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Purchasing Bitcoin

To purchase Bitcoin there are a few things you will need to do.
 
#1 - REGISTER AN ACCOUNT on a bitcoin exchange (like a bank account/stock account). This is a one time set up, once you
have done this you can use it in future to buy/sell Bitcoin and other cryptocurrencies. This won't take long. You will need to verify your identity, usually with a form of ID, some verification details
**Your personal information, name etc will not be shared with anyone you send Bitcoin to, Bitcoin is sent anonymously.
 
#2 - TRANSFER YOUR MONEY - Transfer your currency (fiat) from your bank to this exchange account. 
This can be done via Debit/Credit card, or bank transfer. Purchases with Credit/Debit cards are more instant. For bank transfers, once your account is set up and verified depending on your bank, you may be able to pay with quick transfer methods such as POLI or the equivalent. 
 
#3 - PURCHASE BITCOIN - Follow the steps on the exchange to purchase bitcoin. You will need my wallet address (like a bank
account number) before you can purchase so there is a destination to send that purchase to.
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#4 - SEND THE BITCOIN TO ME - Once you have purchased Bitcoin you will click on the withdraw button. You will be asked to
enter the digital wallet where you would like it sent, this is the equivalent of a bank account number.
 
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There are many Bitcoin exchanges you can purchase Bitcoin from, these are the 3 I feel are most user friendly for people new to purchasing bitcoin, have quick registration, and are compatible with many currencies/regions. 
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** NOTE: Before you create an account, email me at mznreign@gmail.com and notify me of your intention to send Bitcoin and I will reply with my Bitcoin Wallet Address (like a bank account number) which you will need to know when you register on one of the exchanges below. Click on the exchange which best supports your needs and location.
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Quick - Reliable 

Compatible with most countries 

Not compatible with NYC residents 

Daily limit up to $12,000USD

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Quick - Reliable 

Compatible with most countries 

NOT USA COMPATIBLE 

1st time, 1st Week, 1st Month $ Limits

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Quick - Reliable
Compatible with a lot of countries
ALL OF USA COMPATIBLE
Small
transaction limit on Credit/Debit cards
ABOUT  BITCOIN

Bitcoin enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world, using free software.

It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography.

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Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

But it differs from fiat digital currencies in several important ways:

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1.) Pseudonymous: Neither transactions or accounts are connected to real-world identities. You receive Bitcoins on so-called addresses, which are randomly seeming chains of around 30 characters. While it is usually possible to analyse the transaction flow, it is not necessarily possible to connect the real world identity of users with those addresses.

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2.) Fast and global: Transaction is propagated nearly instantly in the network and are confirmed in a couple of minutes. Since they happen in a global network of computers they are completely indifferent of your physical location. It doesn‘t matter if I send Bitcoin to my neighbour or to someone on the other side of the world.

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3.) Secure: Bitcoin funds are locked in a public key cryptography system. Only the owner of the private key can send cryptocurrency. Strong cryptography and the magic of big numbers makes it impossible to break this scheme. A Bitcoin address is more secure than Fort Knox.

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4.) Decentralisation: Bitcoin’s most important characteristic is that it is decentralised. No single institution controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world. This attracts individuals and groups that are uncomfortable with the control that banks or government institutions have over their money.

Bitcoin solves the “double spending problem” of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives. In electronic fiat currencies, this function is fulfilled by banks, which gives them control over the traditional system. With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one.

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5) Irreversible: After confirmation, a transaction can‘t be reversed. Bitcoin transactions cannot be reversed, unlike electronic fiat transactions. This is because there is no central “adjudicator” that can say “ok, return the money.” If a transaction is recorded on the network, and if more than an hour has passed, it is impossible to modify. While this may disquiet some, it does mean that any transaction on the bitcoin network cannot be tampered with.

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