Digital currencies like Bitcoin have been gaining considerable recognition and popularity across the globe. Many people now trade and invest in crypto-currencies and actually use it to it buy goods and services which they otherwise buy with actual money, which is amazing. Bitcoins has been stirring up the world of digital currency exchange, making transactions cost-effective and faster. Bitcoin transactions are processed securely over the internet through various Bitcoin platforms and trade centres.
All Bitcoin transactions conducted over various cryptocurrency exchanges are secured with cryptography. Every single Bitcoin trade has its own digital signature and key which can be identified. Bitcoin’s popularity and largely fluctuating prices has led many people to join in on the fun and action. There are two methods through which you can engage in making money using Bitcoin exchanges. The first method is common and involves a trader buying a certain number Bitcoins in the hopes it would rise in value and make him a profit.
The second method involves the processing of those Bitcoins which is known as ‘Bitcoin mining’. Once this type of transaction has been processed, the transaction is authorized by ‘miners’ on the network which employ complex and sophisticated algorithms. And once they verify a transaction successfully, the get rewarded in terms of commissions and transactions fees for harvesting new Bitcoins.
Whether you are a first-timer looking to get lucky through investing in Bitcoin or a professional Bitcoiner who has traded and made a lot of money, it is imperative you understand there are a lot of pretty cool Bitcoin websites where you can trade all sorts of crypto-currencies. Usually, traders stick to just one or two, but why limit yourself when you can conduct your transactions over some of the best websites there are.
Ten Best Bitcoin Website You Will Fall in Love with
Now, this here is a genuine Bitcoin client which has everything. The website will teach you to work and trade with Bitcoins. You’ll get to learn a ton of Bitcoin vocabulary (which is critical). You’ll have access to various Bitcoin charts and data on businesses and developers.
Through just a single Bitcoin account in Coinbase.com, you will have the power to trade Bitcoins efficiently and effectively. The website has a quick verification process in correspondence with Chase Bank. It is strongly recommended you create an account with Coinbase.com, if you use multiple bank accounts. Furthermore, if you can’t afford the initial ($1,000) investment to begin the game, you can choose to buy certain parts of a Bitcoin. For example, Coinbase.com will allow you to buy about a .01 of the $1,000 Bitcoin, which is $10.
3. Bitcoin Forum
The Bitcoin Forum is an awesome website where you can actually talk about your investment plans and ideas, the forum features general information for first-time traders and also focuses on providing users all the latest Bitcoin news pertaining to the Bitcoin economy and also designed areas where users can come for technical support and learn how to develop their projects more efficiently.
Mt.Gox is perhaps one of the earliest Bitcoin platforms made for trading. And you’d be surprised to know Mt.Gox still owns and controls a massive share of Bitcoin trades. It allows Bitcoin traders from all over the world to buy, exchange and sell their Bitcoins in a variety of currencies. Plus, Mt.Gox also provides users various trading tools which help users and merchants to get their Bitcoin payments via their sites.
5. Bitcoin Wiki
The Bitcoin Wiki website gives out valuable information pertaining to the Bitcoin to every user in a format which closely resembles Wikipedia. Bitcoin Wiki offers traders all sorts of content on Bitcoins in various languages. The site also directs you to various Bitcoin meeting places and communities as well as offers a really cool forum.
Howtobitcoin.info is a pretty useful platform which provides users essential Bitcoin software, charts, stores, social media option, resources and digital wallets.
Developed by Qkos Services, based in UK, Blockchain.info provides Bitcoin traders information on Bitcoins which have been mined or if they are being mined. It is indeed a site you should consider checking out.
Bitcoinx.com is another excellent website which provides a certain mining tool to Bitcoin miners along with a profitability calculation tool that makes it easy for miners to realize the complexity of the mining process, how many Bitcoins there are per block, and the costs of mining along with several other factors. The website also provides miners various Bitcoin market charts, blogs and accurate, real-time information on the price and performance of Bitcoin mining.
Another brilliant website which is designed to make Bitcoin trading simple and easy for beginners, the website provides basic information on how to begin things for both individual traders and merchants interested in tapping the Bitcoin market. WeUseCoins.com is an excellent guide to Bitcoin trading.
10. Start Bit Coin
This is another platform which caters its services to amateur Bitcoin traders who are baby-stepping their way into the Bitcoin economy.
All in all, these are some of the best Bitcoin website you should consider using.
Chris Turner is a versatile content writer with a passion for technology, finance, Investing and trading. He writes extensively on the subjects of Trading, Investing, Bitcoin, Forex trading, investing and general finance. He is writing and providing advice, education and encouragement to budding investors and traders, on Hedge Fund and alternative investments and other emerging financial trends. He is a contributor writer for HedgeThink.com and TradersDNA.com.