Most preferred one is Crypto currencies – bitcoins , ethereum, bitcoin cash!
1. WHAT ARE BITCOINS ?
is a digital currency with no central authority or banks controlling
it. Bitcoin is fully decentralized. From a user perspective, bitcoin is
pretty much like cash for the Internet. Bitcoins aren’t printed, like
dollars or euros – they’re produced by people and businesses, running
computers all around the world, using software that solves mathematical
problems. Bitcoin can be used worldwide by anyone with a
computer/smartphone and Internet access. Also, bitcoins are the first
example of a cryptocurrency, a well-known growing new category of money.
There are a plenty of good articles you might want to read before
starting with Bitcoin. Here you can find answers to probably all
questions you might have: https://bitcoin.org/en/faq
2. WHY SHOULD I CHOSE BITCOINS ?
There are at least five incontestable advantages to pay with bitcoins: 1.
You stay anonymous! Any wallet can have multiple (as many as you want)
addresses for receiving and sending bitcoins. These addresses are not
associated with your personal info! Account verification might be
mandatory for Bitcoin Exchanges, places where you can buy bitcoins for
fiat (USD, EURO,etc.), but you don’t need to do this for your personal
wallet or wallets. So, if you buy bitcoins at Coinbase your account is
associated with your bitcoin wallet. However, nobody knows where to and
what for you are sending bitcoins. You can use temporary intermediate
wallets for higher safety. 2.
If you pay with bitcoins we will deliver your order 1-2 days faster,
because Western Union and Money Gram require sometimes up to 48 hours to
get payment confirmation. 3. If you pay with bitcoins you get extra discount from us. For international warehouse: 10% discount; no code is needed. For EU Domestic warehouse – 5% discount, no code is needed. 4.
Bitcoin is a decentralized currency. As compared against Western Union
or Money Gram bitcoin-transfers are fast and they cannot be blocked by
any authority! If you pay by WU or MG they can block your payment for
some reason. In this case, you will need to resend your payment, which
implies additional fees, time losses and inconvenience. With Bitcoin you
won`t ever face such issues. Bitcoin transfers are always easy, fast
and smooth. 5.
Availability 24/7/365. You don`t need to think when to find time to
visit a bank, WU office etc. Do you have holidays or night-time at the
moment? With bitcoin it does not matter. If you need to transfer
bitcoins at 3 a.m. on Sunday, they will be transferred at 3 a.m. on
Sunday. You don`t even need to leave your house. Only a
computer/smartphone and Internet connection are required.
3. HOW AND WHERE TO GET BITCOINS?
4. HOW DO I SEND/RECEIVE BITCOINS?
bitcoins are stored in your bitcoin wallet software. Always back it up!
If you lose or delete your wallet-file and don`t have recovery info or
backup you lose our money. So be careful. There are lot of software
wallets for almost all operating systems. The full list of official
wallets for all platforms is available here: https://bitcoin.org/en/choose-your-wallet For
Windows, there are 2 types of wallets: full and lightweight. Full
wallets download full transaction history for all time of the bitcoin
existence. It is called blockchain. For now, it takes over 100 Gb of
your disk space and several hours for full synchronization. However,
only at the first launch. After this, it will work fast. Among these
wallets Bitcoin core is the most popular, official and secure client. It
has improved privacy and does not disclose information about
IP-address, etc. to others. Lightweight
wallets do not download full blockchain to your PC. They connect to
remote servers, which store the full copy of blockchain. For the most
users lightweight wallets are an optimum solution. Electrum (https://electrum.org/) is of the most popular lightweight bitcoin wallets.
So, how does it works?
Bitcoin wallets generate special addresses, which look like a string of letters and numbers. For example: 1L6uQXZ8uJx9D4nNmjgNQqp2yKDPshfCf5
always send money to addresses similar to the one posted above (Don`t
send bitcoins to the address above, it is just an example!). When you
install the wallet software you will be able to generate a numerous
amount of similar addresses within this wallet. Important:
After you install and launch a lightweight wallet app for the first
time to create a new bitcoin wallet the app will provide you so-called
seed phrase, which is a sentence consisting of 12 or more words.
However, each exchanger has its own Bitcoin-USD ratio. Consider it, when buying your Bitcoins.
you use a wallet on your mobile phone, use a QR-code to send bitcoins.
Find the option “Scan QR-code” in your mobile wallet and direct camera
of your smartphone to the QR-code. Our store shows such codes after
checkout if bitcoin is chosen as payment option:
QR-code will be decrypted by your wallet into bitcoin address and
automatically inserted into the “Send to” field of your mobile wallet.