Can someone please help me with bitcoin? i have not registered yet and its confusing me what to go for like desktop, web, full etc. I am so confused with this. Just want an account that i can use to receive payments from people. Further i would like to know how safe and anonymous it is.
Thanks
I think online bitcoin wallet blockchain.info is good for newbie. Easy for registration and really user friendly and until now i don't have any issue when using blockchain.
Yup blockchain.info it the best wallet to use, as its very safe and security measures are too good, you can expect your coins safe in that wallet, as I am using it since last 2 years, and everything is going fine.
But, for new in Bitcoin, which often do not have much yet, transaction fees can be high.
So, Xapo's still a good wallet for those who do a lot of transactions, but is not very secure.
You can choose whatever transaction fee you want in the advanced section when you click on "send" in blockchain.info. It's best to leave whatever default recommended fee they give up.
As far as OP goes, don't over-complicate things.
1) Download Electrum (be sure to save the seed which is the long string of characters that will give you access to the wallet anywhere you are, you just need to download Electrum in any computer and enter this seed and your wallet will appear)
2) Go to Localbitcoins
3) Find a reputable seller near you
4) Buy the Bitcoins
5) Send the bitcoins to your Electrum wallet
This is a video tutorial on step 1)
https://www.youtube.com/watch?v=WdVlH9N2oKUYes, I know we can change the transaction costs, but transactions become slower right?
Very good tutorial, I'm sure it will help.
1st Tell Us What's your objective in having Bitcoin currency. Is it for you to earn? For you to send money? So we can help you properly. Also before you can do transactions you must have a Bitcoin Wallet, For you too have a Bitcoin Address. Go register with Blockchain or Xapo.
He wants probably use Bitcoin as a simple currency like all of us.
But also earn, receive and spend money.
Thank you so much for your replies
I think talking to you guys have cleared a lot of misconceptions i had previously.
Basically i have payoneer and skrill cards and i own a business online where people get escorting services but i have not yet settled the payment procedure and still using western union so far but as you all know every time i have to receive payment from someone i have to tell them all my confidential information where as i am more concerned being discreet and anonymous in these things which is why i was told about bitcoin thing.
I though i will be able to receive payment from almost anyone online by telling them my payoneer bank account number and aba number but i guess it is not possible and their help desk has not yet responded to my that question either but if i opt for bitcoin i have to first look for the right bitcoin application and then use it to receive payments and then transfer it to my payoneer so i can get it withdrawn from the nearest ATM easily thats my plan.
So for now it seems like BLOCKCHAIN.INFO is good and safe n secure but has high transaction fee and XAPO has no transaction fee but highly insecure. Whats the difference between these three? bitcoin core, multibit and xapo? and which one do you prefer in my case?
Thanks again for your replies again
Glad to hear from ya guys
So, if you want to use faucets, which also do not earn much, and receive Bitcoins immediately from them, I advice you Xapo.
But, I will recommend you using Multibit, which is secure.