Review on Binance by HERNA Herna

Name: Binance
Item: Binance
Rating: 4

June 17, 2019

The way to choose a safe Bitcoin (BTC) wallet is to visit the website. This…

The way to choose a safe Bitcoin (BTC) wallet is to visit the website.  This website will provide recommendations for Bitcoin wallets that are safe for you.
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 You can choose a Bitcoin wallet based on how to access it, it can be via desktop software, mobile app, hardware, or the web.
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 Keep the pass phrase safe, create two factor authentication (2FA) to increase security levels, and also a PIN to facilitate access to your wallet.
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 The Bitcoin address and can be shared with your friends for you to receive BTC transfers.
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Pros

We believe most of the loyal readers of this website must have heard about bitcoin, bitcoin is an online currency that has become a world financial and investment phenomenon in recent months. Bitcoin has been heavily discussed by various media because its rising value in 2013 rose from $ 13 per 1 BTC (code of bitcoin) and closed at $ 800 per 1 BTC at the end of the year, the price even reached the level of $ 1,200 at the beginning of last December. we will try to explain what bitcoin is, what its use is, why the price can rise to almost 10000% in 1 year and how the prospect will be in the future. WHAT IS BITCOIN ?! This question is the first that will surely arise for those of you who have not had time to explore bitcoin. To understand what bitcoin is, you can watch videos made by the official Bitcoin site. If you don't understand it yet, try watching it 1-2 times again, we ourselves have to watch it repeatedly to understand what bitcoin really is. If it is concluded simply, bitcoin is a digital currency that can be used in online transactions, which has several 'advantages' over conventional currencies, including not regulated by the central bank, the process of sending from one account to another does not need to go through the bank, no need reported to any party, and does not need to pay taxes, because the circulation has not been regulated by the government in any country. Bitcoin can make it easier for us to transact online without being exposed to various fees and taxes like what is happening now. I don't know your opinion, but the first impression I see of these advantages, I immediately predict that bitcoin is a very promising means of money laundering. But as we see in the video above Bitcoin it also turns out that it can be used to make purchases from electronic goods to food, so that 'as if' is not much different from ordinary money. SOME THINGS WE NEED TO UNDERSTAND ABOUT BITCOIN

Cons

Recognized or not, Bitcoin fever is sweeping the world. Cryptocurrency that is decentralized and not regulated or guaranteed by the central authority is busy being used for transactions in various countries, including Indonesia. Although it has a number of advantages over "conventional" currencies, Bitcoin is not without risk. There are several threats that lurk the users of this virtual money. One of them is related to the issue of Bitcoin storage. To be able to spend Bitcoin, the owner needs a special line of code called "private key". This line of code is stored in the "wallet" or digital wallet. When it will be used, then the owner accesses the code and uses it for transactions.