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How does one acquire bitcoins?
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Bitcoin
How does one acquire bitcoins?
asked
May 30, 2021
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Bitcoin
by
rajeshsharma
How does one acquire bitcoins?
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answered
May 30, 2021
by
rajeshsharma
One can acquire bitcoin in the form of below :
As payment for goods or services.
Purchase bitcoins at a Bitcoin exchange.
Exchange bitcoins with someone near you.
Earn bitcoins through competitive mining.
While it may be possible to find individuals who wish to sell bitcoins in exchange for a credit card or PayPal payment, most exchanges do not allow funding via these payment methods. This is due to cases where someone buys bitcoins with PayPal, and then reverses their half of the transaction. This is commonly referred to as a chargeback.
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