Perfection in Crypto Trading For You

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Before buying bitcoins, it is important to keep in mind that, as with any risky asset, you should not invest more than you can afford to lose. There is no Bitcoin account per se as there are bank accounts. To get bitcoins, you must open an account on a cryptocurrency exchange there are around a hundred of them in the world today. In general, it is possible to buy them by card or by bank transfer. Do visit de.the-newsspy.com for more on that.

In this country, there are a handful of players: the Paymium exchanges Bitcoin or euro exchange, Zebitex multi-crypto or euros, Savitar and the Coinhouse and ZeBitcoin brokers. The latter also has a currency exchange office in the 2nd arrondissement of Paris called “Coinhouse Paris Store”. But citizens can buy bitcoins on foreign platforms like the American Coinbase which is available. Some are more ergonomic than others. Commissions also vary from platform to platform. The bitcoin site regularly updates a ranking of platforms, in particular by listing the number of positive and negative reviews.

Bitcoin wallets

Once you have bought bitcoins, it is possible to keep them in a wallet, a physical or digital electronic wallet. It makes it possible to avoid the risks of piracy of which the cryptocurrency platforms can be victims. It includes two elements: a public key, known to all, which corresponds to a Bitcoin address, and a private key, known only to the holder of the wallet. Physical wallets look like USB sticks. Two big players compete for the market. Digital wallets, software portfolios, can be accessed on a computer, mobile and desktop. Some examples of software wallets: ArcBit, BitGo, Electrum, Mycelium.

Bitcoin cash

Bitcoin cash whose acronym is BCH is a cryptocurrency born on August 1, 2017, following a fork of Bitcoin. A fork is a new branch created from the source code of existing software. In recent years, the Bitcoin community has been debating the evolution of Bitcoin, which has several weaknesses including the capacity for transactions per second. The size limit of a block of Bitcoin is equivalent to one megabyte, which makes it possible to carry out around 250,000 transactions per day. Bitcoin cash has a limit of 8 MB, which allows it to process around two million transactions per day. Increasing the size of a block allows faster payments and lower transaction costs. The only downside is that Bitcoin cash uses far more computing power than its cousin to validate transactions.

Bitcoin cash is the fourth most valued cryptocurrency, behind Bitcoin, ether and ripple. In early June 2018, its capitalization reached $ 14 billion, the equivalent of that of Crédit Agricole. Its price hovered around 850 dollars in the same period. It is possible to get it on major exchange platforms such as Coinbase or Binance.

Bitcoin cash

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Bitcoin cash whose acronym is BCH is a cryptocurrency born on August 1, 2017, following a fork of Bitcoin. A fork is a new branch created from the source code of existing software. In recent years, the Bitcoin community has been debating the evolution of Bitcoin, which has several weaknesses including the capacity for transactions per second. The size limit of a block of Bitcoin is equivalent to one megabyte, which makes it possible to carry out around 250,000 transactions per day. Bitcoin cash has a limit of 8 MB, which allows it to process around two million transactions per day.