advice How bitcoins work ?

[Isac]

One of end users offered me bitcoins for my domain name. I have no idea how bit coins work or even what bit coin is ? Can anyone throw some light how it works ? And is it safe ?

 

[TheWatcher]

I got it Bitcoin is crypto currency ?

There are 1000+ crypto in the market e.g. ethereum litecoin etc. I even have my own currency

 

[Jurgen Wolf]

If local wallet - then https://bitcoin.org/en/bitcoin-core/features/requirements

 

[Isac]

There are 1000+ crypto in the market e.g. ethereum litecoin etc. I even have my own currency

Wow that's nice

 

[aliweb]

Can anyone tell me what are those different kinds of wallets in bitcoin and which one to choose ?

There is no difference between different bitcoin wallets because they all serve same purpose i.e. to send or receive money.

The only difference I can say is that when you create a wallet on some site for e.g. localbitcoins.com then any funds you receive resides in that wallet on that website. Any time you want to send money, you log into that website and send money from your wallet.
The other type of wallet is the one you create or your own computer. For that you need to install bitcoin client. In this case any money you receive will reside in that wallet on your computer. If you lose that wallet, your money is gone.

 

[Jurgen Wolf]

You may use Epik escrow/marketplace or NameSilo marketplace...
They accept Bitcoin as payment method...

+ NameCheap marketplace, but it is suitable only for their domains.

 

[Jurgen Wolf]

I just checked the mentioned Coinbase - they support only 32 countries...

 

[xynames]

I use BLOCKCHAIN.info no issues, no hacks, completely anonymous. However, you may not convert directly to cash with Blockchain.info or buy more coins directly with blockchain.info if you are in the U.S. (currently SEPA only).

I also have a coinbase but that is not anonymous, in the U.S. must verify your identity and give a SS # or EIN.

 

[Reu Torah]

bitcoins is good and i really like bitcoins currency because of its high increasing of rate time to time.