-9618-3b4b8c527f06","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3f6f5e7-200e-4b42-9b13-102ba9419907","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-88a14b77-3fed-4c95-a021-1cf8778fe8df","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee6c32c4-5fe4-489b-8ff9-03804a22f660","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 55.60595%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Delve into the concept of Bitcoin as a digital currency and its trading dynamics on c ryptocurrency exchanges. Unlike traditional stocks, Bitcoin operates in a decentralized manner, offering investors unique opportunities. Image Credit: Arkham

Selecting a Trusted Exchange

[{"selector":"#anim-182df2c1-3a8a-4896-aa7f-843e2116f9f9","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-883ec166-0540-4a26-a45e-d1e732d85e3d","keyframes":{"transform":["translate3d(0px, 173.69610%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e3d9fa39-6f85-4bef-963b-7690ddb50cac","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-078b66b5-7c8f-4a52-9c43-a25f9e42279a","keyframes":{"transform":["translate3d(0px, 627.94556%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2c7e608-0230-4e26-9600-4abab25c8dee","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-65b62687-f204-4f19-8684-ab14ec1c1ec2","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5c22030-103d-4303-bcd9-b1a372b15862","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58151644-f2d5-4f1c-8b4c-286709d11b96","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 55.60595%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Opt for renowned platforms like Coinbase or Binance known for their reliability and security features. Conduct thorough research to e nsure the chosen exchange aligns with your needs and preferences. Image Credit: Wealth Managment

Setting Up Your Account

[{"selector":"#anim-50529ef7-a9a3-4d03-b67b-8fd92abb02f4","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-67afbb3f-ff37-43e7-a715-6a5f5b28fdcf","keyframes":{"transform":["translate3d(0px, 190.27785%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a2c07735-c76b-4a07-b3bc-4293d7fe4f64","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99a8c241-033e-4530-b963-46c88a4d5c36","keyframes":{"transform":["translate3d(0px, 561.27896%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7656248b-a7ed-4a5a-afbe-c48cca260b57","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a371604-e039-4094-99cf-a48df224b449","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-014c7d17-8b7d-4986-8396-b5fda759fa03","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55eedb14-74af-4fd6-9ba0-8ada602f3d7e","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 48.34972%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Complete the registration process on the selected exchange, providing necessary details an d undergoing identity verification procedures to comply with regulatory standards. Image Credit: Protocol

Adding Funds

[{"selector":"#anim-c254f695-19a4-42b3-b9a1-42bf41c1d247","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4758a123-69cd-4cfd-b186-e275f737b6e0","keyframes":{"transform":["translate3d(0px, 204.02782%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bc4b0fd-0e90-404b-af3d-3cb6c96c36c8","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d9298c2e-30a2-4bde-a715-b2d898bd1793","keyframes":{"transform":["translate3d(0px, 609.76383%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1aedbef3-58fa-4914-b6c0-ea50e82aaa2e","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b404fd9-b07a-4c97-bb7e-dde44513af73","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27024b69-649d-4522-a4a8-05f962223594","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb21d1f0-e2e7-4794-861c-f13e68065fd7","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 47.44269%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Utilize various funding options available on the exchange, such as bank transfers or credit/debit cards, to deposit funds s ecurely into your account and initiate the buying process. Image Credit: Bitget

Placing a Purchase Order

[{"selector":"#anim-85b52510-2d77-477a-972e-420feb8b5c0b","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ecbbc8be-4cc0-4f86-b573-fdc824a97212","keyframes":{"transform":["translate3d(0px, 183.90016%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-659d0600-591b-4c6d-ac78-b36b76e8af2b","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0e473ed-77cb-43e4-9a98-b8908d2a0792","keyframes":{"transform":["translate3d(0px, 670.36992%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-114a5e21-fb84-4279-a9fa-25105de8b680","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ec6d934-ab31-4cd4-8888-f85788f1082d","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b46f6ef-9747-460b-a30d-1bb632dfb803","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d52a1fab-3fe2-4573-862c-fb87f101808f","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 56.05947%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Navigate the trading interface of the platform to specify the desired amount of Bitcoin to purchase, car efully reviewing all transaction details before finalizing the order to ensure accuracy and security. Image Credit: Techopedia

Protecting Your Investment

[{"selector":"#anim-42945488-daba-4aff-a072-a1569952de35","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7a019bfb-e041-4e1e-95b9-ade600ccfd69","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 60.40966%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d0737374-e2e5-48ee-a041-a1086fe72580","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d9ef0000-07f9-4167-9cdf-1064f8f5b370","keyframes":{"transform":["translate3d(0px, 174.71649%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-377891a1-aef2-4696-8f67-1ba423247973","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-48d3be97-9738-4555-a148-9b5d4113b3c2","keyframes":{"transform":["translate3d(0px, 627.94556%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6a54adb-997e-4f3a-8bb7-a8c3d5e51c6e","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-627a80ac-bc20-4562-86a8-ae037d042b34","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Prioritize the security of your Bitcoin holdings by transferring them to a secure wallet, implementing robust security measures, and maintaining b ackups of essential information to prevent unauthorized access. Image Credit: Talkroute

Staying Informed

[{"selector":"#anim-c50d85d1-10cb-46c8-9ffb-e210ab6a6e04","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ea1fdc0c-4052-4226-bf76-69e22835e7de","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 50.61729%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0073375-bfd5-49d0-a910-12b1fecc60bb","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4dde6574-1373-4788-8b0a-d354bf7cc51f","keyframes":{"transform":["translate3d(0px, 176.75734%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e0dc2143-0c2a-4b70-8359-86675d98df65","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ba60ff29-e225-4a21-9ba0-e75b03be1a03","keyframes":{"transform":["translate3d(0px, 624.91531%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-244f43a7-98b1-4923-8229-b7fefc90e9f2","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0d9a5440-eda4-42fd-bb6d-61d8b1e3a7b4","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Stay updated on the latest developments in the cryptocurrency market, including regulatory changes, market trends, and security best practic es, to make informed investment decisions and mitigate risks effectively. Image Credit: Decrypt

Investing with Confidence

[{"selector":"#anim-3ccce6cf-74ca-4bfa-ab16-0ca753f17c00","keyframes":{"opacity":[0,1]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc9f2225-bbeb-4da4-b882-12a6c136937f","keyframes":{"transform":["rotate(-13deg) translate3d(0px, 54.47216%, 0) rotate(13deg)","rotate(-13deg) translate3d(0px, 0px, 0) rotate(13deg)"]},"delay":300,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3e2f8f9b-1064-4073-afa5-fb0602145c0a","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ab43b14-38fa-42f1-92d4-0f1224f60ef2","keyframes":{"transform":["translate3d(0px, 172.67571%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc99653b-a3bc-4ae8-ab25-dc23b79f75c5","keyframes":{"opacity":[0,1]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad290b26-2b6e-4d64-b45d-b501b8334eae","keyframes":{"transform":["translate3d(0px, 624.91531%, 0)","translate3d(0px, 0px, 0)"]},"delay":400,"duration":1200,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c7da2341-7839-42b8-987d-e7b1a85fd453","keyframes":{"opacity":[0,1]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30c187cc-28eb-409d-a2d6-d7cf74b21514","keyframes":{"transform":["translate3d(0px, 620.20068%, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":1300,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Begin your cryptocurrency investment journey with confidence, armed with knowledge and caution to navigate the dynamic landscape and capitalize on the potential opportunities offered by Bitcoin. Image Credit: Coinpass

[{"selector":"#anim-dd8ee510-7511-45a5-8fd5-d61e8295f00a","keyframes":[{"offset":0,"transform":"translate3d(0, -1082.22183%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -304.32077859599997%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -103.460406948%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -38.851763697%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -16.882660547999997%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}] Next: Earning Passive Income with Dogecoin: 2024 Guide See More