Cash by mail is a great way to buy cryptocurrencies like Bitcoin or Ethereum. If you want to buy Monero because you are concerned with privacy, cash by mail is the way to go. Besides privacy, sending cash in the mail is often offers the best rates for buying cryptocurrencies. That is because cast by mail […]
Bitcoin will be experiencing a hard fork tomorrow. The short explanation of what that means is this. The people who run Bitcoin (BTC) are disagreeing over how it should be run. Some are copying bitcoin with slight changes to make a new altcoin called Bitcoin Cash (BCC). You can read the details here https://www.inverse.com/article/34693-bitcoin-hard-fork-soft-fork-explained-august-1 Anyone […]
Tuesday July 18th, 2017 only! 50% off our normal rates and flat 3% for Cincinnati. We have the opportunity to buy a large amount of bitcoin at a discounted rate. We will pass that savings on to you if you pay in advance. What does that mean? You give us cash between 10am Tuesday Juy […]
Buying Ripple (XRP) is the easy part, you contact us. Ripple wallets require 20 XRP to be activated. You can’t start one with less than 20XRP at this time. Before buying any altcoin you need to make sure you have a wallet set up for that kind of coin. Each different type of cryptocurrency uses a […]
For years bitcoin has been the only practical cryptocurrency. That is quickly changing and we have built a new website to provide the best service and options to our clients. BankBTC is proud to share our new website and you can now buy or sell altcoins in Cincinnati, Cleveland, Columbus, Dayton, Indianapolis, Lexington or Louisville. […]
We have been trading on Paxful since 2015 and are forum volunteers there. We often see people claiming to have been scammed and cheated out of money. Most of the people get scammed because they don’t know what they are doing and don’t take the time to read the wealth of info Paxful provides about how […]
Recently a new trading app was released on Android and iOS called “Waterhole”. We installed Waterhole on 3 devices. A Moto X Pure, Nexus 5 and Nexus 7. Each were running the latest version of Android available to them and fully updated with no rooting. On the Moto X Pure and Nexus 5 we had in […]
Banks often discriminate against bitcoin users. There are many reasons for this. Banks see bitcoin as competition Unclear or contrary regulations regarding bitcoin Potential money laundering Legitimate fraud concerns Regardless of the reason, banks often close accounts that are involved in bitcoin transactions and ban the account holder. They may give a variety of excuses […]
A horrible use of bitcoin has been making news across the USA. Ransomware is a malicious program that allows a criminal hacker to lock or “freeze” the victim’s computer. The victim then has to pay a ransom with bitcoin to have their computer unlocked. Another type of ransomware is called a “cryptolocker”. This malware encrypts files […]
There are lots of opinions about how to store bitcoin for longer term storage. Paper wallets are a good option but can be stolen and easily used by others. Specialized hardware like Trezors can be expensive, rely on other hardware (like a virus infected computer) and may not have established support. We use a simpler […]
