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Bitcoin Security: 5 Ways To Effectively Safeguard Your Btc Wallets.


The nature of cybersecurity is such that failure in a single subsystem leads to the downfall of
the entire system. Such is the case with Bitcoin security. Although Bitcoin security is
formidable and reliable, there exist some flaws that affect the overall credibility of Bitcoin.
The Bitcoin wallet is responsible for many of these shortcomings, which is why securing it is
of such importance. Only by protecting the Bitcoin wallet can you enjoy the benefits of
Bitcoin without worry or inconvenience. The question is; how do you safeguard your Bitcoin
wallet in the first place?







1;Hide your transactions

Many people desire anonymity when they use Bitcoin for their transactions. Thanks to the fact that no personal information is required, there are those that assume the ensuing anonymity is absolute. However, the reality is that it is possible to determine a person’s identity by tracking and finding correlations between the IP address, Bitcoin address, and transactions.Therefore, hiding your transactions brings you a step closer to achieving absolute anonymity. There are plenty of ways of obscuring Bitcoin transactions, so it is up to you to decide which is most convenient and useful to you. For instance, you could opt for Altcoins instead of an individual exchange. That said, we recommend using Coinjoin, which joins many transactions into one thereby making it harder to find correlations in the transactions. 



2:Deploy effective cybersecurity measures

Effective cybersecurity is dependent on various factors; Key among them are the
cybersecurity tools you use. Achieving effective cybersecurity with a single cybersecurity
tool is impossible. Even then, relying on multiple tools without the knowledge on how to they
work together is equally ill-advisable.
Take for instance Tor and VPN. Used separately, they are both essential cybersecurity tools
with the former guaranteeing anonymity and the latter privacy and network security. Used
together, they become invaluable since they reinforce each other’s strengths while
eliminating the weaknesses. Even so, you should use Tor over VPN as opposed to VPN over
Tor since the former combination achieves the best result. Privacy and anonymity are some
of the primary shortcomings of the Bitcoin wallet and using Tor over VPN easily resolves
that.


3: Encrypt your wallet

Encrypting your wallet allows you to encode and add a much-needed extra layer of security

to your wallet. Bitcoin wallets come with an encryption option, which is turned off by
default. After turning on the Bitcoin wallet’s native encryption, you should find a way to add
an extra layer of encryption. For instance, you could hide the app in an encrypted file vault to
place an auxiliary layer of encryption on the wallet.



4: Safeguard your Private Key

Each Bitcoin wallet has only one Private Key, which is used to access the wallet and doubles

as proof of ownership of a Bitcoin wallet and the Bitcoin contained within. Losing your
Private Key is similar to losing your Bitcoin, which is why its security is essential. Hackers
always aim for your Private Key, and they will use any means at their disposal to get it,
including using malware such as keyloggers or social engineering techniques.
Safeguarding your Private Key is thus more about outsmarting the attackers. For instance,
you could store a digital copy of the key instead of an analog copy. In so doing, you avoid
having to type out the key at every instance, which minimizes the risk of falling victim to a
keylogger. Additionally, you could store the digital copy in an encrypted file vault to avoid it
being sniffed out by malware if they get past you using social engineering techniques. Aside
from that, installing an antivirus should help eliminate the risk of malware.



5:Increase your knowledge and vigilance

Often, mistakes that could lead to a breach in security stem from ignorance and laxity. Since it is virtually impossible to hack into the Blockchain, hackers have no option but to target the Bitcoin wallet. However, sometimes the only options available for the hacker is to target the individual and not the devices in what is known as social engineering. If you’re ignorant of social engineering and how to prevent it, you create an opening for the hacker to steal your Private Key and by extension, your Bitcoin. Aside from preventing social engineering, increasing your knowledge and vigilance improves your understanding of the shortcomings of Bitcoin security and how to overcome them.


The Takeaway


The techniques highlighted in this article might sound straightforward, but this is just a tip of the iceberg, which is yet another reason you should increase your knowledge on the issue. Keep in mind that the choices you make will affect the overall quality of your security. For instance, your choice of VPN or antivirus all affect the protection you get. Moreover, these are a few of the available methods you could secure your Bitcoin wallet. 




THIS IS A GUESS POST FROM  TECHWARN.COM

Wish to submit guess post to us CLICK HERE
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Top Best Bitcoin Cloud Mining Sites| 2019 Listing



What is cloud mining?

According to Wikipedia: Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power.
This type of mining cryptocurrencies work without the use of hardware mining tools.

HOW BITCOIN MINING WORKS

A bitcoin network mining farm are mainly hosted  p in Croatia or Iceland cause electricity cost are really cheap there.

He find investors online by creating a website. The coin miner pay for electricity fee .. The owner ensure you get back your investment.



BITCOIN MINING FARM.

BENEFITS OF CLOUD BITCOIN MINING

• You don't pay for electricity cost.

• You can earn Bitcoin or altcoin without using your own computer hardware.

• You mining from the best cloud mining companies. Be rest assured you scam free

• Cloud mining are long time minimum cash back investment are from 24 to 36 months.

• Suitable for long time investor


TYPES OF CLOUD MINING.

In general, there are three forms of remote mining available:

• Hosted mining: is the leasing of a mining machine that is hosted by the cloud miner provider

• Virtually hosted: Your own virtual private server installed with a mining software.

Leased hashing power: A company lease out there hashing power, to you without having a dedicated mining tool or physical,virtual computer. (It's the most popular method of cloud mining today.)


HOW TO AVOID BEEN SCAMMED


1: They Don't Operate for Long

If you very observant you'll notice most of this scam companies start way too soon. Some started 2017, 2018 and they all claim to have payout millions within a year.


2: Fake wallet address

To trick you into believing there shading network. They always have fake address as a sign of payment proof. Real address are verified on the Blockchain network.

3: Inability to withdraw balance

After mining or earning bitcoin they will be a limitation to withdraw your fund. Some will give you excuses such as website upgrading, increased payout, and so on.

4: People are complaining

Before you start mining be sure to have done enough reason. Google out networks you intend using...

IS IT WORTH INVESTING?

Cloud mining can't make you rich but be rest assured you'll get your investment back. Mining are mainly for investor's especially long time investor.
Hardware mining are more expensive cause, you use your desktop or laptop to mine which reason to high •electricity bills, maintenance,
Security if necessary.

Cloud mining are easy you can start wit $1.80 for 1 GH/s to as high as $1000.

Note: Investors should only invest in cloud mining if they are comfortable with these risks


1: HASHFLARE

hashflare is a cloud mining service created by the specialists from HashCoins in 2015. You can start mining bitcoin, litecoin, ethereum, zcash, dash and other cryptocurrencies with ease.


hashflare mining are quite cheap you can start low from $1.80 per 1MH/S to get better profit recommended you invest and buy at less $100 about 60MH.

If you don't have that much start with the one you can afford.

5 Reasons why you should hashflare

1:Instant connect: The mining starts immediately after confirmed payment. First payouts within 24 hours.

2: Instant withdrawal- Choose the amount to withdraw and receive it instantly

3: Live detailed statistics - View all mining related information in real-time, at any point from any location.

4: Pool Allocation- You can decide which pools you want your hashrate to mine in. This allows you to find the most profitable combination.

5: Fixed Fees- No hidden fees or comissions. Every single transaction is visible to you.


TO START MINING WITH HASHFLARE CLICK HERE


2: GENESIS MINING

Genesis Mining was founded at the end of 2013. Genesis Mining is the largest cloud mining company on the market. Mine bitcoin and altcoin through the cloud .

Verified by FORBES, CNBC,THE ECONOMIST, COIN DESK, THE HUFFINGTON POST and more.


WHY CHOOSE GENESIS MINING?

•Mining different coins at the same time
• Support multiple altcoin
• Simple pricing
• regular promotions including promo codes and upgrades
• Real people, real company
• 1st in the business
• Trusted by over 20k people




TO START MINING WITH GENESIS MINING CLICK HERE



If you know of any trusted cloud mining services. Comment below with proof or send us a mail to Usebtcoin@gmail.com
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Coindirect review: Buy and sell over 30+ cryptocurrency and pay instantly with your local currency [ See supported countries list and tutorial]



@coindirectcom CoinDirect is a peer-to-peer marketplace that connect buyers and sellers across the globe through an escrow service to trade cryptocurrency.

With CoinDirect you can easier trade bitcoin and altcoin for cash. You can also buy and sell almost any valuable digital currencies, with a single wallet, and pay directly from your bank account no more 3rd party access.

COINDIRECT FEATURES


MULTIPLE CURRENCIES : CoinDirect currently support 42 altcoins including bitcoin, Litecoin, dogecoin, ethereum .


GLOBAL MARKETPLACE : countries from around the world are welcome to trade, buy and store your digital coin.


MULTIPLE PAYMENT SYSTEM: Aside using your local bank account you can buy and sell coin using online payment

LOWER FEES :
Pay 0.25% on transactions when trading on our exchange.


SECURITY :

Coindirect protects your transactions by transferring your coins to a third-party location (escrow) until the transaction is complete.


SUPPORTED CRYPTOCURRENCY

Coindirect currently support over 40 altcoins. You can buy, sell, store or even exchange coin with any currencies below.

Bitcoin, Ethereum, Ripple, EOS ,Lumen ,Litecoin, USDT, Cardano, Monero, IOTA ,Dash ,Tronix ,Neo
Ethereum Classic, NEM , VeChainThor, ZCash ,Dogecoin ,OmiseGO ,Lisk ,Qtum ,Bitcoin Gold, Icon ,Digibyte ,STEEM ,Siacoin, Verge ,Waves ,Stratis ,Waltonchain ,Golem, ReddCoin ,ZenCash ,Ark ,NXT ,Civic ,STORJ ,Salt Zclassic, NAVCoin ,Breakout Stake, Bitcoin Cash


AVAILABLE COUNTRIES

CoinDirect currently accept customer registrations from 24 countries.

Our current list of supported countries include South Africa, Kenya, Nigeria, the United Kingdom, Australia, Belgium, Canada, Finland, France, Germany, India, Ireland, Italy, Malaysia, Namibia, Netherlands, New Zealand, Pakistan, Saudi Arabia, Singapore, South Korea, Spain, Thailand and United Arab Emirates.

If your country is not listed please be patience more countries will be added soon.


HOW TO SIGNUP ON COINDIRECT



Signing up on coin direct is easy and fast . All you have to do is click this link SIGNUP HERE you will be redirected to a signup page. Complete signup and confirm verification.




You will be redirected to your dashboard. There you'll find your wallet, profile and personal data. fill out your personal details (name, billing address, date of birth, etc.), and upload documents to verify your identity. That way sellers can contact you.


HOW TO SIGNUP ON COINDIRECT

coindirect currently accepted different Payment Method like


Bank Transfer
National Bank Transfer
Same Bank Transfer
Zar Deposit
SEPA
Transfer

Mobile Money
M-PESA

Online Payment
PayPal


HOW TO BUY COINS WITH COINDIRECT




Login to your coindirect account click on BUY COIN and select the coin you want to buy.



Once you decide which currency you'd like to buy and click the "BUY BUTTON" . You"ll see the asking price for each offer, the sellers name, the sellers user rating and the sellers payment terms. Just select any you comfortable with and enter the number of cryptocurrencies you want to buy, choose a payment method and click on PROCESS ORDER


search tag
buy bitcoin with bank transfer, buy bitcoins with ach transfer,buy bitcoin with echeck ,buy bitcoin with paypal ,sell bitcoin bank transfer ,bitcoin bank account ,buy bitcoin usd , buy bitcoin with naira
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Bitcoin PTC : Btcclicks.com is a fake and a scam network - See proof here



Btcclicks is a scam paid-to-click faucet site they'll make you view ads without paying you.

According, to btcclicks site you earn up to 0.00030 mBTC [ 202 Satoshi ] about $0.0020 cent per ads view. It's low and same time you working for free🙅😟 ...

Trusted (PTC) faucet websites like Adbtc, clixsense and neobux pays you for every 10- 30 seconds ads view in return you get upto $0.01 [ This are legit site you should work with]

They are numerous users making complaining online. Most complain there account were blocked during payout. Other complain they're earning and referrals got deleted with no suitable reasons.


See this Post: 2018 High paying paid to click [ PTC] website.. Upto $0.01 per ads view.


MY STORY

I too was a victim. I joined this site back at 2016 when 1 bitcoin was $450- $780 at less i had over 6 referrals with few dollars can't remember how much it was then.

You know as bitcoin price increase so does your cash... For instant you had $2 worth of bitcoin back at 2016 today it could worth $5-$7 or more.

I stopped using btcclicks just to focus on other project. Fortunately, for me i login into my account only to find this.



I was shocked cause no warning email was sent to me as a remind to keep my account active.

Note: That what most site's like ,
clixsense does they will send you a remind to continue using your account or it will get deleted. Even when it get deleted you'll given an option to recover your account back
..

I contacted there customer care via email no response i just had to let go. I was a bit happy cause I didn't really worked so much to build my referral database or waste countless hour just to make money with then.

I really feel sorry for those who had worked overnight just to make few couple of dollars and you aren't even given paid.. It's really painful.

I did research and found out how I wasn't the only one complaining some persons had even made hundreds of dollars and payment been denied.



PROOF 1 BTCCLICKS IS A SCAM PTC NETWORK

i: They customer support will never reply your mails

ii: They'll remove your all earning even if its $100 and delete all your referrals. Claiming you weren't inactive for 45 days+.. At less they should have recover your lost back...

iii: Users are complaining of earning reduction. Milking from you

iV: Deny you payment: They will block your account and accuse you of using VPN or multiple account...

V: There referral program is way too tempting. 80% for referral/affiliate commission! 😱😵


Let's do a little calculation let's say you refer 1 person who worked hard to earn $5 you'll be paid $4 jeez that quite huge. You refer another 5 persons who earned $5 each your profit would be $24 for all 6 persons. 😨😵😵😵

Tempting right? Yeah please don't fall for this... Cause Any company who pay this high without selling a product wouldn't last long. But this guys did by scamming it users.
Legit paying sites like Adbtc referral program pays you 7.5% for each referral. clixsense 30% recurring commission, Moonbit ,
Freebitco pays upto 50% for referral program. How come this guys pay upto 80% and still scam you..😲

Read this if you want to earn bitcoin, dash, ETH, ripple every minute's: FaucetHub #1 Bitcoin And Altcoin Faucet - Earn Unlimited crypto coin in minutes.


PROOF 2 BTCCLICKS IS A SCAM PTC NETWORK

You should check this screenshot of people making negative comments on different websites. I've attach URL link so you can see for yourself.


bitcoinforum.com

[




Proof from BitcoinTalk





Check more comments from this website
netbusinessrating.com


Here we have it... Btcclicks.com is scam advisable you don't waste your time.



Btcclicks, scam, bitcoin faucet scam, btcclicks scam
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Freebitco.in Scam or legit? : #1 Best Free Bitcoin Faucet 2018 | See how you can a Get Free Apple iPhone X(256Gb) and $200 every hour.

WHAT IS FREEBITCO.IN?

FreeBitco.in is a free bitcoin lottery and dice faucet where bits rewards in the form of satoshi are given to visitors as claimed in exchange for completing a captcha or task as described by the website.




FreeBitco.in make it easy for bitcoin earners to earn bitcoin every hour up to $200.

HOW DO YOU EARN FREE BITCOIN?

You can earn Btc in 5 different ways.. Yes 5

• Roll button- just click the ROLL button to get your free bitcoins.
Payout varies from 0.00000217 BTC to 0.03145973 BTC [as of today August 2018]. Had even won few $$ 😛😸



• Play MULTIPLY BTC - You can multiply your free bitcoin Satoshi up to 4,750x by playing a PROVABLY FAIR HI-LO game

Just set a bet amount and click the BET HI button to win roll a high number or the BET LO button to win if you roll a low number. Change the bet odds or the win chance to increase or reduce your win probability and tick the jackpots to win big prizes by rolling the number 8888!

• Bitcoin Saving-: All you need to do is mantain a balance of at least 30,000 satoshi in your FreeBitco.in account (0.0003 BTC) approximately $2 as of today.


You'll be paid a compound interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish.

ANNUAL INTEREST RATE UPTO 4.08% CLICK HERE TO EARN YOUR ANNUAL INTREST


• LOTTERY: Participate in our weekly lottery draw and win big prizes. You have the opportunity to become a bitcoin whale 🐋🐳 in a weekly lottery draw. Every week 10 lucky users will be pick as winner.



•REWARD: Redeem your reward points for some awesome prizes and bonuses. Your reward point could be

ELECTRONICS :APPLE IPHONE X (256 GB), APPLE IPHONE 8 (256 GB), SAMSUNG GALAXY S9+ (64 GB) etc.

You want one? JOIN HERE


HARDWARE WALLETS: KEEPKEY, TREZOR WHITE, LEDGER NANO S

GIFT CERTIFICATES: $500 EGIFTER GIFT CARD, $250 EGIFTER GIFT CARD, $100 EGIFTER GIFT CARD, $50 EGIFTER GIFT CARD, $25 EGIFTER GIFT CARD

FREE BTC BONUS: From 50%BONUS TO 1000% BONUS

LOTTERY TICKETS BONUS: From 1 TICKET / ROLL TO 100 TICKET / ROLL

REWARD POINTS BONUS: 1 REWARD POINT / ROLL TO 100 REWARD POINT / ROLL


Sound tempting right? 😋come have a taste JOIN HERE


CAN FREEBITCO.IN BE TRUSTED?

freebitco.in is a trustworthy lottery faucet and we recommend their platform to any individual who has extra time to spare in order to accumulate additional earnings.

Trust me when i say this guys are 100% legit


POPULARITY

freebitco.in has an Alexa global ranking of 1,335 in the world.
• Been existing since 2013 - 2018 about 5 years now.

Bitcoin WON BY USERS: 148,601.61206882
TOTAL GAMES PLAYED: 73,568,155,043
Coin WAGERED: 287,262.15805789
REGISTERED USERS: 15,588,052

With this stats i believe you shouldn't have a doubt about freebitco.in


You want to start earning bitcoin and maybe be a lucky winner?
SIGNUP HERE


Search tag:bitcoin hi low game, bitcoin account sign up, coin free, free bitcoin betting


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bitcoin wallet: 2018 Top 7 Best online Bitcoin Wallets For Secure Bt coin Storage [ Web and online]



Btcoin is a cryptocurrency and also the world's first decentralized digital currency. Btc was designed to work without a central bank or single administrator. As a paperless cash it can only be generated through bitcoin mining network and sent from user to user on a peer-to-peer bitcoin network.

Bitcoin market price is unstable tomorrow it's price might fall below $5k USD or increase above $10k USD no one can really tell.
Bitcoin Price: would bitcoin price fall below $5,000 USD in 2018?
1 bitcoin price today is worth $7417.48 USD. [ bitcoin price USD] Don't know much about bitcoin check this out Beginner's guide to bitcoin


If you don't know how to open a bitcoin wallet Recommend for you How to Setup bitcoin wallet


They're 4 types of btc wallet available.

1: Desktop wallet
2: Hardware wallet
3: Mobile wallet
4: Web wallet

Each of this wallet has it own features, available and disadvantage. We'll explain that on our next post.


1:•BLOCKCHAIN



Blockchain is the world's most popular online and web wallet. Blockchain wallet is extremely encrypted on your device with your personal password.

They don't store your coins, you'll only provided with software you need to store them yourself.
Blockchain don't know or store your password (we can't even reset it), only you are able to unlock and decrypt your wallet. To prevent stolen coin from hackers blockchain has enhanced it's security features by making its wallet hierarchical deterministic and adding two step Authenticator for extra security.

How to open create a block chain wallet

Using your smartphone or laptop browse this URL Blockchain

1: click on wallet
2: Click on “Create a new wallet” button




Next step filling the registration form and submit . A mail would be sent to your email. Save it and don't delete cause your mnemonic password ( It will help you to recover your password incase you forget your password) and identifier wallet code. (For safe login) check the mail.



IT'S ADVICE ABLE YOU READ AND SAVE IT FOR FUTURE REFERENCE

Login to your wallet you see your identifier code copy and paste it and click on signing . Copy out your address you can use it for receiving and sending of bitcoin



Note: Your password acts as your decryption key to lock and unlock your wallet — your wallet cannot be accessed without it.



2:XAPO



Xapo is one of world's most secure bitcoin wallet. Operated by an Hong Kong-based company.

Xapo was built back in march 2014 by Wences Casares & Federico Murrone ever since xapo has grown to be one of the best bitcoin wallet with easy access.

It's security is a firm one Xapo Vault consists of physical servers located around the globe that the company says is protected by biometric scanner access, 24-7 video surveillance, and armed guards.

Signing Up & Creating your Account

To create a Xapo account, you will need to download and install the Xapo mobile App.

CLICK HERE TO DOWNLOAD XAPO APP


After successful installation, open your application and choose any of the 3 methods for registration.

>Continue with Facebook
-->Connect with Google
>Sign Up with your email

On the next step, fill all required details you see.
simply enter your email address, first name, last name, date of birth, country of residence and accept our it's T&Cs.





Next, create your 4-digit PIN number and your password. Remember that your PIN number will be requested at every new login to your account.

The last step, before completing your registration, is a security selfie for verification. After submitting it, your Xapo account will be created and ready to use.




Congratulations! Your Xapo account is ready.


From your Xapo mobile App, you'll have access to different features of your account: chat and notifications, your wallets, Xapo Debit Card, your profile and current Bitcoin prices tab.




Don't forgot to download xapo app

CLICK HERE TO DOWNLOAD XAPO APP

Image credit: xapo.com



3: COINBASE



CoinBase is an online digital platform for buying, selling, transferring, and storing of bitcoin and altcoins. Coinbase grant you a safe secure passage of buying cryptocurrency directly from your bank account risk Free.



With coinbase you can store up to 5 crypto altcoins currency at a go coinBase which include Bitcoin, Bitcoin Cash, Ethereum, Litecoin with fiat currencies in 32 countries.


Coinbase bitcoin transactions and in cryptocurrency storage are available in 190 countries worldwide. This make Trading, buying of Altcoins and bitcoinstress free and easy.

The way coinbase works is different from other bitcoin wallet cause, you can buy and sell bitcoin with Credit Card, PayPal, ACH, wire Transfer, debit Card, and SEPA Transfer .

How To Buy Bitcoin, bitcoin cash, Ethereum and Litecoin with Coinbase.

This first step is to sign up for a Coinbase account SIGN UP HERE locate and click on the registration link. Fill all form and click on “CREATE ACCOUNT" a mail would be sent to you email for verification. Verify your account and you one step ahead to owing your own Bitcoin.

This will give you a secure place to store your bitcoin, and easy payment methods to convert your local currency into or out of bitcoin.


To open an account with coinbase click locate and click on the registration link. Filling the form and click on “CREATE ACCOUNT”
A mail would be sent to you email for verification. Verify your account and you done....

2: Connect Your Bank Account

After you sign up, connect your bank account with your wallet. You'll need to complete some verification steps before you can use the account. Once the verification steps are complete, you can start make a purchase.


3: Buy and Sell Bitcoin or altcoin

Next is funding your coinbase wallet as of today 1 bitcoin price is worth $8,245 USD. It's not necessary you buy 1 Btc. You can start with $100 or more that depends on you.


After purchasing your bitcoin coin will be transfer to your wallet. (The price of bitcoin changes over time. Tomorrow bitcoin might fall or increase over $8k

hopefully it would continue growing. Buy Now and watch it grow.

BUY BITCOIN HERE

BONUS TO 1ST 10 BUYER. After signing up with my referral link any time you buy or sell $100 worth of bitcoin or more,. You'll earn an extra $10 of free bitcoin.


4: PAXFUL



PaxFul is an online peer-to-peer bitcoin exchange bitcoin marketplace platform that was launched in 2015.

Paxful connects buyers and sellers together for business deals. With paxFul you can buy bitcoin instantly, sell bitcoin, spend and accept bitcoin with your paxful Bitcoin wallet. It's easy to buy, sell and store your bitcoins whenever and everywhere you want.

Paxful BITCOIN wallet features

1: Almost every payment option available- more than 300 payment methods ready which includes Bank transfers, Cash deposits, Debit or credit cards, Gift cards, Altcoin, PayPal,Money Western Union and MoneyGram.

2: Low commission
3: Fast, easy & secure

Like LocalBitcoin paxFul also use an escrow service to connect buyers and sellers from around the world to trade bitcoin.

Want to give paxful a try? SIGNUP HERE


5: LOCAL BITCOIN



LOCAL BITCOINS is a peer to peer bitcoin trading site and it's one of the oldest and most trusted exchanger if not the best. local bitcoin was founded June 2012 in Helsinki, Finland.

At LocalBitcoins people from all over the countries [worldwide] can exchange their local currency to bitcoins. Including altcoin currencies such as Ethereum [ETH], Bitcoin cash [BCH], Litecoin [ LTH] and gift cards can also be exchange for bitcoin.

Gift Card Code (Global), Amazon Gift Card Code, PayPal My Cash, Apple Store Gift Card Code, Steam Gift Card Code, OneCard, Walmart Gift Card Code, Ebay Gift Card Code, Starbucks Gift Card.


To get a local bitcoin wallet Create account here locate wallet tab to find your own wallet and BITCOIN address.



You don't need to buy Bitcoin else where. Local bitcoin have tons of sellers just find a reliable seller and buy Bitcoin instantly.

Throughout the years localbitcoin has grown to over 1.35 million people from 249 countries were using its platform.

Want to give localbitcoin a try? SIGNUP HERE


6: COINOMI



Coinomi is free Secure multi-asset cryptocurrency Wallet for Bitcoin and Altcoins. Founded back in 2014,


Coinomi is Seg-Wit enabled and offers 168 fiat currency representations, readable in 25 languages. All supported assets can be exchanged instantly via built-in support for ShapeShift & Changelly.

[image_4]

You don't to worry about online access or login just DOWNLOAD COINOMI APP HERE


You don't have to panic because Coinomi is already trusted by millions of users. It's a security-first, wallet for both mobile & desktop that provides native support and true ownership for as many as 125 blockchains (the largest number in the market) & 382 tokens — a total of 507 assets. Supports virtually thousands of assets since you can add any ERC20 token yourself.

Meaning: Coinomi can be use to receive altcoins airdrops Ethereum and omnilayer.... Hash less and easy.

For more information about coinomi Check this post


7: JAXX



Jaxx is a multi chain cryptocurrency wallet. It's available on 8 platforms for download which include IOS, Android, windows, Linux and more.

Jaxx is your wallet for Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Dash, Zcash and a long list of other blockchain assets and cryptocurrencies. You can Trade, spend, and receive altcoin using Jaxx.

Jaxx is similar to coinomi almost same features.

Want to give Jaxx DOWNLOAD HERE


search tag : Open a bitcoin wallet,best desktop bitcoin wallet,bitcoin,blockchain,how does bitcoin wallet work,most secure bitcoin wallet,setup bitcoin,wallet,xapo, Bitcoin wallet, vault, debit card, currency exchange
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Bitcoin countries banned: it's an offense to trade or hold bitcoin in this countries - Be warned [2019 updated]



Bitcoin as we all know is the world's first global digital currency or cryptocurrency. Bitcoin is not issued by Central bank like paperless money.

It's an electronic paperless money that can only be disturbed through Bitcoin mining pool which are transferred straight to your coin wallet.
Recommended for you 3 Best online secure bitcoin wallet

Unfortunately, Bitcoin is illegal some countries. You might have this question in mind

are bitcoins anonymous?

NO! All Bitcoin pseudonymous and all transactions are public, traceable, and permanently stored in the Bitcoin network.



Algeria, Bolivia, Ecuador, Bangladesh, Nepal, Cambodia, Egypt, Morroco, Columbia, Saudi Arabia, Iran, Pakistan, China, Taiwan, Indonesia,


1: ALGERIA



As of 2017 bitcoin was legal in Algeria, until the Algeria government passed 2018 Finance Bill banning all bitcoin trading and holding in the country. Algeria hopes to establish a strict control over this kind of digital transactions.

The ban was place to reduce drug trafficking, tax evasion, and money laundering in the country. Virtual currency is that used by internet users via the web. It is characterized by the absence of physical support such as coins, notes, payments by cheque or credit card. Any breach of this provision is punishable in accordance with the laws and regulations in force

2: BOLIVIA



[El Banco Central de Bolivia] the Central Bank of Bolivia has issued a ban on bitcoin and any other currency not regulated by a country or its economic zone in 2014. Including namecoin, peercoin, Quark, litecoin, primecoin , Ethereum. Any breach of this provision is punishable in accordance with the laws and regulations in force.

3: ECUADOR



In 2014 the National Assembly of Ecuador banned bitcoins including other decentralized digital crypto currencies/altcoin, due to the country establishment of a new electronic money system. The new project would be controlled by the government and tied directly to the local currency.

With Ecuador electronic money system users will be able to pay for select services and send money between individuals. The E-currency is called Dinero Electronico


4:BANGLADESH



In September 2014, central bank of Bangladesh placed a ban on Bitcoin and also pass a circular saying that

"anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws" prosecuted in jai up to twelve years in jail.
Reasons bangladesh place a ban on bt coin

• To maintain control over financial and banking system of the country.
• To improve the country economic


5:NEPAL



13 August 2017 Nepal Rastra Bank declared bitcoin as illegal for reasons we don't know. But We suspect this could be any of the reasons.

• Laws of Nepal

According to a statement released by the Central Bank of Nepal. The foreign exchange act of 2019 BS and then NRB act of 2058 BS. Basically, it says that you can’t have bitcoin transaction in Nepal or use bitcoin to exchange foreign or Nepali currency, because bitcoin is not classified as a currency by Nepal Government, and hence using internet for bitcoin transactions or exchange is illegal.

•Use in illegal activities

Reports of bitcoin being used for money laundering or exchanging of black money with Bitcoin is another reason why Bitcoin is banner


6: CAMBODIA



On 19 June 2018, the National Bank of Cambodia (NBC), the Securities and Exchange Commission of Cambodia and the General-Commissariat of National Police stated that "the propagation, circulation, buying, selling, trading and settlement of cryptocurrencies without obtaining license from competent authorities are illegal activities" and "shall be penalized in accordance with applicable laws

7: EGYPT

The primary Islamic legislator in Egypt, has issued a religious decree classifying commercial transactions in bitcoin as haram (prohibited under Islamic law

8: ALGERIA

According to the "Journal Officiel" (28 December 2017): Art. 117. — The purchase, sale, use, and holding of so-called virtual currency is prohibited. Virtual currency is that used by internet users via the web. It is characterized by the absence of physical support such as coins, notes, payments by cheque or credit card. Any breach of this provision is punishable in accordance with the laws and regulations in force.


9: MOROCCO

On 20 November 2017 the exchange office issued a public statement in which it declared, "The Office des Changes wishes to inform the general public that the transactions via virtual currencies constitute an infringement of the exchange regulations, liable to penalties and fines provided for by [existing laws] in force.

The following day, the monetary authorities also reacted in a statement issued jointly by the Ministry of Economy and Finance, : Al-Maghrib and the Moroccan Capital Market Authority (AMMC), warning against risks associated with bitcoin, which may be used "for illicit or criminal purposes, including money laundering and terrorist financing


10: COLUMBIA

Implicit ban. The Superintendencia Financiera warned financial institutions in 2014 that they may not "protect, invest, broker, or manage virtual money operations

11: SAUDI ARABIA

Implicit ban.[15] The Saudi Arabian Monetary Authority (SAMA) has warned from using bitcoin as it is high risk and its dealers will not be guaranteed any protection or rights.

12: IRAN

In April 2018, Central Bank of the Islamic Republic of Iran issued a statement banning the country’s banks and financial institutions from dealing with cryptocurrencies, citing money laundering and terrorism financing risks.

13: PAKISTAN

As of 7 April 2018, State Bank of Pakistan [SBP] has announced that bitcoin and other virtual currencies/tokens/ coins are banned in Pakistan.

14: CHINA

On 5 December 2013, People's Bank of China (PBOC) made its first step in regulating bitcoin by prohibiting financial institutions from handling bitcoin transactions.
On 1 April 2014 PBOC ordered commercial banks and payment companies to close bitcoin trading accounts in two weeks.

Cryptocurrency exchanges or trading platforms were effectively banned by regulation in September 2017 with 173 platforms closed down by July 2018.

In early 2018 the People's Bank of China announced the State Administration of Foreign Exchange led by Pan Gongsheng would crack down on bitcoin mining. Many Bitcoin mines in China had stopped operating by January 2018.



15: TAIWAN

On 31 December 2013, Financial Supervisory Commission (Republic of China) (FSC) and CBC issued a joint statement which warns against the use of bitcoins. It is stated that bitcoins remains highly volatile, highly speculative, and is not entitled to legal claims or guarantee of conversion.

On 5 January 2014, FSC chairman Tseng Ming-chung stated that FSC will not allow the installation of bitcoin ATM in Taiwan because bitcoin is not a currency and it should not be accepted by individuals and banks as payment.

16: INDONESIA

On 7 December 2017, Bank Indonesia, the country's central bank, issued a regulation banning the use of cryptocurrencies including bitcoin as payment tools starting 1 January 2018.



Culled from Wikipedia

Search tag: TUTORIAL,Cryptocurrencies, Government, indonesia, Bitcoin Regulation, Banned Bitcoin, Ecuador, Ecuadorian, electronic money, private bank, Cambodia Bitcoin, Nepal
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