Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively.

Includes index.

Bitcoin basics. Introducing Bitcoin ; Buying and storing Bitcoins ; Bitcoin pros and cons ; Making money with Bitcoin -- Banking with Bitcoin. Your Bitcoin wallet ; Bitcoin transactions ; The blockchain -- Using Bitcoin in business. Using Bitcoin in commerce ; Staying on the right side of legal ; Bitcoin security ; Mining for Bitcoins -- The part of tens. Ten great ways to use Bitcoin ; Ten (or so) other crypto-currencies ; Ten online Bitcoin resources.