Mt. Gox Distribution Could Shatter Shaky Bitcoin Market
Cryptocurrency News & Your Guide to the Blockchain Economy After most of the major cryptos peaked in late 2017/early 2018, it has been a rough ride for crypto investors. Now bitcoin prices have sold down to the $6000 USD level, and there are numerous commentators calling the bottom of the bear market. No one knows for sure if this is it, but there are some factors that could drive bitcoin prices even lower over the rest of 2018. According to multiple credible reports, Mt. Gox is getting ready to return around 160,000 BTC to former investors. All that BTC is worth more than a billion USD at present market rates. The people who have been waiting for the return of their BTC may be in a hurry to cash some of their holdings out, which could create heavy selling pressure in the market. This publication was obtained by us on January 17, 2019 2:37 PM. Have a look at blockonomi.com for more from this source.
Chelan County PUD Proposes Higher Electricity Rates for Bitcoin Miners
Cryptocurrency News & Your Guide to the Blockchain Economy Washington?s Chelan County Public Utility District (PUD) has created a new electricity pricing structure proposal for Bitcoin miners in the county, supposedly meant to shift the cost of the increased demand on power to be passed to miners. The proposed rate will see an increase in the variable and the fixed costs being lumped together in a new electricity rate structure. According to a report on Washington based radio station KPQ, which quoted the Customer Utilities Rate Adviser for Chelan County PUD Lindsey Mohns, there isn?t much difference between the current rate and the proposed rate. This article was found by us on January 17, 2019 2:36 PM. You may want to visit blockonomi.com for complete listings from this source.
Time Aspect Of Bitcoin Transfers - How Long Do They Take | CaptainAltcoin
Or how long should my Bitcoin transaction take? The digital currency Bitcoin allows users around the world to make low-cost, peer-to-peer payments with a faster processing time than international bank transfers. But how fast are Bitcoin transactions? Simple answer would be that Bitcoin transfers from one wallet to another depend from transaction to transaction. When you make a payment using Bitcoin, your transaction needs to be confirmed by the Bitcoin network before the payment can be completed. First, your transaction goes into the ?unconfirmed transactions pool,? a list of all the pending Bitcoin transactions. From there, it is picked up by participants in the peer-to-peer Bitcoin network who then use their computing power to validate your transaction. This piece was first seen by us on January 17, 2019 2:34 PM. You may want to visit captainaltcoin.com for more.
Smaller PoW coins are in constant danger of 51% attacks - Decred (DCR) governance model is the solution | CaptainAltcoin
DCR aims to serve three purposes of an ideal currency: being a store of value, being a medium of exchange and being a unit of accounting. Bitcoin is kinda capable of performing these three functions, but currently possesses inferior technology that isn?t suited to make it commercial grade money. A hybrid POS/POW system used by Decred combined with upcoming privacy solutions looks to eliminate these limitations and launch the DCR token into worldwide adoption. Decred developers decided that a Bitcoin with some form of governance is required to avoid similar problems in the future and thus their current project was created. This share was retrieved by us on January 17, 2019 2:34 PM. Browse captainaltcoin.com for complete listings from this source.
Beginner's Guide for WaBi Token (WABI) - Top Altcoin for 2018 | CaptainAltcoin
WaBi is a free floating blockchain based crypto-token with strictly limited issue and exponential transaction growth potential. It is an electronic cryptocurrency which supports Walimai?s anti counterfeit system backed by sales of products protected by Walimai technology. Consumers around the world can purchase products protected by Walimai technology with WaBi. Walimai has developed a solution that securely links a physical item to its digital representation at a cost that allows us to protect everyday consumer goods such as milk-powder, pharmaceuticals, alcohol, and cosmetics both physically and digitally. This share was discovered by us on January 17, 2019 2:34 PM. Have a look at captainaltcoin.com for complete listings from this source.
Aion (AION) about to break out of its shell and go full marketing mode | CaptainAltcoin
Remember when AION was priced above $2 USD? Well you probably don?t as this was way back on July 9th. The coin saw its monthly highs a couple of days before, reaching $2.31 USD/30000 satoshi before beginning to drop in an apparent free-fall. That drop has continued throughout these past weeks, leading AION to its absolute monthly lows of $0.72 USD/9374 satoshi. August brought no change to this pattern as AION is currently riding the yearly lows train whose brakes are nowhere to be seen. Right now you can purchase one AION for $0.489109 USD (21.01% rise in last 24 hours)/7414 satoshi (18.50% drop in last 24 hours). Daily trade volume is almost non-existent, sitting at 282 BTC. With a market cap of $68,330,937 USD, AION is currently the 70th most valuable cryptocurrency in the world. This post was first seen by us on January 17, 2019 2:34 PM. You may want to visit captainaltcoin.com for more.
Beginner's Guide to Ontology (ONT) | CaptainAltcoin
Ontology is a new high-performance, public blockchain-based project which combines a distributed identity system, distributed data exchange, distributed data collaboration, distributed procedure protocols, distributed communities, distributed attestation, and various industry-specific modules to create an infrastructure for a cross-chain, cross-system, cross-industry, cross-application, and cross-device peer-to-peer trust ecosystem. Such a decentralized, open and standardized platform will be suitable for implementation in many industries, allowing various companies to create a user friendly, interactive and blockchain-based environment for their business. This piece was first seen by us on January 17, 2019 2:34 PM. See captainaltcoin.com for complete listings from this source.
Bitcoin Diamond (BCD) - A Friendly BTC Hard Fork | CaptainAltcoin
Bitcoin, the revolutionary cryptocurrency, had another Hard Fork. This was the third fork of Bitcoin, after success in the Bitcoin Cash, Bitcoin Gold. Here are some of the basic questions that usually arise when a fork is done: Bitcoin did another hard fork, and the coin created this time is Bitcoin Diamond and is dubbed as BCD. According to their official website, this new Bitcoin hard fork happened on 24th November 2017 at about 1:20 am Pacific Standard Time at block height 495866. It is a friendly fork. This means that it is not being done to compete with original Bitcoin. This new fork is done for reasons that I will explain further in this post. This article was found by us on January 17, 2019 2:33 PM. See captainaltcoin.com for additional posts.
Yet another fork: 0x (ZRX) forked to give birth to Hydro Protocol (HOT) | CaptainAltcoin
0x is an open, limitless, wide open protocol allowing you to trade ERC20 tokens on the Ethereum blockchain. And now it is being forked, giving birth to a new project called Hydro Protocol. Why we are forking 0x https://t.co/MrC23EVyEQ ? Tian Li (@tstyle11) December 14, 2018 As the main developer behind the fork, Tian Li, explains it: Although we are using the term ?fork? to give proper credit, we rewrote a large portion of the codebase. We plan to ship a new order schema, an engine capable of true matching, robust market orders, and a fundamentally different liquidity sharing model. The ZRX token will be removed as well, because fee-based tokens create unnecessary friction. This data was obtained by us on January 17, 2019 2:33 PM. Visit captainaltcoin.com for more from this source.
Complete Beginner s Guide to Dogecoin (DOGE) Why Do People Call It the World s Most Valuable Joke | CaptainAltcoin
Dogecoin is an open source peer-to-peer digital currency that is widely used, traded, community supported (the Dogecoin community consists of over 100,000 subscribers on Reddit), available on almost every exchange, and supported by a number of popular multi-asset wallets like Jaxx. Created back in December 2013 by creators Billy Markus and Jackson Palmer, Dogecoin began life as a ?joke currency?, but quickly exploded onto the market, and today it has thousands of users and whole Internet communities designed around sharing the currency and posting memes about the coin online. Famously known as the ?joke currency,? Dogecoin is a peer-to-peer digital currency, just like Bitcoin and Litecoin, but is designed to reach a much broader demographic than Bitcoin. Dogecoin was originally intended for two main purposes ? to act as a satirical commentary on the sudden explosion and ridiculous valuations of the new currencies coming out at that time and to be fun and more readily accessible than the dominant Bitcoin. This share was found by us on January 17, 2019 2:33 PM. Browse captainaltcoin.com for more similar content.
Crypto and Gaming Collaboration: MobileGO and Xsolla Are Now Business Partners | CaptainAltcoin
Millions of players are interested in esports and MobileGO wants to provide an ecosystem that will satisfy this interest. With already 500+ supported games and its own token MGO, MobileGO builds the solid esports platform that will be able to join developers, gamers, publishers, creators, investors and esportsmen ? the global gaming audience counting over 2.5 bln users. MobileGO, known for providing special token MGO ? has claimed its further development along with Xsolla. This cooperation offers benefits to the payment methods as Xsolla provides a gaming payment system to more than 500 mln clients worldwide. This information was found by us on January 17, 2019 2:33 PM. Browse captainaltcoin.com for more similar content.
Best Multisignature Wallets - Secure Your Crypto With More Private Keys | CaptainAltcoin
It?s easy to lose your digital money if you are not consciously doing things. Unfortunately, in the world of Bitcoin and other cryptocurrencies, incidents such as Bitfinex or MtGox are nothing new. Also, there have been some reported incidents where an individual has lost his/her coins and the reason was that he/she lost access to their private keys. How to make Bitcoin more secure and avoid such losses? I know this is a big question in everybody?s mind? That?s the reason why more and more people are looking out for more secure ways to store their Bitcoins. And why not? Bitcoin is becoming more and more precious each day, and at the time of writing this article, Bitcoin is trading at about $10000. This publication was obtained by us on January 17, 2019 2:33 PM. Browse captainaltcoin.com for complete listings from this source.
All About KuCoin Shares (KCS) - Native Token of Kucoin Exchange | CaptainAltcoin
KuCoin Shares or KCS for short is the token issued by Kucoin Cryptocurrency Exchange Platform with total supply of 200 million. After buy-back disposal, it will be a constant ? 100 million. At least 10% of the KuCoin?s net profit will be applied to the buy-back of KCS every quarter. The KCS retrieved through buy-back will be destroyed immediately. The process will continue until 100 million KCS are destroyed. As a decentralized cryptocurrency issued on the basis of Ethereum, also a standard ERC 20 token based on Ethereum blockchain, KCS supports all the Ethereum wallets. KuCoin is a relatively new crypto exchange based in Hong Kong, which was initially based in China until Chinese government banned digital currency exchanges. This data was obtained by us on January 17, 2019 2:32 PM. Have a look at captainaltcoin.com for more.
BitQuick Review Legit Place to Buy Bitcoins | CaptainAltcoin
BitQuick is a global bitcoin exchange that provides unrivaled transparency and lets customers buy Bitcoins with cash via cash deposit. BitQuick was founded by Jad Mubaslat in 2013 and has carved out a strong niche in the global crypto scene. The company is based in Cincinnati, US, and operates as a global bitcoin exchange platform that provides full proof of reserves, including full disclosure of total bitcoin transactions and average selling prices. One of BitQuick?s primary objectives is to streamline the Bitcoin purchasing process, and it does this by enabling cash-to-bitcoin transactions. In its simplest form, BitQuick is a digital currency exchange used for buying and selling Bitcoins. The platform takes much of the confusion out of bitcoin trading by focusing on cash-only deposits. It essentially acts as a third-party escrow agent that links buyers and sellers, holding both Bitcoin and fiat currencies, while buyer and seller complete the necessary steps for a successful exchange. This post was first seen by us on January 17, 2019 2:32 PM. Check out captainaltcoin.com for more from this source.
Lisk (LSK) about to dismantle delegate cartels - new roadmap is out | CaptainAltcoin
Lisk issues with centralization and with its DPoS system being controlled by a pool that owns more than 53% of the network, thus having full control over the consensus, transactions, votes, and delegates, have been a public secret for quite some time. A Lisk developer and investor calling himself 4fryn released an article titled ?How to maximize your Lisk stake rewards? in which he described why the current system benefits only a few selfish individuals at the top and suggested several reasonable improvements to the way things currently operate. His suggestions include reducing the size of the delegates? pool and unvoting the most selfish members of the network. This posting was obtained by us on January 17, 2019 2:32 PM. Have a look at captainaltcoin.com to find more similar content.
Trade Instantly Amazon Gift Cards for Bitcoins | CaptainAltcoin
Believe it or not, I bought my first bitcoin using a certain amount of USD on my Amazon account. And I did not earn it, that was my friend?s birthday gift. Yeah, Amazon gift card! Before I thought I might do some web search, and search engines listed several sites that were selling bitcoins for real cash at that time: CoinGate, LocalBitCoins, UnoCoin, Cex etc. Then I learned there are some online services where one can exchange gift cards for bitcoins. Basically, I found seven: Gyft, FoldApp, Purse, Cryfter, eGifter, InstaGift, YesToBitcoins. And both Purse and eGifter are linked with Amazon, connecting buyers and sellers on one platform. Just by random selection I decided to trade on Purse, to change my gift card for my first bitcoins, which I want to show you step by step: This entry was found by us on January 17, 2019 2:32 PM. See captainaltcoin.com for more.
What Is a Bitcoin Brain Wallet and How to Create One for Yourself | CaptainAltcoin
If you have trust issues with third-party services for securing your Bitcoins, perhaps it?s time you considered a more secure solution. Exchanges are vulnerable to attacks, fraud and other forms of illegal activity, smartphones can die, and you may lose your hardware wallets. For the ultra-paranoid and those who lose their sleep due to the safety of their Bitcoins, there?s only one storage option that?s impregnable to all known attack vectors ? the brainwallet. Bitcoin is a digital currency that?s not tied to a bank or government, but unlike a credit card or PayPal, it?s equally suited to the analogue world. It?s impossible to spend Bitcoin offline. However, it can be stored in the form of a paper wallet (by writing down your passphrase or key on a paper). If you take that approach one step further, by removing the paper, then you are left with a brainwallet. Brainwallets, as apparent from their name, refer to the concept of storing Bitcoins in one?s own mind by memorizing a mnemonic recovery phrase. A brainwallet is where a user remembers their mnemonic phrase/private key and never writes it down, and it?s the only Bitcoin wallet that?s 100% impervious to phishing or hardware failure. However, it?s important to note that in some cases, if a user forgets the mnemonic phrase or goes into a coma or dies without telling anyone, then the associated Bitcoins or crypto-coins are lost forever. This item was discovered by us on January 17, 2019 2:31 PM. See captainaltcoin.com for more similar content.
BitShares (BTS) Overview: Centralized exchanges delist them because they are competition | CaptainAltcoin
BitShares price action has been somewhat wild throughout the past month. After reaching $0.1134 on September 5th, the currency dropped sharply with some high daily trade volume (reached $34,949,159 on 6th) and reached a monthly low of $0.0905 on September 12th. BitShares bounced with intention from this low, going on a run which would eventually end with the price of $0.1290 and bring the trade volumes back to $30 million. Ever since, the currency has seemingly entered a slow and bloody downturn which led it to its today?s values. Furba gives a short overview of the currency?s technicals: ?BitShares is at the end of the triangle. Considering the long history of the project and also the fact that it one of the highly rated blockchains by Chinese ranking, 300% returns Bitcoin-wise against 50% loss risk may be not that a bad trade.? This information was retrieved by us on January 17, 2019 2:30 PM. Visit captainaltcoin.com for additional posts.
NEM (XEM) hasn t been in the news much lately, but they have been patiently working and growing their project | CaptainAltcoin
NEM currency saw a couple of ups and downs in the previous couple of weeks. Sitting at $0.1106 on September 5th, NEM went into a week-long downtrend which led towards a monthly low of $0.0796 on September 12th. From here onwards NEM entered somewhat of an uptrend which first peaked at $0.1021. The rise continued in the month of October and we saw prices $0.1121. The daily trade volume reached monthly highs on the same day with $28,094,175 worth of NEM being exchanged on the market. At the moment of writing, NEM can be purchased for $0.106585 USD (3.26% rise in the last 24 hours)/0.00001633 BTC (3.87% rise in the last 24 hours). This value represents a drop of 94% from the currency?s all time high of $1.90. Daily trade volume dropped off from the monthly highs and is currently sitting at $5,813,085, most of it coming from Binance (13%), B2BX (12%) and Zaif (11%). With a market cap of $959,269,409, NEM is currently the 17th most valuable cryptocurrency in the world. This posting was retrieved by us on January 17, 2019 2:30 PM. You may want to visit captainaltcoin.com for complete listings from this source.
Bancor (BNT) Digest: It is not often you see a project meet its roadmap targets like BNT does | CaptainAltcoin
Bancor?s price action was all over the place in the last couple of weeks. After peaking on August 7th with the price of $2.03/29091 satoshi the currency dropped off on the 14th. This drop bottomed out with the value of $1.39/22964 satoshi before it recovered to $1.73/26402 satoshi. While the USD value moved rather errantly towards the beginning of the month of September, BTC value managed to stay above 23000 satoshi. This drop went down much stronger on the 5th and we saw September bottom reached on the 12th, when the value of Bancor touched $1.11/17705 satoshi. The rest of the month saw the currency switch into a rather strong uptrend which continued to the day of the writing. This share was found by us on January 17, 2019 2:30 PM. Browse captainaltcoin.com for complete listings from this source.
TenX's Comit is a game changer: First BTC Lightning to ERC20 atomic awap went smooth | CaptainAltcoin
TenX showed a live demo where of their Comit protocol where they swapped a non-native asset to an asset on a layer-2 network on both mainnets. In particular, they swapped 10 PAY tokens on Ethereum for 71240 Satoshi on the Lightning Network using COMIT. COMIT stands for ?Cryptographically-secure Off-chain Multi-asset Instant Transaction network.? The company bills COMIT as the Internet of Transactions, a universal protocol for uniting the transactions across different blockchain ecosystems. They compare it to the early days of the Internet, where a bunch of siloed, incompatible networks ruled the world. Before the World Wide Web, they couldn?t talk to each other. COMIT is an open protocol facilitating trustless cross-blockchain applications. The simplest use case one can imagine is an atomic swap between two currencies. This data was first seen by us on January 17, 2019 2:29 PM. Have a look at captainaltcoin.com for more.
Brave and BAT adoption is nearly a vertical line: Some of the world's largest websites are already making money via BAT | CaptainAltcoin
BAT?s popularity in the crypto circles peaked at the time it was added to Coinbase. There were corners of crypto world that didn?t know too much about BAT and Brave so that happening stirred some buzz around the Brendan Eich?s brainchild. Ever since integrating BAT payment system into their exceptional Brave browser, the BAT team has seen staggering growth numbers both in monthly active users of the Brave browser but also in the number of publishers that accept BAT. Some of the world's largest websites are already making money as @brave publishers. Vimeo The Guardian Washington Post VICE CoinMarketCap This information was discovered by us on January 17, 2019 2:29 PM. Check out captainaltcoin.com for complete listings from this source.
Request Network (REQ) building a powerful v2 of their protocol but still struggles to regain community trust | CaptainAltcoin
Often referred to as ?PayPal 2.0,? Request Network is a new type of payment system platform that allows anyone to request a payment (a Request Invoice) for which the recipient can pay in a secure way. It is built on top of the Ethereum network, making it an ERC20 token. All of the information is stored in a decentralized authentic ledger. This results in cheaper, easier, and more secure payments. It also allows for a wide range of automation possibilities. Request Network is a decentralized platform that enables anyone to request P2P payments, and makes business to business or business to client invoicing easier and cheaper as well. Request Network will definitely impact existing online payment systems such as PayPal, Stripe and powerhouse credit cards institutions (like Visa, MasterCard, etc.) by providing a cheaper and faster alternative. This post was first found by us on January 17, 2019 2:28 PM. Check out captainaltcoin.com for more from this source.
Captain Altcoin | CaptainAltcoin
The Loom Network is developed to be the next-generation blockchain platform for large-scale online games and social apps. It means that users could build apps ... When original Bitcoin white paper was introduced in 2009, a document which created the roadmap and social contract for Bitcoin, many believed that it was ... VeChain has seen a fair share of praise and controversy over time. Some call this project the one Blockchain-as-a-Service company to revolutionize the ... The future of cryptocurrency is bright and cryptocurrencies are trending all over the world as the internet payments have been accepted by many companies. ... This post was found by us on January 17, 2019 2:28 PM. Visit captainaltcoin.com for additional posts.
NEO (NEO) founders quell the community FUD with their recent Reddit AMA | CaptainAltcoin
NEO?s price action hasn?t been that great as of late. Past month highs were reached quite early, around July 5th, when we saw the coin reach 42.18 USD/637621 satoshi. Ever since, we saw it bleed out and July lows were reached on 31st, when one NEO was worth 30.13 USD/ 390107 satoshi. The month of August started off in a similar fashion, as the price stabilized for a while before heading into red during the last couple of days. At the moment of writing, one NEO is worth 14.73 USD (a 10.14% drop in the last 24 hours)/0.00242591 BTC (a 8.11% drop in the last 24 hours). The coin has a pretty solid daily trade volume of 6,887 BTC. With a market cap of 957,717,416 USD, NEO is currently the 15th most valuable cryptocurrency on the market. This posting was obtained by us on January 17, 2019 2:27 PM. You may want to visit captainaltcoin.com for complete listings from this source.
How To Buy Cryptocurrency: A Beginner s Definitive Guide | CaptainAltcoin
You?ve probably witnessed the rise of cryptocurrencies to popularity. Though you?ve failed to ride the early surge, you are now convinced that cryptocurrency is the future of money and you finally want to buy your first crypto. Before you dive in, however, bear in mind that investing in cryptocurrencies has its own set of risks. Although there are lots of speculations revolving around the future of cryptocurrency, the same investing principle still applies. Manage your risks properly and only invest money you can afford to lose. Easiest Ways to Buy Cryptocurrency Coinbase is one of the most popular digital exchange platforms where you can buy and sell cryptocurrencies like Bitcoin, Etherium, and Litecoin. You can create an account through their website (coinbase.com) or on their mobile app. As long as you are at least 18 years old and you agree to their terms, you are good to go. This article was retrieved by us on January 17, 2019 2:26 PM. Have a look at captainaltcoin.com for more similar content.
Loom Network (LOOM) Overview: Instead of whitepapers and marketing fluff, they delivered an actual product | CaptainAltcoin
Loom Network opened the month of August with the price of $0.175/2320 satoshi before plummeting down into the monthly lows of $0.0621/1031 satoshi. Recovering from this drop to $0.1318/1887 satoshi, the currency dropped once again, this time reaching the values of $0.0645/1032 satoshi. Ever since, we have been looking at a cryptocurrency in a slow, gradual recovery mode. One LOOM can be purchased for the price of $0.106175 USD (-3.20% drop in the last 24 hours)/1605 satoshi (-2.71% drop in the last 24 hours) at the moment of writing. Daily trade volume is sitting at 595 BTC, most of it coming from Binance (33%) and Fatbtc (17%). With a market cap of $62,980,536, Loom Network is currently the 96th most valuable cryptocurrency on the market. This publication was retrieved by us on January 17, 2019 2:25 PM. You may want to visit captainaltcoin.com for additional posts.
Technical analysis: most common trading patterns | CaptainAltcoin
Trading cryptocurrencies is a peculiar activity, one that can earn you a lot of money if you know what you are doing. Basic advice that anyone gives to a trader is to remove emotions from trading. Therefore every shitcoin, no matter what you thought of its developers/community/awful ticker should be seen as an opportunity to profit on. The other equally as important thing that you will need to master are the trading patterns. Traders who have years of experience swear in one thing: market movements can be predicted. The chart of an asset can show you patterns and movements that more often than not lead to certain outcomes, which are either price break-outs or downtrends. This is what we call technical analysis and people who trade without implementing at least some elements of it are basically throwing their money onto a craps table from 10 ft. away, while blindfolded. This item was first seen by us on January 17, 2019 2:25 PM. See captainaltcoin.com for more from this source.
Bakkt's Bitcoin Futures Trading Will Arrive on December 12
Cryptocurrency startup Bakkt, heralded by many as the gatekeeper to wider cryptocurrency adoption, has announced that it will bring its Bitcoin futures trading into operation from December 12, 2018, subject to regulatory approval. The news has been met with excitement, following much anticipation from the crypto community about when the operation would precisely begin. A notice released on October 22 reveals the launch date, with the listed details offering no surprises as far as the specifics of trading are concerned. ICE Futures U.S., Inc. will list the new Bakkt Bitcoin (USD) Daily Futures Contract for trading on Wednesday, December 12, 20181 . The Bakkt Bitcoin (USD) Daily Futures Contract is a physically-settled daily futures contract for bitcoin held in Bakkt LLC, ICE?s Digital Asset Warehouse, and will be cleared by ICE Clear US, Inc. Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day. This piece was first found by us on January 17, 2019 2:20 PM. Browse www.investinblockchain.com for more from this source.
How to Buy Bitcoin with a Credit Card - CoinCentral
According to this LendEDU survey, one-fifth of crypto buyers are using credit cards. And the most popular coin, Bitcoin, is no exception. For those who don?t want to link their bank account to an exchange, buying bitcoin with a credit card can seem like a safe bet. So how do you purchase crypto with a credit card? Are there any downsides? Here?s what to expect once you?ve drawn your credit card from your wallet: A lengthy KYC process if you?re completely new to the platform. The process, of course, depends on the exchange. Generally, for a US citizen, your driver?s license should more than suffice. But just in case, it?s good to keep a scan of your passport ready. If the exchange can?t read your PDF or JPG file, be prepared to send it directly to their staff. If there is an issue, they?ll email you. This post was first seen by us on January 17, 2019 2:16 PM. Check out coincentral.com to find more similar content.
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