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Finder, or the author, may have holdings in the cryptocurrencies discussed. Your Question. The selection looks like this:. Make sure you get yourself a Bitcoin wallet that will securely store your bitcoins. LocalBitcoins is a peer-to-peer market place, similar to eBay. Users agree on a trade price, and the seller hands over bitcoins to BitQuick that then acts as escrow.

Key Takeaways To buy bitcoin, you must first sign up for a bitcoin wallet. Co-authors: Learn what a wallet is. Sell products or services for bitcoins. Each Bitcoin wallet is composed of unique private keys, which you use to spend or transfer bitcoins. A private key should be a guarded secret and only used to authorize bitcoin transmissions.