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Bitcoin Transaction Fees Are Pretty Low Right Now

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Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a blockchain.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a crypto currency wallet, most of them using bitcoin. The word bitcoin first occurred and was defined in the white paper that was published on 31 October 2008.

It is a compound of the words bit and coin. The white paper frequently uses the shorter coin. There is no uniform convention for bitcoin capitalization.

On 18 August 2008, the domain name “bitcoin.org” was registered. In November that year, a link to a paper authored by Satoshi Nakamoto titled Bitcoin.A Peer-to-Peer Electronic Cash System was posted.

Nakamoto implemented the bitcoin software as open source code and released it in January 2009 on SourceForge. The identity of Nakamoto remains unknown. In January 2009, the bitcoin network came into existence after Satoshi Nakamoto mined the first ever block on the chain, known as the genesis block. Embedded in the coinbase of this block was the following text:

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

This note has been interpreted as both a timestamp of the genesis date and a derisive comment on the instability caused by fractional-reserve banking.

One of the first supporters, adopters, and contributors to bitcoin was the receiver of the first bitcoin transaction, programmer Hal Finney. Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto in the world’s first bitcoin transaction. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money, and Nick Szabo, creator of bitcoin predecessor bit gold.

In the early days, Nakamoto is estimated to have mined 1 million bitcoins. In 2010, Nakamoto handed the network alert key and control of the Bitcoin Core code repository over to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Nakamoto subsequently disappeared from any involvement in bitcoin. Andresen stated he then sought to decentralize control, saying:

“So, if I get hit by a bus, it would be clear that the project would go on”

This left opportunity for controversy to develop over the future development path of bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas delivered by Papa John’s.

How to buy Tron on Binance

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How to buy Tron on Binance

 

Binance is likely one of the best locations to purchase TRON TRX.

A Binance account is quick and straightforward to open, and the exchange provides good liquidity. You’ll probably find TRON at the most beneficial value on Binance, and exchange will occur immediately.

Likewise, Binance also lists hundreds of different cryptocurrencies, which means you can easily convert your TRX to a different coin later.

Register here

It is widely used by many cryptocurrency exchanges worldwide due to its extensive number of altcoins. Binance’s reputation has grown due to the addition of many new cryptocurrencies.

 On Binance withdrawals under 2 BTC per day do not require verification, and the exchange provides a mobile app for both iOS and Android devices.

  1. Cryptocurrency Deposit

The easiest coins to deposit are Bitcoin BTC, 8.55%, and Etherum ETH, 0.73%. 

Both exchanges allow you to trade the majority of cryptocurrencies, so they give you lots of flexibility. Bitcoin and Ethereum can be exchanged for TRX on Binance.

In order to make your deposit, go to the navigation bar at the top of the website and click Funds > Deposits.

Search the ticker for the cryptocurrency you want to deposit and select it from the drop-down menu.

The site will give you an address for transferring the cryptocurrency you chose. This string of numbers and letters is something you need to copy to your wallet. 

Send the amount you would like to deposit to the Binance mailing address you copied. Usually it takes up to an hour to complete a transaction, so don’t expect your account to be credited right away.

3. Check your Balance

To check your balance, click on Funds > Balances in the top navigation bar and click Hide small assets if you only want to see coins with a balance of over 0.001 BTC.

Those who have already processed their deposits will be notified by the coin number and the current amount.

4. Place a buy order for TRON.

To place an order, go to Exchange > Basic.

For this step, we are assuming you deposited BTC. If you deposited ETH, don’t worry – the process is exactly the same.

On the top right corner, select BTC and search for TRX, which is the ticker for TRON. The TRX/BTC trading pair should appear.

Buy TRX at a specific price using a Limit order by clicking on the pair in the listing. If you want to buy TRX at a specific price, simply use a Buy order.

 Enter the price amount of TRX you want to buy and then click the Buy TRX button.

You can purchase TRX at its current price on the Market tab by clicking on the TRX ticker. The amount you purchase should be added to your account almost instantly.

Conclusion

The process of buying TRON on Binance is pretty straightforward. If you come across any issues, hopefully this article helped you. 

It’s always important to remember crypto trading is a risky business, so don’t risk more than you are willing to lose. Good luck!

How to buy SafePal (SFP) on Binance?

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How to buy SafePal (SFP) on Binance?

Binance is one of the most widely used cryptocurrency exchanges in the world. A major reason for Binance’s popularity is its extensive selection of altcoins, which continues to grow with frequent additions.

No verification is required on Binance for withdrawals below 2 BTC per day, and the exchange also offers a mobile app for both iOS and Android devices.

1.Register with Binance

If you don’t own any cryptocurrency, you can get started by purchasing some BTC on Binance with a credit or debit card.

Register with Binance here

 2. Deposit Cryptocurrency

The easiest coins to deposit are Bitcoin BTC, 8.55%, and Etherum ETH, 0.73%. Both have trading pairs with the vast majority of cryptocurrencies, so they give you a lot of flexibility. BTC and ETH can be traded for TRX on Binance.
In order to make your deposit, go to the navigation bar at the top of the website and click Funds > Deposits.
Search the ticker for the cryptocurrency you want to deposit and select it from the drop-down menu.
The site will give you a deposit address for the cryptocurrency you picked. Its a string of numbers and letters, so you’ll have to copy it to your wallet. Send the amount you wish to deposit to the address you copied. Usually, it takes up to an hour to finish the transaction, so don’t expect your Binance account to be credited instantly.

3. Check Your Balance

For this step, we will assume you deposited BTC. If you deposited ETH, don’t worry – the process itself is exactly the same.

On the top right corner, select BTC and search for SFP, which is the ticker for SafePal. The SFP/BTC trading pair should appear.

After clicking on the trading pair, a price chart will appear in the centre. You can place your buy order under the chart. If you want to buy SFP when it reaches a specific price, use the Limit order. Enter the desired price (in BTC) and the amount of SFP you want to buy, then click the Buy SFP button.

You can check your balance by clicking Funds > Balances in the navigation bar at the top of the website, and you can hide coins that have less than 0.001 BTC under Hide small assets.

If you deposited, the coin and amount will appear in the list. If you deposited multiple coins, the search bar will work.

4. Place a buy order for SafePal.

To place an order, go to Exchange > Basic.

If you want to buy SFP, click the Market tab, enter the amount, and the order should get processed almost instantly. The SFP should be added to your account shortly.

Congratulations, you’ve just finished your first order on Binance!

Conclusion

As you can see, buying TRON on Binance is pretty straightforward. Hopefully, this article helped if you encountered any issues. 

Always remember that crypto trading is risky, so don’t invest more than you’re willing to lose. Good luck!

How to buy Ethereum using a Credit Card?

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How to buy Ethereum using a Credit Card?

In this Guide we will show you how to buy Ethereum using a credit card. There are a few ways to buy Ethereum with a credit card. The main challenge is finding the right platform to buy it with. That’s why we created this post. We’ll tell you where to buy Ethereum with a credit card.

 

This should let you know how to get exposure to one of the biggest cryptocurrencies in the world, in addition to letting you know which platforms offer credit card access to virtual currency. 

 

The cryptocurrency Eretheum can be traded on the Ethereum network as well as the Decentralized Financing (Defi) market. This was one of the first networks to use smart contracts. 

ETH became the second-largest digital currency in the world and remained in that position for many years. Nowadays, the ETH virtual currency has a market capitalization of over $100 billion. The different use cases and solutions provided by Ethereum contributed to the growing demand for ETH.  

Due to these factors, there are a lot of investors who want to get exposure to Ethereum. Although there are many ways to pay for Ethereum, credit cards are the simplest. 

Ethereum has not yet been challenged by other virtual currencies. The third-largest cryptocurrency is a stablecoin that has a market valuation of almost $100 billion smaller than Ethereum. Moreover, other blockchain networks such as EOS or Tron (TRX) couldn’t reach the top 3 spots in recent years. 

How to Buy Ethereum with Credit Card

In order to purchase Ethereum with a credit card, you’ll have to figure out which option is the best for you. This depends on a number of factors. For example, you’ll want to make sure there are cryptocurrency exchanges that accept credit cards in your area. 

Where to Buy Ethereum with Credit Card

Pick a cryptocurrency exchange to buy Ethereum with a credit card, such as Bitcoin or Litecoin. 

As a result, they each offer different solutions. This is why finding out which exchanges accept credit cards is crucial. Furthermore, some of these exchanges may not be available in your region. This means you should do your own research on which exchanges you can use. 

Additionally, you might be able to find someone who accepts credit cards. On P2P platforms this might be an appropriate option if you don’t want to use exchanges. Nonetheless, these people might be hard to find in your town. 

Binance is another platform offering users the possibility to get access to ETH and other digital assets. This is a great way to buy Ethereum with a credit card. It depends on whether this platform is available in your country. Furthermore, if you’re looking to buy Ethereum with a credit card without verification, then this won’t be a great option. 

To make use of this platform, you will need to sign up and select an ID to confirm. Once you do that, you will be able to buy ETH with a credit card. 

 

Conclusion

As you can see, buying Etherum with a credit card on Binance is pretty straightforward. Hopefully, this article helped if you encountered any issues. 

Always remember that crypto trading is risky, so don’t invest more than you’re willing to lose. Good luck!

How to buy Dash in Canada?

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How to buy Dash in Canada

 

Dash is the most valuable digital currency right now. How does it differ from other cryptos? It uses its own encryption technology. It was built with an emphasis on privacy and anonymity. Unlike Bitcoin, Dash payments are not publicly visible because of PrivateSend.

The company wants to make digital cash a convenient and easy-to-use means for everyday purchases.

Ways to Purchase Dash Instantly

Dash coins can be obtained through several means. First of all, you need to get a Dash wallet. Such wallets can be physical and digital. The physical wallet is the best because it has no constant internet connection. You only connect it to the web to conduct operations. It keeps your finances safe.

This software can be for mobile, desktop and online. These applications are, unfortunately, limited in functionality, but they can be vulnerable to malware, hacking, etc.

You can also Sign up for an account with a cryptocurrency exchange like Coinsquare.

  1. Verify your identity with Coinsquare.
  2. Make a deposit using one of the available payment options
  3. Click on “Markets.”
  4. Select the logo of the cryptocurrency you want to buy.
  5. Enter the amount you want to buy.
  6. Place a market order.

 

You can buy tokens with fiat currencies. To do that, you have to go to a crypto exchange. These websites offer multiple payment options such as credit/debit cards, wire transfers, and electronic wallets. work worldwide, and you can get the coins The most convenient part of this method is that you can complete everything via the Internet. However, every operator sets their own rules. Among them are transfer fees and limits. The compensation can be as low as half of 1%.

These platforms let people do it on their own, but give people the opportunity to deceive you. Keep an eye out for the profiles and ratings, and sometimes these exchanges won’t let you take back the coins. Consequently, this is not the most popular means.

Get Coins with Brokers

Brokers are those who give you the opportunity to trade crypto- and fiat currencies. There are no commissions for deposits, cash-outs. You pay them only during the trading. The fees differ for buyers and sellers. However, they are low – between 0.1% to 0.2%.

Additionally, the rate of exchange is usually frozen. This is especially important for digital cash since it changes too much. So, you can buy Dash at a fixed price. Also, there are fewer requirements for new Dash users. You may not need to give sensitive data while registering.

Deposit and withdrawal limits vary by website. In general, you may expect around 6,000 dollars/euros or the same worth of altcoin, and they also depend on your payment method. For example, you may be able to output up to $500,000 per day with SEPA payments. 

Obtain Cryptos via ATM

You can get Dash from ATMs. Here is a map of the ATMs around the world. 

Acquire Bitcoin at First

Normally, the platforms will accept Dash in exchange for other cryptocurrencies. This means you must get cryptocurrency first. You can buy bitcoins on the BTC website or from an exchange. It is pretty easy to do.

Just make a trading account. Then integrate it with your preferred payment method. Credit cards, Paypal and bank transfers are all available. Then sell BTC for fiat money.

 

The buying process is straightforward. You need to provide your wallet address and then enter your banknotes. You’ll see the balance of your deposit, which is convenient because you’ll always see what total will be transferred to your wallet. Then press “send” and your crypto is on the wallet. This is expensive because of high transaction fees and low purchase limits – around $3,500 (6.438 DASH).

Trading with Dash

If you want to gain profits from Dash rate changes, you can try trading. It is possible on both crypto exchanges and brokers. Sometimes you do not even need to create the wallet for this.

Swap BTC for Dash Coins

Take a look at the chart for the value of the coins. You can see how much they’re worth. Now, you have to find the exchange pair “BTC/DASH”. For this, you have to open an order. There are many orders types:

  • Market. It is the most common one. This allows you to use the best rate;
  • Limit. You set the max buy price;
  • Stop. It starts working only after it reaches the set price level.

 

 

 

 

 

 

 

Conclusion

As you can see, buying Dash in Canada is pretty straightforward. Hopefully, this article helped if you encountered any issues. 

Always remember that crypto trading is risky, so don’t invest more than you’re willing to lose. Good luck!

 

What is Telsa Coin?

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What is TeslaCoin?

Teslacoin is a well-known cryptocurrency that trades using the ticker symbol TES. It uses the Multiple algorithm and Proof of Work and Proof of Stake for mining new coins. Teslacoin was founded on 2014-01-17. While Coinsquare does not support this token, it may be purchased on other trading platforms for any major cryptocurrency, like BTC, ETH, and XRP or fiat currency such as Canadian dollar, US dollar, and Euro.

How to buy Teslacoin

Most users who buy TES do so with Bitcoin (BTC) or Ethereum (ETH). While you, unfortunately, cannot buy TES directly on Coinsquare, you can use Coinsquare to purchase Bitcoin or Ethereum, which can then be used to purchase TES.

To buy Teslacoin, simply follow these steps

  1. Sign up on Coinsquare, verifying your account, if you want to use my affiliate link 
  2. Add funds using Dollars or Euros
  3. Use the currency in your account to buy Bitcoin or Ethereum
  4. Withdraw your Bitcoin or Ethereum to your private wallet or an altcoin exchange that you can use to purchase TES

How To Accept Bitcoin on Your website? This Is The Guide For Owners Like You

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how-to-accept-bitcoin-on-your-website

How To Accept Bitcoin on Your website? This Is The Guide For Owners Like You

How to accept bitcoin on your web site? This is a question of great interest to all the sites online that are either trying to increase their online revenue or simply trying to keep their costs low. For any website owner that is not familiar with the process, it is a process that is quite involved. If you don’t know anything about how the transaction happens, this article will provide you with a brief introduction.

 

One of the first things you need to do if you want to know how to accept bitcoins on your web site is to sign up for an online merchant account. There are several companies online that offer such accounts. You can choose to use PayPal as your merchant account, but many people prefer to have their own separate account just for their business. Regardless of which company you decide to go with, you will need to open an account. When you have done so, the next step is to set up an on-site shopping cart that will allow you to take payments from your customers.

 

Most people do not realize that when they click “buy it now”, they are actually allowing the merchant account provider to transfer the purchased price from their buyer’s online account to your web site’s account. The company that is conducting the sale will charge the price of the item and then subtract the amount that it costs to process the sale and add that to the final cost of the product. Once you receive your purchase, you transfer the funds from your merchant account to your web site’s account. From there, your web site will display the purchase, your customer’s transaction information, and any other details necessary to complete the sale.

 

Once your customers have paid for the items that they have viewed on your site, they will be provided with a checkout page where they will be able to check their current balance, select their payment method, and submit their payment information. They will then be directed to your website’s secure payment page where they will provide you with their shipping information and other personal information. When your site customers pay using your credit card, you will issue a receipt for their information. You will then be able to check your records to ensure that the transaction was processed successfully. Once you have verified that the transaction was completed successfully, you will be able to process how to accept bitcoins on your site.

 

The next step in learning how to accept bitcoins on your site is to set up a processing terminal. There are many options available, depending on the security features that your site requires. One option is to use a dedicated IP address instead of a hostname. Another option is to use a hardware-based terminal, which does not require an IP address. These options will make it easier for your customers to access the site and will make it easier to monitor your records to ensure that the transaction was a successful one.

 

Learning how to accept bitcoins on your site is quite easy. Simply incorporate the technology into your website, and your customers will never know you did not have this system in place. Accepting the latest way for money to move around the world has never been easier.

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