The perfect step-by-step guide for making bitcoin payments

Step 1: Download a bitcoin wallet

For sending and receiving bitcoins, there is an application you need to install in your computer or mobile devices known as a Bitcoin Wallet. You are required to have the wallet as it keeps track of your Bitcoin balance, which may be in one or more than one bitcoin addresses. Normally, the wallets also have a feature that will keep a record of your previous Bitcoin cash transactions. Across different platforms, there are various wallets available out there. The features may vary from one wallet to another, but they share the same basic functionality. So, downloading the wallet of your choice, you must have to learn how to choose a Bitcoin wallet.

Step 2: Adding your wallet with Bitcoin or Bitcoin cash

Now you have added some Bitcoin or Bitcoin cash to your wallet as now your own wallet. Make your wallet address ready for Bitcoin or Bitcoin cash and now visit to “buy bitcoin page”, with the help of a credit card you will be able to purchase bitcoins easily here. You can also use your mobile wallet app to buy Bitcoins or Bitcoin cash. Another option is to set up your own account and buy Bitcoins with the help of funds from your bank or credit card in ‘Bitcoin Exchange’. You should never share your private keys with anyone and should keep them private as the name says itself. Your wallet's private key and your other credentials should be backed up for offline storage as it is very crucial. If you didn't back up, then you would end up holding huge loss of your Bitcoins if your device is lost or stolen in which you have installed the wallet.

Step 3: For receiving and sending bitcoins, use your bitcoin wallet

Giving the sender your public address and receiving bitcoins are both at the same level of ease. A few more steps are required in sending bitcoins as the Bitcoin transactions are unchangeable when sending, always pay attention as it is essential. But the process to send Bitcoins is overall easy-:

1. Scan the QR code or copy the receiver’s public bitcoin address
2. Click the ‘send’ feature in your bitcoin wallet and paste your receiver’s address where it is required.
3.  Now, choose a certain amount you want to send.
4. Cross-check the amount and address are correct.
5. Click on the ‘send’ button.

That’s it that are the steps you are required to follow for sending bitcoins or Bitcoin cash. Bitcoin is a versatile currency that is accepted by many websites and thousands of individuals and some famous businesses worldwide.

Some best things to do if you are a new Bitcoin user

You have finally purchased your first Bitcoin. Congratulations! Now you know everything a fully-fledged beginner bitcoin should know about sending and receiving Bitcoins, but nothing is sufficient, there is always to learn more. As long as you hold on to your abilities and the bitcoin properly, the bitcoin is a very beneficial tool for you. All these things can be done through green profit system too. These some best things to acquire for beginner Bitcoins, users-:

• Choose the right bitcoin wallet: Know that the wallet is secure if it is a web wallet then always for HTTPS or HTTP at the beginning of the website. Look for a multisig option in the wallet as it secures your wallet from theft and attacking.
• Choose the right bitcoin exchange: Knowing where the exchange is located is very crucial as laws and regulations can vary from country to country. It is recommended to buy Bitcoin in your home country. You have to make sure that the exchange fees are reasonable and are not in excess compared to the rest of the market. Fees can vary from exchange to exchange. Verify if the exchange is fully transparent with the help of Bitcoin audits.
• Avoiding bitcoin fraud: Never open an unknown mail or click on an unknown link, by doing this you can possibly become a victim of phishing, and if by mistake you click on the link or going to the website you will end up getting malware into your system or lose all your Bitcoins through a fake sale.