I hear a lot about BitCoin, so I decided to invest a little in it.
My total budget is $200 for now. :)
[Update] Have you noticed the recent rise in bitcoin prices? You may want to get better education on the subject!
First, I created a wallet at Coinbase, which I plan to use as my main account.
Sign up for a new account.
Wait for my welcome e-mail.
Verify my e-mail address.
Read the legal stuff.
Let's get started to get my free $1 worth of BitCoin!
Register my phone.
Verify my phone with the text they sent me.
Other than having them call or SMS, you can use Google Authenticator or Authy.
Register my bank account.
Amex Bank wasn't in their database, so I wasn't sure if I could use it.
Tada! They gave me a free dollar for opening an account! :)
And I'm all set!
You can send me money via BitCoins now. :)
They charge a 1% exchange fee for USD or EUR, but BitCoin to BitCoin transactions are free of charge.
A few days later, turns out Amex Bank can be used! :)
I going to buy $50 for now at $371.91/BTC.
Confirmation of my order.
Easy peasy. :)
Click on "New Account".
Click on "Vault".
I named this vault "MultiPoolX".
I'm going to appove the withdrawals.
I'll let Coinbase manage my security.
I may set up a wallet locally, if the account grows and I get anxious.
Enter the Secondary Email.
I'm going to use my MultiPoolX address.
Check your e-mail.
Confirm with the link.
And it is all set.
Get bitcoin address for the new account.
This needs to be entered in MultiPoolX.
When MultiPoolX mines Bitcoins directly, it will now be transferred here.
I will also get an e-mail.
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