Follow these basic rules in order to avoid Bitcoin scams:. Before you buy, make sure you double-check the legal status of Bitcoin in your country. Next, enter your LibertyX code to the app, along with your Bitcoin address and you’ll receive your bitcoins very soon after. All of the Bitcoins that have been generated to date were mined using special software. Yes, of course! It offers both an exchange and wallet in one, making it one of the easiest places to start with Bitcoin. Well, to mine gold you need big powerful machines, a lot of time, and money to buy the machinery.