How to Buy Bitcoin on Coinbase and Move it to the Electrum Bitcoin Wallet

The CryptoDad
The CryptoDad
18.1 هزار بار بازدید - 7 سال پیش - The Crypto Dad show you
The Crypto Dad show you how to move Bitcoin from a Coinbase account to the Electrum Bitcoin wallet

Related videos on my YouTube Channel
How to set up a Coinbase account: How to Set up Coinbase Account to Buy...
How to enable 2-factor authentication on a Coinbase account: Using Google Authenticator to Set up ...
How to set up the Electrum Bitcoin wallet:
Quick set up: Quick Install Electrum Bitcoin Wallet
Set up with a bit more explanation: Set up Electrum

If you would like to get started buying Bitcoin, the easiest way is opening a Coinbase account.
You can set up a set up a Coinbase account at:
https://www.coinbase.com/
You can also download the Coinbase App:
For IOS: https://itunes.apple.com/us/app/coinb...
For Android: https://play.google.com/store/apps/de...
I highly recommend the Google Authenticator app for extra security on your Coinbase account:
For IOS: https://itunes.apple.com/us/app/googl...
For Android: https://play.google.com/store/apps/de...
You can download the Electrum Bitcoin wallet here:
https://electrum.org/#home

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What is Bitcoin?
Bitcoin is a new technology that functions as a digital currency. It is a peer-based, decentralized way to hold, store, send, and receive value. It does this by maintaining a cryptographic “ledger” called the Blockchain. All of the bitcoins in existence are created and stored on the Blockchain.
Bitcoin with a capital “B” refers to the technology itself. Bitcoin spelled with a little “b” refers to the tokens that hold the value and can be exchanged with others.
Multiple copies of the Blockchain exist on thousands if not millions of computers worldwide. Each copy of the Blockchain “verifies” itself by connecting to the Internet and making sure it has the most up-to-date list of transactions. The Blockchain maintains its integrity by using strong, modern, encryption techniques. This makes it impossible for anyone to alter the ledger, create fake transaction or “double-spend” their bitcoins.
Bitcoins do not require banks or third-party financial services to act as central clearing houses for electronic transfers. In essence, Bitcoin technology “cuts out the middleman”. Bitcoin is a decentralized, peer-to-peer monetary system that exists outside of the traditional, centralized, fiat-currency based financial system.
7 سال پیش در تاریخ 1396/09/05 منتشر شده است.
18,130 بـار بازدید شده
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