Open Bitcoin Account
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1# FREE Bitcoin wallet
Banq24 is a FREE Bitcoin wallet for sending, receiving and storing your Bitcoin, Ethereum and Ethereum tokens. Banq24 wallet is available in IOS and Android store.
How to Open a Bitcoin Account?
In no time, bitcoin or the overall cryptocurrency world has become the biggest hotshot of the market. People are not just investing in digital currencies but hopping on the different cryptocurrency accounts and wallets too.
To find out the increasing demand and awareness of the digital currencies, in 2017, the University of Cambridge found out that more than 2.9 to 5.8 million accounts were running actively and making a good profit. As per their predictions, the number was expected to tenfold which happened too. Currently, there are more than 42 million bitcoin wallets registered world widely.
Now, this has somewhere cleared the picture of digital currency and has made this stream one of the most appealing to join and propel in.
If you have been thinking to switch or begin your career in digital currency exchange, then here is how to create your bitcoin account and get started.
Steps to Creating a Bitcoin Account
Choose a Bitcoin Wallet App or Platform- There are hundreds of bitcoin wallet app available online to add to your overall cryptocurrency trading experience. Now, it’s up to you if you want to go for a mobile app or desktop platform. Make sure you choose a reliable and secured platform to reap maximum leverages of using a bitcoin web or mobile app. There are several bitcoin wallets which are incorporated with a bitcoin balance tracking feature to find out the number of addresses being used by a user. Choose a bitcoin platform that offers a summary of bitcoin cash transaction history, an array of other useful features with a seal of security. For the best and safest experience ever, we suggest going through online tutorials of different bitcoin wallet web or mobile apps for a more comfortable experience.
Add Bitcoin Cash- Once you have decided on the bitcoin wallet web or mobile app you are going to use, then comes adding a certain amount of bitcoin cash balance in the account. If you have created the account but does not have bitcoin cash, then make sure to buy bitcoin from any reliable source, first. Now, purchase bitcoin cash isn’t rocket science. You can buy enough bitcoin cash using a debit or credit card. If not, we suggest going with the bitcoin exchange which helps you set up the account, transfer funds from your cards or bank account, and safeguards your private or public keys stored in your bitcoin wallet account. When handling a bitcoin cash wallet account, make sure to secure the account credentials, private or public critical details on any offline medium as well. Just in case, you forget the credentials or fail to log in to your bitcoin account ever; you may put your vital information, purchased bitcoin, and details of transaction history on risk.
Use Wallet to Exchange Bitcoin Currency- If you are new to this marketplace, you should know that the bitcoin transactions are irreversible. So, make sure whichever transaction you make is sent on the right key address. There are several pro bitcoin wallet apps like- Banq24, which offers the QR code feature to simplify the process of sending and receiving cryptocurrencies in minutes. To send cryptocurrency to another trader, all you need is to copy the receiver’s public Bitcoin address or scan it via QR code feature, then open the account, click on the ‘send’ option and enter the receiver’s address. Then comes specifying the exact amount to be transferred, confirm the transaction details, and you are done.
The entire process starts with a bitcoin wallet app. So, make sure you are opting for a reliable app.
Features to View When Choosing a Bitcoin Wallet App
Security- In case, you have decided to go with a desktop or web wallet then make sure to check if the wallet link starts with HTTP or HTTPS. The URL of a secured platform always begins with HTTPS. After this, check if it offers secured login options or not.
Multi-signature- To secure the bitcoin account and details from hackers and theft, such platforms come with ‘Multsig’ which ensures different layers of security for login and transaction access. This feature is fully automated and digitized to eradicate the chances of errors.
Address Reuse- Evaluate if the bitcoin app or web wallet offers you the liberty to reuse the address or not. Also, check the wallet’s HD (Hierarchical Deterministic). If the wallet or platform is HD, then it’s an additional benefit for you, in terms of data privacy.
Transparency- Here by ‘transparency’ we mean if the wallet provider transparent or not? This includes- the functions, wallet code open-source, transactions, etc.
Anonymity- There are a lot of wallets which offer anonymity feature to remain under the covers while you make profits out of it. The least you need to provide is the email address to register on the wallet app or desktop platform. Find out if there is any user account verification process like- KYC.
Are you looking for a reliable and safe bitcoin wallet app for yourself?
Your search has ended on the right destination.
Banq24 - A FREE Bitcoin Wallet
Banq24 is a feature-rich cryptocurrency wallet app designed and developed to fasten up the process of selling and buying cryptocurrencies in seconds. It is a smart and safe choice to store cryptocurrencies like- Bitcoin, Ethereum, and ERC20 tokens.
The app is incorporated with a user-friendly interface and several advanced search tools to simplify the process of drafting the best crypto trading strategy. You can download and install the app on your Android and iOS devices through Google Play Store and Apple App Store, respectively.
When using Banq24, it’s quite easy to send and receive cryptocurrencies. To send digital currency to any trader in your network, all you need is to enter the recipient’s unique public key or user address, the exact amount to be transferred and you are done.
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