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If you are the Beginner at Bitcoin and Crypto-Currency you finally reached out to the right place. Today I am here to inform you about Bitcoin and How to get started with IT. Here you will get some idea to Earn Bitcoin too. As me being from Nepal where Paypal is not accepted (Directly) for online transaction Bitcoin is the best option. I will try to cover all the information you need to know to be started with Bitcoin But Truly speaking you need not to know anything. Only thing you need is to Start. So it is better saying that this post cover the things what i hope i should know before. Get Started With Bitcoin free BTC Online Wallets
What is Bitcoin?
As this article is focussing for the absolute beginner of Bitcoin it is better to start with What is this. Simply it is a king of currency which is transferred electronically for an optional transaction fee. it was introduced in 2009 as open-source software developed by Satoshi Nakamoto. Satoshi The smallest unit of BTC was named after him. The payments in this system are recorded in a public ledger. Payments work peer-to-peer without a central repository or single administrator. This is why Bitcoin is called as a Virtual currency and often refer to bitcoin as a cryptocurrency or digital currency. New Bitcoins are created during verifying and recording payments into the public ledger which is called mining. Bitcoins can be stolen and chargebacks are impossible and fueled price volatility.
Bitcoin Wallet
You need Bitcoin wallet to sand and receive Bitcoin payment. Without bitcoin you cannot receive or send Bitcoin. You need to create Bitcoin wallet (as for beginner we will use online Bitcoin wallet so we are not talking about Bitcoin hardware wallets, Software wallets, Paper wallets for now.) Here we will discuss about some of the online Bitcoin wallet. Hardware wallets are the physical device which are used to store Bitcoin securely. Software wallet you will download application on your device Android, Tablet or PC. Paper wallets Bitcoin private keys are Printed. (Had not Used). Today I will discuss about online Wallet and these will be useful for you as i will regularly post about earning.
Online Bitcoin Wallets
Online Bitcoin wallets are best for beginner as you can access your wallets from all around the world via internet. They are called as web wallets private keys are stored online. With the number of thefts and attacks increasing rapidly it’s better to protect yourself selection Top Wallets. Here are the list of some Popular online wallets:
- GreenAddress.it Site: https://greenaddress.it/
- Blockchain.info Site: https://blockchain.info/wallet
- Coinbase Site: https://www.coinbase.com/ (No transaction Fee)
- Xapo Site: https://xapo.com/
- Hive Site: https://hivewallet.com/
I personally had used 2 of the above wallet. As for beginning you can use Coinbase as no additional fees are applied while receiving and sending Bitcoins. However some delay on payment may occur. Go to any of these site and create account. You can access your Bitcoin wallet from web login. You need and get your Wallet address. You can Create as much wallet address as you need.
Earn Bitcoins
Check This Article Free Bitcoin No Investment No Risk Mine yourself
Here are the list for getting Bitcoins. You can google to get details about it.:
- Accepting them as a means of payment
- Earn Bitcoins from interest payments %
- Mining
- Trading
- Gambling
- HYIP Sites
HYIP Sites
HYIP, high-yield investment program is a type of investment, that promises unsustainably high return on investment. I suggest you to join Newly active Hyip site. I personally cant list trusted Hyip Sites but what i regurally check is from this list on some sites. Here is the you can check this link Top paying Hyip http://www.viral-alert.com/top-paying-hyip/ Try to invest lowest to test them and get return.
And you also can Check on the right side of my blog Under Start earning today Get awesome returns on Investment. Get Started With Bitcoin free BTC Online Wallets need any help I am always there in the comment box bellow.
This is Sagar Devkota Co-Founder of Time and Update. I write about Online Earning, Blogging, Web Hosting, Domain Registration, local technical news and some time about Cryptography. I also write about Git, Database, Java, Android, Linux (ubuntu). Studying Bachelor of Software Engineering.