Below I have listed some resources that I have found useful in my own Bitcoin journey. I trust that you will find them helpful.
Using Lightning
Muun Wallet
Lightning is a second layer solution built on top of Bitcoin designed to make payments cheaper and faster. Many people now have lightning wallets on their smart phones, allowing them to make fast payments to businesses. One Bitcoin can be divided into one hundred million Satoshi’s or ‘sats’. Once you have bought some Bitcoin (see below), a small amount can be transferred to a Bitcoin Lightning wallet for everyday purchases. I link one of my favourites below.
Where to Buy Bitcoin
Coinbase/BISQ
Given the number of crypto exchange failures in recent years, it is now more important than ever to learn how to store your own Bitcoin securely, where no third party can access or control it. For this reason, I strongly recommend using a hardware wallet, as demonstrated below.
In my view, the best way to obtain Bitcoin today is through a decentralised exchange that enables peer-to-peer transactions. The best platform I currently know for avoiding centralised exchanges is Bisq. It can be a little challenging to use at first, so some technical confidence is helpful. There is a link to Bisq below.
How to Store Bitcoin
Trezor
Once you have purchased your Bitcoin on an exchange, it is possible to keep them there, but not recommended long term. In order to hold your Bitcoin in your own possession and under your own control it is advisable to store them on a hardware wallet. One of the best known brands is Trezor. The link below takes you straight to the place where you can buy one!
