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When a transaction is verified, a new block is opened, and a Bitcoin is created and given as a reward to the miner s who verified the data within the block�they are then free to use it, hold it, or sell it. However, generally, the most secure and convenient way to purchase Bitcoin is through a well-established cryptocurrency exchange like Coinbase or Binance. Find out about Bitcoin's halving process works and what it means for Bitcoin's price and its users. However, this type of wallet is vulnerable to online threats.