The first altcoins launched in 2011, and, by now, there are thousands of them. Early altcoins aimed at improving aspects of Bitcoin such as transaction speeds or energy efficiency. More recent altcoins serve a variety of purposes depending on the goals of the developers.

Since altcoins are such a big part of the market, every crypto investor should understand how they work. Keep reading to learn about what altcoins are used for, their pros and cons, and much more.

What are the types of altcoins?

There are several different types of altcoins, including stablecoins, mining-based coins, staking-based coins, and governance tokens. The type of altcoin depends on how it works and what its purpose is. Here are the main types of cryptocurrencies you’ll find when researching altcoins.

Stablecoins

Stablecoins are cryptocurrencies designed to follow the price of another asset. Most of the biggest stablecoins are pegged to the U.S. dollar and attempt to mimic its value. If the price fluctuates, the issuer of the coin will take steps to correct it.

Because stablecoins are intended to maintain the same value, they’re normally not chosen as a cryptocurrency investment. Instead, people use stablecoins for savings or to send money. It’s also possible to earn interest on stablecoins by lending them out or through certain savings protocols.

Mining-based

This type of cryptocurrency use a process called mining to verify transactions and add more coins to the supply. Miners use devices to solve mathematical equations. Typically, the first miner to solve the equation gets to verify a block of transactions. In return, miners who verify blocks receive crypto rewards.

Since Bitcoin is a mining-based cryptocurrency, mining was the first method used to process crypto transactions. One disadvantage of mining is that it requires significant energy.

Staking-based

These cryptocurrencies use a process called staking to verify transactions and add more coins to the supply. Holders of a staking-based cryptocurrency can choose to stake their coins, meaning they’re pledging those coins to be used for transaction processing. The cryptocurrency’s blockchain protocol chooses a participant to verify a block of transactions. In return, participants receive crypto rewards.

An early altcoin called Peercoin (CRYPTO:PPC) was the first to introduce the concept of staking. Although Peercoin hasn’t become a household name, staking has become popular because it’s more energy-efficient than mining.

Governance

Governance tokens are cryptocurrencies that give holders voting rights to help shape the future of the project. In most cases, these tokens allow you to create and vote on proposals related to the cryptocurrency. This helps make the cryptocurrency a decentralized project since all the holders have a say, and decisions aren’t made by one central authority.

Pros and cons of altcoins

Here are the pros and cons of altcoins:

Altcoins vs. Bitcoin

There are a few things that separate altcoins and Bitcoin:

• Bitcoin is older. It launched in 2009, whereas the first altcoins came out in 2011, and new altcoins are released regularly.
• With the exception of stablecoins, altcoins tend to offer a higher risk and reward as a cryptocurrency investment. Although Bitcoin is volatile, it’s the market leader and has already gained substantial value. Altcoins have more room to grow, but they also have a higher chance of failure.
• Altcoins are more advanced. Since they came out after Bitcoin, they’ve improved on its technology. In terms of transaction speeds and costs, many altcoins are far superior to Bitcoin.

Examples of altcoins

The crypto market includes thousands of altcoins. Here’s an early example and a couple of the top altcoins:

• Namecoin Released in April 2011, Namecoin is the first notable altcoin. It’s similar to Bitcoin since it’s based on Bitcoin’s code and has the same maximum supply of 21 million coins. Namecoin is known for introducing .bit web domains, which offer anonymity and resistance to censorship.
• Ethereum  Released in July 2015, Ethereum was the first cryptocurrency to offer a programmable blockchain for developers to use. It quickly became the second-largest cryptocurrency behind Bitcoin.
• USD Coin Released in September 2018, USD Coin is a stablecoin pegged to the U.S. dollar. It’s under governance by Centre, a consortium that includes Coinbase Global, Inc. 

Should you consider investing in altcoins?

You should consider investing in altcoins if you’re going to make crypto part of your portfolio and you have time to spend researching them. Some altcoins are ambitious projects that offer more use cases than Bitcoin, which is primarily used as a store of value. Since altcoins aren’t as well-known, they could see larger price increases if they catch on.

There are notable downsides to buying altcoins. Because of the sheer number of them, it’s challenging to pick out the best altcoins to invest in. Altcoins present a greater risk, and many of the smaller altcoins are dubious investments or scams.

To sum it up, altcoins are worth checking out for hands-on cryptocurrency investors willing to do their homework. If you’re looking for a lower-risk or less time-intensive investment, cryptocurrency stocks are a better way to go. Remember that taking on too much risk isn’t recommended, so even if you decide to buy altcoins, they should only make up a small part of your portfolio.

The safest way to buy and keep Bitcoin is NOT on an Exchange, but instead on a non custodial wallet. What is that? That is one that no one else has access to, that only you do. An example of this is CoinSafe.

Get your FREE CoinSafe Wallet here

Read more articles HERE

Be Social on Instagram – Facebook

This article and the other articles, posts and pages on this site are for informational purposes only. This is not advice nor financial advice and we strongly encourage everyone to do their own research and make their own choices as to what actions to take.

The post What are Altcoins ? appeared first on CoinSafe.

he largest asset management company in the world, BlackRock, has expressed interest in the cryptocurrency sector by filing an application for a Bitcoin spot exchange-traded fund (ETF). Creating a well-structured ETF that complies with market norms and legal regulations may benefit from BlackRock’s experience managing investment funds and its vast network in the financial sector.

Additionally, by adding Bitcoin among other investment assets, a BlackRock Bitcoin ETF might offer investors an opportunity for diversification. Moreover, it could offer an alternative investment vehicle that competes with the Grayscale Bitcoin Trust and other existing cryptocurrency investment options.

Bitcoin ETF, explained

A Bitcoin ETF is a financial product that allows investors to gain exposure to Bitcoin’s price movements without owning the cryptocurrency directly. Bitcoin ETFs track the performance of Bitcoin as an underlying asset.

Investors that purchase Bitcoin ETFs are, in essence, buying shares or units of the fund that uses Bitcoin as its underlying asset. The value of the ETF is intended to reflect Bitcoin’s performance, giving investors an alternative method to invest in Bitcoin without having to set up and maintain a digital wallet or use cryptocurrency exchanges.

One of its main advantages is that a Bitcoin ETF offers a regulated and well-known investment structure. It allows investors to track changes in the price of Bitcoin within the confines of established financial markets, while also gaining access to the ETFs’ liquidity and transparency.

Because a Bitcoin ETF often holds a basket of Bitcoin rather than a single unit, investing in one can have certain advantages, such as diversification. It also allows daily buying and selling of shares, similar to other publicly-traded securities.

However, it is crucial to remember that the accessibility of Bitcoin ETFs may differ depending on the jurisdiction and legal framework. Before making any investment selections, investors should carefully analyze aspects, including fees, tracking precision and the custodian arrangements of the ETF.

BlackRock’s iShares Bitcoin Trust

BlackRock, the world’s largest fund manager, applied for a spot Bitcoin ETF on June 15, 2023. The application coincided with the United States Securities and Exchange Commission’s (SEC) lawsuits against Coinbase and Binance — two prominent crypto exchanges. The iShares arm of BlackRock is requesting approval for the iShares Bitcoin Trust, a spot Bitcoin ETF.

The ETF intends to use custodian services offered by cryptocurrency exchange Coinbase. BlackRock aims to follow Bitcoin prices using the CME CF Bitcoin Reference Rate, which gathers information from reliable cryptocurrency exchanges around the world, according to the official filing. Kraken’s subsidiary, CF Benchmarks, is in charge of gathering price information. 

In addition to considering its investment potential, it is important to evaluate the position of a spot Bitcoin ETF within the existing offerings in the U.S. market. Grantor trusts, futures-based ETFs and Bitcoin-adjacent equity funds are the three main types of funds available on the Bitcoin ETF market. Introducing a spot Bitcoin ETF — such as the one that BlackRock is proposing — would create a distinct fourth category because it does not fit within the existing options.

How will BlackRock’s Bitcoin ETF work?

Futures-based Bitcoin ETFs, in contrast to spot-based Bitcoin ETFs, aim to track the price of Bitcoin as closely as possible, but with some notable differences in their approach. 

First, futures-based ETFs frequently hold front-month futures contracts that must be rolled over each month, incurring extra expenses. Furthermore, futures contracts have expiration dates, necessitating ongoing management and repositioning by portfolio managers. 

To prevent market manipulation, futures exchanges such as the Chicago Mercantile Exchange (CME) also set position restrictions on futures contracts. When position limits are reached, portfolio managers of futures-based Bitcoin ETFs are obligated to buy longer-dated futures contracts to comply with the restrictions. This ensures that they can continue to manage the fund’s positions within the regulatory framework and avoid concentration risks.

However, these variances affect how Bitcoin’s price is tracked and may cause variations in the spot market. For instance, the contract’s accuracy in tracking the spot market decreases with time until its expiration date.

Compared with current options, BlackRock’s proposed spot Bitcoin ETF is anticipated to provide better price tracking and possibly lower fees. BlackRock’s competitors, such as ProShares Bitcoin Strategy ETF and Grayscale, charge 95 basis points and 2%, respectively. 

For investors in the cryptocurrency market, the launch of BlackRock’s spot Bitcoin ETF is likely to result in several favorable improvements, including more accurate tracking of Bitcoin values and possibly more affordable investment options, which could enhance the overall investor experience.

What does the BlackRock Bitcoin ETF mean for crypto?

The introduction of a BlackRock Bitcoin ETF could have a significant impact on the cryptocurrency sector. Here are a few possible effects:

Increased adoption

BlackRock’s participation in the cryptocurrency industry through an ETF may attract more institutional and retail investors. It could increase the legitimacy of Bitcoin as a form of investment and lure more conventional investors into the market.

Liquidity and price impact

An ETF would give investors a regulated and accessible way to get exposure to Bitcoin without buying and storing the digital currency directly. As demand for the ETF shares would reflect investor sentiment, this may increase Bitcoin market liquidity and affect its price.

Regulatory attention and investor protection

BlackRock’s submission for a Bitcoin ETF draws regulatory attention and emphasizes the significance of clear rules and safety nets for the cryptocurrency sector. The involvement of a well-known financial institution in providing a regulated investment vehicle emphasizes how important it is to have clear frameworks that put investor protection first. 

These innovations have the potential to provide an open, safe environment for investors as they go through regulatory evaluation, which would eventually assist the market’s long-term stability and expansion.

Market risk and volatility

While a Bitcoin ETF would increase market liquidity and mainstream involvement, it might also increase market risk and volatility. A sudden sell-off or sizable institutional investments could impact the price of Bitcoin because ETFs are subject to market swings.

Ripple effect on other cryptocurrencies

The decision by BlackRock has also sparked a general market uptrend in the crypto sector. Positive news and developments from influential companies like BlackRock foster positive sentiment beyond BTC. As a result of investors looking to profit from the market’s rising trend, several cryptocurrencies have experienced price hikes and increased trading volumes.

When will BlackRock’s Bitcoin ETF be approved?

The value of BTC has soared, reaching its highest point in a year, on the expectation that BlackRock would be able to overcome U.S. authorities’ long-standing opposition to Bitcoin spot ETFs. Optimism among cryptocurrency traders has increased due to BlackRock’s filing.

According to Eric Balchunas, a senior ETF analyst for Bloomberg, there is a 50% chance that BlackRock’s spot Bitcoin ETF will be approved. This forecast follows a comment by Elliott Stein, a senior litigation analyst for Bloomberg Intelligence.

Balchunas also asserts that approving an ETF from a respected and established institution like BlackRock may be seen as a positive step for the SEC in maintaining its credibility, in contrast to the ongoing case involving Grayscale. However, given the SEC crackdown on cryptocurrencies, it remains uncertain when or if the BlackRock Bitcoin ETF will be approved.

The safest way to buy and keep Bitcoin is NOT on an Exchange, but instead on a non custodial wallet. What is that? That is one that no one else has access to, that only you do. An example of this is CoinSafe.

Get your FREE CoinSafe Wallet here

Read more articles HERE

Be Social on Instagram – Facebook

This article and the other articles, posts and pages on this site are for informational purposes only. This is not advice nor financial advice and we strongly encourage everyone to do their own research and make their own choices as to what actions to take.

The post What is a Bitcoin ETF ? appeared first on CoinSafe.

Why would the Banks lie?

Well we wouldn’t want to say they are lying, but they certainly are not telling the truth. But why? Well the banks want control of your money.

How much do you know about banking? Ever heard of the BIS, the Bank of International Settlements? Who are the banks, banks?

The most powerful banks and governments in the world make money form using your money and offering you lending, so why would they want you putting your money somewhere they can’t control. Secondarily of course the more they can limit the public choosing it as a financial system the more time they have to buy as much as they can and ultimately have enough of a market share they can have some control.

So should I buy bitcoin?

The answer from those in the know is always a yes… but we would first ask why are you buying? If you’re buying because you think you can turn $10 /£10 into $10,000,000 in two weeks, well I’m afraid it won’t and Bitcoin is not for you. If you’re looking for a long term investment or speculation or a hedge against inflation, then maybe it’s for you.

But hasn’t the price gone down? Yes and no. The most important thing to understand is like any asset, Bitcoin goes up and down but over time, currently goes up. Currently the price is around the $30,000 range and sits just above or below this range. Of course the stock market is down right now too, so what will the price in five years from now when the economy has stabilised? That is the question you need to ask yourself.

Which companies have Bitcoin in 2023?

The world of cryptocurrencies is constantly evolving, and Bitcoin remains at the forefront as the most well-known and valuable digital asset. It’s no surprise that many companies have taken notice and have started holding significant amounts of Bitcoin in their portfolios. In this article, we will take a look at the top 10 bitcoin-holding companies that are currently investing in Bitcoin.

1. MicroStrategy

MicroStrategy, a business intelligence firm, has been one of the most vocal advocates for Bitcoin investment. MicroStrategy owns 132,500 bitcoins as of December 24, 2022. The average purchase price was $30,415 per bitcoin with a total cost of $4.027 billion USD making it the largest publicly traded company to hold the digital asset.

2. Galaxy Digital

Galaxy Digital, a digital asset management firm, holds a significant amount of Bitcoins in its portfolio. The company, founded by former Goldman Sachs partner Mike Novogratz, specializes in cryptocurrency investments and has made several high-profile investments in the space. Galaxy Digital holds a large amount of Bitcoin, as well as other cryptocurrencies, in its portfolio.

3. Square

Square, the payments company founded by Twitter CEO Jack Dorsey, has also made a significant investment in Bitcoin. The company purchased 4,709 Bitcoins in the fourth quarter of 2020 for a total of $50 million. Square’s investment in Bitcoin is part of its larger goal to support financial inclusion and democratize access to financial services.

4. Tesla

Tesla, the electric vehicle and clean energy company, made headlines in February 2021 when it announced that it had purchased $1.5 billion worth of Bitcoin. The company made the investment as part of its efforts to diversify its assets and maximize returns on its cash. Tesla has since then also started accepting Bitcoin as a form of payment for its products.

5. Grayscale Bitcoin Trust

Grayscale Bitcoin Trust is a digital currency investment fund that holds a significant amount of Bitcoin. The trust, which was created in 2013, allows investors to gain exposure to the price movements of Bitcoin without having to hold the underlying asset.

6. Stone Ridge Asset Management

Stone Ridge Asset Management is a digital asset management firm that holds a significant amount of Bitcoin in its portfolio. The company has invested in a variety of digital assets, including Bitcoin, Ethereum, and other cryptocurrencies. Stone Ridge is one of the largest institutional holders of Bitcoin and has a strong track record of delivering solid returns for its investors.

7. Pantera Capital

Pantera Capital is a digital asset investment firm that has made several high-profile investments in the cryptocurrency space. The company holds a significant amount of Bitcoin in its portfolio, as well as other cryptocurrencies and digital assets. Pantera Capital has a strong track record of investing in promising digital assets and has been a leader in the industry for several years.

8. MassMutual

MassMutual, one of the largest life insurance companies in the United States, has made a significant investment in Bitcoin. MassMutual’s investment in Bitcoin is part of its larger effort to diversify its investment portfolio and maximize returns for its policyholders.

9. Guggenheim Partners

Guggenheim Partners, a global investment firm, has also made a significant investment in Bitcoin. The company announced in December 2020 that it had allocated a portion of its investment portfolio to Bitcoin, citing the digital

10. Fidelity Digital Assets

Fidelity Digital Assets is a subsidiary of Fidelity Investments, one of the largest financial services companies in the world. Fidelity Digital Assets offers a range of services for institutions looking to invest in digital assets, including Bitcoin. The company holds a significant amount of Bitcoin in its custody solutions for its clients and has been a leader in the institutional adoption of cryptocurrencies.

In conclusion, these top 10 companies represent a growing trend of corporations and institutions investing in Bitcoin as a way to diversify their portfolios and maximize returns. With the continued growth and maturity of the cryptocurrency market, it is likely that more and more companies will follow in their footsteps in the years to come.

But what is Bitcoin?

What is Bitcoin? You’ve heard about it, you know someone that has i and now it is at the point you feel you can’t ask. So… what is Bitcoin?

Bitcoin is often the term used for all cryptocurrencies but that’s not the case. Bitcoin is one type of crypto but there are thousands of others. Bitcoin is the first decentralized cryptocurrency created. There is no central authority that controls Bitcoin. It uses blockchain technology to create secure digital currency transactions. Instead of trusting a bank that an account has funds available to transfer, Bitcoin makes account information and transaction history public. This allows users to confirm the availability of funds before making a transaction.

Bitcoin

Bitcoin is not tied to any countries’ currency or subject to regulations, which along with the potential for a criminal element to flourish has caused some countries to move to ban it and other cryptocurrencies. This can make international transactions easier with bitcoin. There isn’t even a central server that stores the information. The bitcoin network uses a peer-to-peer network. The ledger that tracks bitcoin transactions is distributed and anyone can obtain a copy.

Anyone can create a bitcoin account or bitcoin address. There is no approval process. Transactions are tied to this bitcoin address. The owner of the bitcoin address is not recorded in the transaction record. The owner is also not required to link real-world information to their account. This makes purchases with bitcoin private.

But bitcoin is not completely anonymous. If public information can link someone to their bitcoin address, then all their transaction can be linked back to them. Similarly, if a transaction can be traced back to an IP address, location information can be linked to a bitcoin address. Therefore, bitcoin is considered pseudonymous because a user’s identity is hidden, but it is not truly anonymous.

Explain Bitcoin

Bitcoin was created in 2008 by Satoshi Nakamoto. It is widely believed that the name Satoshi Nakamoto is a pseudonym, so the true creator or creators are unknown. Nakamoto released a white paper that outlined the structure of Bitcoin and explained the benefits of cryptocurrency.

In the paper, Nakamoto argues that the problem with current banking systems is that they rely on trust. Financial institutions act as a trusted third-party intermediaries to process payments. The flaw of this system is that financial institutions can not make non-reversible transactions. Because the financial institutions act as a trusted intermediaries, they also have to mediate any disputes that arise over a transaction. So, financial institutions can reverse a transaction.

Such a system requires a lot of trust in our financial institutions and is expensive to maintain. It also requires a lot of personal information as that information is used to establish trust. When Bitcoin was created, there was no way to make a digital payment more analogous to a cash transaction without a trusted party facilitating the transaction.

Bitcoin was created to meet this need. Nakamoto explained, “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.”

Payments or Transfers are verified using blockchains. Each transaction links to the next in the chain using a cryptographic hash. The hash is created using information from the transaction record it links to. This means that if any information in the record is changed, the link would no longer be valid. This mechanism protects against fraud.

All the transaction records are public. This allows anyone to verify that a transaction was processed. In fact, all bitcoin addresses are public. This allows anyone to check the balance of an account before a transaction is made. Allowing users to check account balances and verify transaction on their own remove the need for a trusted intermediary to vouch for someone when making a transaction.

To make transactions too “computationally impractical to reverse,” Bitcoin uses Proof-of-Work (PoW). For a transaction to be posted to the ledger, a problem that is difficult to solve but easy to verify must be computed. The problems require substantial processing power and a network of computers race to solve the problem. The first computer to solve the problem adds the transaction to the ledger and receives a small payment.

This system makes the cost of creating fraudulent transactions much more than the possible reward. To reverse a transaction, the attacker would have to not only redo the problem required to post the transaction but also do that work for every subsequently linked record.

By the beginning of 2021, BItcoin had gained popularity and held an interesting spot in finance as not just a transactional medium to pay for things, but as an investment. The high prices of a single bitcoin has rocketed to price many people out of owning even a fractional bitcoin. The volatility of the value makes it riskier than some investors are comfortable with, while its price fluctuations happen independent from the stock market, making it a good way to diversify for others.

The safest way to buy and keep Bitcoin is NOT on an Exchange, but instead on a non custodial wallet. What is that? That is one that no one else has access to, that only you do. An example of this is CoinSafe.

Get your FREE CoinSafe Wallet here

Read more articles HERE

Be Social on Instagram – Facebook

This article and the other articles, posts and pages on this site are for informational purposes only. This is not advice nor financial advice and we strongly encourage everyone to do their own research and make their own choices as to what actions to take.

The post Should I buy Bitcoin ? appeared first on CoinSafe.

Bitcoin is often the term used for all cryptocurrencies but that’s not the case. Bitcoin is one type of crypto but there are thousands of others. Bitcoin is the first decentralized cryptocurrency created. There is no central authority that controls Bitcoin. It uses blockchain technology to create secure digital currency transactions. Instead of trusting a bank that an account has funds available to transfer, Bitcoin makes account information and transaction history public. This allows users to confirm the availability of funds before making a transaction.

Bitcoin

Bitcoin is not tied to any countries’ currency or subject to regulations, which along with the potential for a criminal element to flourish has caused some countries to move to ban it and other cryptocurrencies. This can make international transactions easier with bitcoin. There isn’t even a central server that stores the information. The bitcoin network uses a peer-to-peer network. The ledger that tracks bitcoin transactions is distributed and anyone can obtain a copy.

Anyone can create a bitcoin account or bitcoin address. There is no approval process. Transactions are tied to this bitcoin address. The owner of the bitcoin address is not recorded in the transaction record. The owner is also not required to link real-world information to their account. This makes purchases with bitcoin private.

But bitcoin is not completely anonymous. If public information can link someone to their bitcoin address, then all their transaction can be linked back to them. Similarly, if a transaction can be traced back to an IP address, location information can be linked to a bitcoin address. Therefore, bitcoin is considered pseudonymous because a user’s identity is hidden, but it is not truly anonymous.

Explain Bitcoin

Bitcoin was created in 2008 by Satoshi Nakamoto. It is widely believed that the name Satoshi Nakamoto is a pseudonym, so the true creator or creators are unknown. Nakamoto released a white paper that outlined the structure of Bitcoin and explained the benefits of cryptocurrency.

In the paper, Nakamoto argues that the problem with current banking systems is that they rely on trust. Financial institutions act as a trusted third-party intermediaries to process payments. The flaw of this system is that financial institutions can not make non-reversible transactions. Because the financial institutions act as a trusted intermediaries, they also have to mediate any disputes that arise over a transaction. So, financial institutions can reverse a transaction.

Such a system requires a lot of trust in our financial institutions and is expensive to maintain. It also requires a lot of personal information as that information is used to establish trust. When Bitcoin was created, there was no way to make a digital payment more analogous to a cash transaction without a trusted party facilitating the transaction.

Bitcoin was created to meet this need. Nakamoto explained, “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers.”

Payments or Transfers are verified using blockchains. Each transaction links to the next in the chain using a cryptographic hash. The hash is created using information from the transaction record it links to. This means that if any information in the record is changed, the link would no longer be valid. This mechanism protects against fraud.

All the transaction records are public. This allows anyone to verify that a transaction was processed. In fact, all bitcoin addresses are public. This allows anyone to check the balance of an account before a transaction is made. Allowing users to check account balances and verify transaction on their own remove the need for a trusted intermediary to vouch for someone when making a transaction.

To make transactions too “computationally impractical to reverse,” Bitcoin uses Proof-of-Work (PoW). For a transaction to be posted to the ledger, a problem that is difficult to solve but easy to verify must be computed. The problems require substantial processing power and a network of computers race to solve the problem. The first computer to solve the problem adds the transaction to the ledger and receives a small payment.

This system makes the cost of creating fraudulent transactions much more than the possible reward. To reverse a transaction, the attacker would have to not only redo the problem required to post the transaction but also do that work for every subsequently linked record.

By the beginning of 2021, BItcoin had gained popularity and held an interesting spot in finance as not just a transactional medium to pay for things, but as an investment. The high prices of a single bitcoin has rocketed to price many people out of owning even a fractional bitcoin. The volatility of the value makes it riskier than some investors are comfortable with, while its price fluctuations happen independent from the stock market, making it a good way to diversify for others.

The safest way to buy and keep Bitcoin is NOT on an Exchange, but instead on a non custodial wallet. What is that? That is one that no one else has access to, that only you do. An example of this is CoinSafe.

Get your FREE CoinSafe Wallet here

Read more articles HERE

Be Social on Instagram – Facebook

The post What is Bitcoin ? appeared first on CoinSafe.

Financial Security with CoinSafe Wallet

Financial security is imperative in any situation but with CoinSafe Wallet you’re putting the certainty in your hands. Self custody is a ‘trust less’ environment. What does that mean? It means it takes the requirement for trust out of the equation. You don’t need to trust that the exchange doesn’t go down, or doesn’t use your money. You don’t have to trust that your assets are protected. With CoinSafe Wallet it’s in your hands.

CoinSafe as a company cannot access or see what is in your wallet. We can’t stop a transaction or prevent you from doing anything with your money. It’s all private. It’s all secure.

Everyday Everywhere

With CoinSafe you can set up multiple wallets to ensure you have different wallets of money to use in different ways. Ever been through an airport or border crossing and had the question of how much money you are carrying? With CoinSafe you don’t need to carry your private funds as hard cash or heavy gold cross border, they are always in your pocked as digital code.

Your funds are private. Your funds are safe. Want to carry just a small amount of your crypto on you? You can set up multiple wallets on one device. Want to set up separate wallet accounts? If that makes you feel more comfortable You can set up a Browser Wallet and a Phone based Wallet or if you have more than one phone or a tablet, you can set up wallets across multiple hardware / devices.

Using the CoinSafe Wallet is simple easy and highly intuitive and there’s so much more to CoinSafe

Download the CoinSafe Wallet now.

Talk to us on Social

The post CoinSafe Wallet appeared first on CoinSafe.

Financial Security – is CoinSafe safe?

Financial security is imperative in any situation but with CoinSafe Wallet you’re putting the certainty in your hands. A reasonable question would be is CoinSafe safe? The answer is yes. CoinSafe is a self custody crypto wallet, but what is that? Self custody is a ‘trust less’ environment. What does that mean? It means it takes the requirement for trust out of the equation. You don’t need to trust that the exchange doesn’t go down, or doesn’t use your money. You don’t have to trust that your assets are protected. With CoinSafe Wallet it’s in your hands.

CoinSafe as a company cannot access or see what is in your wallet. We can’t stop a transaction or prevent you from doing anything with your money. It’s all private. It’s all secure.

Everyday Everywhere

With CoinSafe you can set up multiple wallets to ensure you have different wallets of money to use in different ways. Ever been through an airport or border crossing and had the question of how much money you are carrying? With CoinSafe you don’t need to carry your private funds as hard cash or heavy gold cross border, they are always in your pocked as digital code.

Your funds are private. Your funds are safe. Want to carry just a small amount of your crypto on you? You can set up multiple wallets on one device. Want to set up separate wallet accounts? If that makes you feel more comfortable You can set up a Browser Wallet and a Phone based Wallet or if you have more than one phone or a tablet, you can set up wallets across multiple hardware / devices.

Using the CoinSafe Wallet is simple easy and highly intuitive and there’s so much more to CoinSafe

Download the CoinSafe Wallet now.

Talk to us on Social

The post Is CoinSafe Safe? appeared first on CoinSafe.