Click here to access the newest registration page.
If you register through a sponsor, this field will have text pre-filled. This is a closed group where high earning Bitconnect investors share their ideas, secrets and up to date information. Next click on the box to agree to the terms of use. Finally click on the sign up button. You should see a the message below if you have successfully registered. Try to fill out the form again with a different username. Also according to coinmarketcap. You may need to try a few times before you are successfully registered. You will see this message when you have joined. Check your email inbox for an email from activate bitconnect.
Log into your new account, go to the website bitconnect. After you log in you will be prompted to answer some security questions.
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Bitcoin is used to make safe and secure transactions instantly anywhere in the world. It is not regulated, controlled, insured by any bank, government or Federal Reserve. It is an open network that is managed by its users and investors. This post is catered to the people looking for another way to make some extra money that requires little work. This system is very simple and will show you step by step how to make money with bitcoin.
The name of this incredible offer is called Bitconnect, the way it works is your money is combined with all the other users on the platform to lend to their trading bots software that is used to buy and sell bitcoin automatically each day.
Your payout in dollars is also determined by how much you initially invested. The smaller amount you lend will lead to a smaller payout. Think of Bitconnect as a bank CD certificate of deposit but for bitcoin you are locked into an investment for a certain period of time making a certain percentage interest on your money. After the investment time period has ended you will get your capital investment back as well as your interest gains. Bitconnect tiers of investing. Two things to be cautious about one only invest the money you can afford to lose. I know the deal sounds good but we live in a crazy world so you never really know what could happen.
And the second thing is when you reinvest your money to start earning compound interest the new money you invested acts as its own lending contract. Here are the 10 simple steps to help you make money with bitcoin and earn these crazy profits: You will need a Coinbase account and a Bitconnect account. Coinbase is a cryptocurrency exchange where you will need to buy your bitcoin and then transfer the money to the Bitconnect platform very easy to do.
The first step is to create a Coinbase account. This will be the exchange you use to purchase your bitcoin and then deposit that money which will be the form of bitcoin into your Bitconnect account. When you click my referral Coinbase link it should look like this. Once you create your Coinbase account by filling out your basic information, Coinbase will send you a confirmation email, go to your inbox and click on this link to verify.
Bitconnect Full Tutorial | 4 Easy Steps Start to Finish (BitcoinDudes)
It will bring you to another page on Coinbase for you to enter some more basic information; the first one is which state you live in. Once you select your state and hit next you will have to enter your phone number, you will get a text message with a verification number enter that number into Coinbase. Going forward anytime you sign into Coinbase you will get a text message with a unique number code that you will need to enter each time you log in to your account.
Once all that information is complete the next step would be to connect your online bank account to Coinbase to fund it. This may be alarming to some people but they promise they do not store your bank information it is simply to fund your account. Once that is filled out hit next, this will bring you to the bank account information tab you will need the email and password associated to the bank account that you would like to link up.
Once you hit the next button you will need to pick the account either you checking or savings account and select it. You will need to take 2 pictures one of the front of it and then other of the back of the ID. You can upload the pictures via your smart phone if you are using that to set the account up or you can email yourself and upload the files on your computer. The first option is much easier to set this up, this is just in case you accident close that tab and need to find it again.
Once you entered the correct amount hit continue. The next tab is where you will confirm the wire transfer into Coinbase. Many hardware wallet makers open-source their code, meaning the community can audit it and check for any bugs or weak spots. Ledger is a notable exception: their source code is proprietary. Software wallets - also known as hot wallets - are programs on computers or devices that are connected to the internet. Software wallets are very convenient as they allow you to connect with web-based platforms and apps.
The problem with software wallets, however, is that your private keys are stored on your computer. They are usually encrypted with a password, but a dedicated hacker could make use of a keylogger to steal your password and unlock your wallet. By contrast, your private keys never leave a hardware wallet. Instead, you sign a transaction using this key on the device and this message is then broadcasted.
Some more advanced software wallets such as Electrum allow you to create secure cold storage wallets. These are view-only, meaning you can check your balance but not send any funds. You can also create unsigned transactions on the computer connected to the internet, transfer it over to a secure computer to sign it, then send it back to the first computer to broadcast the transaction. It does mean having a computer that you trust to be at least as secure as a hardware wallet.
For most people, a hardware wallet will achieve the same level of security with much less effort and less possible mistakes along the way. Paper wallets are the ultimate in offline storage. Other physical wallets such as steel wallets and anything that stores a seed phrase in physical form are included in this category. A paper wallet is a print out of your public and private keys, often with a QR code for each which makes for easy scanning. As there is no way to connect a paper wallet to the internet, the only way anyone can get their hands on your Bitcoin is for them to take possession of your actual paper wallet.
When you want to spend the funds on your paper wallet, you can import the private key into a wallet client and transact as you wish. Any wallet whose private key you have copy-pasted or entered into any online machine should be considered compromised.
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Paper wallets are more complicated to set up than other types of wallets, but they are one of the best solutions for long-term cold storage. The cryptocurrency space has seen its fair share of scams. At face value, a Ponzi scheme can look very similar to a legitimate hedge fund. Portfolio managers tout their proprietary investment tactics and attract investors with promises of market-beating returns on investment. This is the first warning sign: never trust anyone who offers you guaranteed returns. For a while, though, a Ponzi scheme can sail along just fine, at least on the surface.
Eventually, this model becomes unsustainable when there is not enough new money to cover payouts to older investors, or when someone smells a rat and starts an investigation. Bitconnect was one of the largest Bitcoin Ponzi schemes. Promoters or educators as they called themselves raked in hundreds of thousands of dollars in commission. Many BitConnect users lost all the money they had invested in the blink of an eye.