Cryptocurrency How-To

Get into the amazing cryptocurrency world

Tether tutorial

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Tether is a company that issues cryptocurrencies on blockchains with the Omni protocol. The company backs ir's cryptocurrencies with fiat currencies, held at their reserve. Tether initially supports US Dollars (USD), Euros (EUR), and soon Japanese Yen (JPY). Represented by ₮, tether platform currencies are denoted as USD₮, EUR₮, and JPY₮.

Exodus is the first desktop multi-asset wallet with ShapeShift built in. You can use it directly to trade assets, without visiting the shapeshift site. Exodus encrypts private keys and transaction data locally for your eyes only - no accounts, no servers, no data sharing. It has beautiful charts, and very nice themes are available to customize it.

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How to use a Bitcoin ATM (BTM)

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Bitcoin ATM's are deployed worldwide. They are very useful, because you can buy and sell Bitcoins, as easy as you use your debit card on Bank's ATM. Some require ID information and some not. The buy process: The first queation is to enter a Bitcoin address, if you have a wallet, or the BTM will create one. Then you enter fiat currency in the BTM and it is converted and sent to the reqiured address (yours or new). If it's a new address, the BTM prints the Public/Private keypair, so you can import them to a wallet later. The sell process You are prompted with an address, to send the Bitcoins to. Then you scan it with your device and initiate a send transaction from your wallet. When transaction is confirmed, you get the fiat cyrrency in the tray.

Monero How To

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Monero is a secure, private, untraceable currency. It has many features, that satisfy the needs for people who care about their privacy, as there are many tools to help you be kept anonymous. Using the power of a distributed peer-to-peer consensus network, every transaction is cryptographically secured. Monero uses a cryptographically sound system that allows you to send and receive funds without your transactions being publicly visible on the blockchain. By taking advantage of ring signatures, a special property of certain types of cryptography, Monero enables untraceable transactions.

Bitcoinnect how-to

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Bitconnect has a proof of work AND proof of stake mining process. It is an open source, peer-to-peer, community driven decentralized cryptocurrency. People can store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment. With proof of stake, your coins, can be used to maintain the security of the Bitconnect network.

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How to mine Ethereum with a PC

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With Bitcoin, PC mining has not been profitable for years. Ethereum, has a different mining consensus and after it's price surge, it seems that mining ethereum with a PC, is something that can give you a profit, See the video for details.

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Keepkey is another hardware wallet, that has been around for some time. It is very easy to use and setup. In the video we can see the setup process and first transactions. See more how-to 's for wallets:

Trading is difficult for beginners, but luckily we have Internet and Youtube. There are many videos around, but I found this one, the most helpful.

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A paper wallet is a safe way to keep cryptocurrency off-line. You generate a keypair (public and private), and send funds to the public address. When it is time to spend, you import the private key to an online wallet.

Hardware wallets, are the safest way to use cryptocurrency, because private keys are kept off-line. This minimizes the risk of stealing from a hacker. A very famous hardware wallet is Trezor. See the video for details.

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