BITCOIN HOW TO GUIDE
WHAT IS BITCOIN?
Bitcoin is a digital currency that is not controlled by central authorities or banks. Bitcoin is completely decentralized. Users can regard it as cash on the Internet. Bitcoins, unlike dollars and euros, exist only in electronic form, are created by people and organizations managing computers around the world, using software that solves mathematical problems. Any user who has a computer/smartphone and Internet access is able to use it. In addition, bitcoins represent a cryptocurrency – a new category of money that is gaining popularity. There are many useful articles about Bitcoin that you might want to read before you start with Bitcoin. Here you can relevant details about it: bitcoin.org/en/faq
WHY SHOULD I SELECT A BITCOIN?
Bitcoin has a minimum of 5 significant advantages:
- You remain anonymous! Any wallet can have as many addresses as possible to receive and send bitcoins. Your personal information is in no way connected with them! Account verification may be required for Bitcoin Exchanges (places where you can buy bitcoins for fiat (USD, EURO, etc.), but it is not obligatory for your personal wallet/wallets.
- Your bitcoin wallet is linked to your account if you buy bitcoin in Coinbase. But information about the place and purpose of sending bitcoin will not be known. In order to improve the security level, you can use temporary intermediate wallets.
- When paying with bitcoin, you have the opportunity to shorten the delivery time of the order for 1-2 days, since Western Union and Money Gram sometimes take up to 48 hours to receive payment confirmation.
- You can get our extra discount ( 20% Discount ) if you pay with bitcoins.
- Availability 24/7/365. No more problems or inconveniences for users. Since with bitcoin you do not need to visit banks or official representations, you have the opportunity to send the transfer at any time, regardless of the time of the day, days of the week, calendar holidays, etc. All you need is the Internet connection and computer/smartphone that payment will be made from.
HOW AND WHERE CAN I GET BITCOINS?
A lot of exchanges on the Internet provide you with a possibility to buy bitcoins for USD, EURO or your local currency through the convenient payment methods (Visa \ MasterCard, PayPal, etc.). Further, you can see the most well-known exchanges that you can trust.
Please note! User verification will be required by that majority of the resources below before buying bitcoins according to KYC/AML regulations (Know Your Customer/Anti Money Laundering).
This procedure is formal and is carried out just once (when creating an account). As mentioned earlier, exchanges are aware that you are purchasing bitcoins, but do not have available information about where and why you are transferring them. Our store constantly provides customers with various addresses to send bitcoin.
Coinbase: Coinbase is one of the most famous exchanges on the Internet. You have the opportunity to buy bitcoins using a debit card or PayPal and several online wallets. It is often used by American, Canadian and European users. This exchange attracted more than 4,800,000 users, as well as 45,000 merchants, and 9000 developer apps. You can find more detailed instructions at coinbase.com.
Video instructions for buying and sending Bitcoin with Coinbase.
Cashapp: Cashapp is an peer-2-peer money transfer app that most of us already use on a regular basis. You can use VISA / Mastercard/ ACH / Apple pay /Google Pay to load your cashapp. Once the funds are in your cashapp, you can buy and send bitcoin directly from the app.
Video instructions for buying and sending bitcoin with cashapp.
CEX.IO: CEX.IO is a simple platform that allows you to use VISA / MasterCard to acquire bitcoins. In order to start using this site, you just need to follow the link cex.io/cardsand click on the “Get started” button.
Crypto.com: Crypto.com is another simple platform that allows you to use VISA / Mastercard/ ACH / Wire/ Apple pay / Google pay. In order to start using Crypto.com, simply click the link www.crypto.com/us and download the app.
Video instructions for buying and sending bitcoin with crypto.com app…
LibertyX: LibertyX service gives you the opportunity to directly buy a bitcoin in more than 19,000 US local stores. All you need is to go to the link – libertyx.com or download a mobile app for IOS or Android in order to find the nearby store
CoinMama: CoinMama is a service where you are able to buy bitcoins using your credit card. No checkup at your first 150$ purchases is required.
Video instructions for buying and sending bitcoin with CoinMama.
Bitcoin ATMs: Bitcoin ATMs are similar in their principle to conventional ATMs. The only difference is that this type of ATM does not issue currency, but transfers your money on your online wallet as soon as you insert the cash. There are a lot of ATMs created by different companies. For this reason, depending on the ATM you choose, you will have to go through a check-up by providing a picture of your ID, confirmation via phone number and other kinds of confirmations, or use its services without any verifications. Coin ATM Radar has information about bitcoin ATMs all around the world. You can also use it to find out if the nearby ATM requires any kind of verification.
Also, you have the opportunity to pay directly to us by indicating there our bitcoin address (that you get at the checkout). In that case, you are not obliged to create a bitcoin wallet.
HOW CAN I TRANSFER/RECEIVE BITCOINS?
Your bitcoins are collected in your wallet software available for almost all operating systems. However, you should be careful with all the info provided. In case you miss or eliminate your wallet-file and don`t have any backup or recovery info you will lose your money. The full list of official wallets for all platforms can find here: bitcoin.org/en/choose-your-wallet.
There are 2 types of wallets created for Windows: full and lightweight.
Full wallets save the full information about the transactions from the moment of the bitcoin appearance. It is called blockchain, and it inquires over 100 GB of your disk space and some hours for full synchronization but only during the first launch. Bitcoin core is the most used wallet among this type, also official and secure client. So, now it doesn’t reveal any info like IP-address after the security development.
The lightweight wallet is the most appropriate choice for the majority of the users because it does not download entire blockchain to your PC as they attach to distant servers, which save the full copy of blockchain.
As you understand, bitcoin has many advantages:
- You are the sole owner of your bitcoins and therefore no one has the right to block your account.
- It is more secure and anonymous than PayPal or credit cards.
- Orders that you paid with bitcoins are delivered much faster than paid with WU / MG.
If you still have some additional questions, we’ll be glad to answer them all. So, don’t hesitate to get in touch with us.
Email: [email protected]
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