March 17, 2021
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FAQ About Bitcoin

Bitcoin is a cryptocurrency that works on a decentralized public ledger called blockchain. Unlike traditional ledgers, however, blockchain systems are not controlled by any one party and are instead decentralized. Bitcoin announced in 2009, in order to revolutionize financial industry.

Bitcoin created by a person or group of people called Satoshi Nakamoto. The real identity of Satoshi is remained unknown until today.

Bitcoin is a decentralized peer-to-peer network, works on a public ledger called blockchain. It doesn’t control by any government or financial institution. In fact, it works based on algorithms and cryptography technology. Bitcoin network controls by its users around the world.

Although Bitcoin is using widely around the globe, the laws and regulation about it is vary in different regions. Before use Bitcoin as a currency, kindly make sure that it’s legal in your country.

The answer to this question is No. Bitcoin works on a public ledger called blockchain. Blockchain is a transparent network that any user can have access to data and information stored on it. Although, it doesn’t reveal the identity of Bitcoin and wallet owners, you can check the wallet addresses (for both sender and receiver), amount and the time of a transaction.

The answer is No. Bitcoin is a cryptocurrency that is using widely globally as a medium of exchange to pay for goods or services, or as an investment.

You can earn Bitcoin either by mining or buy it from exchanges. You can also buy Bitcoin from other users who has it and is willing to sell it. If you are interested to buy Bitcoin from an exchange, you can use Wallebi website to buy, and use its wallet to store, send or receive any amount of Bitcoins.

The answer is Yes. Bitcoin designed in a way to be limited to 21 million coins. It’s estimated that all of the coins will be mined in 2140.

In order to store your Bitcoins, you need a cryptocurrency wallet. Wallebi provides cryptocurrency wallet services to all users around the world. By using Wallebi wallet you can store, send or receive Bitcoin securely.

You can Buy Bitcoin from Wallebi or any other exchanges, which provide services for cryptocurrencies. You can also buy Bitcoin from its users, who owns it and are willing to sell.

Bitcoin price fluctuates based on supply and demand. Its price does not control by any government or financial institution.

To Mine bitcoin, you need to have mining hardware. You can start mine Bitcoin by the mining hardware and joining to one of mining pools.

Bitcoin created as a decentralized cryptocurrency in order to get used as a medium of exchange and revolutionize financial industry.

Satoshi is the smallest unit of Bitcoin. Each Satoshi is equivalent to 0.00000001 Bitcoin. The name is taken from its creator Satoshi Nakamoto.

There are some kind of websites that pay Bitcoin to their users in return of contributing to do some simple tasks such as watching ads or complete surveys.

Bitcoin can be used as a medium of exchange to buy goods or services in some countries. However, there are people use it as an investment or trade it like other securities and commodities to earn profit.

FAQ About Cryptocurrency

Digital currency is a balance or a record stored in a distributed database on the Internet, in an electronic computer database, within digital files or within a stored-value card.

A cryptocurrency is a digital asset that is used as a medium of exchange. It uses cryptography with the combination of blockchain technology to provide a reliable and secure platform.

Yes. Bitcoin is one of the first cryptocurrencies that announced in 2009.

Cryptocurrencies price is based on demand and supply. It also depends on their use cases.

You can use cryptocurrencies as an investment, medium of exchange to have instantaneous payments. Some people also take the advantage of its price fluctuation to trade and make some profit.

You can buy cryptocurrencies from exchanges, which provide services for cryptocurrencies such as Wallebi. The other way is to buy from the users who owns that cryptocurrency and are willing to sell it.

The answer is No. the cryptocurrencies price is based on supply and demand and no government or financial institution controls its price.

At the time of writing the most reputable cryptocurrencies with best performance are Bitcoin, Ethereum, Ripple and etc.

Bitcoin is the first cryptocurrency.

Although cryptocurrencies are using widely around the globe, the laws and regulation about them is vary in different regions. Countries have different laws and regulations about it.

The answer is Yes. You can change your cryptocurrency coins to any kind of fiat money via cryptocurrency exchanges. You can use Wallebi services to change your cryptocurrency to fiat money. Wallebi accepts MasterCard, visa, PayPal, Skrill, Payoneer and 20 more payment options.

The answer is No. There is a transaction fee for any transaction on the cryptocurrencies network. Cryptocurrency exchanges also apply vary fees for every transaction.

Cryptocurrency is built with blockchain technology. Blockchain technology represents a paradigm shift in the way nearly every industry on earth will conduct business in the very near future. With cryptocurrencies, instant, global value transfer is already a reality. Securities, physical assets, property titles, records, and national currencies are currently being tokenized. Before long, people will interact with blockchain systems and assets in some capacity without even being aware of it. The majority of the world’s most powerful financial institutions including JP Morgan, Goldman Sachs, NASDAQ, and Blackrock have all acknowledged that cryptocurrencies are here to stay and to that end have opened blockchain operations.

Yes, Wallebi wallet allows users to seamlessly buy, sell, exchange, store, and monitor bitcoin, ethereum, ripple, bitcoin cash, litecoin, and countless ERC20 tokens. Wallebi’s digital asset wallet is licensed by the European Union Register of Economic Activities.

Wallebi FAQ

Wallebi is a convenient and secure way to instantly buy and sell Bitcoin, Ethereum, and Tether using popular payment methods like MasterCard, Visa, PayPal, Skrill, and Payoneer. Using the Wallebi wallet, users can also store, and monitor their cryptocurrency assets.

The main office is located in Republic of Estonia.

Wallebi does support all countries except United States of America and Asia. Asian countries could use Wallebi.asia for this purpose.

Yes, the Wallebi wallet allows users to seamlessly buy, sell, store, and monitor Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and many other ERC20 tokens. Wallebi wallet is licensed by the European Union Register of Economic Activities.

Yes, Wallebi’s digital asset enables users to trade Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and countless ERC20 tokens. With Wallebi, trading tokens is fast, simple, and seamless.

Wallebi currently offers Bitcoin, Ethereum, Litecon and Tether, with several additional cryptocurrencies on the way.

Wallebi accepts Visa, Mastercard, PayPal, Payoneer, Skrill, and over 20 other popular payment methods.

No, Currently Wallebi does not support vouchers or perfect money and etc. Wallebi accepts MasterCard, Visa, PayPal, Skrill, Payoneer and 20 other popular payment methods.

Once your payment is verified, Wallebi will send your Bitcoin immediately. Please check your Wallebi wallet after your payment clears.

Wallebi age restriction is from 16 to 75. It means you have to be at least 16 years old and less than 75 years old in order to have an account on Wallebi.

Some distinctive features of Wallebi consist of:

– Providing a Multi-crypto wallet with high level of security and quick transactions.

– Buy and sell cryptocurrencies instantaneously with no limits.

– An EU licensed for both wallet and trade activities.

You can download the Wallebi app by clicking on Android app button on the main page. Wallebi app provides all the services as well as its website.

Search for Wallebi website using Safari and open the page. There should be a task bar at the bottom of the Safari page which shows a box with an upper arrow. Tap on the “share” button. Finally, a new page will appear that you should choose “add to home screen”.

Buy and Sell Cryptocurrencies FAQ

At the first step you need to sign up on Wallebi website. Then, complete your profile, which consists of providing your personal and bank account details. After that wait for the confirmation. Once your account is verified, you can start to buy and sell cryptocurrencies on Wallebi.

Once you signed up on Wallebi website, you need to verify your account. The verification process consists of mobile phone number, your scanned ID from front and back and a selfie includes requirements mentioned in the process. Notice that you need to provide your bank account details too during verification process.

You need to upload a selfie that you are holding your ID and bank card in one hand, and a piece of paper of your signature, Date and Wallebi name written on it on the other hand. Notice that your selfie should be in high quality and you look forward to the camera.

Once you signed up and your account is verified, you can start to buy and sell cryptocurrencies. For this purpose, click on your desired cryptocurrency buy/sell button on dashboard page. Then choose “buy” tab and enter your amount. Your purchase will be transferred to your trade wallet instantaneously. Please consider you have to charge your euro wallet in order to do buy process through top up action on your fiat wallet.

Click on your desired cryptocurrency buy/sell button on dashboard page. Then choose “sell” tab and enter your amount. Your amount will be transferred to your Fiat wallet. You have to request for withdrawal on your Fiat wallet. The final amount will be reflected on your fiat wallet during bank account time on your zone.

Yes. You can use your Visa or MasterCard to buy cryptocurrencies as same as other online purchases. It is only needed to charge your Fiat wallet by these cards.

You can buy Bitcoin, Ethereum, Litecoin and Tether and many other cryptos and tokens.

Yes, Wallebi supports both buying and selling supported digital assets.

The minimum amount to charge your Euro wallet is 25 Euro and the same for withdrawal.

On each coin page, click on receive tab and you can see your wallet address. You can share your address via email or copy it to send to your friends. Please consider that Sending the coin or token other than the corresponded wallet address may result in the loss of your deposit.

On each coin page, click on send tab. Enter receiver address, your desired amount and click on send button. Please consider that you can only send your personal wallet balance to others. So if you have balance in your trade wallet, first you have to move amount to your personal wallet.

User shall carefully verify the particulars of such transaction, including the sum and quantum of cryptocurrency involved, and the recipient. Any errors in any transaction entered into on the Wallebi is irreversible, and User will not be able to retrieve such cryptocurrencies once they are transferred.

For reading referral rules, please see referral page on your panel. Please consider that Wallebi reserves the right to change the terms of the referral program at any time due to changing market conditions, risk of fraud, or any other factors we deem relevant.

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