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Blockchain In 7 Minutes - What Is Blockchain - Blockchain Explained-How Blockchain Works-SimplilearnSet up an account with a reputable cryptocurrency exchange. Collect the documents needed to verify your identity for Know Your Customer (KYC) exchanges. Get a. Step 1: Choose a Crypto-Trading Service or Venue � Step 2: Connect Your Exchange to a Payment Option � Step 3: Place an Order � Step 4: Safe Storage. Getting started with Bitcoin � Inform yourself � Choose your wallet � Get Bitcoin � Spend Bitcoin � Inform yourself � Processing payments � Accounting and taxes.