Bitcoins- An Innovative way to Pay

Do you know what are Bitcoins? Bitcoins are a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.Bitcoins are the most famous cryptocurrency and one of the alternative currency that only exists digitally.

Bitcoins
Recently, the hackers behind the Ransomware virus hacked thousands of computers around the world, and demanded payment in Bitcoin as those payments would be much harder to trace by the government authorities. But there's also an additional reason why a lot of people have been getting interested in Bitcoin, and that's because the value of a Bitcoin has been skyrocketing, especially recently.

Is Bitcoin a investment or a money?
Today,Bitcoin is a bit of both. You'll find services, both online and offline, that are willing to accept payments in Bitcoins. It's also an easy way to pay freelancers in other countries, because it takes away an incredible amount of paperwork in that scenario.

How to buy Bitcoins online?

There are a number of ways to buy Bitcoin -
1.Unocoin
As you became verified user, you will be able to trade, transact with, accept and store bitcoin. You can send bitcoin to your friend's email address who may not have an Unocoin wallet, request bitcoin from a friend who may not have an Unocoin wallet, and address book option to store multiple wallet addresses, even generate paper wallets to keep your bitcoin safe and then easily import those addresses to your address book. Now you may also top-up your mobile/DTH directly from your Unocoin account by paying through bitcoin.
Unocoin screen

2.BuyUCoin
BuyUcoin is India's market leader in Cryptocurrency landscape. They provide the simplest and trusted platform to trade, store, use and accept cryptocurrencies like Bitcoin.
BuyUCoin website


Easy to store
Bitcoin can be stored on pen drives, written down on paper, or kept online using Bitcoin wallets, public exchanges, and so on. Buying or selling Bitcoin online is actually really simple by now, as you can just log into one of the many exchanges and get some.

Source-Gadgets 360
Bitcoins- An Innovative way to Pay Bitcoins- An Innovative way to Pay Reviewed by Saurabh Jadhav on October 10, 2017 Rating: 5
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