If you are a beginner in the cryptocurrency mining
industry, then starting mining would be a bit difficult task for you. As Bitcoin is the most popular cryptocurrency in the market today, so every investor is planning to mine it. There are plenty of ways of earning Bitcoin. Some of them are mentioned below –
1. Get a Bitcoin Wallet
To start with, first thing you need to do is get a Bitcoin wallet. It is the best place to store earned Bitcoins
or safe too. There are different wallets available in the market depending on levels of security. You can easily spend Bitcoins from this wallet or buy goods and services by using them.
2. Exchange Wallet
Newcomers or beginners in this industry can easily find a wide numerous wallets and exchanges. For institutional traders, there are plenty of full-blown exchanges; however some are simple wallets with the selling and buying capabilities. The wallets and exchanges store big amount of fiat or digital currency similar to bank account.
In case, you have made your mind of investing in this industry, wallets and exchanges are the ideal option to start with. Kraken(US), OKCoin (China), Bitstamp (US), and BTCC (China) are a few renowned trading exchanges today.