Do you know that the Facebook Bitcoin Market is available for you? Of course, it is! Well, this does not mean that Facebook owns bitcoin. It only means that Facebook can use as a marketplace for the trade of bitcoins. You should also know that bitcoin is not the only product or service being traded on the Facebook platform. There are other products, good, and services offered on the Facebook marketplace, however, our article of today talks mainly on bitcoin.
Bitcoin is a digital currency that is available in US Dollars, Pounds and Euro currencies. This means it is a digital money. To make use of this currency, you will need to have a bitcoin wallet. But this wallet is a digital wallet, not a physical one. This wallet helps you to send and receive bitcoin from others. This online cash can be used to purchase products and goods. However, not every store accepts it as a method of payment.
How Does Facebook Bitcoin Market Work?
This bitcoin is a currency stored in your wallet. You can send and receive this currency using your smartphone or computer device. These transactions made are recorded in a file known as the blockchain. For you to get bitcoin, you can buy bitcoins, you can sell products and get your payment as bitcoins, or create one. That’s how it works. And this is how the Facebook Bitcoin Market comes in.
This marketplace established on Facebook also features the trade, sales, and buying of bitcoins too. On Facebook, you will get people who sell bitcoins. You can also find people who buy and so on. This is how this marketplace works.
However, you should know that Facebook does not offer sales itself. People only engage in the trade of this digital currency using the Facebook marketplace.
How to Create a Facebook Account
Are you wondering why you will need a Facebook account? Of course, you do need one. To get full-time access to the activities on the Facebook site, then you will need an account.
- Go to the Facebook site on www.facebook.com.
- In the spaces provided, enter your full name.
- Enter a phone number or email address.
- Provide a password for the account.
- Add your date of birth.
- Select a gender.
- Click on SIGN UP.
How to Access the Facebook Bitcoin Market
The Facebook Bitcoin Market is available as Facebook groups and Facebook pages. Facebook groups and pages are known as a marketplace on Facebook. And certain groups/pages specialize in the trade of bitcoins.
Read Also: How to use Facebook Marketplace Nearby Me
Let’s look at the steps on how you can access these marketplaces.
- Get on your Facebook account.
- In the search bar, search for and find Facebook Bitcoin Market.
- On the next page, click on Groups or Pages.
- Clicking on Groups will take you to groups that engage in the bitcoin market. And clicking on Pages will take you to pages that engage in the bitcoin market.
- When you find a group or page, click on any one of your choices.
- Join the group or page and get started.
Following these steps, you will be able to get connected to groups and pages that exists as a Facebook Bitcoin Market. You will find people who sell bitcoin. If you are a seller, you can also showcase your sales too. You share and gain ideas about bitcoin. You get updates and much more.