Skip to main content

What is Cryptocurrency:Ways to own Bitcoin

                                                                                                    


Cryptocurrency is a digital currency or digital asset that is designed to work as a medium exchange. A strong and advanced mathematical code was used to secure cryptocurrency financial transactions or cryptography. Cryptography also controls the creation of additional units, and also use to verify the transfer of units assets.

  Cryptocurrency is decentralized, means that each cryptocurrency works through a ledger, known as a blockchain, that serves as a public financial database.

Bitcoin(BTC) the most popular, one of the very first successful decentralized cryptocurrency bein released as open-source software in 2009. There are over a thousand cryptocurrency created and hundreds are listed in Cryptocurrency Exchange.

 Bitcoin and other cryptocurrencies have their own value that can be based on U.S. Dollar. In short, Bitcoin is like the cash of the internet that can be used as payment and other online transactions and so as the other cryptocurrencies as well that are also called the altcoin (alternative coin). You can check Bitcoin Price and other Cryptos on CoinMarketCap.com

Ways to hold a Bitcoin                      

Mining
Buy Bitcoin
Online Jobs
Free Claim

To own/hold a Bitcoin, you need to have your own Bitcoin wallet first.

 Cryptocurrency Wallet as Simpler than said, it is just like our physical wallet, Cryptocurrency Wallet serves as your wallet to hold your bitcoin and your other Cryptos depends if your wallet supports it and can generate an address for transactions. It is actually a program software that stores the private key and public key, that acts as your signature for you to send and receive crypto/digital currency.

Coinbase is one of the Cryptocurrency wallets as an example that I can give. It is one of the very first browser and mobile app Cryptocurrency Wallet. Coinbase now supports multiple Cryptocurrencies which makes it easier to receive payments. Unfortunately, there are some countries that Coinbase has not supported yet in terms of transactions or buying cryptocurrency from them.

More about Cryptocurrency Wallet
READ MORE

Bitcoin Mining                            

Fiat money or currencies like US Dollars are printed with by the control of the government, base on supply and demand, while Bitcoin and other cryptocurrencies are created through mining by the use of computer hardware, Electric Power and internet data involved in this process.

ASIC Miner for example is a hardware that specially built to mine bitcoin and other cryptos that have a similar script from bitcoin such as BCH and Bitcoin Gold. But today, you can mine cryptocurrencies on your browser, downloadable application and other software using your computer's RAM and Graphics Card.

Buy Bitcoin                                  

Buying bitcoin and other cryptocurrencies are mostly preferable by many. As it can it can be greatly profitable when bought at the right time. We can buy bitcoins and other supported Cryptos as well from cryptocurrency exchanges or from the Cryptocurrency Wallet. They can be paid with wire transfers, VISA, Paypal and other more options.


If you plan to buy and exchange it with other cryptocurrencies, you can buy directly to  Binance, it supports VISA payment upon purchasing. Binance is one of the first and eligible Crypto Exchange. 


Online Jobs                                  

Buying Cryptocurrencies can sometimes lead to losses of your money due to its volatile state. If you don't want to spend your money on cryptos, but wanted to collect them and speculate to appreciate it's value, You can earn Cryptocurrencies by participating in online jobs that pay Crypto. Companies nowadays are adopting bitcoin and other cryptocurrencies as their payment option.

Cryptogrind is one of the websites that pay bitcoin to their freelancers. Jobs like Virtual Assistant, Web Developers and so on.

Free Cryptocurrency                  

Well you can earn free cryptocurrency from programs that are called Crypto Faucet websites. These are websites that reward people who visited them. Their main revenues are coming from the advertisement network and sponsors that need to reach impressions on their ads that were placed on the Crypto Faucets website. Though, the rewards are not that much,


Comments

Post a Comment

Popular posts from this blog

WAD.OJOOO.COM : Just another PTC for iOS, Android, and Desktop!

Wad.ojooo.com is one of the most innovative PTC Program available. Unlike other PTC platform, Wad.Ojooo have their own Mobile Application that is available in your Android phone, iOS Phone. Wad.Ojooo.com is a PTC website owned and operated by german company Ojooo Deutschland GmbH . It started operating on 2013, which also offers services like, Email Service, Web Creator and Advertising. Browser vs App When it comes to doing such tasks for few of my time in some PTC, Paid Surveys and claiming Crypto on faucets websites, i am really comfortable using my laptop and i am bit SPEEDY in completing tasks . In mobile browser in the other hand, i do messy things and slower , but most mobile application really do well and functionality is very easy especially on social media application like Facebook. Fewer people uses Facebook, Intagram and Youtube on desktops. More and more now uses Apps on their mobiles. Using wad.ojooo.com apps on mobile, is same as accessing in mobile brow
2 comments
Read more

SURVEYTIME.IO : Instantly get PAID per Survey!

Surveytime.io is one of the newest Paid Surveys Website. Unlike other Survey panel, it doesn't hold your earnings to their account and unable to withdraw if your earnings do not reach minimum cash out threshold. They pay you instantly most likely in PayPal Account. Earnings don't vary, they pay 1$ fix to every completed survey, and sent payment directly.  How to Join Signing-up is easy, with your Facebook account, Twitter or any Email Address you can join immediately. Its available worldwide. How Does It Work Like any other Survey panel, you need to get qualified to surveys available. first of, couple of qualifying question you need to provide, if you get qualified, you have to finish what you have started. and by then after completion, they pay you 1$ directly. Availability of Surveys Availability of surveys varies to your location, but usually they give surveys almost everyday. If you don't want to miss out surveys, they can notify you through Email No
4 comments
Read more

HONEYMINER, easiest way to mine Bitcoin.

If you already know about Bitcoin and Cryptocurrency, Honeyminer is a mining software that mines different Cryptocurrency using either of your computer’s CPU or GPU or both at the same time .  What is Honeyminer HoneyMiner is a mining software, that lets you mine bitcoin. It mines different kind of coins, depends to the algorithm of the program, what coins are best to mine. But even though it mines different coin (that you cant choose), it pays you Bitcoin (BTC). The coins you mine in the software converts it to bitcoin. How Mining Works Every successful block they get you earn your share and pays you Bitcoin. The faster your computer, the larger or higher share they give. General Experience Honeyminer is so simple and easy to set up. If you have read my post about Cryptotab (about CryptoTab   post)  they are both simple but, Honeyminer gives you the option to mine using GPU which mines faster then the CPU in 2, 3 folds or more depending on your GPU , while crypto
Post a Comment
Read more