Just make sure to create strong passwords, backups, and follow account recovery guidelines just to be on the safe side. These exchange platforms are the most popular in the world, hands down, and support most of the coins available on the market. Some of the most trusted exchanges include Coinbase, Binance, KuCoin, Gemini, Bithumb, and Gate.io. Keep the private key to a public address on the BTC blockchain secret! You DO NOT want hackers breathing down your neck. PayPal and Robinhood are good examples of mainstream exchanges, although you probably won’t get enough bang for your buck on such platforms.īefore you even consider buying Bitcoin, just remember that privacy and security are your bread and butter. Moreover, it is possible to get Bitcoin at specialized ATMs and via P2P exchanges. In other words, bank accounts, debit cards, and credit cards are your safety net. Why all the fuss? Although it’s impossible for Bitcoin to be hacked, your wallet or exchange account can be compromised. Personal ID if the Bitcoin casino upholds the Know Your Customer (KYC) practices.īesides the exchange account, we also recommend owning a personal wallet.There are several things that aspiring Bitcoin casino players need: Using Bitcoin for online gambling requires an account at a service or an exchange, although further safe storage is advisable. Investing in Bitcoin may seem like a complex task, but breaking things down into steps can bring much-needed clarity to the process.

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