Bitcoin is a digital currency based on blockchain technology that any central bank or government controls https://bitpapa.com. It was created to replace physical money and be a decentralized payment system. Bitcoin works with public and private keys, alphanumeric strings of numbers and letters that allow someone to spend bitcoins from their bitcoin addresses https://bitpapa.com/nigeria .
What is bitpapa?
BitPaPa is a wallet and financial services company which have been around for a few years now. They started as a currency exchange service with low fees and have also added cryptocurrencies. So, it has become a very good way to buy bitcoin or other altcoins.
It has several altcoins available, and they sell these coins back and forth; this is also a really good way to transfer between them with very low fees. In this way, you can say that it is close to a trading platform but is more of an exchange platform. However, it is really easy to use and very convenient.
How to buy bitcoin using bitpapa?
Before starting to buy Bitcoin at bitpapa you must know that there is a desktop version and an app version. The initial setup for bitpapaing the wallet can be tricky for newcomers. So, you can always start with the initial account setup using the desktop version. It is easy to use and has been around for a long time, so it is a great way for a bigger to buy a little bit of bitcoin or ehterium. Firstly, you will sign up for an account and need to put in your email address.
On your screen display, you will see some cards. In the beginning, you might get a bitcoin card, euro, and US dollar card. Now, if you want to add more cards, you need to select a currency, and you will notice that there are all different types of currencies available, so there is no need to worry if you do not see your country’s currency as the default cards. After selecting a currency, you can give it your name. When you go to the dashboard, you will see that it has already been added.
After this, you need to add your debit or credit card details on the card chosen here, and there will be some fee to be paid by you. The amount will go from your bank to your card. You will be asked to confirm and let you know what exactly you are doing regarding depositing and other things. Your card will only work if it is 3D secured, and it should be linked to your bank account. It links your account not only for purchases but also for withdrawals. To buy bitcoin at bitpapa, you need to transfer over to the bitcoin card and use the funds. There will also be an exchange fee; then, after this, you need to confirm through which you will debit the money.