Summary of Bitcoin purchasing process ，Analyze the relationship between Bitcoin and blockchain

2.Bitcoin mining On the public Bitcoin network ，Members create new blocks by solving cryptographic equations ，To mine cryptocurrencies

current ，Virtual currency has become a highly concerned object in the investment field ，Especially the longest-standing Bitcoin ，For those who are keen on investing and often pay attention to the relevant content in the currency circle ，This word is no stranger 。Many have economic strength 、People who like to try new things ，Everyone is willing to buy Bitcoin ，It can be profitable and can shop directly on global websites ，And it can also invest in Bitcoin ，Or the latest global financial information 。also ，Users who often come into contact with Bitcoin may have heard of the term blockchain ，To make it easier for everyone to understand and get started ，The editor summarizes the Bitcoin purchase process and the relationship between Bitcoin and blockchain ，Watch down together 。

one 、Popularize Bitcoin purchase process

Before considering buying Bitcoin ，You need to enter “Bitcoin Market ”。 The most mainstream “market ”It's a crypto exchange ，You can go to Ouyi okx、Binance or Coinify Wait for the exchange ，Then create an account via email address or any login method they provide 。

Although crypto exchanges are the most mainstream option ，But not the only Bitcoin market 。There are many cryptocurrency exchanges now ，Each exchange has its own different features and rates ，Make sure you do your research before choosing an exchange 。

After registering on the selected trading platform ，You will be prompted to show your identification documents ，Such as personal identity card 、Passport or driver's license 。Some exchanges will ask you to provide more or less verification documents ，Such as bank statement ，All users need to do is wait for the exchange to verify what you submitted ID，Then you can buy it 。Can be done via credit card 、PayPal Buy Bitcoin by account or wire transfer 。Most of these payment methods are acceptable ，There are even other options available ，Depends on the exchange 。

After Bitcoin purchase does not mean the process is over ，Bitcoin needs to be stored online in the wallet 。This kind of wallet is not what everyone thinks is a leather bag ，It is a corresponding digital or hardware product for storing Bitcoin assets ，For example, a hardware Bitcoin wallet that can provide enhanced security and ownership ，For example Ledger Nano x。Need to pay attention ，Exchange wallets are vulnerable to hackers ，Save your key when using it ，Try to use a cold wallet that is out of the Internet 。

two 、What is the relationship between Bitcoin and blockchain ？

Bitcoin and blockchain can be used interchangeably ，But they are two different things 。Since Bitcoin is an early application of blockchain technology ，People accidentally start using Bitcoin to refer to blockchain ，This leads to this misuse 。But except for Bitcoin ，Blockchain technology has many applications 。

1.Bitcoin Network

Bitcoin is a digital currency that operates without any centralized control 。The purpose of creating Bitcoin was to conduct financial transactions online ，But it has now been considered convertible to any other global currency （Such as US dollar or euro ）Digital Assets 。Public Bitcoin blockchain network will create and manage center ledgers 。

Public ledger records all Bitcoin transactions ，Many servers around the world save copies of this ledger 。These servers are like banks 。It's just that every bank only knows what funds its customers exchange ，The Bitcoin server understands every bitcoin transaction in the world 。Anyone with an idle computer can build a server like this ，Called Node 。It's like opening your own Bitcoin bank ，Not a bank account 。

2.Bitcoin mining

On the public Bitcoin network ，Members create new blocks by solving cryptographic equations ，To mine cryptocurrencies 。The system will publicly broadcast every new transaction to the network ，Share this information among nodes 。About every ten minutes ，Miners collect these transactions into a new block ，Then add these new blocks to the blockchain permanently ，The blockchain is like the final account of Bitcoin 。Due to the complexity of the software process ，Therefore, mining requires a lot of computing resources ，And it takes a long time 。In exchange ，Miners can earn a small amount of cryptocurrency 。Miners are equivalent to modern staff who record transactions and charge transaction fees 。

three、Summarize

Although Bitcoin is still a relatively new thing for many people ，But in fact, global ，Bitcoin holders have 3.2100 million ，This number exceeds most people's imagination 。There is no risk when buying people ，Don't rush to invest ，Learn more and some related knowledge first ，Master the skills to make money before investing 。