This post is directed to those who don’t know
anything about bitcoin nor how to open a free bitcoin account. Bitcoin is not
new, it is a digital CryptoCurrency whose value keep appreciating. You can
receive bitcoin or use bitcoin to pay for an item online. Can I tell you this,
if you have 1 bitcoin, you are a big boy because the value of one bitcoin as at
today is around $616.07 which is equivalent to N328.124
Now imagine yourself owning upto atleast 10Bitcoin?
Do the maths.
Tip: bitcoin simply means online money
Today I’m going to show you how to open your own
digital bank, free bitcoin address.
What is bitcoin address:
A Bitcoin address is a single-use token. Like e-mail
addresses, you can send bitcoins to a person by sending bitcoins to one of
their addresses. Bitcoin address is like your bank account number, which you
can use to receive money from other recipients.
However, unlike e-mail addresses, people have many
different Bitcoin addresses and a unique address should be used for each
transaction.
How Can I Get A free Bitcoin Account?
There are many services that provided this services like Bitx, Coinbase etc but on this platform, I’ll be making use of
Blockchain.
Step 1: go to www.blockchain.info and click on
wallet
Step 2: click on wallet and you’ll be presented with the image below
Step 3: Fill it, click continue and take Note of the
warning, then activate it via the link that will be sent to your email address.
Step 4: Login and go straight to your Security
Center (Set up the necessary details and your back up)
Step 5: Click on receive and you’ll see your bitcoin
address. To receive money from anyone using bitcoin, send them that address and
you are good to go.
Step 6: To send money to someone from your bitcoin,
click on send, and you’ll see the option to place the receiver bitcoin address,
specify the amount you want to send in $ and hit the send button.
How Can I Convert My Bitcoin to Physical Cash?
This is not a problem at all, you’ll always see
people that want to buy your bitcoin from you everyday. To easily convert it to
physical cash without worrying too much on how to get who to buy it from you,
go to Bitx.co and sign up.
Once you are signed up, upload your Proof of ID,
Wait to be verified
The rest is a work through steps
>>Another option is to go to
Localbitcoins.com, sign up and you are good to go.
Make use of Lara to generate 3% of your income daily
for life and if you still want to risk it, you can make use of coinr.me to
double your bitcoin in 100hour.
Lara demands a minimum deposit of $15 which is about
4800 Naira. While coinr.me u can use as low as 1 dollar to start
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