Few Basics for the Bitconnect Coin Trading - PowerPoint PPT Presentation

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Few Basics for the Bitconnect Coin Trading

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If you know what exactly is Bitcoin and how to use it, it can really get you a satisfactory amount. Here are few basics for the Bitconnect coin trading. – PowerPoint PPT presentation

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Title: Few Basics for the Bitconnect Coin Trading


1
The Basics of Cryptocurrency for the Beginners
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  • Bitconnect is the future money as a lot of
    supporters of Bitcoin or Bitconnect money says
    so, and then again, there are a lot of people
    claiming it to be good, bad, evil, transparent
    and even downright misguided.
  • The thing with Bitconnect is, if you know how to
    use it and what exactly is Bitcoin, it can really
    get you a satisfactory amount of online financial
    security.

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  • If you have been hearing the Bitcoin buzz for a
    while now, you probably have a lot of questions
    to ask.
  • Therefore, we have come up with a few basics for
    the Bitconnect coin trading. Take a look

5
1.    So what are Bitcoins/Bitconnect
  • When we talk about Bitcoins, we dont talk about
    physical dollars or real money.
  • These are basically decentralized, virtual
    currencies, or you can say coins which you can
    use online for trading purposes directly with
    your clients without any help of the middle man.

6
  • No bank from any country in the world holds any
    right or control over the Bitcoin and it is
    called the cash for the internet with lots of
    love.
  • There are approximately over 11 million Bitcoin
    in existence as of now.

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2.    Are Bitcoin untraceable or anonymous
  • A lot of people think that the Bitcoin users
    remain untraceable and anonymous but that isnt
    true.
  • Although you as a user you dont have to put any
    of your personal information online like your
    bank account number or your physical address, you
    still leave a traceable trail behind with each
    transaction you make.

9
3.    How can you purchase Bitcoin
  • This log is known as the Blockchain which I a
    public log.
  • This helps the Bitcoin users to keep a track of
    their used Bitcoin and prevents them to use the
    same Bitcoin more than once.

You need to buy Bitcoin using real analog money.
There are lots of Bitcoin purchasing places where
you can make your investment.
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4.    How can I start using Bitcoin
  • After you purchase certain amounts of Bitcoin,
    you can use the Bitcoin wallet for your desktop
    or your smartphone.
  • You can even use web wallet in the cloud. Once
    youre signed up, your Bitcoin wallet provider
    should generate your first Bitcoin address and
    you can create more whenever you need one,
    according to The Bitcoin Foundation.

12
  • You can share you addresses with friends and
    contacts so they can pay you and you can pay them
    in Bitcoin.
  • The Bitcoin values usually fluctuate every now
    and then and you need to keep a track on the
    same.
  • Using Bitcoin can be really beneficial. All you
    need to do is learn how it works.

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