Thursday 25 February 2016

What are Bitcoins ? How to use them [Beginners tutorial]


Well many of you guys are not aware about Bitcoins (some of you are scared about that  )

Here you can understand the concept of Bitcoins in simple way..



We know many of the online transaction require bitcoins.

1)What are bitcoins (Digital currency) ???
A) Bitcoins(BTC) are another standard for money like INR (indian national rupee), USD (US Dollar)...
1 BITCOIN (BTC) = 26503.91 Indian Rupee

2)How can i Buy/Use bitcoins ???
A)U need a verified account at any Bitcoin provider websites like bitcoin.org (official) or Unocoin.com or Coinbase.com (no verification needed) ..etc

3. What Is So Special About the Bitcoin System?

The Bitcoin is a system which allows you to do anonymous currency transactions and no one will come to know about the payment or about all other info related to the payment, including who sent it, who received it, etc.

4) Can i transfer Bitcoins???
A) Yes, you can transfer your bitcoins to any other Bitcoin address (of any provider).

5)I am from india, how to buy bitcoins ???
A) Register at any bitcoin provider website, add INR to ur account, Convert to Bitcoins in 3 clicks !!!


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BITCOIN USAGE EXAMPLE ( UNOCOIN.COM )
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Registration
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1) Register at https://www.unocoin.com/ (trusted bitcoin provider)

2) Verify account
* u need the scaned copy of Pan card, Photo, Adhar/Pasport/Driving license copy
verification take max 24 hours.


ADDING money (NO DC,DC Required )
======================================

-From left side menu Choose the option 
Indian Rupee - Deposit money


-Enter amount 
- Request it
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Login to your netbanking(SBI,SBT,ICICI,HDFC..)
-Transfer the same amount to their bank account (number will be there in unocoin website)
-Note the transaction Referance number.

Enter the transaction Referance number in ur unocoin request.

Done !!! now u will be getting that amount in ur unocoin wallet soon.


BUYING BITCOINS
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- From left side menu Choose the option 
Bitcoins - Buy

- Enter amount (inr/btc)
- Buy it instantly
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SENDING BITCOINS
===========================

- From left side menu Choose the option 
Bitcoins - Send/Request

- Enter amount (inr/btc)
- Enter destination wallet address (something like 88ccb90221d9b44df8... )

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Done !!! 

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