Reviews

Coinbase Review Buy Bitcoin

Willie

Let’s take a closer look if this slogan is true in reality when using Coinbase for the purchase, sale and use of the crypto-coin bitcoin.

Coinbase Tip: Use my invitation to receive $ 10 free in Bitcoins, ethereums or litecoins when you buy $ 100(100 € or 100CAD or 100CHF) or more.

In your turn you can also invite friends by offering them your Coinbase sponsorship offer, simply fill in your friend’s email and click on an INVITE button.

Once the form is filled in, Coinbase asks you to check your e-mail address, a verification email will be sent to you in your mailbox.

Click the link you received and your Coinbase account is now open.

A guide then appears on the page, you just need to follow this step-by-step guide to get your first bitcoins.

First of all, Coinbase proposes to associate a telephone with your account: it is not compulsory but strongly recommended for an optimal security: With each connection to your account or during important transactions, a code will be sent to you by SMS on your phone number. This authentication factor prevents a hacker from guessing or stealing your password from owning your account.

The second step is to complete your profile, date of birth and place of residence.

Then you go to the next step, selecting the payment method and click “Add Payment Method” button. You have the choice between three ways of payment: PayPay Account, or bank deposit (SEPA transfer) or the payment by credit/debit card.

When you choose one of these payment methods, you need to verify your identity. You can choose between 2 documents: identity card or driver’s license.

Click on the document of your choice then present it face to your webcam, front and back. Once the photos taken click on check. The verdict falls after 2 to 3 minutes only.

If it is negative no luck, you are offered to repeat the taking of photos because it is probably a lack of light or a blurred shot that prevented reading your document.

By credit card no funds will be deposited on your Coinbase account, so you can instantly buy bitcoins, but the purchase costs are high (= 3.99%) and the purchase limits are low ($ 100 or € 100 per day).

By bank deposit, it is necessary to wait from 1 to 3 days maximum to receive your funds by SEPA transfer. Purchase costs are low (= 1.49%) and higher purchase limits – up to $ 3,000 per day. The ceiling limit can be increased if you apply through an online form by providing proof of your financial means.

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Shopping and Product Reviews

10 Brilliant Tips For Better Online Shopping Experience

Willie

Shopping while sitting there in the corner is dope, isn’t it? Online shopping has definitely made people’s lives easier and more convenient. You no longer have to go outside and squeeze yourself in this massive pack of buyers trying to get a hold of the items they need to bring home as soon as possible. my personal favorite items to buy online are clothes and stuff for the kitchen, be sure to check out kitchen appliance reviews and for online clothing stores buy from someone who lets you send items back if they do not fit you properly. Here is a great list.

But, don’t get too excited whenever you go purchasing products online that you already fail to take certain precautions. If you’re not careful enough, virtual shopping might just become your biggest nightmare ever. That said, you better take note of these ten helpful tips shown below to prevent yourself from being victimized by fraudulent entities found all over the Internet.

Make sure the sites you go in are a hundred and seven per cent safe. One obvious sign you’re getting into trouble is a pop-up message telling you that a certain site might just not be good for you and your computer. Also, web addresses that don’t have “https” are probably not a great idea, too. Moreover, you may search up sites on Google before you go through them just to verify their uprightness as online shopping portals.

Business or personal email? It’s a massive NO either way. Whenever you shop online, use a separate e-mail because there’s always a possibility of your account getting hacked. This is also a great way to salvage your personal e-mail from the many (like, so many) promotional e-mails from these online retailers.

You should be meticulous of the names of the sites you try to get into. One letter could basically change your whole life. There are tons of copycats online, so beware. Also, those sites with domain extensions such as “.cn” or “.ru” or “.cc” are flat-out bad.

Never go all out about your personal info. Yes, you’d need to reveal your name and address and number. However, never disclose your driver’s license number, social security number, or any bank-related numbers if you want to be safe all the way

Why not get an anti-phishing toolbar? You could easily download one online. It alerts you of sites that are complete fraud. It tells you of probably all the web addresses that are completely unsafe. Some of the best in this niche are MyWOT.com and Netcraft.

For goodness’s sake, never use public computers when shopping online. You know, the ones you can find in Internet shops, libraries, coffee shops, or hotels. Because they’re public properties, it’s way easier for hackers to creep into their respective systems. Scary! If you shopped online using them, the administrators would have complete access to the personal info and even credit card info you gave out. Such thing doesn’t sound that desirable, does it?

No debit cards during payout. For your information, they are not law-protected. So, if you were victimized by scammers while using them, you wouldn’t be able to seek justice (let’s just put it that way). It’s always a much better idea to use credit cards over them whenever you buy stuff online.

Completely extinguish a confirmation page that didn’t load successfully. Press that “X” button immediately and never even dare reload it because you don’t want to get charged double or, worse, multiple times. The best thing to do is directly talk to the retailer for you to confirm that your order has already been received. It would also be nice to refer to your credit card statements whenever a thing like this happens.

Speaking of credit card statements… make sure that you regularly keep track of them. In here, you could see all your purchases and stuff. Once you see errors regarding your recent online shopping activities, contact the retailer right away so they could fix the glitch. Understood?

Your smarts are necessary. Dealing with all these online retailers means reading all their hypnotic, teasing adverts every single time. Choose what you believe in because some of these narratives are definitely just sugar-coated lies aimed at deceiving you, the impulsive buyer. Cyber criminals are great at luring anyone, so be warned. Just stick to verified sites and online shopping portals that have garnered reviews from other consumers.

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Cryptocurrency

Ripple Listing On Coinbase Buy On The Rumour Sell On The News

Willie

I have to admit my time in the Crypto Space the king of rumours has to be Ripple (XRP), it certainly does create a lot of ripples but rarely a splash (pardon the pun). Today we are seeing XRP above $1 and it is 100% because of a rumour that it will be listed on Coinbase very soon. Yet the whole rumour is based on a U.S. TV show CNBC’s “Fast Money” that has not been confirmed. Nor has the rumour been confirmed that Coinbase COO Asiff Hirji and/or CEO Brad Garlinghouse from Ripple are on the show. It has been 100% speculation and no confirmation of where the rumours have even been started. Although this is common in the Crypto Space I do find Ripple riding these waves more than most. But even if this is proven to be yet another speculative rumour the reality is “Buy on the Rumour” and “Dump on the news”. As hearing the rumour early you could or have gained some nice gains. While if it does nose dive once proven to be a bit of fake news you will or should have cashed out early with a tidy profit.

Although you may have guessed I am not a fan of Ripple or XRP (Ripple being the network and company XRP being a currency on it). But this has mainly been down to the fact is it seems to live on rumours and a life of none delivery. At the same time I have made some regular income on such events as we have experienced today all the way back to nearly a year ago. As everyone waits with anticipation to hear that Ripple is now working with banks, delivering its network via Western Union or something else of substance. Yet every time soon far it has been a case of “we are just testing it”, with no follow up of even if these large companies and groups even like the product and have a solid interest. But simply may have been given some testing for free and not taken things further. For me it its why I have concerns with Ripple as people invested in XRP yet it may not even need XRP itself on its own network. Especially if there is functionality for banks and other financial enterprises to generate their own token systems on top of Ripple.

Meaning those behind Ripple would prosper but there is a risk of the investors of XRP being left out in the cold. Even though we are seeing some positive interest out of the South Korean markets I am still unaware of the markets being added back into Coinmarketcap. As this was yet another devaluation issue when they were removed without any warning as it collapsed the price of XRP previously.

Certainly worth watching XRP but I do have a concern on who is benefiting from investment and how long it will be until we see something of value. Coinbase would certainly be a high value target, but yet we will have to wait and see if we are heading for a bull run or a lead balloon.

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Bitcoin

Sell Bitcoin With Zero Fees

Willie

Buying and selling Bitcoin can be expensive if you do it wrong. Coinbase if you exchange through its wallet for example will cost you around 4% in charges. However if you use their exchange GDAX its pretty much free, they are that close that opening your account in Coinbase you don’t even need to create one in GDAX because it’s exactly the same.

What you do have to be careful is on the exchange where it asks for the values because it isn’t talking about the value of your money or Bitcoin but the rounded amount. For example if you were selling 0.5 Bitcoin you may think you need to put the value of half the Bitcoin. In reality its the whole amount as the trading is based on rounded numbers. It may sound confusing which is why I recommend watching the video and anything that doesn’t make sense please feel free to leave a comment and I will walk you through it.

The most interesting thing about putting the money through GDAX instead of using the very simple wallet function is that there doesn’t seem to be anything that flags up that your Coinbase account is used on GDAX. Because I am sure if it had there would be a lot more people transacting directly through the exchange.

As on the exchange you are finding a buyer for either your FIAT currency or your Bitcoin. This means it’s actually a market transaction rather than a wallet transfer which makes a huge difference. As 4% doesn’t sound a lot but it is a lot of money that you didn’t even need to pay. Also once on the GDAX exchange you can transfer between lots of different coins giving you access to not only LTC,ETH,BTC but every other coin on the exchange that you can transact with your FIAT currency.

Main thing is taking your time and make sure you get the first transactions correct. Once you get the hang of how to use the exchange and pushing your funds out of FIAT and into Crypto or back to your bank account you will find it extremely easy and routine. It certainly makes life a lot easier for getting money back and forth between the Crypto Space and the real world.

Another important aspect of this is making sure you setup the banking properly. I use SEPA which takes upto 4 days to transfer money in or out of Crypto but pretty much has zero fees. You will need to provide ID such as a passport and validate an address for security reasons. Also please be aware there could be tax implications long-term if not declared. As obviously it is heading to your bank account on a regular basis and may be questioned as to where it is coming from. I am also aware that Coinbase has been approached by the IRS in the United States wanting access to its accounts for this very reason. However it is one of the main solutions currently being used as a bridge between Crypto and FIAT. There are new options becoming available such as TENX, BonPay and others if remaining anonymous is important. I have my BitPay card arriving next week so will be reviewing it soon.

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