How to Buy Bitcoin

Mike Novogratz: Bitcoin Is Moving From Weak Hands to Strong Hands

Can I mine Bitcoin from a smartphone?

You can’t mine Bitcoin with your smartphone, but it is possible to connect to a mining pool that pays you for your processing power. The mining pool you connect with will mine cryptocurrencies and pay you in Bitcoin, but it’s not advisable, because the battery power you use won’t be covered in the minimal amount of Bitcoin you might be paid.

How can I get free Bitcoin?

Nothing is really free, because even when you earn free Bitcoins you’re giving up your time, which is precious. But you can earn free Bitcoins. If you are a gamer, there are games like Bitcoin Bounty Hunt which allows you to shoot your way to Bitcoin riches. Or you can save your Bitcoin in an interest bearing account and earn some BTC interest. Be careful with these, and only go with legitimate companies, though.

How can I buy Bitcoin in the UK?

There are many reputable Bitcoin exchanges operating in the UK. However, the most recommended exchanges are Kraken or BlockFi. Or you can buy Bitcoin from Bitcoin marketplaces, such as LocalBitcoins or Paxful. All of these exchanges and marketplaces are global with high liquidity and excellent customer service. Check out our reviews on each platform.

A Bitcoiner since 2017 and a Bitcoin Maximalist since 2018, Tommy is our main writer and editor at Bitcoin Maximalist. Other than researching and writing about Bitcoin, Tommy loves spending time with his family and supporting his beloved Leeds United.