Mining is the process which new coins are created and given to computers to help maintain the network.
The computers, or humans that operate them, are involved in a serious of complex mathematic races to process new transactions on the network. (There are various forms of specialized hardware and software programs to do this.)
The “winner” of the race receives...
Yes, you can pay with Bitcoin & there are merchants that are accepting Bitcoin as a source of payment.
Would you *want* to pay in Bitcoin is more of the question here... If you purchased a $10 pizza with 1 whole Bitcoin in 2012, that pizza is worth (in 2017's terms) now $15,000. The idea behind bitcoin is to be...
You store your Bitcoins (and all cryptocurrencies) in a wallet.
Choosing a wallet is an important aspect in investing in crypto; there are many options for Bitcoin storage.
To read about them, click here.
The best way to buy Ether is through an exchange. Exchanges are the fastest and easiest ways to purchase cryptocurrency. Find an exchange here.
Once Ether has been purchased for Fiat currency (USD, EUR, GBP etc...), the funds can be stored on the exchange itself or inside a wallet of your choice.
The process of purchasing Ethereum through an exchange is...
Litecoin can be purchased and sold on a number of exchanges using all types of currencies.
The currency ticker symbol for Litecoin on exchanges are LTC or XLT.
These are the exchanges that are currently selling Litecoin:
GDAX: The Global Digital Asset Exchange is the leading U.S. based digital currency exchange
BTC China: Leading Chinese exchange and a one-stop service provider
WEX in EUROPE / RUSSIA...