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How does Bitcoin work

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Views: 840
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Prospect
Participation Meter
Joined: Dec, 2008
Posts: 242
Posted: #1
I want to deposit  into my 5 dimes using Bitcoin do i have to create a wallet?  If so where do I go how does it work 
 
 
Hall of Fame
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Joined: Feb, 2007
Posts: 25833
Posted: #2
I would use coinbase

You deposit into your coinbase account which converts USD to bitcoins, then you send x amount of bitcoins to 5dimes.

Treat it like paypal if you were sending USD to another foreign currency. 
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