Buy Bitcoin The Right Way

Name: Buy Bitcoin The Right Way
Rating: 4.6 (9 reviews)

Step-by-step instruction to safely, confidently buy, sell and hold Bitcoin

Created byThe Opei

Last updated 8/2020

English

What you'll learn

Purchasing Bitcoin Securely and Safely
Transferring Bitcoin Securely and Safely
Storing Bitcoin Securely and Safely
Selling Bitcoin Securely and Safely

Course content

7 sections • 24 lectures • 1h 38m total length

Meet Your Instructors!1:21
Meet the instructors and learn to buy bitcoin the right way through the Open Economy Initiative’s crypto education and crypto commerce community.
Course Introduction1:39
Learn how to buy bitcoin the right way with secure, step-by-step guidance from the Open Economy initiative, covering tools, first purchase, and transferring to a hardware wallet.
The Valuable Properties of Bitcoin3:13
Bitcoin operates on a decentralized, public network where anyone can mine and prove ownership with public key cryptography, offering an open alternative to traditional banking.
Prepare Yourself: Required Items for the Course1:03

Optimizing Cybersecurity1:50
Optimize personal cybersecurity for cryptocurrency users by demystifying best practices and outlining easy steps to safeguard email, passwords, and cryptocurrency keys.
External Threats2:07
Explore external threats like SIM swap and email breaches that can lead to Bitcoin losses, and promote cybersecurity best practices to protect you from becoming a victim.
Protecting You from Yourself1:05
Learn how personal mistakes, like losing a phone or misplacing your two-factor authentication code, can undermine security and profits, and how backing up access details prevents missed opportunities.

Setup Brave Internet Browser5:37
Install and use the Brave browser to build a privacy-focused browsing foundation for buying bitcoin, featuring ad and tracker blocking, HTTPS security, and built-in cryptocurrency tools.
Setup ProtonMail Secure Email Account9:43
Set up a ProtonMail secure email account to protect private financial information, create a unique username and password, use Tor for privacy, and back up credentials with two printed copies.
Setup LastPass Password Manager8:00
Set up the LastPass password manager with a strong master password, generate 12-character passwords with numbers and upper/lower case letters, and install the browser extension.
Installing SmartPhone Apps5:01
install and use a two-factor authentication app such as Google Authenticator to generate rotating one-time codes that secure your accounts beyond passwords, and log out after use.
Setup LastPass Second Factor Authentication (2FA)6:05
Enable Google Authenticator as the second factor for LastPass by scanning a QR code, entering the six-digit code, and securing paper backups of the secret key.
Setup ProtonMail Second Factor Authentication (2FA)5:58
Set up proton mail two-factor authentication with Google Authenticator, scan the QR code, and securely back up private keys and recovery information.

Setup CashApp2:53
Set up Cash App on your smartphone to buy and sell bitcoin, verify with Proton Mail, and link a debit card for deposits and withdrawals.
Enable Bitcoin Deposits & Wwithdrawals for CashApp1:40
Driver's License & KYC Troubleshooting6:01
Master Cash App kyc using your driver's license with front and back ID photos, a selfie, and submission for review, plus troubleshooting steps with support if needed.
Lets Buy some Bitcoin!1:47
purchase Bitcoin on your phone with the cash app, confirm the transaction, and send it to your hardware wallet for safekeeping.

Requirements

A Smartphone (Android or iPhone)
A Laptop or Desktop Computer
A Ledger Nano S Hardware Wallet (Discounted Device available via course)
A Bank Checking Account with Debit Card
A Government Issued ID - Driver's licence or Passport
Pen and Paper
A Mobile Phone and active plan for it
Internet Access

Description

Buy Bitcoin the right way is an excellent way to get started with cryptocurrency...In our course we will cover:

The quickest and most secure way to get your hands on Bitcoin!
Guided walk-through showing you how to buy, sell & transfer bitcoin
Practical education on using best-in-class tools
Industry best practices that prioritize your personal digital security
Ongoing support and revisions to ensure the skills you learn are up to date

Take advantage of our combined 10 years experience and quickly learn everything you need to know to master your use of Bitcoin & Cryptocurrency. During this hand-held tutorial you will learn the easiest way to make your first purchase of the world's most popular cryptocurrency Bitcoin. We use the Cashapp, Edge wallet and a debit card or bank account and provide video walk-throughs of each step with narration and text/images to further help you on your crypto journey.

After completing this course you will understand how to buy/sell cryptocurrency, transfer it to a new wallet or person, securely hold it and understand some of the basic technology behind Bitcoin and cryptocurrency. We take a security first approach to ensure the information you're getting is as relevant today as it was when you first heard about it.

We sincerely hope you enjoy this course and can't wait to hear what your experience was like!

Who this course is for:

Beginner Cryptocurrency and Bitcoin Users
Cryptocurrency and Bitcoin Users that want to be the sole owner's of their funds
Not very "tech savvy" individuals that want to use cryptocurrency

Buy Bitcoin The Right Way

What you'll learn

Explore related topics

Course content

Course Intro & Prep4 lectures • 7min

Protect Your Future - Buy Bitcoin the Right Way!3 lectures • 5min

Create Secure Accounts - Learn Our Repeatable Method6 lectures • 40min

Quickly & Safely Buy Bitcoin on your Phone4 lectures • 12min

Initialize your Ledger Nano S Hardware Wallet4 lectures • 18min

Transferring Bitcoin between your Hardware wallet & SmartPhone2 lectures • 14min

Congratulations - You've Bought Bitcoin the Right Way!1 lecture • 1min

Requirements

Description

Who this course is for: