If you are new to the world of Bitcoin, NXT, cryptocurrency, digital wallets or fin-tech, we recommend Bitcoin to the Future – an eBook available on Amazon as a Kindle eBook or if you are an Apple fan, you can download Bitcoin to the Future on iBooks. Bitcoin to the Future is a simple guide, to get you started with setting up your first digital wallet, converting regular currency like euros or dollars at an exchange and sending instant payments to your friends or suppliers. This Kindle eBook gives you a short-cut to getting up and running, sending instant cryptocurrency payments to your friends, suppliers. No waiting for banks to add a fee and take hours, even days to send your payment. We could all benefit from technology like this to make our digital lives easier.
What is Cryptocurrency?
Just like using money, with digital coins (cryptocurrency) you can make trades, buy goods, receive payments, pay suppliers or even gift coins to friends and family and they arrive within seconds.
It includes some great tips for individuals and merchants who want to use digital coins, with many links to services and support. Like: Setting up your wallets. Transferring funds to a Coin Exchange and buying coins. Use digital coins to send payments or pay for services. Receive payments. Accept and make payments in a high street store. Top up your coin wallet. Backing up your wallet. Store your digital coins securely and much more.
Why use Digital Coins?
Digital currency is nothing new, in fact money is created by the banks and held electronically in the form of a cash amount in a bank account ledger that you have access to. Paper money can be withdrawn from an ATM. Money is just a piece of paper, a promissory note or receipt for the digital currency in your bank account. Money they created digitally. The bank eventually charges you for all it’s operational costs, offices, salaries, media campaigns, online banking, financial technology, ATM machines and much more. In fact a bank charges you every time you use your money. You pay a fee each year to keep your account open and for each transaction you make. Making an international payment from your bank account is expensive, the fees are high and the transaction can take a few days to process and clear.
Digital Coins on the other hand are fast, easy to use and you can send them all over the world to anyone who has a digital wallet. You can send and receive your coins instantly, at any time of the day, for a very low transaction fee. Simple. No other fees to pay.
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