How to use bitcoins ?

edited August 2017 in Napper
At the current time, we only accept bitcoins to purchase our service. For those who have never use bitcoins before, here is a short tutorial

1) Setup a wallet.

This is where you funds will be receive from and to.

For desktop, we recommend using Bitcoin core as it includes a transaction fee tool.

https://bitcoin.org/en/download

For sake of simplicity, we would recommend downloading the Bitpay app for mobile devices

https://bitpay.com/wallet

There are other wallet alternatives you can choose here.

https://bitcoin.org/en/choose-your-wallet
https://www.reddit.com/r/writingforbitcoin/comments/4m04qr/informational_cc0_on_storing_bitcoin/

MAKE SURE YOU KEPT YOUR BITCOIN ADDRESS AND THE RESTORE PHRASE!!!! IF YOU LOSE IT YOU LOSE IT FOREVER!!!

2) Buy bitcoins

This is the same as you would exchange for other currency.

Here are a comprehensive list of BTC (Bit coin) exchange around the world.

https://www.buybitcoinworldwide.com/

During the purchase/exchange bitcoin procedure, you will be asked the amount and your wallet address.

The exchange rate can be calculated here. http://www.xe.com/currency/xbt-bitcoin
We recommend buying a few dollars more to cover the miners/transaction fee.

For example, $35USD -> BTC = 0.0130260
We would recommend buying up to $40USD to cover any miners/transaction fee.

Fees explained: https://blog.blockchain.com/2017/01/19/transaction-fees-your-most-common-questions/

https://support.bitpay.com/hc/en-us/articles/203076826-What-fees-am-I-charged-when-I-pay-with-bitcoin-



Once you know the amount you want to exchange for, next is fill in your bitcoin wallet address from Step 1.

That's it, the exchange may take a few hours to complete.

Feel free to ask if you have any questions.
Post edited by napper on
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