Best Bitcoin Wallet http://best-bitcoin-wallet.net bitcoin wallet news Sat, 21 Mar 2015 05:22:16 +0000 en-US hourly 1 http://wordpress.org/?v=4.1.1 Earning Bitcoins for Beginners http://best-bitcoin-wallet.net/article/earning-bitcoins-beginners/ http://best-bitcoin-wallet.net/article/earning-bitcoins-beginners/#comments Mon, 04 Aug 2014 17:50:18 +0000 http://best-bitcoin-wallet.net/?p=99 Recently Bitcoin has gained great recognition from press thanks to its’ exponential price growth. Currently, people from all around the world have started using this digital currency, mostly looking to strike-it rich, or to simply take advantage-of its’ many unique features. Scrape Bitcoin Faucets The Bitcoin faucets have really played a key role in Bitcoin’s history. Faucets are basically websites which automatically-dispense free BTC to users who enter their Bitcoin address. This is actually an ideal way for all newbies to get a small-amount of free BTC. There are several different faucet sites, and each of them has its very own unique features. Say for example, there are some sites which require the players or users to complete a certain simple game, rather than solving the same old boring “Captcha”. There are also a number-of Bitcoin casino websites which give out coins to users and players These coins may be used when betting on dice rolls or on sports events. You can potentially earn much more from these websites, as compared to the regular faucets. Bitcoin Mining Bitcoin mining is a process of generating some Bitcoins by solving computationally difficult problems. It can also serve the purpose-of confirming certain transactions, which usually secure the network. In a layman’s terms, it simply means you may use the computer to crunch the numbers and get to earn BTC as rewards. The Bitcoin mining process is actually quite harder than it really sounds. In the year 2009, when virtual currency was 1st released, you could’ve been able to easily mine 100’s of BTC with a regular computer. However, today, miners usually employ some specialized devices in order for them to earn the 25-BTC block reward. As a matter of fact, the Bitcoin-network is about 256 times much faster than world’s top 500 super-computers combined. Who Can Take Part in Bitcoin Gold Rush It is possible for anyone to take part-in Bitcoin’s gold rush. You can simply join a mine pool and start working with other miners, & then get to split the reward(s) based on the amount of computational-work you have done. USB powered mining hardware like the ASIC-Miner Block Erupter is readily available, and it is quite affordable to average Bitcoin players or users. Though there’s the possibility that you may not make back the entire amount of money that you spent on buying the hardware, you’ll still get to learn just how Bitcoin works, & you will also earn some extra cash along the way. Selling Goods & Services You can get to earn Bitcoins by selling useful services and items to the community instead of just purchasing the Bitcoins on exchanges. If you want to sell an item or service, you should consider/opt accepting Bitcoins, rather than simply listing your item on eBay. There are even a number of Subway-shops who now accept Bitcoins as payment. One of the major features of Bitcoins is that they allow you to receive and send money from almost anywhere in the whole world, meaning that you can make cash by offering useful services and selling items to international customers and consumers. If you have a certain skill like graphics design or programming, you can earn a good amount-of Bitcoin by doing freelance work.

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Recently Bitcoin has gained great recognition from press thanks to its’ exponential price growth. Currently, people from all around the world have started using this digital currency, mostly looking to strike-it rich, or to simply take advantage-of its’ many unique features.

Scrape Bitcoin Faucets

The Bitcoin faucets have really played a key role in Bitcoin’s history. Faucets are basically websites which automatically-dispense free BTC to users who enter their Bitcoin address. This is actually an ideal way for all newbies to get a small-amount of free BTC. There are several different faucet sites, and each of them has its very own unique features. Say for example, there are some sites which require the players or users to complete a certain simple game, rather than solving the same old boring “Captcha”. There are also a number-of Bitcoin casino websites which give out coins to users and players These coins may be used when betting on dice rolls or on sports events. You can potentially earn much more from these websites, as compared to the regular faucets.

Bitcoin Mining

Bitcoin mining is a process of generating some Bitcoins by solving computationally difficult problems. It can also serve the purpose-of confirming certain transactions, which usually secure the network. In a layman’s terms, it simply means you may use the computer to crunch the numbers and get to earn BTC as rewards. The Bitcoin mining process is actually quite harder than it really sounds. In the year 2009, when virtual currency was 1st released, you could’ve been able to easily mine 100’s of BTC with a regular computer. However, today, miners usually employ some specialized devices in order for them to earn the 25-BTC block reward. As a matter of fact, the Bitcoin-network is about 256 times much faster than world’s top 500 super-computers combined.

Who Can Take Part in Bitcoin Gold Rush

It is possible for anyone to take part-in Bitcoin’s gold rush. You can simply join a mine pool and start working with other miners, & then get to split the reward(s) based on the amount of computational-work you have done. USB powered mining hardware like the ASIC-Miner Block Erupter is readily available, and it is quite affordable to average Bitcoin players or users. Though there’s the possibility that you may not make back the entire amount of money that you spent on buying the hardware, you’ll still get to learn just how Bitcoin works, & you will also earn some extra cash along the way.

Selling Goods & Services

You can get to earn Bitcoins by selling useful services and items to the community instead of just purchasing the Bitcoins on exchanges. If you want to sell an item or service, you should consider/opt accepting Bitcoins, rather than simply listing your item on eBay. There are even a number of Subway-shops who now accept Bitcoins as payment.

One of the major features of Bitcoins is that they allow you to receive and send money from almost anywhere in the whole world, meaning that you can make cash by offering useful services and selling items to international customers and consumers. If you have a certain skill like graphics design or programming, you can earn a good amount-of Bitcoin by doing freelance work.

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Coinbase Two-Factor Authentication http://best-bitcoin-wallet.net/article/coinbase-two-factor-authentication/ http://best-bitcoin-wallet.net/article/coinbase-two-factor-authentication/#comments Sun, 06 Jul 2014 06:37:51 +0000 http://best-bitcoin-wallet.net/?p=85 Coinbase recently required users to go through a two-factor authentication, also called 2FA, before carrying out certain transactions or changing account details. Their blog post which you can read here particularly explained that going through this process is a must if you want to send more than $100 of Bitcoin in one day. Here are other transactions which are associated to the 2FA: Frequently sending Bitcoins Linking your account to another mobile device Turning your API key on or off Altering your password lol Having a new SMS pin number Making changes in your Google Authenticator settings   How does this affect Coinbase users? Good news is that this rule introduced nothing but positive effects. Who would complain about putting another layer of protection against hackers and scammers on their BTC? Although it would mean going through a tedious process, 2FA is undoubtedly a good change particularly for those who do huge scale Bitcoin transactions for business purposes. It’s like putting your hard-earned money inside a deposit box, which only you can access, while being placed in a locked room. This is contrary to the original security scheme which resembles a vault. Opening the vault is close to impossible but if it happens, losing a lot is inevitable regardless of the owner. With the 2FA at play which depicts the deposit box setup, the attacker might get inside the room but he can’t go through the deposit box because a key, your phone, is needed. Despite this new security upgrade, Coinbase users should remain cautious. Be reminded that the 2FA is not applicable to Coinbase access via the OAuth and API key. Leaking your API key or authenticating apps via OAuth, which are intended to hack your access code, is the last thing you want to happen. This little flaw in the system is expected to be exploited by scammers since they are basically left with no other option. Coinbase users which include me are encouraged to avoid websites that asks for an API key and be extra careful in what apps they install on their phone.

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Coinbase recently required users to go through a two-factor authentication, also called 2FA, before carrying out certain transactions or changing account details. Their blog post which you can read here particularly explained that going through this process is a must if you want to send more than $100 of Bitcoin in one day. Here are other transactions which are associated to the 2FA:

  • Frequently sending Bitcoins
  • Linking your account to another mobile device
  • Turning your API key on or off
  • Altering your password lol
  • Having a new SMS pin number
  • Making changes in your Google Authenticator settings

 

How does this affect Coinbase users? Good news is that this rule introduced nothing but positive effects. Who would complain about putting another layer of protection against hackers and scammers on their BTC? Although it would mean going through a tedious process, 2FA is undoubtedly a good change particularly for those who do huge scale Bitcoin transactions for business purposes. It’s like putting your hard-earned money inside a deposit box, which only you can access, while being placed in a locked room. This is contrary to the original security scheme which resembles a vault. Opening the vault is close to impossible but if it happens, losing a lot is inevitable regardless of the owner. With the 2FA at play which depicts the deposit box setup, the attacker might get inside the room but he can’t go through the deposit box because a key, your phone, is needed.

Despite this new security upgrade, Coinbase users should remain cautious. Be reminded that the 2FA is not applicable to Coinbase access via the OAuth and API key. Leaking your API key or authenticating apps via OAuth, which are intended to hack your access code, is the last thing you want to happen. This little flaw in the system is expected to be exploited by scammers since they are basically left with no other option. Coinbase users which include me are encouraged to avoid websites that asks for an API key and be extra careful in what apps they install on their phone.

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Coinbase http://best-bitcoin-wallet.net/reviews/coinbase/ http://best-bitcoin-wallet.net/reviews/coinbase/#comments Fri, 13 Jun 2014 23:15:55 +0000 http://best-bitcoin-wallet.net/?p=35 Update: 03/15/2015- New Coinbase Referral program -Get and give free bitcoin by inviting your friends! Once your friends verify their account, you will both get $1 USD of free bitcoin. Click the green button at the end of the review to start. Bitcoin exchanges entirely rely on wallets for any kind of transaction whether trading, transfers, withdrawals or purchases. It is from wallets that merchants can view their balances and initiate exchange since it allows the use and acceptance of Bitcoin currencies. However, there are many companies that provide wallet services in both online and offline applications. For this reason, it is important to ensure you pick the right Bitcoin wallet that guarantees efficient service including tracking and security. Coinbase is one such wallet company that enables Bitcoin exchanges. What is Coinbase? Coinbase simply refers to a recognized international digital wallet used to secure and accept the transactions involving Bitcoin currency. This company provides sever based services as well as offline modules and mobile applications that allow traders to transact from anywhere in the world. It also provides security measures and procedures to ensure trading is kept secure. To make this possible, Coinbase includes certain combinations of services. Coinbase services and benefits There are many services that this system puts together to ensure merchants can trade (buy and sell) using Bitcoin in a secure environment. These services are what distinguish Coinbase from other digital wallets. Some of the benevolent services merchants enjoy from using Coinbase include the following; Committed security Wallet security is among Coinbase’s predominant strategies exhibited at every level of service provision. All employees are subjected to a criminal background investigation to ensure no fraudulent personnel are part of the organization. The entire server is run under secure encrypted SSL https and wallets are stored using a superior AES-256 encryption. Private keys also use the same encryption and Coinbase practice the use of separate passwords as well as two factor authentications. Besides the username and passwords, there is an additional expiring code that is entered from the mobile phone as an extra security layer. Other security regulations performed by this site include authenticity verification through SQL injection filters, attribute white-listing and actions limiting. These measures ensure all possible vulnerabilities are covered and user information is protected. Offline backup Coinbase allows users to store their data in personal offline PCs and links are detached to ensure security is not compromised. Sensitive data in the server can be split, encrypted and then copied to USB drivers (FIPS-140) as well as paper backups. The drives are then distributed in safety vaults or deposit bags to any geographical area. Coinbase also stores up to 97% client funds in offline bank vaults. This further enhances security measurements taken. Mobile wallet The ability to transact Bitcoin exchanges from anywhere in the world is a strong pro for Coinbase. They provide efficient apps customized for mobile phones which are just as secure as all other models of this service. There are various security restrictions in place to ensure all transfers or withdrawals made are genuine and secure. The mobile use, which is available for android and iPhone, also enables use of text message notifications and communications. Other currency Coinbase allows users to buy Bitcoin using US dollars and can also trade them for the same. Bank accounts can even be hooked up to enable these transactions just like other regular purchases, but in this case, buying and selling of Bitcoin. The small transfers between Coinbase accounts referred to as micropayments are fee-free while Bitcoin purchases or sales are charged at 1% current market rate. Conclusion Coinbase is the highest reputed Bitcoin exchange wallet a stand which is solemnly achieved due to its efforts in enhancing security. They take measures from the primary organizational levels like employee hiring to personnel computer protection, server security as well as client. The exchange rates are also very affordable and small inter-account transfers are not charged. Coinbase also allows users to store their information privately in offline computers to further limit server security vulnerabilities and theft cases. The numbers of security levels users are subjected to pass through in verifying their credibility eliminates all possible chances of fraudulent infiltrations. Users can access their accounts from anywhere in the world with the mobile phone wallet application provided. This ability makes Coinbase very convenient and effective. What’s more, personal bank accounts held with US banks can be linked to allow direct purchases of Bitcoin. In overall rating, Coinbase is absolutely efficient and effective, providing the best secure wallet and suitable for any Bitcoin trader.

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Update: 03/15/2015- New Coinbase Referral program
-Get and give free bitcoin by inviting your friends! Once your friends verify their account, you will both get $1 USD of free bitcoin. Click the green button at the end of the review to start.

Bitcoin exchanges entirely rely on wallets for any kind of transaction whether trading, transfers, withdrawals or purchases. It is from wallets that merchants can view their balances and initiate exchange since it allows the use and acceptance of Bitcoin currencies. However, there are many companies that provide wallet services in both online and offline applications. For this reason, it is important to ensure you pick the right Bitcoin wallet that guarantees efficient service including tracking and security. Coinbase is one such wallet company that enables Bitcoin exchanges.

What is Coinbase?

Coinbase simply refers to a recognized international digital wallet used to secure and accept the transactions involving Bitcoin currency. This company provides sever based services as well as offline modules and mobile applications that allow traders to transact from anywhere in the world. It also provides security measures and procedures to ensure trading is kept secure. To make this possible, Coinbase includes certain combinations of services.

Coinbase services and benefits

There are many services that this system puts together to ensure merchants can trade (buy and sell) using Bitcoin in a secure environment. These services are what distinguish Coinbase from other digital wallets. Some of the benevolent services merchants enjoy from using Coinbase include the following;

Committed security

Wallet security is among Coinbase’s predominant strategies exhibited at every level of service provision. All employees are subjected to a criminal background investigation to ensure no fraudulent personnel are part of the organization. The entire server is run under secure encrypted SSL https and wallets are stored using a superior AES-256 encryption. Private keys also use the same encryption and Coinbase practice the use of separate passwords as well as two factor authentications. Besides the username and passwords, there is an additional expiring code that is entered from the mobile phone as an extra security layer. Other security regulations performed by this site include authenticity verification through SQL injection filters, attribute white-listing and actions limiting. These measures ensure all possible vulnerabilities are covered and user information is protected.

Offline backup

Coinbase allows users to store their data in personal offline PCs and links are detached to ensure security is not compromised. Sensitive data in the server can be split, encrypted and then copied to USB drivers (FIPS-140) as well as paper backups. The drives are then distributed in safety vaults or deposit bags to any geographical area. Coinbase also stores up to 97% client funds in offline bank vaults. This further enhances security measurements taken.

Mobile wallet

The ability to transact Bitcoin exchanges from anywhere in the world is a strong pro for Coinbase. They provide efficient apps customized for mobile phones which are just as secure as all other models of this service. There are various security restrictions in place to ensure all transfers or withdrawals made are genuine and secure. The mobile use, which is available for android and iPhone, also enables use of text message notifications and communications.

Other currency

Coinbase allows users to buy Bitcoin using US dollars and can also trade them for the same. Bank accounts can even be hooked up to enable these transactions just like other regular purchases, but in this case, buying and selling of Bitcoin. The small transfers between Coinbase accounts referred to as micropayments are fee-free while Bitcoin purchases or sales are charged at 1% current market rate.

Conclusion

Coinbase is the highest reputed Bitcoin exchange wallet a stand which is solemnly achieved due to its efforts in enhancing security. They take measures from the primary organizational levels like employee hiring to personnel computer protection, server security as well as client. The exchange rates are also very affordable and small inter-account transfers are not charged. Coinbase also allows users to store their information privately in offline computers to further limit server security vulnerabilities and theft cases. The numbers of security levels users are subjected to pass through in verifying their credibility eliminates all possible chances of fraudulent infiltrations. Users can access their accounts from anywhere in the world with the mobile phone wallet application provided. This ability makes Coinbase very convenient and effective. What’s more, personal bank accounts held with US banks can be linked to allow direct purchases of Bitcoin. In overall rating, Coinbase is absolutely efficient and effective, providing the best secure wallet and suitable for any Bitcoin trader.

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LocalBitcoins http://best-bitcoin-wallet.net/reviews/localbitcoins/ http://best-bitcoin-wallet.net/reviews/localbitcoins/#comments Thu, 12 Jun 2014 23:26:00 +0000 http://best-bitcoin-wallet.net/?p=38 What is localbitcoins? When buying or selling, trading, or making other transactions, localbitcoins is your online virtual market for all things bitcoins. It makes the process move quickly and seamlessly; there are no paper trails, long application process, and you do not have to wait several days for the funds to hit your account. A simple online transaction allows you to have the funds in your account in no time, or make a profit when trading with other locals in your area. Allows you to trade in thousands of cities and countries, including the US. Instant transfers, take no time at all to receive your online currencies. You can buy and sell, and you simply choose your location before making the transaction. You can find local exchangers in your area, and make a profit on trades. Buy/sell/send In order to buy, sell, or send bitcoins, you are going to use your online localbitcoins wallet. Upon opening your wallet, you simply select the transaction type, and where you want to send the bitcoins to. All services are compatible with one another when using the site for transactions. Simply select the page address to which you want to send or sell, and the account will be deducted in no time. Online security Using localbitcoins as your virtual marketplace is a secure option for traders, buyers, and bitcoin sellers. There is a three step verification process prior to your account transaction takes place. This means you will have to enter a verification number prior to the account being withdrawn, or prior to funds being added to the account. Regardless of which address you are sending funds to, how much the transaction is valued at, or how secure the transaction may seem, prior to it going through on localbitcoins, you will have to verify the account at three different locations for your online security. Simple to use dashboard The online dashboard on your localbitcoins account page, allows you to see exactly what is taking place. If you have made a purchase, the seller will generally release the funds upon receipt of verification, and the account should automatically be credited. If you want to check how much you have available, or want to make another transaction, you can quickly and easily toggle through the dashboard, to perform the transaction of choice, which will take a matter of seconds for you to complete. The beauty of the online virtual world is there is no paper trial, and it will not take too long for accounts to be verified. If you want online currency or need a quick transaction process, your homepage dashboard is where to turn for quick processing, and to check for updates that have been made to your account. Online forum Another great feature of the localbitcoins site, is the online forum. If you are a buyer, seller, or trader, you can visit the forum to find other locals in your area, to buy, sell, and trade with. Further, you can read common post questions in the forum, you can find issues that have recently been resolved, and you can find answers to some of the most common questions that you would have as a trader, buyer, or seller on the site. Regardless of what you are looking for, what information is relevant to you, or what you want to find out about the bitcoin online currency, you will find the forum posts at the localbitcoins site, is a quick and easy way to find relevant information, new posts, and new information to your account online. Final thoughts If you use online currencies often, a virtual bitcoin buy, sell, and transfer site is the easiest way to go about these transactions. Not only is it quicker than traditional applications, it is also more secure, and easier to verify. With localbitcoins, you have the benefit of being able to see other locals in your area, making the transaction easier, and quicker. And, with additional security features in place, including the online three step verification code, you know your credit cards and cash payments are safe, and you also know the purchases you make are going to be directly applied to your account, and not erroneously added to someone else’s account.

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What is localbitcoins?

When buying or selling, trading, or making other transactions, localbitcoins is your online virtual market for all things bitcoins. It makes the process move quickly and seamlessly; there are no paper trails, long application process, and you do not have to wait several days for the funds to hit your account. A simple online transaction allows you to have the funds in your account in no time, or make a profit when trading with other locals in your area.

  • Allows you to trade in thousands of cities and countries, including the US.
  • Instant transfers, take no time at all to receive your online currencies.
  • You can buy and sell, and you simply choose your location before making the transaction.
  • You can find local exchangers in your area, and make a profit on trades.

Buy/sell/send

In order to buy, sell, or send bitcoins, you are going to use your online localbitcoins wallet. Upon opening your wallet, you simply select the transaction type, and where you want to send the bitcoins to. All services are compatible with one another when using the site for transactions. Simply select the page address to which you want to send or sell, and the account will be deducted in no time.

Online security

Using localbitcoins as your virtual marketplace is a secure option for traders, buyers, and bitcoin sellers. There is a three step verification process prior to your account transaction takes place. This means you will have to enter a verification number prior to the account being withdrawn, or prior to funds being added to the account. Regardless of which address you are sending funds to, how much the transaction is valued at, or how secure the transaction may seem, prior to it going through on localbitcoins, you will have to verify the account at three different locations for your online security.

Simple to use dashboard

The online dashboard on your localbitcoins account page, allows you to see exactly what is taking place. If you have made a purchase, the seller will generally release the funds upon receipt of verification, and the account should automatically be credited. If you want to check how much you have available, or want to make another transaction, you can quickly and easily toggle through the dashboard, to perform the transaction of choice, which will take a matter of seconds for you to complete. The beauty of the online virtual world is there is no paper trial, and it will not take too long for accounts to be verified. If you want online currency or need a quick transaction process, your homepage dashboard is where to turn for quick processing, and to check for updates that have been made to your account.

Online forum

Another great feature of the localbitcoins site, is the online forum. If you are a buyer, seller, or trader, you can visit the forum to find other locals in your area, to buy, sell, and trade with. Further, you can read common post questions in the forum, you can find issues that have recently been resolved, and you can find answers to some of the most common questions that you would have as a trader, buyer, or seller on the site. Regardless of what you are looking for, what information is relevant to you, or what you want to find out about the bitcoin online currency, you will find the forum posts at the localbitcoins site, is a quick and easy way to find relevant information, new posts, and new information to your account online.

Final thoughts

If you use online currencies often, a virtual bitcoin buy, sell, and transfer site is the easiest way to go about these transactions. Not only is it quicker than traditional applications, it is also more secure, and easier to verify. With localbitcoins, you have the benefit of being able to see other locals in your area, making the transaction easier, and quicker. And, with additional security features in place, including the online three step verification code, you know your credit cards and cash payments are safe, and you also know the purchases you make are going to be directly applied to your account, and not erroneously added to someone else’s account.

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CoinMama http://best-bitcoin-wallet.net/reviews/coinmama/ http://best-bitcoin-wallet.net/reviews/coinmama/#comments Sat, 14 Jun 2014 23:04:00 +0000 http://best-bitcoin-wallet.net/?p=30 What is Coinmama? Coinmama is basically an online virtual shop, where you can buy bitcoins and litecoins online. It allows for a quick and easy purchase transaction, with just a click of the mouse upon registering, you will be able to purchase. You simply select your payment method, select the amount you want to purchase, and at checkout will receive a receipt for your purchase. Why use coinmama? It is a flexible, easy online virtual community, allowing for quick money transfers, quick purchases, and allows you to purchase bitcoins seamlessly online. Using your debit or credit card, cash, or even western union the funds over, and you can purchase. No lengthy paper trail, no long waits, and no long application process; simply sign up for an account, apply a payment method, and you are ready to purchase. Offers a quick way to buy bitcoins online. Cash and credit card transactions are accepted. Offers affiliate program so you can earn with them. Simple transfer process You do not have to wait for your online currency to transfer. Upon verifying the account is yours, the virtual currency will appear in your online wallet immediately. It will never take more than a few hours to transfer to your online account; typically, transfers are made right away, and the currencies will be available to you instantly. Upon receiving the MTCN (ID Number), your account will be verified, and the currency will be available for use. Purchase process/ amounts When buying bitcoins or litecoins on coinmama, you simply have to select the purchase total; if you want to buy fewer or more than the designated amounts, simply click on buy a different amount to do so. There are limits in place as to how much you can send, if paying with western union or other transfer methods, but the process is quick and easy. You must enter personal information on the site, but your payment information will never be stored on the site, for security reasons. Coinmama’s Features For starters, and friendly, easy to use interface, makes purchasing online currencies quite simple to do. Using the online virtual transfer site, you will find coinmama literally requires no guesswork when applying for an account, or purchasing online currencies. New security features have also been added to protect your online currencies. The new multiple verification method requires a three step process prior to your online currencies being available for use, but it secures your online transactions. Google checkout, wire transfers, and new payment methods via credit card, are also in place to make the online purchase process safer. Additional features include a real time price calculator, so you know the exact values and transfer rates, to ensure you get the best value when you purchase online currencies with coinmama. A new transparent affiliate system also allows you to keep track of your referrals, and earnings through the site, so you always know how much you have available to you. Further, online communications, and different social media sites can be connected to using coinmama, to make the online purchase process as easy as possible. Security The site does offer optimal security, so you can feel secure each time you enter your credit card information to place a purchase. Although it does not cater to US residents, or companies, it does allow for easy transfer for those who are outside the US, looking to buy bitcoins. With additional security features in place, along with the three step verification system, you do not have to worry about online fraud, or security issues, if you do choose to make a purchase through the online virtual account. Final thoughts If you are looking to purchase virtual currencies, and want to find a simple online process, coinmama provides the easy to use virtual system. Not only does it take only a few minutes to set up your new account, but upon setting up your account, you are immediately able to purchase. It features great security, three step verification processes, and incorporates additional security measures for credit card purchases on the site, so you do not have to worry about online fraud, or theft occurring, if you do make purchases through the online virtual currency site system.

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What is Coinmama?

Coinmama is basically an online virtual shop, where you can buy bitcoins and litecoins online. It allows for a quick and easy purchase transaction, with just a click of the mouse upon registering, you will be able to purchase. You simply select your payment method, select the amount you want to purchase, and at checkout will receive a receipt for your purchase.

Why use coinmama?

It is a flexible, easy online virtual community, allowing for quick money transfers, quick purchases, and allows you to purchase bitcoins seamlessly online. Using your debit or credit card, cash, or even western union the funds over, and you can purchase. No lengthy paper trail, no long waits, and no long application process; simply sign up for an account, apply a payment method, and you are ready to purchase.

  • Offers a quick way to buy bitcoins online.
  • Cash and credit card transactions are accepted.
  • Offers affiliate program so you can earn with them.

Simple transfer process

You do not have to wait for your online currency to transfer. Upon verifying the account is yours, the virtual currency will appear in your online wallet immediately. It will never take more than a few hours to transfer to your online account; typically, transfers are made right away, and the currencies will be available to you instantly. Upon receiving the MTCN (ID Number), your account will be verified, and the currency will be available for use.

Purchase process/ amounts

When buying bitcoins or litecoins on coinmama, you simply have to select the purchase total; if you want to buy fewer or more than the designated amounts, simply click on buy a different amount to do so. There are limits in place as to how much you can send, if paying with western union or other transfer methods, but the process is quick and easy. You must enter personal information on the site, but your payment information will never be stored on the site, for security reasons.

Coinmama’s Features

For starters, and friendly, easy to use interface, makes purchasing online currencies quite simple to do. Using the online virtual transfer site, you will find coinmama literally requires no guesswork when applying for an account, or purchasing online currencies. New security features have also been added to protect your online currencies. The new multiple verification method requires a three step process prior to your online currencies being available for use, but it secures your online transactions. Google checkout, wire transfers, and new payment methods via credit card, are also in place to make the online purchase process safer.

Additional features include a real time price calculator, so you know the exact values and transfer rates, to ensure you get the best value when you purchase online currencies with coinmama. A new transparent affiliate system also allows you to keep track of your referrals, and earnings through the site, so you always know how much you have available to you. Further, online communications, and different social media sites can be connected to using coinmama, to make the online purchase process as easy as possible.

Security

The site does offer optimal security, so you can feel secure each time you enter your credit card information to place a purchase. Although it does not cater to US residents, or companies, it does allow for easy transfer for those who are outside the US, looking to buy bitcoins. With additional security features in place, along with the three step verification system, you do not have to worry about online fraud, or security issues, if you do choose to make a purchase through the online virtual account.

Final thoughts

If you are looking to purchase virtual currencies, and want to find a simple online process, coinmama provides the easy to use virtual system. Not only does it take only a few minutes to set up your new account, but upon setting up your account, you are immediately able to purchase. It features great security, three step verification processes, and incorporates additional security measures for credit card purchases on the site, so you do not have to worry about online fraud, or theft occurring, if you do make purchases through the online virtual currency site system.

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Coinkite http://best-bitcoin-wallet.net/reviews/coinkite/ http://best-bitcoin-wallet.net/reviews/coinkite/#comments Sun, 15 Jun 2014 20:24:56 +0000 http://best-bitcoin-wallet.net/?p=24 Coinkite is a website that offers online wallet management. It is the most sophisticated web wallet system in the world. The system empowers customers and related merchants to store, accept, buy or sell Bitcoins along with other crypto currencies. Coinkite offers this feature both in the physical and online world. It is more related to online banking and debit cards.  Features Get Started WebWallet Debit Cards In The News Terminals Locations Blog Get Started Before you can access the web wallets, you will be required to sign in the Coinkite platform. If you do not have an account, you will have to sign up. You will be required to enter your username, your email address and a password. After that, the system will process your sign up process, which will take time depending on your internet speed.  Once you have your credentials accepted, you will need to start with your membership level. Here, you will choose the currency you wish to use, then select your desired level. A starter level costs you nothing, but as from the personal level, you will start paying as from $10.99 per month. The highest level is the Enterprise level, which is charged at $2775.26 per month. The starter membership will allow you a 14-day trial of an executive level. You will then choose a desired memorable image, which should be captivating enough. The last step is enabling Bitcoin links. This is to allow you to purchase any product or make payment via your Bitcoin links.  Web Wallet This web wallet will allow you to make balances, send or receive Bitcoins. You will also be able to view your account progress in terms of Bitcoin chequing, Bitcoin Savings and My Litecoins. Coinkite advices that you transfer your transactions or, buying from exchanges determined by your location. Alternatively, you can send your coins from other wallets into a generated code given on your page.  Debit Cards Coinkite allows you to have access to different debit cards across the network. They sell Bitcoin debit cards and they will ship some users free cards. However, to qualify for a free debit card, you must have a monthly or yearly paid account. If you don’t have a card but have an account, you will be required to update your mailing details. There are also linked cards that are featured by the website, though you will have to link them in order for them to be activated. Nevertheless, if you lack a Coinkite card, you can login on the terminal using your smart phone using the QR code. You will simply scan the QR code to be granted access, but the code must be used immediately or it will expire.  In The News These are featured headlines from around the world that are related to Coinkite. They have appeared among leading magazines and newspapers in the world.  Terminal Locations This is a map and a list of the countries that offer Bitcoins services. Specifically, where one can make their Coinkite transactions from different countries around the world. The included countries are America, Russian Federation, Singapore, Australia, Canada, Netherlands, China, Japan, Brazil, Switzerland, Japan, United Kingdom, Korea Republic, New Zealand and Jersey. There are locations that are included in every country to where you can make your Bitcoins transactions.  Blog The Coinkite blog incorporates multiple news on how to carry on a Bitcoin transaction. The blogs also feature some history on Coinkite. There are also a number of how –to posts, which assists you in whichever area that you are stuck. You will also get to know about the website updates via the blog page. When you click on the blog link, you will be redirected into an outer page, but still under coinkite.com. Final Thought Coinkite is the most advanced web wallet system in the whole world, which offers many transaction options of the Bitcoins. It allows you to make your transactions from whichever location you are in. However, your country must appear in the payment terminal listing in order for you to make your transaction. It is a system worth trying given the free membership starter level. You will also be able to see all your transactions online on your created page. No hackers can access your account, so you can be sure of your transactions being safe and private.

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Coinkite is a website that offers online wallet management. It is the most sophisticated web wallet system in the world. The system empowers customers and related merchants to store, accept, buy or sell Bitcoins along with other crypto currencies. Coinkite offers this feature both in the physical and online world. It is more related to online banking and debit cards. 

Features

  • Get Started
  • WebWallet
  • Debit Cards
  • In The News
  • Terminals Locations
  • Blog

Get Started

Before you can access the web wallets, you will be required to sign in the Coinkite platform. If you do not have an account, you will have to sign up. You will be required to enter your username, your email address and a password. After that, the system will process your sign up process, which will take time depending on your internet speed. 

Once you have your credentials accepted, you will need to start with your membership level. Here, you will choose the currency you wish to use, then select your desired level. A starter level costs you nothing, but as from the personal level, you will start paying as from $10.99 per month. The highest level is the Enterprise level, which is charged at $2775.26 per month. The starter membership will allow you a 14-day trial of an executive level. You will then choose a desired memorable image, which should be captivating enough. The last step is enabling Bitcoin links. This is to allow you to purchase any product or make payment via your Bitcoin links. 

Web Wallet

This web wallet will allow you to make balances, send or receive Bitcoins. You will also be able to view your account progress in terms of Bitcoin chequing, Bitcoin Savings and My Litecoins. Coinkite advices that you transfer your transactions or, buying from exchanges determined by your location. Alternatively, you can send your coins from other wallets into a generated code given on your page. 

Debit Cards

Coinkite allows you to have access to different debit cards across the network. They sell Bitcoin debit cards and they will ship some users free cards. However, to qualify for a free debit card, you must have a monthly or yearly paid account. If you don’t have a card but have an account, you will be required to update your mailing details. There are also linked cards that are featured by the website, though you will have to link them in order for them to be activated. Nevertheless, if you lack a Coinkite card, you can login on the terminal using your smart phone using the QR code. You will simply scan the QR code to be granted access, but the code must be used immediately or it will expire. 

In The News

These are featured headlines from around the world that are related to Coinkite. They have appeared among leading magazines and newspapers in the world. 

Terminal Locations

This is a map and a list of the countries that offer Bitcoins services. Specifically, where one can make their Coinkite transactions from different countries around the world. The included countries are America, Russian Federation, Singapore, Australia, Canada, Netherlands, China, Japan, Brazil, Switzerland, Japan, United Kingdom, Korea Republic, New Zealand and Jersey. There are locations that are included in every country to where you can make your Bitcoins transactions. 

Blog

The Coinkite blog incorporates multiple news on how to carry on a Bitcoin transaction. The blogs also feature some history on Coinkite. There are also a number of how –to posts, which assists you in whichever area that you are stuck. You will also get to know about the website updates via the blog page. When you click on the blog link, you will be redirected into an outer page, but still under coinkite.com.

Final Thought

Coinkite is the most advanced web wallet system in the whole world, which offers many transaction options of the Bitcoins. It allows you to make your transactions from whichever location you are in. However, your country must appear in the payment terminal listing in order for you to make your transaction. It is a system worth trying given the free membership starter level. You will also be able to see all your transactions online on your created page. No hackers can access your account, so you can be sure of your transactions being safe and private.

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Bitstamp http://best-bitcoin-wallet.net/reviews/bitstamp/ http://best-bitcoin-wallet.net/reviews/bitstamp/#comments Fri, 13 Jun 2014 23:14:00 +0000 http://best-bitcoin-wallet.net/?p=95 What is Bitstamp Bitcoin exchanges are an important part of the Bitcoin electronic currency system. They make it possible for Bitcoin users to buy and sell t liquidity for those who want to use Bitcoin as a way to buy ordinary products. Bitstamp is an exchange marketplace for the Bitcoin electronic currency. The company is located in Slovenia. Bitstamp company has the mission to provide access to an efficient Bitcoin exchange solution to investors, merchants, and individuals. They offer easy deposit and withdrawal of Bitcoins exchanged for traditional currencies, and robust Bitcoin trading services. Today, Bitstamp is one of the largest Bitcoin exchanges available on the market. Since the company was founded several years ago, it has continuously growing. Today they reach a trade volume of more than two million dollars per month. Bitstamp exchange caters particularly to the European market, but also has many US customers. The company was founded by Nejc Kodric Bitstamp provides the highest real volume of all exchanges They are a reputable company with good AML / KYC work and quick withdrawal time Bitstamp works with Coinbase, which is granting legitimacy. Buy and Sell Bitstamp provide Bitcoin/US dollar exchange services. The company acts like an exchange marketplace where users can buy and sell Bitcoin currency between themselves. Today Bitstamp is the second largest Bitcoin exchange in the world, next after MtGox. The fees for Bitcoin exchanges on Bitstamp are maintained relatively low, at 0.20-0.50 percent. The deposits on Bitstamp are usually processed within a 24 hours period and the main deposit method used is bank transfer. The main exchange trades practiced on Bitstamp are between USD and BTC, even if the primary target of the company is European users. This is for the liquidity reasons. The conversion rates practiced on Bitstamp are quite favorable. In order to further increase the exchange’s efficiency, Bitstamp also features multi-currency support, allowing its users to hold funds in EUR, GBP, and CHF. Link Bank Account On Bitstamp US customers can deposit and withdraw dollars by using wire transfers. EU customers have the possibility to link their bank accounts to Bitstamp in order to directly move dollars between their financial institutions and Bitstamp. The deposits and withdraws each time they buy and sell Bitcoins become automatic once the link to the bank account is done. The most popular deposit mechanism on Bitstamp for European customers are SEPA bank deposits. The process of buying BTC through SEPA with Bitstamp is a quite simple. For international users, there is a two to five day waiting period and a minimum deposit fee of $15 per transfer. Instant Orders Once the customers deposit funds in their setup accounts with Bitstamp they have the possibility buy and sell Bitcoins by using Instant Orders. With an Instant Order when customers enter their buy and sell orders these orders are immediately executed at the best price available at that time. Limit Orders Customers of Bitstamp can use Limit Orders for buying and selling at specific prices indicated by them. On Bitstamp the Limit Orders stay open until they are either executed in the market or cancelled by the client. Order Book Order Books in list format are used to publish on Bitstamp all the bid and ask orders with the price and volume information. They have the role to inform all buyers and sellers on the market’s situation. Holds Bitcoins Bitstamp customers can hold and store Bitcoins, check their account activities and their balances. Holds Dollars Bitstamp customers can also hold, deposit, store, and withdraw US dollars in their accounts. Other Currencies Bitstamp also provides support for deposit and withdraws for Swiss francs, Euro, and British pounds. Security Bitstamp exchange operates safely and provides a high security for the users’ accounts. The exchange is invulnerable to hacks because more than 90 percent of client funds are stored in offline cold storage. CentOS, a secure operation system that is also used by the US military. Final Thoughts Bitstamp exchange has a number of useful features that make it one of the most prominent and reputable Bitcoin exchange on the market today. With a large Bitcoin trade volume that places them on the second place worldwide, Bitstamp is a fast growing company. They have a bright future ahead as the Bitcoin European market continues to grow. Clients can use Bitstamp exchange services with confidence and peace of mind. The company provides a high level of security for its users’ accounts and the funds are safely stored on offline cold storage. The exchange fees practiced by Bitstamp are relatively low, at only 0.20-0.50 percent.

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What is Bitstamp

Bitcoin exchanges are an important part of the Bitcoin electronic currency system. They make it possible for Bitcoin users to buy and sell t liquidity for those who want to use Bitcoin as a way to buy ordinary products.

Bitstamp is an exchange marketplace for the Bitcoin electronic currency. The company is located in Slovenia. Bitstamp company has the mission to provide access to an efficient Bitcoin exchange solution to investors, merchants, and individuals. They offer easy deposit and withdrawal of Bitcoins exchanged for traditional currencies, and robust Bitcoin trading services.

Today, Bitstamp is one of the largest Bitcoin exchanges available on the market. Since the company was founded several years ago, it has continuously growing. Today they reach a trade volume of more than two million dollars per month. Bitstamp exchange caters particularly to the European market, but also has many US customers. The company was founded by Nejc Kodric

  • Bitstamp provides the highest real volume of all exchanges
  • They are a reputable company with good AML / KYC work and quick withdrawal time
  • Bitstamp works with Coinbase, which is granting legitimacy.

Buy and Sell

Bitstamp provide Bitcoin/US dollar exchange services. The company acts like an exchange marketplace where users can buy and sell Bitcoin currency between themselves. Today Bitstamp is the second largest Bitcoin exchange in the world, next after MtGox. The fees for Bitcoin exchanges on Bitstamp are maintained relatively low, at 0.20-0.50 percent. The deposits on Bitstamp are usually processed within a 24 hours period and the main deposit method used is bank transfer.

The main exchange trades practiced on Bitstamp are between USD and BTC, even if the primary target of the company is European users. This is for the liquidity reasons. The conversion rates practiced on Bitstamp are quite favorable. In order to further increase the exchange’s efficiency, Bitstamp also features multi-currency support, allowing its users to hold funds in EUR, GBP, and CHF.

Link Bank Account

On Bitstamp US customers can deposit and withdraw dollars by using wire transfers. EU customers have the possibility to link their bank accounts to Bitstamp in order to directly move dollars between their financial institutions and Bitstamp. The deposits and withdraws each time they buy and sell Bitcoins become automatic once the link to the bank account is done.

The most popular deposit mechanism on Bitstamp for European customers are SEPA bank deposits. The process of buying BTC through SEPA with Bitstamp is a quite simple.

For international users, there is a two to five day waiting period and a minimum deposit fee of $15 per transfer.

Instant Orders

Once the customers deposit funds in their setup accounts with Bitstamp they have the possibility buy and sell Bitcoins by using Instant Orders. With an Instant Order when customers enter their buy and sell orders these orders are immediately executed at the best price available at that time.

Limit Orders

Customers of Bitstamp can use Limit Orders for buying and selling at specific prices indicated by them. On Bitstamp the Limit Orders stay open until they are either executed in the market or cancelled by the client.

Order Book

Order Books in list format are used to publish on Bitstamp all the bid and ask orders with the price and volume information. They have the role to inform all buyers and sellers on the market’s situation.

Holds Bitcoins

Bitstamp customers can hold and store Bitcoins, check their account activities and their balances.

Holds Dollars

Bitstamp customers can also hold, deposit, store, and withdraw US dollars in their accounts.

Other Currencies

Bitstamp also provides support for deposit and withdraws for Swiss francs, Euro, and British pounds.

Security

Bitstamp exchange operates safely and provides a high security for the users’ accounts. The exchange is invulnerable to hacks because more than 90 percent of client funds are stored in offline cold storage. CentOS, a secure operation system that is also used by the US military.

Final Thoughts

Bitstamp exchange has a number of useful features that make it one of the most prominent and reputable Bitcoin exchange on the market today. With a large Bitcoin trade volume that places them on the second place worldwide, Bitstamp is a fast growing company. They have a bright future ahead as the Bitcoin European market continues to grow. Clients can use Bitstamp exchange services with confidence and peace of mind. The company provides a high level of security for its users’ accounts and the funds are safely stored on offline cold storage. The exchange fees practiced by Bitstamp are relatively low, at only 0.20-0.50 percent.

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CaVirtEx http://best-bitcoin-wallet.net/reviews/cavirtex/ http://best-bitcoin-wallet.net/reviews/cavirtex/#comments Tue, 10 Jun 2014 01:58:33 +0000 http://best-bitcoin-wallet.net/?p=50 What is cavirtex? For Canadians who are looking for an online virtual currency trader, cavirtex is the first virtual site you can use, to trade, buy, and sell bitcoin, and other forms of online currency. The virtual site allows you to sell and purchase bitcoins, with Canadian dollars, make simple transfers, sales, and withdrawals on the site, all with minimal fees, and excellent security is in place, to ensure you are safe when you are working on the site, and performing online transactions in the virtual exchange market. The first online virtual currency trader for Canadian customers. Provides an easy to use platform, and allows you to make transactions in a matter of minutes. Provides you an easy to use online wallet, for trading, purchase, and other online transactions. Minimal fees for deposits and withdrawals as they are made on the site. Online security When you join cavirtex, online security is not something that you have to be concerned about. First off, security encryption is in place, via SSL and othero nline tactics, in an attempt to keep you safe on the web. Browser identification is required prior to being able to make a transaction, and you will also have to go through a two step verification process, in order to be able to make the trade, or to purchase any form of virtual currency on the site. Hourly backups are performed on the site as well, to guarantee your security, to keep your account safe, and to ensure there are no additional security breaches to your account, if anyone is trying to use your account to make a purchase or a sale of bitcoins and other online currencies that are on the site. Deposit or withdraw On most bitcoin sites, you can’t withdraw cash; the cavirtex site not only allows you to make deposits of funds, it allows you to withdraw funds from your account as well. You simply click on the deposit or the withdraw button at the top of the page, based on what you want to do when you are on your account page. From there, you input the amount you want to withdraw, and you will pay a minimum fee for the transaction to be processed through the online dashboard on your account page. Limits for security In terms of daily (weekly and monthly) deposits and withdrawals, there are also federal regulations in place to provide you additional security when you are on the cavirtex site. The limits are in place, which will restrict you as to how much you can take out from your account each day, and how many transactions you can perform on your dashboard. Site features In addition to the deposits, withdraws, and trades that you can make on the site, the cavirtex also has an open trade section, allowing you to perform additional transactions. New forms of currencies are going to be added to the account, which are intended to allow you to perform more trades, outside of the bitcoin market. Although there are fees in place for the transactions that you do make, the site allows for ease of maneuverability, it allows you to quickly and easily perform several transactions, and the site gives you access to all account information, directly from your online dashboard. If you are new to bitcoin trading, purchases, and transactions, the site is very easy to navigate, provides current rates, and provides you with all information that is relevant to the work you are going to be doing on the site. Overall If you are in the Canadian market, and in search of a great, trusted, and secure online virtual exchange site and e wallet, cavirtex is a site you may want to consider. In addition to deposits, you can withdraw from the site as well. You can make trade, buy, and sell. You have information right in front of you when you are performing any transaction on the site. Further, additional alternate coins and online currencies are being added, and the cavirtex team plans on expanding, in order to allow people who are not in the Canadian market, to be able to use the site, and perform a variety of exchanges, purchases, and trades on the site.

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What is cavirtex?

For Canadians who are looking for an online virtual currency trader, cavirtex is the first virtual site you can use, to trade, buy, and sell bitcoin, and other forms of online currency. The virtual site allows you to sell and purchase bitcoins, with Canadian dollars, make simple transfers, sales, and withdrawals on the site, all with minimal fees, and excellent security is in place, to ensure you are safe when you are working on the site, and performing online transactions in the virtual exchange market.

  • The first online virtual currency trader for Canadian customers.
  • Provides an easy to use platform, and allows you to make transactions in a matter of minutes.
  • Provides you an easy to use online wallet, for trading, purchase, and other online transactions.
  • Minimal fees for deposits and withdrawals as they are made on the site.

Online security

When you join cavirtex, online security is not something that you have to be concerned about. First off, security encryption is in place, via SSL and othero nline tactics, in an attempt to keep you safe on the web. Browser identification is required prior to being able to make a transaction, and you will also have to go through a two step verification process, in order to be able to make the trade, or to purchase any form of virtual currency on the site. Hourly backups are performed on the site as well, to guarantee your security, to keep your account safe, and to ensure there are no additional security breaches to your account, if anyone is trying to use your account to make a purchase or a sale of bitcoins and other online currencies that are on the site.

Deposit or withdraw

On most bitcoin sites, you can’t withdraw cash; the cavirtex site not only allows you to make deposits of funds, it allows you to withdraw funds from your account as well. You simply click on the deposit or the withdraw button at the top of the page, based on what you want to do when you are on your account page. From there, you input the amount you want to withdraw, and you will pay a minimum fee for the transaction to be processed through the online dashboard on your account page.

Limits for security

In terms of daily (weekly and monthly) deposits and withdrawals, there are also federal regulations in place to provide you additional security when you are on the cavirtex site. The limits are in place, which will restrict you as to how much you can take out from your account each day, and how many transactions you can perform on your dashboard.

Site features

In addition to the deposits, withdraws, and trades that you can make on the site, the cavirtex also has an open trade section, allowing you to perform additional transactions. New forms of currencies are going to be added to the account, which are intended to allow you to perform more trades, outside of the bitcoin market. Although there are fees in place for the transactions that you do make, the site allows for ease of maneuverability, it allows you to quickly and easily perform several transactions, and the site gives you access to all account information, directly from your online dashboard. If you are new to bitcoin trading, purchases, and transactions, the site is very easy to navigate, provides current rates, and provides you with all information that is relevant to the work you are going to be doing on the site.

Overall

If you are in the Canadian market, and in search of a great, trusted, and secure online virtual exchange site and e wallet, cavirtex is a site you may want to consider. In addition to deposits, you can withdraw from the site as well. You can make trade, buy, and sell. You have information right in front of you when you are performing any transaction on the site. Further, additional alternate coins and online currencies are being added, and the cavirtex team plans on expanding, in order to allow people who are not in the Canadian market, to be able to use the site, and perform a variety of exchanges, purchases, and trades on the site.

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BlockChain http://best-bitcoin-wallet.net/reviews/blockchain/ http://best-bitcoin-wallet.net/reviews/blockchain/#comments Mon, 09 Jun 2014 01:59:09 +0000 http://best-bitcoin-wallet.net/?p=52 What is BlockChain? BlockChain is an online bitcoin wallet. It works by providing current rates, values of the different currencies, and allows you to buy and sell bitcoins, so you can use the virtual currency. It is an online virtual site, meaning there is no paperwork, and meaning you do not have to wait a lengthy process, in order to purchase and sell. If you use online currencies often, it is a great site for you to visit to find the current rate, to find the trends, and to purchase bitcoins, so you can use them for the online purchases that you make. Offers currency rates and stats. It is not as navigable as other bitcoin sites you can work with. Wallet allows you to purchase and sell. You see the current rates, so you are always aware of how much the value is of the bitcoin, versus other currencies online. Charts The BlockChain site is great, because it allows you to view bitcoins, in comparison to other online currencies and values. You can choose from a variety of charts to view, and different information that is relevant to what you are doing online, if you are looking to buy or sell, and want to ensure you are always getting the best rate for the online virtual currency. You can look at charts in the form of market capitalization or the bitcoins which are currently in circulation. You can also view total transaction fees, number of transactions, bitcoin addresses used, and more. Not only do you have access to all information on the dash, you are also going to be able to see the current trends, values, rates, and all other relevant information about the online virtual currency, when you visit the charts tab on the home page of the BlockChain site. Stats You also have the stats section, which is going to provide you with the most up to date information on the bitcoin market. Not only values, but also recent trades and purchases, addresses they were purchased and sold from, and what you can do to find the best rate if you are going to buy. You also see the market price, comparison prices, and the going rate, so you know what the latest values are, and so you always know what to look for in the market, when you are dealing with the online virtual currency broker site. My wallet On BlockChain, you can sign up for my wallet, which is free of charge. You will set up your wallet, add funds, and are then able to purchase and sell bitcoins, and other online currencies, on the site. There are no fees, which is often the case with other bitcoin wallet sites. This means you can make as many transactions (up to the limits), without having to worry about any fees, or paying a penalty, if you are doing more on a certain day, in comparison to other days of the month. If you are new to bitcoin, the wallet also allows you to try out a demo account. What this is going to do, is it is going to allow you to learn how the site works, how bitcoins work, and how online virtual currencies work in general. So, if you are brand new to this, or if you simply would like to learn a bit more, prior to putting your money in to the site, you are going to be able to do so when you visit the my wallet section, and sign up for a free demo or for your own free account with BlockChain. Overall This BlockChain site is more informational, than anything. It provides you with recent trends, values, charts, and information that you need, in order to know what is going on in the virtual online currency world. Further, it is going to provide you the latest values, so you know you are getting a great deal. If you are new to bitcoins, or if you simply want to have the most up to date information when buying, selling, or trading, the BlockChain site is a great one to visit, and to get the most up to date information that is available to you.

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What is BlockChain?

BlockChain is an online bitcoin wallet. It works by providing current rates, values of the different currencies, and allows you to buy and sell bitcoins, so you can use the virtual currency. It is an online virtual site, meaning there is no paperwork, and meaning you do not have to wait a lengthy process, in order to purchase and sell. If you use online currencies often, it is a great site for you to visit to find the current rate, to find the trends, and to purchase bitcoins, so you can use them for the online purchases that you make.

  • Offers currency rates and stats.
  • It is not as navigable as other bitcoin sites you can work with.
  • Wallet allows you to purchase and sell.
  • You see the current rates, so you are always aware of how much the value is of the bitcoin, versus other currencies online.

Charts

The BlockChain site is great, because it allows you to view bitcoins, in comparison to other online currencies and values. You can choose from a variety of charts to view, and different information that is relevant to what you are doing online, if you are looking to buy or sell, and want to ensure you are always getting the best rate for the online virtual currency. You can look at charts in the form of market capitalization or the bitcoins which are currently in circulation. You can also view total transaction fees, number of transactions, bitcoin addresses used, and more. Not only do you have access to all information on the dash, you are also going to be able to see the current trends, values, rates, and all other relevant information about the online virtual currency, when you visit the charts tab on the home page of the BlockChain site.

Stats

You also have the stats section, which is going to provide you with the most up to date information on the bitcoin market. Not only values, but also recent trades and purchases, addresses they were purchased and sold from, and what you can do to find the best rate if you are going to buy. You also see the market price, comparison prices, and the going rate, so you know what the latest values are, and so you always know what to look for in the market, when you are dealing with the online virtual currency broker site.

My wallet

On BlockChain, you can sign up for my wallet, which is free of charge. You will set up your wallet, add funds, and are then able to purchase and sell bitcoins, and other online currencies, on the site. There are no fees, which is often the case with other bitcoin wallet sites. This means you can make as many transactions (up to the limits), without having to worry about any fees, or paying a penalty, if you are doing more on a certain day, in comparison to other days of the month. If you are new to bitcoin, the wallet also allows you to try out a demo account. What this is going to do, is it is going to allow you to learn how the site works, how bitcoins work, and how online virtual currencies work in general. So, if you are brand new to this, or if you simply would like to learn a bit more, prior to putting your money in to the site, you are going to be able to do so when you visit the my wallet section, and sign up for a free demo or for your own free account with BlockChain.

Overall

This BlockChain site is more informational, than anything. It provides you with recent trends, values, charts, and information that you need, in order to know what is going on in the virtual online currency world. Further, it is going to provide you the latest values, so you know you are getting a great deal. If you are new to bitcoins, or if you simply want to have the most up to date information when buying, selling, or trading, the BlockChain site is a great one to visit, and to get the most up to date information that is available to you.

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Cryptsy http://best-bitcoin-wallet.net/reviews/cryptsy/ http://best-bitcoin-wallet.net/reviews/cryptsy/#comments Sun, 08 Jun 2014 01:59:56 +0000 http://best-bitcoin-wallet.net/?p=54 Bitcoin mining popularity has been gradually increasing with the introduction of many companies that now fancy this investment. Nonetheless, there exist several factors that should be considered when choosing a Bitcoin company mainly due to the uncertainties associated with the digital currency. Among them is the fluid nature of currency status and buying power, security, customer service, hardware costs among others. Cryptsy is one of the companies that have now introduced a new focus into the Bitcoin world. What is Cryptsy? Since its inception in 2013, Cryptsy has grown to become the largest platform for trading cryptocoin. It introduced a Bitcoin mining plan that allows customers to trade internet mining GHS among each other in the online market. It offers a lifetime mining contract (MN1) for Bitcoin mining to traders (clients and customers) who are allowed to sell it at will. This Bitcoin mining company is structured towards offering traders a variety of services to enable them gain benefits in the torrid market. Cryptsy features and benefits Besides being the largest recognized institution in this sector, Cryptsy has many features and services that distinguish it from other providers. They may be considered a more expensive option when compared with other companies, but their services are also superior. It maintains ultimate adherence towards statutory financial regulations and also plans on incorporating fiat currencies. Besides, Cryptsy enjoys an excellent relationship and reputation with the Bitcoin community. Their features include the following; Customer service Cryptsy is a very professional establishment and this is manifested across the entire system and workforce, including their technical support and records. They provide fast responses to tickets which are usually answered not later than 24 hours unless it is a special situation. They are strict to the defined policies which all clients are subjected to clearly understand before involvement. Processing of payouts The payouts for Bitcoin mining are added to clients account balances once in a day and requests for withdrawal receive prompt processing. This speedy processing ensures clients are flexible within the unpredictable market where currency values can experience significant fluctuations. Since Cryptsy usually deals with large money transactions, there are various security measures taken to ensure safe Bitcoin withdrawals to personal accounts. Safety and security This is Cryptsy’s greatest advantage. Secure transaction is the epicenter of any Bitcoin venture since processed requests are irrevocable. Cryptsy utilized a 2FA security technology in approving all activated withdrawal requests. The security encryption is very strong and has never been hacked with users encouraged to change their passwords regularly. This should however be done after the days withdrawals have been completed since automatic 24 hour holds are placed on changed passwords. This is used as an additional security measure to protect clients and customers. USD markets Cryptsy is has already started adding US dollar markets within their system which is a very tremendous achievement. With the heavy regulations associated with the government regulated currency, incorporating it with crypto currencies, which are fully deregulated is ambitious. However, this is a possibility witnessed in this company and is set to elicit positive improvements in terms of security as well as acceptance. This option is however only available for verified accounts. MN1 lifetime shares Many negative critics surround the lifetime contract leasing that Cryptsy is currently issuing. This is based on many assumptions that will remain to be proven and the most important thing right now is the opportunity presented. Bitcoin world is often reliant on momentous opportunities to fetch profit and future prospects of 1Gh value do not seem an apparent concern. There is a hot market, which is ready to be exploited and shares can be sold at any given time. Conclusion It is no doubt that Cryptsy is indeed expensive as compared to other mining avenues. However, the level of security and strategic focus of the company provides assurance over future benefits. The inclusion of fiat currencies also opens up many opportunities and crypto currency may become the next global phenomenon. This company also offers efficient customer support to ensure coin transfers, tickets and withdrawals are timely processed. The lifetime contract ownership allows traders to buy or sell whenever they wish without any restriction. In an overall rating, Cryptsy is benevolent to professional miners who deal with large money investments in trading rather than reward benefits. It offers opportunity to make grand profits from trading the currencies, although Bitcoin benefits can also be fetched.

The post Cryptsy appeared first on Best Bitcoin Wallet.

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Bitcoin mining popularity has been gradually increasing with the introduction of many companies that now fancy this investment. Nonetheless, there exist several factors that should be considered when choosing a Bitcoin company mainly due to the uncertainties associated with the digital currency. Among them is the fluid nature of currency status and buying power, security, customer service, hardware costs among others. Cryptsy is one of the companies that have now introduced a new focus into the Bitcoin world.

What is Cryptsy?

Since its inception in 2013, Cryptsy has grown to become the largest platform for trading cryptocoin. It introduced a Bitcoin mining plan that allows customers to trade internet mining GHS among each other in the online market. It offers a lifetime mining contract (MN1) for Bitcoin mining to traders (clients and customers) who are allowed to sell it at will. This Bitcoin mining company is structured towards offering traders a variety of services to enable them gain benefits in the torrid market.

Cryptsy features and benefits

Besides being the largest recognized institution in this sector, Cryptsy has many features and services that distinguish it from other providers. They may be considered a more expensive option when compared with other companies, but their services are also superior. It maintains ultimate adherence towards statutory financial regulations and also plans on incorporating fiat currencies. Besides, Cryptsy enjoys an excellent relationship and reputation with the Bitcoin community. Their features include the following;

Customer service

Cryptsy is a very professional establishment and this is manifested across the entire system and workforce, including their technical support and records. They provide fast responses to tickets which are usually answered not later than 24 hours unless it is a special situation. They are strict to the defined policies which all clients are subjected to clearly understand before involvement.

Processing of payouts

The payouts for Bitcoin mining are added to clients account balances once in a day and requests for withdrawal receive prompt processing. This speedy processing ensures clients are flexible within the unpredictable market where currency values can experience significant fluctuations. Since Cryptsy usually deals with large money transactions, there are various security measures taken to ensure safe Bitcoin withdrawals to personal accounts.

Safety and security

This is Cryptsy’s greatest advantage. Secure transaction is the epicenter of any Bitcoin venture since processed requests are irrevocable. Cryptsy utilized a 2FA security technology in approving all activated withdrawal requests. The security encryption is very strong and has never been hacked with users encouraged to change their passwords regularly. This should however be done after the days withdrawals have been completed since automatic 24 hour holds are placed on changed passwords. This is used as an additional security measure to protect clients and customers.

USD markets

Cryptsy is has already started adding US dollar markets within their system which is a very tremendous achievement. With the heavy regulations associated with the government regulated currency, incorporating it with crypto currencies, which are fully deregulated is ambitious. However, this is a possibility witnessed in this company and is set to elicit positive improvements in terms of security as well as acceptance. This option is however only available for verified accounts.

MN1 lifetime shares

Many negative critics surround the lifetime contract leasing that Cryptsy is currently issuing. This is based on many assumptions that will remain to be proven and the most important thing right now is the opportunity presented. Bitcoin world is often reliant on momentous opportunities to fetch profit and future prospects of 1Gh value do not seem an apparent concern. There is a hot market, which is ready to be exploited and shares can be sold at any given time.

Conclusion

It is no doubt that Cryptsy is indeed expensive as compared to other mining avenues. However, the level of security and strategic focus of the company provides assurance over future benefits. The inclusion of fiat currencies also opens up many opportunities and crypto currency may become the next global phenomenon. This company also offers efficient customer support to ensure coin transfers, tickets and withdrawals are timely processed. The lifetime contract ownership allows traders to buy or sell whenever they wish without any restriction. In an overall rating, Cryptsy is benevolent to professional miners who deal with large money investments in trading rather than reward benefits. It offers opportunity to make grand profits from trading the currencies, although Bitcoin benefits can also be fetched.

The post Cryptsy appeared first on Best Bitcoin Wallet.

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