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7 Ways to Acquire Bitcoin and Cryptocurrencies

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7 Ways to Acquire Bitcoin and Cryptocurrencies

SUMMARY KEYWORDS

crypto, cryptocurrencies, bitcoin, episode, bitcoin atms, atms, today, paypal, listener, include, cryptocurrency, platform, payment, fiat currency, litecoin, receive, app, different payment methods, acquire, journey

00:00

Welcome to the New to Crypto Podcast designed to guide you through the crypto landscape with pinpoint accuracy created for the new and intermediate crypto investor. Join your host Crypto Travels Michael as he takes you through the different facets of getting started and succeeding in your crypto journey. New to Crypto Podcast brings you new episodes daily Monday through Friday with surprise bonus episodes sometimes on the weekend.

00:31

Let me ask you, are you new to crypto and don’t know where to start? Are you more experienced but have questions? Then you’re in the right place. This podcast is designed for you coming at you from the Trading Center and the lifestyle design studio. Here’s your host Crypto Travels Michael.

00:52

Welcome to today’s show. I’d like to give a special thanks to you, the listener of this show. This project has been brand new and only launched this week. And the support that I’ve received from all of you has been amazing. So far in this week, we’ve had people listen from all over the world all the way from France to Mexico to India, to Canada to Singapore, to Kuwait in the Middle East to Germany, as well as all over the United States listeners have tuned in. Some of the places in the US have included Colorado and Texas and Arizona, California, Tennessee, Florida, New York, Illinois, Washington State Missouri, Maryland, Kentucky and more. So I’d like to say thank you to you, the community. My commitment to you is that I will be providing great content for you each day Monday through Friday. To help you through your exciting journey in cryptocurrency. I am currently working on a course which will be free. In the course I will walk you through all of the basics on how to actually get started in crypto, how to set up crypto accounts, how to actually buy your first cryptocurrency, how to send crypto between wallets, on the blockchain and so much more in the course I do all of this by actually showing you using screen share recordings. So you will be able to see step by step on my screen as I walk you through the process. This is an exciting time in crypto, and I welcome you on this journey with me. Okay, without further ado, let’s dive into today’s episode seven ways to acquire Bitcoin and cryptocurrencies. Today I’m going to share with you the different ways to acquire crypto. As time goes on, I will be adding to this list. For today. I don’t want to put too much on your plate. So let’s go over seven ways to acquire crypto. These are in no particular order.

02:59

Number one, exchange accounts setting up an exchange account.

03:06

Some of the largest exchanges are Binance, Coinbase, Crypto.com, Kucoin, BitMart, Kraken, Gemini and more.

03:17

So you can purchase cryptos using fiat currency

03:23

via the exchange accounts.

03:27

The next one, number two would be Bitcoin ATMs. They’ve been around for a while and they’re not only Bitcoin ATMs, you can purchase several other types of cryptocurrencies on some of these ATMs, and they’re located in most major cities around the world. And on the website, I’m sharing some resources and a link with you on how you can find Bitcoin ATMs near you. Number three, receive payment for your goods and services. You can accept payment in cryptocurrency for your goods or services. It’s simple and quick. There are no fees to get set up. And when the person sends you the money via crypto, there is no third party between you and the person sending the crypto to you. Number four, PayPal, currently only for their US customers, excluding Hawaii. However, this includes US territories who have a personal or a premier paypal account.

04:33

Merchants can accept crypto as payment, Bitcoin, Ethereum, Litecoin and Bitcoin cash are all currently on the PayPal platform. So if you have a personal or premier paypal account, you can hold any of those four cryptocurrencies in digital wallets with PayPal. This is definitely an exciting time for crypto since according to paypal on their website,

05:00

They have over 237 million shoppers worldwide using their platform.

05:07

Number five other service providers, including peer to peer sites. Some of these include Paxful, and Bitquick. And they make it easy worldwide to buy or sell your crypto. They also offer different payment methods in which you can receive payment for selling your crypto, your Bitcoin, or other cryptocurrencies on their different platforms. Number six, the cash app, you can send and receive Bitcoin with this app. It’s one of the easiest ways to send money to send fiat money, and now they brought Bitcoin into their platform. Number seven, the Robin Hood app. You can buy or sell approximately seven different cryptocurrencies on this app. They include Bitcoin, Ethereum, Dogecoin Litecoin, as well as some others. I did want to mention with Bitcoin ATMs and crypto ATMs, you can both deposit crypto using the ATM and you can also withdraw local currency fiat currency from these ATMs

06:21

So today’s episode was just a quick episode to share with you some of the different ways. So that concludes our episode for today.

06:31

Thanks for tuning in to New to Crypto Podcast. If you liked the episode, be sure to follow and subscribe. You can listen to every episode on all major platforms and have an interest in being on the show or one advertising reach out at newtocrypto.io. Head over to our site newtocrypto.io to access the resources mentioned in each episode. Until next time, remember to navigate the crypto landscape with pinpoint accuracy.

By: cryptotravelsmichael
0

Table of Contents

In this episode Michael breaks down and unpacks 7 different ways that you can acquire Bitcoin, Ethereum, and other cryptocurrencies. Be sure not to miss this episode as he goes over everything from Bitcoin ATMs (which are worldwide) to how you can start receiving payment in crypto for your goods and services via your businesses.

A The Bitcoin world is this new ecosystem where it doesn't cost that much to start a new Bitcoin company, it doesn't cost much to start owning Bitcoin either, and it is a much more efficient way of moving money around the world.

- Tim Draper 

Here's What We Discussed in Detail in This Interview

  • How you can acquire crypto by using exchange accounts from the hundreds of exchanges around the world
  • How the use of Bitcoin (crypto) ATMs allow you withdrawal local currency or deposit fiat currency into your crypto wallet(s)
  • How Paypal, Cash app, and Robinhood allow you to send and receive crypto easily

Killer Resources

Binance US

Binance.com (non U.S. customers)

Crypto.com

Kucoin

Bitmart

Kraken

Gemini

Bitcoin ATMs

Crypto with Paypal

Paxful (buy / sell peer to peer)

Bitquick (buy / sell peer to peer)

Cash App

Robinhood App

HOW TO REACH OUT TO CRYPTO TRAVELS MICHAEL

New To Crypto Contact Page: Details Here https://newtocrypto.io/contact-us/

Crypto Travels Michael (Twitter). Details Here https://twitter.com/CryptoTravels5

Crypto Travels Michael (Instagram). Details Here https://www.instagram.com/cryptotravelsmichael/

Telegram Details Here https://t.me/newtocryptopodcast

Final Thoughts

There are many different ways to acquire and purchase cryptocurrencies. This episode shares some of the most popular and easiest to implement.

Share this podcast with a friend or family member, join our newsletter at https://newtocrypto.io/ and leave a review on Apple Podcasts. Let me know your thoughts on this episode.

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Crypto Travels Michael

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Helping those to navigate the crypto landscape with pinpoint accuracy.

  • Really helpful podcast
    June 12, 2022 by Peter S. Pickett from United States

    Great listen for anyone interested in what is going on in their crypto - It's been great listening to them.

  • Loving this podcast
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    Very informative

  • Great discussions
    June 12, 2022 by Daniel E. Houston from United States

    Really appreciate you crypto making this! Much appreciated

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    This is a well informed, interesting podcast for anyone looking to find out more about crypto matters. The topics are varied and well researched and I’ve learnt so much from it

  • Fantastic Podcast
    June 12, 2022 by Jeremiah E. Crowe from United States

    A great podcast, not so long as to ramble but discusses a wide range of topics, well presented and easy to listen to.