Different methods explaining how to add money to bitcoin wallet

Different methods explaining how to add money to bitcoin wallet

The topic of bitcoin is constantly growing, as well as a question which explains how to deposit money to bitcoin wallet. Users of the virtual currency are already familiar with the electronic currency Bitcoin. Someone tries to mine it to earn good money, using special equipment for production, for example ASICs. They are powerful devices that provide a good hashrate. And someone uses Bitcoins as ordinary money: pays for purchases, makes some types of transactions and exchanges for other currencies.

Table of content

  • Replenishment of the Bitcoin-wallet through Yandex.Money
  • How to replenish Bitcoin-wallet through the terminal?
  • What are other ways of replenishing a Bitcoin wallet?
  • Conclusion

Replenishment of the Bitcoin-wallet through Yandex.Money

To date, people are more confident in Bitcoin as a cryptocurrency. To use it at your own discretion, you need to be able to credit funds to a virtual purse. For such purposes, there are several options for replenishing of a wallet. At the same time, there is a lack of a single way to replenish the wallet directly. A user needs to find intermediaries, whose services are quite expensive.

Online exchange services (exchangers) were created to replenish wallets with virtual money, converting them into fiduciary money. Thanks to them, you can replenish your Bitcoin wallet with the use of different virtual resources, for example, through Yandex.Money, but you will not be able to avoid additional payment for their services. To win in this situation, you can contact the services of monitoring of exchangers.

For example, the popular and reliable exchange “online” is BestChange.ru service. Having opened this site, you need to decide on the direction of exchange. To do this, select “Yandex.Money” in the “Send” column in the left-hand menu, and in the “Get” column specify Bitcoin. A list of reliable exchangers generates automatically with the most profitable transaction rate. Below, the reader will learn how to replenish the Bitcoin purse from a bank card.

Detailed instruction

As for the replenishment of the digital wallet through Yandex.Money, the exchangers will be located in descending order, from the preferred one to the most unprofitable offer. The client must decide on the choice and click on the link of the relevant exchange. A new window will open. An online calculator is displayed. It will calculate the amount that the exchange participant will receive.

However, for this you need to specify the amount that you wish to exchange for Bitcoins. In the appropriate fields, it is necessary to fill reliable information such as a name, e-mail, Skype or ICQ, a mobile phone number. Next, the system will ask you to register the client automatically. Registration is required by any exchanger. After that, you need to click the “Exchange”button.

Automatic generation of an exchange request is a very fast procedure, during which each transaction is assigned a number (identifier). The exchanger warns that it is necessary to pay the application within 7 minutes by clicking the “Pay” button. In the window that opens, you need to specify the name of the Yandex.Money wallet and click the link for the payment. You must enter the virtual wallet number and password to it. And also the number (captcha) from the image, which is a protection from bots. Next, click the “View Payment” button, and then “Confirm Payment”. These simple manipulations complete the formation of payment to the account. When the operation continues, a message appears indicating that the exchange was successful. To verify this, you need to enter the Bitcoin electronic purse and check the availability of receipts.

How to replenish Bitcoin-wallet through the terminal?

How to deposit money into bitcoin wallet through the terminal? This question is in demand too. The presence of a minimum quality of information, which can be found in the search engines for this query, is misleading about the impossibility of replenishing the wallet in this way.

In some countries (for example Ukraine or Czech Republic) they installed specialized iBox terminals, which produce anonymous operations and do not contradict the laws of this country. Developers are enthusiasts, economists, bankers, who teamed up and founded a company called BTCU.biz. Now the question of how to replenish the Bitcoin purse with cash is removed from the agenda.

It is important to note that a client needs to look at the rate of the cryptocurrency in relation to the one he wants to exchange. Bitcoins are credited exactly at the current exchange rate at the time of the exchange.

Detailed instruction

In order to replenish your digital wallet by means of a terminal, you must:

  1. Find the iBox terminal.
  2. Click on the link with the name of the site bctu.biz.
  3. Enter the mobile phone number.
  4. Deposit cash, while taking into account the commission fee, when making currency conversion. However, this is not all. Do not forget about the commission of terminal itself , which is 1% of the amount paid.
  5. Save the printed receipt.
  6. Open the above site, go to the “Purchase” menu, and then make a choice in favor of cash through the terminal.
  7. View the activation code in the terminal receipt, specify it in a special window.
  8. Click the payment button.
  9. Check the entered data, especially the compliance of the amount credited and the amount paid in cash.
  10. After that, click on the arrow at the bottom of the form to select the method for receiving electronic money.

As you can see, the process of replenishment with the help of a terminal is slightly different from how to put money in your bitcoin wallet through Yandex.Money. However, both options are not complex and can be performed within 5 minutes.

What are other ways of replenishing a Bitcoin wallet?

There are several options for replenishing the digital wallet in addition to how to replenish the Bitcoin-wallet through Yandex.Money. Quite often themes are created with proposals for the sale of Bitcoins for a particular currency at thematic forums. For example, a topic participant asks you to exchange your Bitcoins for Webmoney rubles or other currency. This exchange can be called quite profitable, it works without extra commissions. The only downside is the lack of translation guarantees. The user commits the transaction at his own risk. It is much better to try to buy a cryptocurrency from friends or acquaintances.

Exchanges

In addition, you can also earn some money on the Internet and exchange it for Bitcoin in specialized foreign exchanges (for example, Bitstamp.net, Btc-e.com, Goc.io, Exmo.com) . This method is completely safe and also one of the cheapest one. In the case where the exchange participant cherishes every dollar and the budget does not allow to overpay commissions, then such exchanges are exactly what he needs. The essence of the exchange is a currency transaction between the participants of the exchange. The percentage for the service is very small, however, the operation will take a longer time.

By the way, it is not necessary to buy a whole Bitcoin, you can buy its part. At the current rate of 1 Bitcoin is approximately 10 thousand dollars. Mining is another way to replenish the amount of Bitcoin. There different ways of this process for today, for example, a solo mining or a pool minings. The last one is the most popular among users, because it gives an opportunity to save miner’s money. The funds in the account can be used to purchase some kind of goods or services.

There are online stores that accept cryptocurrency as payment for goods. That's why the number of Bitcoin wallets holders increase every day, despite the fact that they have no idea how to replenish Bitcoin-wallet through the terminal in Russia or other countries of the former USSR. The absence of such a method does not mean the impossibility of using cryptocurrency. Bitcoin is attractive and special for new customers because of its level of security. The resource uses cryptographic methods of protection.

Conclusion

Having become acquainted with possible ways of how to top-up your Bitcoin account, we can conclude that the global cryptocurrency is gaining momentum. It becomes so large-scale that money withdrawal methods and replenishment of the electronic wallet account are constantly being created and improved. It does not matter whether the user is guided by information on how to add money to bitcoin wallet in cash or in some other already familiar way, he can be sure that there will be the best option for replenishing his own digital purse, which will suit the most demanding participant of the system.



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