How to buy bitcoin in 2024

The best way to buy bitcoin in 2024 is with a bitcoin voucher or gift card. You can also buy bitcoin through a crypto exchange or crypto ATM but these options have risks and disadvantages.

Table of contents

  1. Bitcoin vouchers

  2. Bitcoin rewards

  3. Bitcoin payments

  4. Crypto exchanges

  5. Crypto ATMs

  6. Bitcoin mining

1. Bitcoin vouchers

Bitcoin vouchers and gift cards are the newest and easiest way to buy bitcoin. However, it’s important to choose a brand that respects your privacy and that allows you to use any bitcoin wallet.

The best bitcoin gift cards let you use any walletGo to /wallets page to receive your bitcoin. For example, Azteco bitcoin vouchersGo to /learn/articles/what-are-azteco-bitcoin-vouchers page can be redeemed to any bitcoin wallet and you don’t even need to create an Azteco account.

However, some bitcoin gift cards force you to use their own proprietary wallet or platform. Some of them also force you to create an account on their system and verify your identity before you can receive your bitcoin.

What are the advantages of bitcoin vouchers and gift cards?

  • Bitcoin vouchers and gift cards are available in small amounts, usually for as little as $10.

  • Azteco bitcoin vouchers can be redeemed without even creating an Azteco account or downloading an Azteco wallet app.

  • Azteco bitcoin vouchers can be redeemed to any bitcoin wallet. You can also choose between lightning and on-chain vouchers.

  • Azteco bitcoin vouchers can be purchased for cash in some countries.

What are the disadvantages of bitcoin vouchers and gift cards?

  • Bitcoin gift cards and vouchers are not available in larger amounts. For example, the maximum amount for an Azteco bitcoin voucherGo to /learn/articles/what-are-azteco-bitcoin-vouchers page is $1,000.

  • Some bitcoin gift cards will force you to create an account on their platform or download their wallet app before you can receive your bitcoin.

  • Some bitcoin gift cards will force you to use their proprietary bitcoin wallet or app.

Where can I buy bitcoin vouchers and gift cards?

You can buy bitcoin gift cards and vouchers from a number of online stores, including G2AGo to /buy page, KinguinGo to /buy page, EnebaGo to /buy page, OffGamersGo to /buy page, BaxityGo to /buy page, and more.

You can also buy Azteco bitcoin vouchers in physical retail stores. Check our Buy a bitcoin voucherGo to /buy page page to see the buying options available for your country.

Remember: choose a bitcoin gift card or voucher from a brand that respects your privacy and that allows you to use any bitcoin wallet. You shouldn't be forced to create unnecessary accounts or use proprietary bitcoin wallets.

2. Bitcoin rewards

Bitcoin rewards are a great way to get bitcoin if you don’t have much money to spend. However, it’s important to choose a reward platform that respects your privacy and that doesn't restrict how you spend your bitcoin.

What are bitcoin rewards?

Bitcoin rewards are a great way to earn bitcoin from brands and employers. You complete a task or achieve a goal and receive bitcoin as a reward.

The best way to earn bitcoin rewards is by completing market research surveys. Survey platforms like Prize RebelGo to /prize-rebel page and MadaiGo to /madai page match you with relevant surveys and then reward you with bitcoin. The more surveys you complete, the more bitcoin you can earn.

You can also earn bitcoin rewards by completing tasks for brands or other people. For example, some companies use bitcoin to pay content creators that work in different countries. You can even earn bitcoin as a cashback reward.

The next best way to earn bitcoin rewards is from your employer. For example, many companies offer incentives or seasonal gifts to their staff, and you can now choose to receive a bitcoin gift card as your reward.

Finally, you might be able to earn much smaller amounts of bitcoin rewards by playing online games. However, many of these games offer worthless alt-coins as rewards, so always check to make sure that you’re going to receive real bitcoin (BTC).

What are the advantages of bitcoin rewards?

  • Bitcoin rewards are free. They allow you to get bitcoin without spending money.

  • Bitcoin rewards can be used to make small payments to people living in other countries. This makes them popular with companies looking to pay content creators or reviewers.

  • Bitcoin rewards can be used in many different ways. This makes them popular with employers looking to reward or incentivise their staff.

What are the disadvantages of bitcoin rewards?

  • Bitcoin rewards are usually only available in small amounts.

  • Some bitcoin reward platforms will ask you to share personal information.

  • Some bitcoin reward games will force you to use their proprietary bitcoin wallet or app.

Where can I earn bitcoin rewards?

The best bitcoin rewards are available from survey platforms like Prize RebelGo to /prize-rebel page. The more surveys you complete, the more you can earn.

Meanwhile, if you’re interested in earning bitcoin as a cashback reward, try FluzLink to: https://fluz.app?utm_source=azteco or Cashback Club.Link to: https://www.cysend.com/cashback-club?utm_source=azteco

Remember: there’s no such thing as a free lunch and companies are only giving you bitcoin rewards if you’re giving them something in return. Make sure you’re comfortable with their privacy policies.

3. Bitcoin payments

Bitcoin payments are a great way to get bitcoin if you’re running a business or working as a freelancer. In fact, there are many advantages from offering your customers bitcoin as a payment option.

What are bitcoin payments?

Bitcoin payments are when someone pays for your products or services using bitcoin. Offering bitcoin as a payment option is a great way to attract new customers and to encourage the adoption of bitcoin.

If you’re running a restaurant or a bar, you should consider offering bitcoin as a payment option. Restaurant chains like Pizzaria MoraesLink to: https://www.pizzariamoraes.com.br/ in Brazil now allow their customers to pay for food and drinks with their bitcoin wallet. This has made them a popular destination for foreign tourists and also for locals who prefer to use bitcoin for their everyday payments.

If you’re running a retail store, you definitely want to consider offering bitcoin as a payment option. Supermarket chains like Pick ‘n’ Pay in South AfricaLink to: https://www.nasdaq.com/articles/south-african-retail-giant-pick-n-pay-now-accepts-bitcoin-payments-at-all-locations now allow their customers to pay with their bitcoin wallet in all of their 2,200 stories. This is ideal for people who are receiving bitcoin from overseas, as they don’t need to convert their bitcoin to the local currency first.

If you’re working as a freelancer for a foreign company, you might want to consider receiving bitcoin for your services. You’ll get paid instantly and won’t be charged any expensive bank fees. Bitcoin payments are also popular with people working for non-profit organizations.

What are the advantages of bitcoin payments?

  • Bitcoin payments are instant. You don’t have to wait days for a bank to clear the funds into your account.

  • Bitcoin payments are virtually free. You don’t have to pay expensive fees for wire transfers or currency conversions.

  • Bitcoin payments are irreversible. Your customers can’t file a chargeback claim at a later date.

What are the disadvantages of bitcoin payments?

  • Bitcoin payments might require you to maintain two price lists for your products and services: one in bitcoin and the other in your local currency. Alternatively, you can just ask to be paid with an Azteco bitcoin voucherGo to /learn/articles/what-are-azteco-bitcoin-vouchers page

  • Bitcoin payments work best when you’re also using bitcoin to pay for your expenses. Otherwise, you might need to convert some of your bitcoin back to your local currency for everyday expenses.

How can I receive bitcoin payments?

If you’re a freelancer and you want to receive bitcoin payments from your business clients, it’s easy to just share your bitcoin wallet address. Once your client sends the bitcoin, it will appear immediately in your bitcoin wallet.

If you’re a restaurant, bar, or retail store and you want to let your customers pay with bitcoin, you’ll need a point-of-sale payment (POS) system that works with bitcoin. Fortunately, you can use bitcoin wallets like Wallet of SatoshiGo to /wallets page or BreezGo to /wallets page to do this at a very low cost.

Remember: offering bitcoin as a payment option is a great way to attract new customers and to encourage the adoption of bitcoin. If they don’t have the ability to send bitcoin directly, they can always buy and send you an Azteco bitcoin voucher.

4. Crypto exchanges

Crypto exchanges are a popular way for people to invest in bitcoin (BTC). However, there are many risks and disadvantages to using crypto exchanges and their services.

What are crypto exchanges?

Crypto exchanges are online platforms or offline networks that allow people to invest in bitcoin. Sometimes, crypto exchanges will also insist on controlling the bitcoin that you buy from them.

Some cryptocurrency exchanges are centralized, which means that they manage and control the transfer of bitcoin. They usually charge a significant fee for using their platform and they will often insist on transferring the bitcoin to a wallet which they control. CoinbaseLink to: https://www.reuters.com/business/finance/coinbase-says-hackers-stole-cryptocurrency-least-6000-customers-2021-10-01/ and BinanceLink to: https://www.reuters.com/legal/binances-ceo-zhao-faces-sentencing-over-money-laundering-violations-2024-04-30/ are examples of centralized exchanges.

Some cryptocurrency exchanges are decentralized or peer-to-peer (P2P), which means that they don’t manage or control the transfer of bitcoin to your wallet. Instead, they connect customers who make their own arrangements for agreeing a price and then transferring bitcoin. IdexLink to: https://idex.io/ and PaxfulLink to: https://paxful.com/ are examples of decentralized or peer-to-peer exchanges.

Some cryptocurrency exchanges look more like mobile apps than peer-to-peer exchanges. For example, if you buy crypto from PayPalLink to: https://www.paypal.com/us/digital-wallet/manage-money/crypto, you’re effectively buying from a centralized exchange. Also, these mobile apps will very often have complete control over your bitcoin in their proprietary wallet.

Informal networks on messaging apps also operate as pseudo-exchanges. These can be extremely risky and unsafe ways to buy bitcoin, as you’re effectively dealing with complete strangers who might even turn violent.Link to: https://cyprus-mail.com/2024/04/03/man-robbed-of-50000-euros-is-cryptocurrency-deal-gone-wrong/

What are the advantages of crypto exchanges?

  • Crypto exchanges allow you to invest in different types of crypto currency.

What are the disadvantages of crypto exchanges?

  • Crypto exchanges won’t let you use your bitcoin for everyday payments. You’ll have to transfer the bitcoin (for a fee) to a wallet that supports lightning payments, for example.

  • You’ll need to verify your identity if you want to invest with a crypto exchange. This process can take several days and will require you to share confidential information such as your passport or bank statement.

  • You’ll need a bank account if you want to invest with most crypto exchanges. You may even need to connect your bank account to the exchange platform.

  • Most crypto exchanges will control your bitcoin through their own platform or wallet app. This means that they (and their staff) have access to your bitcoin and can transfer it without your permission or knowledge.

How do I invest with a crypto exchange?

If you want to invest with a crypto exchange, you’ll need to start by creating an account and verifying your identity. This process can take several days and will require you to share confidential information such as your passport or bank statement.

When you use a crypto exchange to invest in bitcoin, you’ll need to pay a fee to the exchange. If you’re using a non-custodial or peer-to-peer exchange, you’ll still need to pay a fee as well as negotiating the price with the seller.

Remember: crypto exchanges usually insist on managing and controlling your bitcoin investment on their platform. This means that they (and their staff) have the ability to access your wallet and transfer your bitcoin.

5. Crypto ATMs

Crypto ATMs are often promoted as a convenient way for people to invest in bitcoin (BTC). However, the reality is that they’re expensive, difficult to find, and sometimes unsafe to use.

What are crypto ATMs?

Crypto ATMs are physical machines that allow people to buy or sell bitcoin using local fiat currency. Some crypto ATMs will require you to use a bank card. Some crypto ATMs will require you to use cash.

If you’re using a cryptocurrency ATM to buy bitcoin, you’ll need to pay with cash or a bank card. Once your payment has been confirmed, you’ll need to enter your 24-digit wallet address into the ATM or scan a QR code to receive your bitcoin. It may take several minutes or more for the transfer to be confirmed in your wallet.

If you’re using a cryptocurrency ATM to sell bitcoin, you might need to start by verifying your identity with a government-issued ID. You’ll then be given a 24-digit wallet address or QR code to use when transferring bitcoin from your wallet. Once the transfer has been confirmed (which can take several minutes or more), the ATM should issue your cash.

What are the advantages of crypto ATMs?

  • Some crypto ATMs allow you to buy and sell different types of crypto currency.

What are the disadvantages of crypto ATMs?

  • Crypto ATMs often charge very high transaction fees. For example, a minimum fee of $10 plus a 10% commission is not uncommon.

  • Crypto ATMs can be difficult to find, especially outside of larger cities. Also, you can’t guarantee that an ATM is working when you find one.

  • Crypto ATMs are located in public areas, which can be risky if you’re carrying large amounts of cash or an expensive smartphone.

  • Crypto ATMs don’t provide instant customer support if you have a problem with your transaction.

  • Crypto ATMs often require you to verify your identity before you can use them.

Where can I find a bitcoin ATM?

You can use Coin ATM RadarLink to: https://coinatmradar.com/ to search for a cryptocurrency ATM near you. However, their map doesn’t show the status of every cryptocurrency ATM and whether it’s actually operational.

6. Bitcoin mining

Bitcoin mining was the original way for people to earn bitcoin in 2009. In 2024, however, it’s much more difficult and expensive to run a profitable mining operation.

What is bitcoin mining?

“Bitcoin mining” is the informal term used to describe the processing of bitcoin payments from one person to another. All electronic payments require some kind of payment processing and bitcoin is no exception.

On-chain bitcoin payments are processed by a network of “miners” who use powerful computers to validate and record transactions on the public blockchain. In return for processing these payments, “miners” earn a share of bitcoin as a reward.

If you use a low-cost computer to run a “mining node”, you’ll probably only receive a small amount of bitcoin. However, if you use an expensive computer specifically designed for bitcoin mining, you’re likely to receive a much larger reward.

Bitcoin mining at home can be very challenging. It requires a significant investment in specialized equipment and a high level of technical expertise. Plus, you’ll be competing with large-scale bitcoin mining operations looking for the same rewards.

What are the advantages of bitcoin mining?

  • Once you’ve set up your bitcoin mining operation, it can run 24/7 with minimal supervision.

What are the disadvantages of bitcoin mining?

  • It’s expensive to buy the specialized equipment required for a bitcoin mining operation. You also need a high level of technical expertise to get it set up correctly.

  • It’s expensive to run a bitcoin mining operation due to the electricity costs. More people are using renewable energy sources for bitcoin mining but it can still be very expensive.

How can I get started with bitcoin mining?


FAQs

What are Azteco bitcoin vouchers?

Azteco bitcoin vouchers work just like digital gift cards or prepaid vouchers. You can buy one for as little as $10 and it takes less than a minute to redeem your Azteco voucher for bitcoin.

Azteco bitcoin vouchers are also sometimes known as bitcoin gift cards, BTC vouchers, BTC gift cards, crypto vouchers, or crypto gift cards.

Learn moreLink to: https://help.azte.co

How do I buy an Azteco bitcoin voucher or gift card?

You can buy an Azteco bitcoin voucher or gift card in over 190 countriesGo to /buy page. In some countries, you can buy an Azteco bitcoin voucher and pay by cash.

You can also buy Azteco bitcoin vouchers and gift cards from online stores offering cryptocurrency vouchers and cryptocurrency gift cards.

Learn moreLink to: https://help.azte.co

How do I redeem an Azteco bitcoin voucher or gift card?

You can redeem your Azteco voucher or gift card in less than a minute using a bitcoin wallet appGo to /wallets page that supports on-chain or lightning transactions.

You can also redeem your Azteco bitcoin voucher to a crypto wallet or crypto exchange that supports on-chain transactions.

Learn moreLink to: https://help.azte.co

Do I need to open an Azteco account?

No, you don’t need to open an Azteco account to buy or redeem a bitcoin voucher. In fact, Azteco doesn’t even have user accounts.

Beware of cryptocurrency vouchers or cryptocurrency gift cards that force you to create an account before you can redeem them. You should always be able to redeem a bitcoin voucher or gift card without being forced to share personal information.

Do I need to download an Azteco app?

No, you don’t need to download an Azteco app to buy or redeem a bitcoin voucher. In fact, Azteco doesn’t even have an app.

Beware of crypto vouchers or crypto gift cards that force you to download an app before you can redeem them. You should always be able to redeem a bitcoin voucher or gift card without being forced to use a proprietary app or crypto exchange.Link to: https://fortune.com/recommends/investing/is-it-safe-to-keep-your-money-in-crypto-exchanges/

Go to page

Does Azteco have access to my bitcoin?

No, Azteco does not have access to your bitcoin once you’ve redeemed your voucher. Azteco is not a bitcoin exchange or a bitcoin wallet.

Beware of crypto vouchers or crypto gift cards that manage your bitcoin on your behalf. You should always have complete control over your bitcoin.

Can I use my existing bitcoin wallet with Azteco?

Yes, you can redeem your Azteco voucher using any bitcoin wallet appGo to /wallets page that supports on-chain or lightning transactions.

You can also use cryptocurrency wallets that support bitcoin. However, many crypto wallets don’t support bitcoin lightning payments because they prefer to charge expensive transaction fees.