Choose where you want to save this wallet verkeersopstopping and give it a name.
Bytecoin is a private and untraceable cryptocurrency launched te 2012.
BCN coins are used to make anonymous payments that confirm ter only Two minutes.
This guide is not, and should not be regarded spil ‘investment advice’ or spil a ‘recommendation’ regarding a course of activity.
Note: Photos can be clicked to see a larger version. If you’re confused by any terms used, a glossary can be found here.
Very first wij need to set up a wallet to store the BCN coins you’re about to buy.
You can see all the wallets available from the Bytecoin official wallet pagina.
Under the ‘Bytecoin wallet’ heading choose the onberispelijk download for your laptop and click it to download the verkeersopstopping
Merienda the verkeersopstopping has downloaded, open it. It may be a .zip opstopping, which means you should unzip the contents wherever you’d like to store the wallet, such spil your desktop.
Ter your fresh wallet folder, open the opstopping named ‘bytecoinwallet’.
You may be given a warning that ‘The publisher could not be verified.’ Click ‘Run’.
Your rekentuig’s firewall may ask for permission for the Bytecoin wallet to access the internet.
You voorwaarde permit access for the wallet to work correctly.
The Bytecoin wallet is now open and syncing to the blockchain for the very first time.
This will take some time, but fortunately you can still receive coins to your wallet during this process.
But very first, wij’ll protect your fresh wallet with a password. Click the ‘set password’ button on the top left.
You will be asked to input a password. Inject a password that would be hard to guess (that you won’t leave behind!).
Significant Note: if you lose this password you lose access to your wallet and coins.
Now wij’ll backup your wallet opstopping, just incase something happens to your rekentuig. You wouldn’t want to lose your coins because your hard drive failed.
On the top menukaart select opstopping >, backup wallet.
Choose where you want to save this wallet opstopping and give it a name.
It’s significant that you back this verkeersopstopping up somewhere safe (think numerous outward hard drives and/or USB drives that you waterput somewhere secure).
Ter the Bytecoin wallet, along the top banner, click the button ‘copy address’. This will copy your wallet address onto your clipboard.
Paste this address somewhere safe spil wij’ll need it soon.
Now wij’ll purchase the popular cryptocurrency Ethereum, so that wij can exchange it for Bytecoin (if you already own Ethereum you can skip ahead).
Choose which Ethereum exchange you’d like to use (by clicking on the logo), and the guide will proceed:
- Operates ter 32 countries.
- Accepts debit & credit cards and handelsbank transfers.
- Can have low buy boundaries at very first, increases with use.
- ID verification required.
- Worldwide coverage, 99% of countries.
- Accepts debit/credit cards and canap transfers.
- High initial buy boundaries compared to other exchanges.
- ID verification required.
- 180+ countries supported.
- Accepts debit & credit cards.
If you use this listig to sign up to Coinbase wij’ll both receive ten dollars of free coins when you spend overheen $100 (or the omschrijving te your currency).
Press the ‘sign up’ button and pack out your name (make sure this is exactly how it’s written on your photo ID), email, password and location.
Just like a US canap, Coinbase is regulated by the US government, and has to go after stringent financial rules. So they take verifying your identity very earnestly. It’s a agony, but it does give Coinbase a reputation for being the most trusted way to convert fiat currency to cryptocurrency.
To verify your account you voorwaarde supply a phone number, upload an photo of your photo ID and verify a credit/debit card or canap account before you can buy.
Note: If you have problems verifiying your ID using your laptop, attempt downloading the Coinbase app (on Iphone or Android), signing into your Coinbase account and verifying your ID using your phone camera.
Using a credit/debit card on Coinbase means higher fees but offers instant purchasing. Using a bankgebouw transfer is cheaper but slower (taking up to a week to get your coins).
Merienda your payment details are verified, click ‘buy/sell’ on the top spijskaart.
Select ‘Ethereum’, and at the bottom of the pagina choose how much to spend ter your particular currency / how many coins you want to buy.
Merienda you’re glad with the amount, click the big ‘Buy’ button.
You’ll be asked to confirm your purchase.
Press the ‘Confirm Buy’ button.
Congratulations! You now own some Ethereum. But don’t close Coinbase yet, wij’re going to need it again ter a few minutes.
Click here to go to Coinmama.
Te the sign up form, come in your email address and very first and last name (make sure thesis are exactly the same spil on your photo ID).
Inject a strong password (that you won’t leave behind!).
Select your country, tick the opbergruimte to voorstelling you understand their terms and conditions and press ‘Register’.
You will be sent an email to confirm your email address.
Go find that email and click the verbinding te it.
You will be informed that your email is now confirmed. Press ‘Proceed’.
You will be prompted to loom te. Come in your email and password and press ‘Login’.
You won’t be able to buy any Ethereum until you verify your account.
Ter the left-hand menukaart, click ‘Verify your account’.
You will be asked to pack ter your private details. Merienda you have, press ‘Next’.
Here you need to upload some pictures of your ID.
You’re also asked to take a selfie of yourself holding your ID, spil well spil writing ‘Coinmama’ on a chunk of paper with today’s date.
Make sure none of thesis pictures are blurry, or they will be rejected.
Merienda you’ve uploaded the files you’ll be informed your documents are under review- unluckily you’ll have to wait until you’re verified to proceed your purchase.