Virtual currency is something we hear a lot about nowadays.
It has been a hot topic for a while, with some people even calling themselves “billionaires.
Bitcoin is one of the most famous of these virtual currencies.
Bitcoin was first launched in 2009, so as of 2021, 12 years have passed.
Even to this today, virtual currencies are attracting attention as a new form of currency, and are also popular as an investment.
But what should you do if you want to acquire bitcoins？
So I’d like to introduce to you the five ways to acquire the virtual currency bitcoin.
If you are interested in bitcoin, please use the acquisition methods described below to actually get your hands on some bitcoin.
How to acquire the virtual currency Bitcoin
Use an exchange or distributor
The first and most common method is to use a virtual currency exchange or distributor.
There are a number of well-known ones, such as DMM Bitcoin, Coincheck, and bitFlyer.
Open an account with such an exchange and deposit Japanese yen first.
You can then acquire bitcoins by purchasing them through the exchange.
One of the most famous overseas virtual currency exchanges is BINANCE.
You can also refer to this article for more information.
Using a Bitcoin ATM
Another way to get bitcoins is to use a bitcoin ATM.
Using a bitcoin ATM, you can buy bitcoins or sell bitcoins.
However, bitcoin ATMs were discontinued in Japan in 2018.
Therefore, bitcoin ATMs are currently not available in Japan.
If you want to obtain bitcoins in Japan, consider other methods.
On the other hand, looking overseas, there are more than 10,000 bitcoin ATMs installed in 75 countries around the world.
Bitcoin ATMs charge higher fees than exchanges, but the best thing about them is that you can start trading bitcoins right away.
When you want to acquire bitcoins at an exchange, you need to open an account, and it takes about a week to actually start trading.
Also, Bitcoin ATMs are available 24 hours a day, 7 days a week.
In case you want to cash in your bitcoins overseas, you can use them.
Getting Bitcoins from Other People
Bitcoins can be traded between individuals.
Therefore, one of the ways to acquire bitcoins is to have individuals give them to you.
However, even if you want to get bitcoins from someone, you must first meet someone who has bitcoins.
Off-line meetings and meetups are effective places to get to know people who have bitcoins.
One of the most popular meetups is the Tokyo Bitcoin Conference.
Through these offline meetings and meetups, people who are interested in bitcoin gather together.
So, if you get used to knowing people who have bitcoins, you may be able to get them to give them to you.
Use games and services to get them.
Some point sites allow you to convert the points you earn by playing games into bitcoins.
You can earn points by answering surveys and playing mini-games on CrossLink.
When you play the game, you can get virtual currencies such as Bitcoin and IOST.
Before exchanging points for bitcoins, you should first open an account with a virtual currency exchange or something similar.
Obtaining Bitcoins by Mining
The fifth and final way to acquire bitcoins is through mining.
Bitcoin and other virtual currencies use a technology called blockchain.
The blockchain is made up of blocks of information about all past transactions, which are written and shared in a ledger.
The process of approving and writing the transaction records is called mining.
Mining requires the use of a hash function to turn the transaction records into hash values and then write them into blocks.
By doing this work, you get bitcoins for it.
This process is called mining, as it is analogous to digging up bitcoins from the ground.
There is an article on how to mine easily, so please refer to it.
These are the five ways to acquire bitcoins.
There is a variety of ways to acquire bitcoins, so please use the method that suits you best.
If you are a beginner and are unsure of which method is best for you, try using the most orthodox exchanges.
I hope this helps those who want to buy bitcoins in the future.
Thank you for reading to the end.