As the top asset in the world today,the digital currency created in January 2009 by an unknown person following the housing market crash has gained over a 1000% return on investment.
There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to. Bitcoins are not issued or backed by any banks or governments, nor are individual bitcoins valuable as a commodity.
Bitcoins are stored in a “digital wallet,” which exists either in the cloud or on a user’s computer. The wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money. Unlike bank accounts, bitcoin wallets are not insured by any country.
Investing in bitcoin is not has complicated as most think and is even faster than opening a bank accounts. In fact, it is often faster than opening a social media account.
In our today discussion we shall take a look at how to buy and sell bitcoins
How to buy Bitcoins from Paxful using Quickteller
Paxful makes the process of purchasing BTC with Quickteller whole lot simpler. Pay with Quickteller to have Bitcoin in your Paxful wallet in less than an hour.
You can either buy from one of many offers listed by vendors for selling their BTC using Quickteller or create your own offer to sell your bitcoin in Quickteller balance.
Vendors at paxful can set their own rates and decide their margins. Select the offer that suits you the most while buying and create offers that have the best chance of converting
But if you decide to buy bitcoins via quickteller follow the steps below.
Steps to buy Bitcoin with Quickteller via paxful
1.Click on the Transfer Money menu
2.Complete the fields by inserting the account number, desired bank name and amount
3.Insert Card Details, i.e. PAN, Expiry Date, CVV, PIN, Safetoken/OTP or Verve eCash PIN if you are transferring from your eCash account.
How to Buy Bitcoins with PayPal
You can also buy bitcoins with paypal via paxful because the platform makes it easy and secure for you to buy and hold cryptocurrency.
Every bitcoins seller for Paypal may have slightly different offer terms, so be ready to provide to bitcoin sellers ID documents to verify your name, bank/utility statement to verify your billing address, link to social profile to ensure you are real person, write a paper with some text or take a selfie with it so the seller could show this to PayPal in case there will be a claim from buyer’s side afterward.
By following this process sellers protect themselves from fraudulent payments and also protect buyers PayPal accounts from unauthorized use.
Paxful makes the process of purchasing BTC with PayPal whole lot simpler. Pay with PayPal to have bitcoin in your Paxful wallet in less than an hour.