To start bitcoin buy, start by entering the amount of local currency you would like to spend. Once you’ve created an account, based on the value you enter, the current price per bitcoin will be displayed along with the estimated amount of bitcoin you will receive. You also have the option here to make this purchase a recurring weekly or monthly order by checking the box next to Make this a recurring order. Once you’re ready to go, click Buy Bitcoin ! The exact length of time a transaction takes to complete varies by amount, country, and payment option. You can always check the status of an order in your Order History. You’re all done, congrats! According to the bitcoin program, however, the rate that bitcoin is produced cuts in half about every four years. On November 28, 2012, for example, the rate of production changed from 50 to 25 bitcoin every 10 minutes, or 3,600 bitcoin daily. That rate halved again on July 9, 2016 to 12.5 bitcoin every 10 minutes and is expected to halve a fourth time sometime in 2020. At this rate, the total number of bitcoins in circulation will approach a limit of 21 million. 23793
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