Wednesday, July 31, 2013

Bit Coin USD







Are you looking to purchase Bitcoin with US Dollars (Bit Coin USD)? If so, I have written a few simple steps that you can follow to ensure that your purchase of Bitcoin is safe and secure.

Step 1 - Find a reputable Bitcoin Seller - This can be a very tricky step if you do not know who you are dealing with or you do not know where to look. The best way to find a reputable Bit Coin Seller is to listen to what is working for other people. Buy Bitcoin and BitInstant are 2 great websites to purchase your Bit Coin from.

Step 2 - Decide how much Bitcoin you would like to purchase - I suggest only purchasing 1 Bit Coin from a seller for the first time. This is suggested because purchasing more than 1 Bit Coin from a seller you have not ordered from before is very risky, you need to make sure that they deliver your first Bit Coin order first. Only once you are comfortable with their deliveries you can order more.

Step 3 - Pay for your Bitcoin and wait for your order to be delivered - Make the arrangements to pay for your purchase and have it delivered, either electronically or physically. After you have paid for your purchase, it can take up to 2 hours for your Bitcoin to be deposited into your wallet or check your sellers shipping time-frame's of Bitcoin if you ordered physical Bit Coin.

Follow the above steps and you will have statistically decreased your odds of becoming a victim of a Bit Coin Scam.

Written by: K. Thompson

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