If you feel uncertain in getting into the Bitcoin world, you shouldn’t. It’s easy and it doesn’t have to cost you anything. In this simple guide, Melis team will explain how to do it step by step. All you need to do to get started is to install a wallet and you can download it here: https://www.melis.io/download.html
Then you can load it with some digital cash. The growing crypto community, always enthusiastic about accepting new members, has done a lot to make sure you can take these first steps at no expense.
To start with Bitcoin you don’t need to be ultra tech savvy but having a basic idea of how cryptocurrency works and why Bitcoin has been a good idea for the world. If you check our previous posts here on Medium, you will understand why Bitcoin is sound money and it is better than fiat money (an example out of many others). Learning how to buy and sell, send and receive, exchange and protect your cryptocurrencies takes little effort.
What you really need to begin your endeavor into discovering financial freedom is a digital wallet. For example, you can download and install Melis wallet free of charge and manage your Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Grostclcoin (GRS) holdings in one wallet. Thanks to its feature-richness is becoming a wallet widely used by individuals and boards.
There are different types of options you can enable and there different types of accounts you can open on Melis. In fact, Melis is also a multi-signature wallet and this infrastructure is very handy for companies board; then there are spending limits, 2FAs, hidden accounts with plausible deniability and many other features. The utility of software wallets can’t be denied and they are always a good choice for newbies. Melis is created for more than one operating system. Moreover, Melis wallet is available as a mobile application for both Android and iOS.
When setting up Melis wallet, it’s important to follow the instructions of the client. During the installation process you’ll be asked to write down a mnemonic seed phrase that will help you to restore access to your funds in case something irreversible or irreparable happens to the device you installed it on initially. Then set up a pin code to authorize any outgoing transactions. Make sure you record and keep that as well.
Once you’ve installed your wallet you’ll have to load it to start transacting in cryptocurrency. And while there are many options to buy some, acquire it on an exchange or purchase it directly from other bitcoin holders, you can also get it for free. It’s today’s news that when buying something on Alibaba or Lolli, people are rewarded with 5% back in Bitcoin of their purchases. Then there is the Bitcoin.com faucet that provides you with some Bitcoin Cash (BCH).
Another opportunity to receive some cryptocurrency is through a friendly gesture. Many in the crypto community are excited about spreading adoption and if you look around you’ll probably find a friend who will be happy to send you some satoshis just to get you started. Roger Ver recently announced on Facebook he is giving away $5 worth of BCH to any of his friends in the social network who provides a bitcoin cash address.
And as crypto commerce continues to grow, you can spend your cryptocurrencies in a variety of other ways. Coinmap lists almost all kind of stores that will let you pay with cryptocurrencies. Spending bitcoin with retailers that do not directly accept cryptocurrency is another option thanks to gift cards you can purchase with BTC, BCH, LTC and GRS.
