Lots of investment opportunities are now in bitcoin and this makes it needful to plunge into the trending digital currency to make the most of your financial operations.
Bitcoin was created and introduced in the year 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions, Pyaments and others are made with no middle men – wow meaning, no banks! There are no transaction fees and no need to give your real name or full details. It is very very secure, even more than the banks.
The general question in operating in bitcoin is how to open or own a bitcoin account in order to transact businesses in bitcoins.
This article will proffer a solution to the problem of having a bitcoin account that is safe and secure for all your fianncial transactions.
Bitcoin wallet is similar to having a physical bank account where your money is stored and your account being able to receive and send payment for financial transactions.
Blockchain Bitcoin Wallet can be referred to as an online account for transaction. You open an account with one of the bitcoin wallet providers. These are equivalents of our physical GTBANK, FIRSTBANK, DIAMOND BANK, UBA BANK etc. To perform smooth transactions online without credit card or domiciliary account, Bitcoin is the way to go. Everyone running businesses or doing transactions online must have one, in facts it’s the best method of making payments and transactions online.
Blockcahin is one of the best bitcoin marchants or ‘BANK’ in the world with a simple dashboard and secure financial operations. It is free and easy to open a blockchain account and operate from anywhere you are in the world.
To open a Blockchain Bitcoin Wallet account of your own, You can use several Online Bitcoin service providers suck as localbitcoin or blockchain. But for the sake of this Tutorial we shall be using blockchain. Now to open your account you can go to https://blockchain.info/wallet/#/signup Now, kindly follow my step by step guide to opening a bitcoin account right from your bedroom in Nigeria or any part of the world.
Step1: Visit www.blockchain.info/wallet. You will land on a page like the one bellow.
STEP2: You will land on this next page below…
Please Kindly follow my arrows as indicated and shown above to fill your EMAIL, PASSWORD (must contain letter & alphabet), Tick the terms of service button and click on CONTINUE.
STEP 3: Below
STEP 4: Below
Just Login to your email you used when registering and a mail would have been sent to you just like the one above from BLOCKCHAIN. Click on it to simply open it.
Simply Following my RED arrow in the above image, copy your WALLET IDENTIFIER and keep it safe somewhere very safe please. It is what you will use whenever your want to log into your blockchain account. VERY VERY important.
Now Following my YELLOW arrow, click on the VERIFY EMAIL to verify your email and you will automatically be redirected to the page bellow @ step 6
This will show that your EMAIL has been successfully verified!!!
Now simply go back to www.blockchain.info/wallet
Follow the arrow in my image below. Click on LOGIN
Just As you can see above, Just input your wallet identifier (The one i said earlier that you should keep safe, Remember ? @ Step 5). Also, enter your PASSWORD (the one i said earlier that it should be a mixture of alphabets and numbers). Input them and click on LOGIN
This is just what I personally do. I keep my login details in a notepad and safe on my laptop so that I will not forget it. You can also do this and keep it somewhere so whenever you want to login, you can always open the notepad to copy your login details.
Now When you are inside your blockchain account, as show above, click on RECEIVE. We want to get our BITCOIN wallet address. (This is so important. It is like your BANK account NUMBER)
After clicking the RECEIVE above, you will then see your BITCOIN wallet ID as it shows in the image below. Copy it and keep safe. It’s is like your BANK account number. And that is what is referred to as your BITCOIN account or bitcoin ID.
Please When inside your blockchain account, you will see the section like the one shown above. You can click on it to fortify your account by enabling additional security features like adding your phone number, back up security phrase etc. This is to enable you protect your account from hackers from having access to it. Just take your time around here to fortify your account very well.
HOW TO FUND YOUR BITCOIN WALLET
To fund your Bitcoin wallet is just very simple. All you need to do is get someone who have money in his bitcoin account to send money to your own bitcoin account while you pay him for the money. Let’s be practical here.
I have $10,000 in my Bitcoin account. You do not have any in your account yet. You contact me that you need bitcoin. I am willing to sell. We agree that i will sell $1 for N550. You want $1000. You will pay me 550 x 1000 = N550,000 and i will login to my blockchain account and click on SEND
Just like in the image below!!!
I will fill in your Blockchain Bitcoin Wallet ID. The dollar amount you want, Description (transfer/sales) and then i will click on next and confirm on the next page.
You gave me money, I gave you bitcoin. That’s how to get BITCOIN.
There are trusted merchants like www.naira4dollar.com that sells bitcoin and buy also.
Another easy way is just search on google.com a phrase like…
buy/sell BITCOIN in (put your city). Eg, buy/sell bitcoin in Lagos (if my city is Lagos). Once you do that, you will see a handful of websites and results that will come up. Check on them and look for the one that is closer to you. I advise you to walk into their office, cash at hand and do the transaction. There are many scammers who disguise as bitcoin seller and offer your ridiculous price to lure you and scam you, so be very very careful.
www.naira4dollar.com is tested and trusted and you can pay them without going to their office but ensure you confirm from them they have on ground before paying. I am not their affiliate o lol, But just saying this out of my previous dealings with them.
Now, go get your Blockchain Bitcoin Wallet account funded as I roll out opportunities you can use BITCOIN to partake in.
Click On the bitcoin investment Category at the top of this page to learn how to make more money using your bitcoin wallet.