Explain the Pitquin for beginners .. How to benefit from and ways to get it

Explain the Pitquin for beginners .. How to benefit from and ways to get it

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The currency of the bitcoin can be considered the future of the new currencies that have recently existed in the arena, which has made us ask and inquire whether it is really considered another alternative economic currency, or can we consider it a way to make money? In fact the answer is yes, it has several reasons and more to gain this fame.
But this does not mean you do not know everything about it before you deal with it. You have to ask where you came from, how you deal with it, what exactly to do, in fact you can buy what you love. Do you want ice cream candy? Want to buy a concert ticket? If they serve you then, but they are not like other currencies, you can not touch them and put them in your bank account in front of you, because they are in short a digital currency intangible, so some consider them a fake currency, so you always pay attention to your currencies and protection, Manufactured? This is done by a very complex calculation called "mining".
What is Bitcoin Bitcoin?
Is a digital currency created by a developer who is still anonymous to today and calls itself the Satoshi Nakamoto alias in 2008, in order to provide a viable financial alternative to the current financial infrastructure, where you can spend it for purchase by algorithms and technical calculations called smooth Blocks blockchain.
In terms of protection, it has two keys, a public first key known to all, and a user-only key so that no currency can be spent without knowing the private key.
Read also: Was Elon Mask the mastermind behind the invention of the Betquin?
What is the way to buy Bitquin?
You can not get this currency as you usually do with your money via ATM, so we will give you the steps today to put your hand on this currency:
• Make sure that the platform or the person you buy the currency from is selling you legally, as you usually do when you buy from the Internet.
• Use a reliable exchange platform such as Gemini to buy, where you must register all your information, and then deposit the owner if the dollar or the genetic Sterling or other, then buy Bitquin at the current exchange rate.
• You can also sell Bitquin in the same way as before.
• Transfer your currencies as soon as you buy to another location so that they are safe, do not store them long on the exchange site.
So the question here: how will we store it?
As we said at the time of purchase, do not keep coins in the site, immediately put them in a safe place, because the platform is to make a safe purchase, and ends its role here, the rest of you, you should not keep your currencies because it will not be under your control.
You can use a digital wallet such as Bitcoin QT to store and secure your currencies on your computer. The wallet will be encrypted and backed up to stay safe. You will also need a permanent virus check and a good understanding of online protection.
Or you can experience an online portfolio such as available on a blockchain block chain, do not worry things may be confusing but when you fully understand the mechanism of action the process will be very easy for you.
However, if you do not like or have not been comfortable with the previous methods, you can use your paper wallet to send your coins to the online offline address of any exchange program as before, where your coins will be spent using your own key.
How are currencies protected?
This is exactly the case when you protect your bank account. The more you protect it, the less likely you are to reach it. So when you are asked for a password, use a word that you remember immediately but it is strong and unique, be sure to vary between lower and upper case letters and numbers. Using passwords you've used elsewhere, in order for your currencies to remain secure if that site is compromised.
You can also use the "Binary authentication" next to the password. After entering your password, another interface will be displayed asking you to enter the code that was sent to your smartphone now, which takes 20-30 seconds to arrive and then enter it to finally login to your account. Has been supported by a powerful additional security feature.
How is Bitquin mining?
They are created by very fast and very powerful special devices that are used for giant and complex programs, not at all by our computers. Without these devices, you can not create digital currencies at all, so your digital currencies can not be verified.
Where you have two options to mine, either by purchasing these devices which are very expensive too, or alternatively you can mining online using a specific mining mining service such as Genesis Mining or Ambit Mining Farm that allows mining of the component without any maintenance or equipment problems