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Cryptocurrency for Beginners

Is Bitcoin EASY To Use?

1 min read
If you have never used another currency outside of your own and are not comfortable making online purchases, you will likely find Bitcoin complicated to understand.

Is Bitcoin EASY To Use?

Bitcoin is easy to use for those who are used to online banking.

Travellers also find Bitcoin easy to understand because they use foreign currencies often.

Using Bitcoin is the same as using another foreign currency when you are travelling.

Bitcoin is also a bank, so therefore, if you are comfortable using online banking and used to travelling, you will easily be able to understand how Bitcoin works.

 

Is Bitcoin EASY To Use?

But if you have never used another currency outside of your own and are not comfortable making online purchases, you will likely find Bitcoin complicated to understand.

 

For example:

If you travel to the United States you will need to convert your local currency to U.S Dollars.

If you are travelling to Europe you will need to convert your local currency to Euros.

 

However, unlike the USD or Euro, Bitcoin does not exist in physical cash bills and coins like regular money.

 

Bitcoin exists only online.

Travellers also know how use and buy currencies from other countries at the best prices.

Travellers have an edge because they often monitor the exchange rates of the different currencies.

 

As Bitcoin is also an online bank, if you are not comfortable using online banking, you might struggle navigating on the cryptocurrency exchanges.

Is it difficult to use?

Some people are naturally curious to learn new technology.

These types of people tend to easily adapt to more complicated tech.

People who are used to making online purchases also find Bitcoin easy to use.

Those who avoid tech or are fearful of any new digital system, tend to find Bitcoin overwhelming.

 

What if I’m not comfortable with tech?

The great news is that you can always learn.

I usually recommend starting with just a small amount such as $5-10 to begin with.

Then going through the steps a couple of times until you understand how it works.

Also, remember that Bitcoin is still in its early phases, and as adoption grows it will become more user friendly.

 

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