If you’ve done any reading on Bitcoin, you’ve likely come across articles about how to protect your cryptocurrency and how to ensure that whatever wallet solution you happen to lose can help keep your Bitcoin safe. There’s a reason for that. Hacks happen. Maybe one of the worst hacks comes with the tragic story of […]
Category: Bitcoin Trade Guides
What is Bitcoin Legacy Address?
To send or receive Bitcoin, one thing is needed – a wallet address. It’s made of anywhere from 26 – 35 alphanumeric characters, and it allows you to transfer Bitcoin from one place to another. Any Bitcoin address can be used to transfer the currency to any other address on the network, no matter what […]
What is the Bitcoin Lightening Network and How Does It Work?
When Bitcoin was initially proposed in a 2008 whitepaper by Satoshi Nakamoto, some of the biggest concerns around the cryptocurrency involved whether it could scale up to the necessary size to provide a real alternative to fiat currency. These days, that’s still an incredibly serious problem for the cryptocurrency as it can process just seven […]
Moving Bitcoin from an Exchange to Your Private Bitcoin Wallet
Can you move Bitcoin from an exchange to a third-party wallet of your choice? Is it expensive? Are only a select few wallets able to do this? These are common questions for people with minimal crypto knowledge. However, all of these questions have very simple answers. Moving crypto from an exchange to a private or […]