Basic about bitcoin
Economy

How to learn about bitcoin

There are many ways to start learning about bitcoins. My favourite way is learning by doing. So we have made this guide to get you started learning about bitcoins by reviving a transaction. We will also show you how to check the transaction on the blockchain.

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The wallet

The first thing you need is a place to store your bitcoin. The software you need is called a wallet, and as a new user, I would recommend that you use the Jaxx wallet which you can use across different platforms. To make it simple, you just need to choose your platform below:

Android

iPhone

Chrome extension

Desktop

When you open the wallet for the first time, the wallet will ask you to agree to terms of usages. After that, you should select “create new wallet” then “express” if you are not an experienced computer user then chose only Bitcoin to a start because you can always add more coins as you get to know them. And follow the instructions on screen until you reach the 12-word backup phrase which you need to write down on a piece of paper and keep it safe since this is a key for your wallet. So keep it safe and private.

Getting Free bitcoin

Before you can start learning, you need to start earning so I recommend that you use freebitco.in to start earning your first bitcoins. I recommend this site for a few reasons, first of all, it is commercial free. Secondly they don’t sell your email address, and third, they are reliable. And it is crucial that you know getting the first transaction takes time if you claim the faucet every hour you are on the fast track to reviving your first transaction. To set it up click here and follow the instructions on the screen.

You will be asked for you bitcoin address this you will get in your Jaxx wallet where if you only activated bitcoin it will be on the start screen click the icon at the end of the address, and it is copied.

Jaxx wallet on android phone

One the address is copied you can then paste It on the freebitco.in so your transaction will end up in your wallet. Remember to claim often you can claim every hour.

We will soon cover the different features and how to get the most out of them.

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Withdraw

At the top of the main site you can click withdraw her you can enable automatic withdrawal so you will get a transfer every time your account has reached minimum withdrawal amount.

You will get paid for the part of bitcoin called Satoshis, and 1 Satoshi is 0.00000001 bitcoin. So you don’t need to collect an entire bitcoin to get paid.

If you get started today, you might learn a lot by tomorrow, and learning is the first step in becoming wealthy.

Bonus

As an added bonus you can ad dogecoin to your Jaxx wallet so you can claim dogecoin at freedoge.co.in, it functions much like bitcoin, and you can read more about it right here.

Crypto Media Service
The writers writing under the pseudonym of crypto Media service Iis shadow writers all with experience in cryptocurrency of at least 3 years, they have either been invested in trading or worked on the technical side of blockchain technology but wishes to stay anonymous for multiple reasons

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