If you are interested in buying or selling bitcoin in Regina here is a location near you:
2103 11th Ave (Suite 152, Regina, SK S4P3Z8
Bitcoin is based on a network that allows you to use a new payment platform that let you use digital currency. It is a unique and decentralized way to make peer-to-peer payments that is only powered by user. There is no central authority controlling it, they got rid of the middlemen. For the users of bitcoin in Regina, and everywhere else, Bitcoin is the same thing as cash, but online. This explanation is very simplified, please take the time to read or simply educate yourself on Bitcoin before starting to trade.
WHO CREATED BITCOIN?
Bitcoin is the first of many, it was the first real concrete implementation of the modern “crypto-currencies”. In 1998, Wei Dan described suggester the idea of a new kind of money that would use cryptography to create that currency and to manage the transactions, instead of government or banks. The first Bitcoin as we know it was released in 2009. The demand for Bitcoins in Regina and around the world has since grown exponentially.
HOW DOES ONE ACQUIRE BITCOINS IN REGINA?
The simplest way to obtain Bitcoin is to exchange $CAD cash for Bitcoin at a Bitcoin Teller Machine (BTM). It is fast, easy, and you can also go there to exchanged you Bitcoins for $CAD cash. Just think of a BTM as a “portal” between the digital world of Bitcoin and the tangible world of cash. The four most common ways to acquire Bitcoin are the following:
- Purchase your bitcoins at a Bitcoin machine in Regina (BTM);
- As payment for your products or your services;
- You can exchange some bitcoins with someone near you;
- You can also purchase bitcoins in Regina at a Bitcoin online exchange.
Beware of Scams
While it is possible to find people who are willing to sell their bitcoins in exchange for a credit or PayPal transaction, most Bitcoins exchanges will not allow funding via these payment methods. This is to prevent fraud and scam. In some cases, someone will try to buy bitcoins from you with PayPal, and then cancelled their half of the transaction. This is most commonly referred to as a chargeback.
It is important to educate yourself on Bitcoins in Regina before buying or selling them. There are some people out there with fraudulent intent, same thing as with traditional money. If something seems too good to be true, it might just be.
Regina Bitcoin Locations
Regina Bitcoins has 3 different locations in the Queen City and another one coming soon. Hosting a BTM is a great way to bring more people in your actual location. There are many advantages to hosting a BTM machine so if you are interested, don’t hesitate to contact Regina Bitcoin. If you are Bitcoin buyer, seller or if you want to install a BTM in your store, they are always there to answer any questions or to talk Crypto-Currency with you.