As investors became millionaires and those millionaires became billionaires all because of this new and innovative way of investing, it’s not surprising that more and more people wanted to plant their flag into investing in Bitcoin. The biggest problem for many people was not knowing where to start or that, once they got started, they had no idea what they were doing. As many people became discouraged and quit after failing, it became clear that there needed to be an easy to use application or software specifically designed to help people invest in Bitcoin and then manage their investments.
Many applications and software competitors rose to the challenge, each of them throwing their hats into the ring to fight for the title of ‘the best cryptocurrency software and user experience.’ Some were effective, and some were not. None of them, however, can hold a candle to Bitcoin Trader.
Bitcoin Trader set foot in the ring and put all its competition to shame. With an incredible, innovative, and easy to use user interface, this unique software established its place as the best way to manage all your cryptocurrency needs.
With Bitcoin Trader, everything you need to confidently buy, use and trade Bitcoin is right at your fingertips. This ingenious software is unlike anything you have ever seen before. On its face, cryptocurrency is a complex and mysterious creature.
Before the advent of applications like Bitcoin Trader, people could spend years studying the patterns of how values could rise and fall. With technology like Bitcoin Trader, anyone can now sit down in the comfort of their own home, invest in cryptocurrency, and experience success. Bitcoin Trader has taken a lot of the guesswork out of investing in cryptocurrency and Bitcoin.
You don’t just have to take our word for it, though. As the home of Bitcoin Trader, it might be easy to see how we could be biased regarding something we take so much pride in. Maybe reading what others have had to say about us can help put you at ease and even make you excited to create an account with us today!
So many people have had a wonderful experience with Bitcoin Trader that we took the liberty of compiling a few of the kind things they have had to say below:
Now that you don’t just have to take our word for how incredible Bitcoin Trader is, why haven’t you signed up already?
Perhaps it is because you still have some questions that need answering. Since we understand that Bitcoin, cryptocurrency, and investing can be a somewhat nebulous area and can be daunting to the first-time user or for the investor with extraordinarily little experience.
If you’re a longtime trader of cryptocurrency, the options for switching the platform you use can also be overwhelming. Here at Bitcoin Trader, we want to be sure that you feel completely at ease before diving into using our software. Here, we have compiled a list of frequently asked questions for you to refer to so that we can hopefully put your mind at ease about who we are and what we can do for you.
To understand what Bitcoin is, it is first important to understand what cryptocurrency is. Cryptocurrency is a digital currency that is encrypted to regulate the creation of those digital units of currency. It is also encrypted to verify transferring funds between one user and another. All of this is done outside the oversight of one central bank or administrator. Bitcoin is a type of this kind of currency. While other such cryptocurrencies exist, Bitcoin was the first on the market.
As a new user, you can get started without understanding all the ins and outs of the technical side of things. Bitcoin Trader can help you learn how to use Bitcoin as you go along. You first create your account and a digital wallet. This generates your first Bitcoin address, which you can then distribute to your friends or other cryptocurrency traders so you can pay them, or they can pay you, whichever event happens to occur first. This concept is remarkably similar to the concept of e-mail, except that the address can only be used once. You can generate as many new addresses as you need as time goes on.
These transactions appear on a shared public ledger called a block chain. This allows the Bitcoin wallets to keep track of the balance that can be spent so that it can be confirmed that new transactions are actually owned by the spender. A transaction on Bitcoin is a transfer between Bitcoin wallets and is included in the block chain.
These wallets keep a private key, or seed, which is basically a signature on the transactions that provides hard evidence that they have come from the actual owner of the wallet. This signature prevents the transaction from being tampered with once it has been sent out. Transactions are usually confirmed within 10 or 20 minutes once they have been broadcast to the network in a process called ‘mining’.
Mining confirms pending transactions by adding them to the block chain. It ensures chronological order within the block chain, makes sure the neutrality of the network is protected, and it lets multiple computers agree on the state of the whole system. If they are to be confirmed, transactions need to be in a block that keeps to strict cryptographic rules that are verified by the network.
These cryptographic rules prevent earlier blocks from being changed because if that happens, that would invalidate all blocks that came after it. Mining also creates a sort of competitive lottery that keeps anyone from adding new blocks to the chain. Because of mining, no one person or organization can control what is included in the block chain or replace part of the block chain to benefit themselves out of turn.
The original Bitcoin software was first introduced to the world in 2008 by Satoshi Nakamoto. Over the last 12 years, it has grown into the trading titan we know it as today.
Bitcoin Trader is compatible across all devices.
There is no subscription fee to use Bitcoin Trader.
Getting started is easier than you might think. First, go to our login page and select the option to create an account and enter the requested information. After that, you add your first investment into your account. After that, you just start trading! It’s that easy! You can then select the option to trade automatically, or you can be more involved with the process and trade manually.
Due to the nature of trading cryptocurrency itself, there is no for sure way to tell how much money you can make with any cryptocurrency software, even software as amazing as ours.
Cryptocurrencies are unpredictable in nature, and their value can go up and down like a rollercoaster. It can do this at the drop of a hat. The only thing that can really be done is to speculate on their value, and this can be risky at best.
None of this information should discourage you from creating an account with Bitcoin Trader and starting your trading journey! While many sites, particularly ours, can significantly reduce the risk of failure, even the best ones are not perfect. Trading is unpredictable, so no amount of math or algorithms can guarantee that your ability to find success in the world of cryptocurrency, but Bitcoin Trader can dramatically reduce the risk of failure and give you the confidence that you are making the best choice with your investments.