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- 06-07-2021, 04:01 AM #1Junior Member
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- 23
A transaction is a transfer of value between Bitcoin wallets that gets included in the blockchain. Bitcoin wallets keep a secret piece of data called a private key or seed, which is used to sign transactions, providing mathematical proof that they have come from the owner of the wallet.
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- 07-14-2021, 05:30 AM #2Member
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- London
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- 52
Re: how bitcoin transactions works
Seems like a safe one.
- 07-21-2021, 03:18 AM #3Sr. Member
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- Colorado Denver
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- 156 - liked 2 times
Re: how bitcoin transactions works
Tough one.
Last edited by Aolorard; 07-21-2021 at 03:21 AM.
- 07-31-2021, 04:18 AM #4Phone Addict
- Posts
- 310
Re: how bitcoin transactions works
As far as I know, transactions of any cryptocurrency are basically transfers between two or more crypto wallets. It's pretty simple as long as you don't want to know more about the technical side of cryptocurrency. I don't really care about it, that's why it's enough for me to just use one website and earn money.
- 08-10-2021, 02:28 AM #5
Re: how bitcoin transactions works
Crypto trade bot were created to replace traders. Traders now just have to input the specific market parameters that they want to trade-in.
- 09-05-2021, 04:08 PM #6
Re: how bitcoin transactions works
I really like that now it is possible to bind the card to the phone and pay for purchases from the phone, why then carry a wallet with a bunch of bills of various denominations. I have long been accustomed to using an electronic wallet, read more here AskWallet.io , with which I can limit my budget for a day or a month, it is much easier for me to save money for a purchase or a train, and most importantly, I am not afraid of losing money on the street or be deceived.
- 10-18-2021, 03:21 AM #7Junior Member
- Posts
- 18
Re: how bitcoin transactions works
There's nothing hard about cryptocurrency transactions, to be honest. It's just an exchange of currencies, from digital to digital, digital to fiat, or otherwise. People even make money on such transactions on trading platforms, and I use BitQS site for that. You can try it as well, and I think you won't regret it. Good luck!
- 01-26-2022, 02:20 AM #8
Re: how bitcoin transactions works
I think that is a costly way to buy Bitcoin. As a rule of thumb, buy on an exchange and transfer the BTC to your wallet, never buy within wallets. Check https://guarda.com/ledger/
- 01-26-2022, 02:58 AM #9
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