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"Bitcoin Code Software" Review, SCAM "Bitcoin Code Software" Application Exposed! This is a "Bitcoin Code Software" sales pitch page, and the real "truth" is in the next post ! Please be aware of the following mantra: 1. "If it is to good to be real, then it is a scam", and 2. do not consider anything, do not get involved that you are not thouroughly familiar ("researched") with.

http://thebitcoincode.com/members/index.php?clickid=4210587202&aff=lzy9000&token=bef2fe5feaae85854ba75612d9d82d0e&ct=bef2fe5feaae85854ba75612d9d82d0e&ot=3d541bfc0d7c81e7eddbbbd711466fbd&offer_id=0&aff_id=0&lang=en

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"Bitcoin Code"Software Review!!!!

https://www.binaryscamalerts.com/bitcoin-code-review-scam-software/

"Bitcoin Code" Software Review, SCAM Bitcoin Code App Exposed!

Posted on  by Patrick Jones

The Bitcoin Code software and trading robot (not to be confused with BTC Robot) by Steve McKay is a deceptive SCAM and we blacklisted this fake Bitcoin Code app in our factual and impartial review and investigation. If you were misled by this band of crooked affiliate marketers and would like to complain, you are definitely not the first. Our complaints hotline received multiple grievances in regards to the Bitcoin Code scheme, and all of them are justified and provide us with as much proof and evidence as needed in order to validate our suspicions. A word of caution, this financial scam has nothing to do with any form of cryptocurrency, least of all Bitcoin. This is a vile plot which is was contrived by unethical online promoters and filthy offshore brokers with the sole intent of defrauding and stealing money from unsuspecting opportunity-seekers. These rip off artists are particularly successful because they are exploiting the recent surge of Bitcoin popularity, and in this context employing a kind of piggyback strategy designed to get you to drop your guard and buy into this Bitcoin cryptocurrency scam. Our staff immediately spotted this get-rich-quick scheme and right away we understood there’s nothing legit or genuine here, besides the intent of the crooks pulling the strings behind the scenes to defraud you and fleece your wallet. Keep reading to see how we exposed these charlatans and why we believe the Bitcoin Code is a dangerous and confirmed financial scam.

Official Website, Login Page, and Members Area: http://thebitcoincode.com/

Proof of SCAM
Below you will see a picture of “Steve McKay”, the “Genius behind the Bitcoin Code“. Right next to it you will see a picture of a “handsome businessman working with a laptop”. It’s very plain to see that McKay is a fictional character which does not exist. His picture, as well as that of “Chris Hadid’s” were both stolen from the internet without consent. Hadid is actually a French Anthrolologiest named Jean Edouard Gresy and when we messaged him about his picture being stolen he called his lawyer about a law suit.

Quick Update: We have recently published a YouTube video in regards to the Bitcoin Code Scam. We believe it is worth watching and listening to as it encapsulates the spirit of our review and also provides additional insights from a more personal perspective. We also published a follow up review. Please make sure to read it and see how the scam works.

Moving along, here we see a fake testimonial by a cheap fiverr actor named hanoi66. In this gig the performer is spewing lies about how he invested $250 and made thousands of dollars in a matter of days.

And here is the last nail in the coffin. When you finish the registration process you are not referred to a legit bitcoin exchange or blockchain mining platform. Instead you are referred to some crappy offshore broker (in our case it was option 888) who will spare no expense at manipulating you into funding a rigged trading account.

Bitcoin Code Software Review
The sales video starts by saying that in the past 90 days 3 people have had their lives change after investing in bitcoin. Then it goes on to say that over $13,837 were cleared into the bank accounts of new Beta Testers during the last  24 hours only. And now it’s your turn to join the Bitcoin Code!

Then we have the infamous banjoman15 lying through his teeth about how much money he made through this software while trading Bitcoin, and now he is on his way to becoming a millionaire for the first time in his life during the next 30 days.

Bitcoin is the “new opportunity on the horizon”, but you will only be able to profit if you are one of the early investors. This is why this offer is for action takes not tire kickers, so you must move quickly before this opportunity passes by and you are left with nothing except a hefty portion of “regret and frustration.”

Who is Steve McKay?
A software developer turned investor turned millionaire-maker. He was NOT featured on Forbes or CNN (we checked it), and the 100 Million Dollar man is a pure invention. According to the story 3 years ago he knew nothing about investing, he was just a developer working for a Wall Street firm. One day his boss asked him to work on a new bitcoin software for rich clients. Turns out his boss tricked him into inventing his personal ATM software (a virtual cash cow). Eventually McKay tried it for himself and since then he never had to worry about money again. Now he is giving it away to 25 new beta testers because it’s his dream to create new millionaires.

Is it Free?
No, and they even say it costs at least $250 so that’s the only fact they didn’t lie about. The rest is full of fabrications and half-truths.

Fake Reviews
We are actually one of the first ones to review the Bitcoin Code, so there is not much out there just yet. But give it a few days and we are sure you will find some “reputable website” which will write a favorable review for a decent bribe in the form of commissions or just a flat fee.

How To Differentiate Between a Legit Bitcoin Exchange and a Scam
When investing in BTC one has to search for a reputable broker or exchange like Bitmex, Cryptopia, or BitFinex. The way Bitcoin investing really works is in many ways similar to Forex. You can either trade the margins and profit based on market price changes, or alternatively purchase Bitcoins for a fee from a licensed brokerage and then sell or hold on to it according to market rates and fluctuations.

The Bitcoin Code is neither of the two, hence it is a SCAM by definition. The way it works has nothing to do with market feeds or advanced trading algorithms. What you have in place are sneaky brokers who are simply adding another fake asset to their offering and are in essence controlling the payout percentage. In other words, they are manipulating the trading software (which is totally rigged) so you would lose your money and they can collect your losses. That is the essence of what Bitcoin Code is about. If you really want to invest in Bitcoin just leave a message below and we will point out a few legit options.

Viral Scams Trending
The hot scams trending these days are Quantum Code (as usual) and Binary Robot 365.

Signals Versus Trading Robots
If you are deliberating and not quite sure then you are definitely not alone. Our staff of diligent researchers has combed the internet in search for the best and most consistent money-producing apps as well as profitable crypto systems. We have shortlisted the few we believe to be worthy in our recommended section, so feel free to check it out.

Review Summary and Conclusions – Confirmed Scam Without a Doubt!
The Bitcoin Code app and automated trading software by Steve McKay is sleazy investment scam designed to bait innocent day traders and trick them into registering with and funding trading accounts under false pretenses. Don’t even think about joining this thieving program, and don’t say we didn’t warn you about it. If you do decide to test the waters and divulge your financial information such as credit card number, you should not be surprised if you are overcharged or alternatively receive an inflated credit card statement with strange charges. The people operating this SCAM are professional con artists specializing in identity theft, credit card fraud, and software manipulation. The second you deposit your account balance will most likely disappear so you can kiss your money goodbye. If for some reason you believe the Bitcoin Code to be legit or genuine, then maybe online trading is not for you and you should probably be doing more research about other ways to make money online. To finalize, once again we have no choice but to blacklist this cheating software and refer our members to more reputable systems. Don’t forget to join our  Facebook Page and YouTube channel for more updates.

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Featured Comment

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    IanM • 4 months ago

    They are total scumbags. I started with them about 4 days ago on the basis of an ad on the Bolt blog, This said that Elon Musk had invested $72 mill into the company and will make financial decisions about the company.So i filled the registration form making sure that I did not tick the "I read terms and conditions", since these were nowhere to be seen. i sent them $US500.00. To my surprise I was now dealing with FTO Capital, which I assumed was a subsidiary.
    The next day I found that the Elon Musk story was a total fabrication. So I found FTO capital's withdrawal form which asked how much i wanted to withdraw. Since there was no way of typing anything into the window I tapped the button next to it and the sum of $1 appeared. From then on each tap added 1 dollar to the display so that I had to tap the button 500x!! I kid you not. I sent it off. 
    The poor buggers who make $13000 would be like the old time Morse code telegraph operators. 
    This triggered a number of phone calls most with very heavy chinese accent, trying to disuade me, play on my greed and every manipulation of a trained salesperson. Then I received an email that I had to supply color photos of ID, identity theft is probably the next thing. I complied,no money as yet. I do not know how these people sleep.

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    IanM • 4 months agoFeatured by Binary Scam Alerts

    They are total scumbags. I started with them about 4 days ago on the basis of an ad on the Bolt blog, This said that Elon Musk had invested $72 mill into the company and will make financial decisions about the company.So i filled the registration form making sure that I did not tick the "I read terms and conditions", since these were nowhere to be seen. i sent them $US500.00. To my surprise I was now dealing with FTO Capital, which I assumed was a subsidiary.
    The next day I found that the Elon Musk story was a total fabrication. So I found FTO capital's withdrawal form which asked how much i wanted to withdraw. Since there was no way of typing anything into the window I tapped the button next to it and the sum of $1 appeared. From then on each tap added 1 dollar to the display so that I had to tap the button 500x!! I kid you not. I sent it off. 
    The poor buggers who make $13000 would be like the old time Morse code telegraph operators. 
    This triggered a number of phone calls most with very heavy chinese accent, trying to disuade me, play on my greed and every manipulation of a trained salesperson. Then I received an email that I had to supply color photos of ID, identity theft is probably the next thing. I complied,no money as yet. I do not know how these people sleep.

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      binaryscamalerts Mod  IanM • 4 months ago

      Hi Ian. You are correct its a total scam. They are using fake news. Very misleading.

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        IanM  binaryscamalerts • 4 months ago

        Is there anything I can do to prevent Identity theft that you know of? I sent them a photo of my driving licence, photo of the credit card I used with some digits covered on the front and number on the back covered,as requested and a phone bill with an address at home. They said this was some regulation before being able to return the money to make sure that I was not laundering money for instance for a terrorist organisation. Clearly just being difficult.

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          binaryscamalerts Mod  IanM • 4 months ago

          Just monitor the credit card statement like a hawk. Make sure they dont over charge you. Identity theft is less frequent.

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            IanM  binaryscamalerts • 4 months ago

            I have actually blocked the card for payments to anybody but the account will still receive payments such as a refund. I sent FTO an email informing them of this. The chap at the bank informed me that they could arrange for FTO and entities linked to them to be blacklisted for credit card trade for fraud. I have not heard of this before.
            Congratulations on your reviews. People like you should be nominated for Prizes and Awards. Cheers

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    Sayar Aung • a month ago

    Please how do I get these crooks off my back? They can't stop calling me

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    Jacqueline • a month ago

    Yes Julie Brandon I have been scamed by FTOCAPITAL invested thousands made thousands but could not get a penny back I am to frightened to give all my passport or bank details to them as they will take my identity or more money out

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      Olyvia Danielsen  Jacqueline • 6 days ago

      Hi, I have been trading with FTO Capital for about 6 month, the first time I asked for withdrawal they asked me to present a valid ID, at first, I was frightened and a friend of mine told me it was okay because they just want to make sure that your fund's are secure and to avoid fraud.

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        binaryscamalerts Mod  Olyvia Danielsen • 5 days ago

        Hi Olivia, This is tricky but technically if you are invested and want to get paid you have to produce official ID and they are right for asking for it. In such cases we usually recommend to send everything to the broker as fast as possible so as to not give them excuses for declining withdrawals. IF you feel you are being cheated and the payouts are not being wired to your bank account then please notify us immediately. We have heard excessive complaints from day traders investing via the BITCOIN CODE SCAM who were refused payouts, however we judge things on a case-by-case basis. TY, PAT

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      binaryscamalerts Mod  Jacqueline • a month ago

      Hi Jacqueline, how much are you owed? Thanks, Pat

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    Julie Brandon • 2 months ago

    Hi 
    Just wondering if you have heard of brokers FM Capital it's in London

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    Leonie Hayward • 2 months ago

    Hi there, I am very, very new to this. I am recieving so many e-mails/phone calls after enquiring about the Bitcoin Code. A few months ago I registered and now I am getting different e-mails stating that I have earned 9,000.00 +10,000.00 in each of these e-mails, saying this money is mine to have!!!! follow the proceedures to withdraw. In replying I am unable to send my e-mails or contact anyone. I am worried to go into Bitcoin code website, (if I can), and am not happy about seemingly be sent to all these brokerage companies who wont stop ringing. I have not put monies into this, and I know this should be a warning, but you will always question something to make life a little better for yourself, especially when it sounds a great way of making monies to get back on your feet, unfortunately. Would like hear your a response from you. Cheers Leonie

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    hartietina9atgmaildotcom • 4 months ago

    I registered with vix500 it all started well, first few withdrawals came through with no delays so I deposited more money. I haven't heard from them and I'm getting worried. I have a lot in this account. At this point im considering my options.

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    DanThePipMan • 5 months ago

    Hi Pat, 
    I had joined this Bitcoin Code program and had someone calling me every day from an unregulated broker named VCTrader for the past week. I invested around $400 and lost everything in about 4 hours give or take, but thats not the worst part. It's my fault for not doing my due diligence, but when I saw my credit card bill I was shocked to see that I was charged for $2,500. When I tried contacting these people they told me in a very threatening way to keep my mouth shut, but I don't like being threatened so I called up my bank manager who also happens to be my friend. We had drinks and these guys are being reported to the local police. The bitcoin code ended up to be a classic bait and switch scheme, and my account manager Jeremy Hill turned out to be a scammer and liar. This is not what I had planned, but it seems the bank will report them to the local government here and they will not be able to accept credit card transactions any more since they will be blacklisted. Im just sorry I saw this after making the mistake of joining the Bitcoin Code, I should have know it was too good to be true but could not resist it. Anyways, I appreciate you taking the time to warn people like me. Thanks, Dan

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      binaryscamalerts Mod  DanThePipMan • 5 months ago

      Hi Dan, you are not the fist and probably not the last to get scammed by the Bitcoin Code. There's no way these crooks will not go unpunished for their crimes, its just a matter of time. Anyways, thanks for letting us know and please PM me and we will try to get your money back. TY Pat

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    Grace J. • 5 months ago

    Has anyone gotten their money back from this?

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      binaryscamalerts Mod  Grace J. • 5 months ago

      Hi Grace,
      The Bitcoin Code is just awful and people are not being able to cash out their money or winnings. We can't overstate how much of a scam this system is Bitcoin Code has been explained by our staff extensively in 2 in-depth reviews and investigations. It is totally blacklisted and that is a fact, please avoid it and never deposit any money.

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    Steve Mathews • 5 months ago

    Wow just how hard is it to find these prople advertising on these other sites?

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    Ed Klosic • 5 months ago

    Those people out there that write fake reviews are just as bad as the people running this scam.

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    Nathan • 5 months ago

    The pictures used for these so called reviews dont look like normal pictures a person would use for their accounts. Must be stock photos?

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    Dylan • 5 months ago

    I think what gets people is that little word guarantee. He guarantees $13,000 is 24 hours. Guarantee is like a promise or you get your money back...but i guess thats not the case here.

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      binaryscamalerts Mod  Dylan • 5 months ago

      Hi Dylan, nothing is guaranteed and this is a bogus Bitcoin offer. These crooks are trying to ride the latest Bitcoin wave of success and in this context bait potential traders. There is a huge difference between a legit bitcoin exchange and bitcoin trading as opposed to what we are seeing here with the Bitcoin Code and Steve McKay. A real BTC exchange will charge you a fee for buying cryptocurrencies, and then you have the option of selling the currency or holding on to it depending on your evaluation of the market. Mining bitcoin is in reality a profession, and there are people who have made millions and retired since then. Satoshi Nakamoto may be real or imaginative, but the amount of Bitcoin Millionaires which have been produced during the past 2-5 years is staggering. We have had a lot of discussions about how to invest in BTC, Bitcoin Mining, BTC price index, AND BTC TO USD spreads and margins. There are a few brokers that offer BTC at reasonable exchange rates, and we keep checking them constantly. So if you want to buy BTC or invest long or short term please message us because we have done all the research and will surely save you all the headache and cut down the learning curve to make sure you get the best margins on your contracts. Just make sure to avoid Bitcoin Code, we know it is an investment scam.

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        Dylan  binaryscamalerts • 5 months ago

        Ive heard of mining bitcoin but have no idea what that means. Do you know? I dont want to get caught by one of these scammers

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          binaryscamalerts Mod  Dylan • 5 months ago

          Hi Dylan,
          Bitcoin mining is the means by which transactions (purchases and sales of the cryptocurrency) are validated and calculated (added or deducted) in the public ledger (AKA block chain). This is also how new bitcoins are released into the market. if you have internet access and some startup money you can start mining. This is the real Bitcoin Code, and it has nothing to do with Steven McKay or the scam brokers introduced here. There are more technical explanations available on sites like github or stackoverflow, but unless you are a programmer it would not make sense.

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    George • 6 months ago

    This is just crazy, using Bitcoin to lure people?! I'm sure a ton of people are falling for this. If I understand Bitcoin I know I would have fallen for it to!

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      binaryscamalerts Mod  George • 6 months ago

      Hi George, Bitcoin Code is a fraudulent piece of trading software. The so-called CEO of the Bitcoin Code App claims he has made about $100 million dollars using his software. If you believe this then you will most likely be suckered into investment scams, and Bitcoin Code is a cheap one. We are familiar with these dubious crooks and know exactly who they are and how much money they have stolen in the past. Bitcoin Code is just the latest in a string of financial scams designed to bait, victimize, and lure innocent opportunity-seekers into a web of lies and deception in order to fleece their wallets. Again, making money on the Bitcoin cryptocurrency is possible, but this hoax is nothing but a dirty ploy masterminded by cyber-criminals. We urge you to refrain from buying into this bogus app and move on to other more genuine trading software.

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        romel  binaryscamalerts • 4 months ago

        Yesterday I just did create and funded my account in bitcoin code, I'm not expecting what happens next, my account is continuously deducting even if I didn't do any trading yet, I try to speak with their broker partner and they are just saying that is part of the trading activity, but upon checking my bitcoin code account, it show's that I didn't do any trading yet. now I realize that I've been scammed. too bad for me

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    Nikita • 5 months ago

    I have to admit, the site looked legit to me and my gaurantees didnt come through ☹

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      binaryscamalerts Mod  Nikita • 5 months ago

      Hi Nikita,
      Of course it looked legitimate, they are exploiting the latest Bitcoin craze. People are confusing the real Bitcoin success stories with this piece of crap and that is why they are successful at baiting potential opportunity seekers.

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How to buy Litecoin with Paypal, a Credit Card or a Bank Transfer By Ofir Beigel

 

38 Comments Last updated on December 26th, 2017 at 03:52 pm Note: If you’re looking to buy Dash for trading purposes only you may want to check out  Plus500 Litecoin CFD trading. Keep in mind that when trading CFDs your capital is at risk. What is Litecoin in a nutshell? Litecoin was created by Charles Lee, a former employee of Google. It has taken the general idea behind Bitcoin, but changed a few key component: The block time, is 2.5 minutes versus 10 minutes for Bitcoin. The mining algorithm which blocks the use of powerful ASIC miners like you have in Bitcoin. The total number of Litecoins available is 84 million as opposed to Bitcoin’s 21 million. How to buy Litecoin? (PayPal, credit card, bank transfer) Litecoin, Bitcoin’s younger brother has recently taken off to new heights. Since Litecoin reached its all time high on December 2013 of $38 it then plummeted and kept a steady exchange rate of around $3 for the last 3.5 years. However recently Litecoin started booming again, many people say this is due to the fact the currency has adopted the Segwit soft fork implementations. Today Litecoin is trading over over $40 on most major exchanges. In this post I will cover how you can buy Litecoins using a credit card, your Paypal account or wire transfers. Keep in mind that using the first two methods will probably cost more than using the wire transfer. This is due to the fact that if you buy Litecoin with Paypal or a credit card the seller takes the risk of your requesting a chargeback on your transaction.   Step 1 – Get a Litecoin wallet Before you buy your Litecoins you should first get a wallet to store them on. Between some of the  most popular wallets today for Litecoin are Coinbase, Exodus and Jaxx. If you’re looking for better security for your Litecoins you can use hardware wallets like TREZOR or Ledger to store them as well. Step 2 – Find a Litecoin exchange One of the main issues it’s currently hard to buy actual Litecoins is because most exchanges trade it only for Bitcoins (and not for USD or EUR). Therefor one option you have is to buy Bitcoins and then exchange them to Litecoins on exchanges like Polonix, BTC-e or Shapeshift. However, there are some exchanges that allow you to buy Litecoins directly. eToro – Platforms like eToro don’t give you actual access to your coins and you can’t send coins from eToro to other people. The only thing that can be done with the platform is to buy and sell Litecoin for fiat currency (i.e. Dollars, Euros, etc.). Meaning this platform is good if you only want to speculate on the price. This method is only valid if you live outside of the US. Coinbase – Allows you to buy up to $500 worth of Litecoins using your credit card. Higher limits can be achieved once you verify your identity. Coinbase accepts buyers from 33 countries around the world and the fees on the exchange are relatively low (mainly for ACH transfers inside the US). Bitpanda – Allows you to buy Litecoin using your credit card, Skrill account, SEPA transfer or SOFORT transfer. Buying on Bitpanda requires verification and buying limits are relatively low (600 euros). Bitstamp – One of the oldest cryptocurrency exchange out there. Bitstamp allows you to buy Litecoin through a wire transfer of USD or EUR. You can also exchange your Bitcoins to Litecoins as well. Step 3 – Buy Litecoins and withdraw them to your wallet Once you decide on an exchange, open an account and buy the Litecoins. Make sure to withdraw the Litecoins from the exchange to your personal wallet. Never leave coins in an exchange as you risk losing them if the exchange gets hacked or shuts down. Can I buy Litecoins with Paypal? If you’re looking to buy Litecoins with Paypal there is no direct option. You’ll need to buy Bitcoins with Paypal through Virwox or other options (as shown below) and then exchange them to Litecoins on an exchange like changelly. Important update! VirWox is delaying new user transactions for up to 48 hours. This means that it can take you 2 days to complete this process. This is still way faster than using a wire transfer but keep in mind that this will probably not be instant (although in some cases it is relatively faster). If you find yourself getting stuck at any point don’t hesitate to contact me through the contact form on the site. A few things to keep in mind before we begin. The first is that it’s really hard to buy Bitcoin with Paypal  because of the risk it poses to the seller. It’s still possible but now we come to the second point. Since we can’t buy Bitcoin with Paypal directly, we will buy it using a workaround. This workaround causes the transaction fees to be higher. I find this process still worth the cost because of the extreme volatility of Bitcoin. Also the minimum amount to buy in this process is 0.002BTC, so don’t use this process if you want to buy less than that. Open an account in VirWox The first thing you’ll need to do is to go to VirWox (Virtual World Exchange) and open a new account – look for the “Not registered yet” link as shown in the image below: Now just fill in your personal details. Where it asks you about your avatar name just leave it at “no avatar” and click “Register. Once this step is done you’ll be sent an email with your password. IMPORTANT – Don’t forget to change your password In the email from VirWox you will receive a password. Log into VirWox with that password. I strongly recommend you change it once inside since you will be transferring money through this account. You can do this under “change settings” as shown here: Fund your account through Paypal  Now go to “Deposit” and choose the “Paypal express” method. Enter the amount of USD/EUR you want to deposit and click the Paypal checkout button. Note that if your account is new you will have a max limit on how much you can deposit. In time this limit will be removed and you will be able to deposit more and more. Once the account is funded it’s time to buy some SLL (Second Life Lindens) and exchange them into Bitcoins. Start off by buying SLL in the SLL/USD exchange  as shown here: After you see the SLL in your account (top left) you will now need to exchange them to Bitcoins. Go to the SLL/BTC exchange and exchange you Lindens to Bitcoins: Withdraw you Bitcoin Go back to VirWox and transfer your funds into this Bitcoin address: Now you can use Changelly or Shapeshift to exchange your Bitcoins to Litecoins.

Read more: 3 Simple Steps to Buying Litecoin - A Beginner's Guide (2017 Updated) | 99Bitcoins

 

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Day 1 - What is Bitcoin?

What is Bitcoin and why is it so revolutionary? In this lesson we will cover the basics of Bitcoin, also known as "the Internet of money". We will understand how and why Bitcoin was created, what makes it so unique and how it developed in the past few years.

Day 2 - What is a Bitcoin wallet?

Now that you know what Bitcoin is it's time to choose your Bitcoin wallet. In this lesson we will go over the different types of wallets out there, pros and cons, and understand how to decide which wallet is best.

Day 3 - What is Bitcoin Mining?

Did you know you can generate Bitcoins by using a special computer? This lesson is all about Bitcoin mining - the way Bitcoin are "born". We will explain what mining is, how to become a miner and what you should take into account before taking your first steps.

Day 4 - The path from "send" to "receive"

Now that you've got the Bitcoin basics covered it's time for a short recap. In this lesson we will go over the path of a single Bitcoin from the moment it is sent until it's received on the other side. Once you complete this short lesson you'll understand exactly how Bitcoin works.

Day 5 - How to Buy Bitcoins?

It's time to buy your first Bitcoins! In this lesson we will go over EVERYTHING you need to take into account before purchasing your Bitcoins. How to choose an exchange, what payment methods will give you the best rates and more are all covered here.

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Day 7 - What are Altcoins and ICOs?

You're now a Bitcoin expert, but Bitcoin isn't the only cryptocurrency out there. This lesson will explain what are altcoins (alternative coins to Bitcoin). We will also cover the very hot topic of ICO investments and give you some pointers if you want to get started.

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https://99bitcoins.com/who-support-bitcoin-cash-the-complete-list/

Who supports Bitcoin Cash (the complete list) By Steven Hay

Last updated on September 21st, 2017 at 11:21 am On Tuesday, August 1st at 4 AM (UTC),

what many are describing as an altcoin will fork off from the main Bitcoin network. August 1st is also the scheduled activation of BIP 148, also known as the User Activated Soft Fork (UASF).

The new, forking coin, Bitcoin Cash, will launch as a so-called User Activated Hard Fork (UAHF) – in reality; a Miner Activated Hard Fork. All Bitcoin (BTC) holders will receive an amount in Bitcoin cash equivalent their Bitcoin holdings. Note: If you find yourself confused by all this “fork talk,” check out this article on the subject or Andreas Antonopolous’ excellent “Forkology” presentation). A Brief Guide to Bitcoin Cash Major Chinese ASIC manufacturer and mining pool operator, Bitmain, planned and coded a response to the possibility of a UASF-induced fork. This code, originally termed Bitcoin ABC and now known as Bitcoin Cash (ticker symbol BCC or BCH), will fork to a version of Bitcoin without SegWit but with an 8x larger blocksize. Currently, Bitcoin Cash is estimated to have the support of just 0.26% of total Bitcoin mining hashrate and its price on the ViaBTC futures market is approximately 12% of Bitcoin’s. How these figures will develop after the fork occurs is a highly speculative matter. Daily chart of Bitcoin Cash futures price on ViaBTC; currently the only available market. The present exchange rate of CNY to USD is 0.14. The consensus appears to be that Bitcoin Cash will fail to gain meaningful traction. Without massive financial support, BCH will likely trade in a 3 (or even 2) digit range shortly after launch, as Bitcoin holders will sell it in masses for Bitcoin or fiat. How Exchanges will Manage the Bitcoin Cash Fork If your bitcoins are safely held in your personal Bitcoin wallet, your BTC balance will be credited and matched on the BCH chain. Splitting the coins then becomes your responsibility, should you wish to trade one side or the other. Make sure to do your research thoroughly before attempting to split your coins; it’s a fairly complex and technical process. After the fork occurs, monitor the Bitcoin Cash price so judge the potential gain against the possible risk, plus the time and effort required. Warning: Beware of services offering to split your coins for you! Unless verified as part of a trusted exchange, wallet or similar Bitcoin company, such offers could well be coin-stealing scams! If your bitcoins are stored on an exchange (which is not recommended for security reasons), the relevant custodian will decide the fate of your BCH. In several cases, you won’t receive any BCH. The following table lays out the stated positions of Bitcoin exchanges and wallets regarding this matter: How Wallets will Manage the Bitcoin Cash Fork Provided your bitcoins are safely held in a personal wallet, you can’t lose your cashcoins. However, there is a slight possibility that malicious miners might steal your cashcoins when you make bitcoin transactions. To avoid this risk, you may wish to split the coins into specific Bitcoin and Bitcoin Cash wallets. Certain wallets will or have released specific updates, services and tutorials for splitting your coins. If your wallet does not support such a feature, you may consider temporarily or permanently moving your coins to a supporting wallet. As always, exercise great care when moving significant values. As Bitcoin Cash wallets require access to your Bitcoin wallet’s private key and password in order to claim cashcoins, you should exercise extreme caution when downloading any Cash wallet. It would be far safer to move your bitcoins to a new wallet with a new privkey and password after the fork occurs. Only once your bitcoins are in a new wallet should you enter your privkey / password into any Bitcoin Cash wallet. This avoids the risk of privkey / password leaks via potential malware. Bitcoin Core (aka Bitcoin QT) Warning: installing Cash on the same machine as Core is dangerous. Using default installation options, Cash will overwrite and corrupt Bitcoin Core data – potentially wiping your real bitcoin balance! Learn about the Bitcoin data directory and back it up – especially of your wallet.dat file! – before installing Cash. Bitcoin Core will not support Bitcoin Cash in any way. Electrum While the latest version of Electrum, 2.9, is capable of distinguishing between competing chains, Electrum does not officially support Bitcoin Cash. Indeed, they consider the “Electrum Cash” fork of their software to be a trademark infringement. Exodus The combined wallet and exchange service, Exodus, will not support Bitcoin Cash, either through splitting or providing a market. Trezor The popular Trezor hardware wallet will support Bitcoin Cash. Trezor’s web interface will feature a tool for safely splitting your coins. Consult Trezor’s official statement for further information Ledger The popular Ledger hardware wallet will also support Bitcoin Cash. Their Chrome wallet interface will also feature a split utility and a selector for both chains. Consult their official statement for details. Jaxx Since Jaxx users are always in control of their private keys, corresponding Bitcoin Cash (BCH) will be safe in your Jaxx wallet. However, please know that you will not be able to access/send/receive your Bitcoin Cash (BCH) until the integration takes place. Blockchain.info If you have a Blockchain wallet, it is essential that you retain your wallet and corresponding recovery phrase and not delete them, even if you empty the BTC balance. Also if you are considering withdrawing funds from exchanges that will not support BCC, it is safe to withdraw to your Blockchain wallet. In the event of two separate blockchains after August 1, 2017 Blockchain.info will support the longest chain. As of today, Blockahin.info has no immediate plans to fully support the Bitcoin Cash fork within our main product. But, if BCC develops into an actual chain and market, you will be able to use your recovery phrase to export your funds and use them on that chain, regardless of whether or not Blockchain chooses to support it. Keepkey KeepKey plans to support all forks of bitcoin as unique currencies and will allow you to swap between them with ShapeShift. Copay Copay has no immediate plans to support BCC. Since these apps are true bitcoin wallets, users hold the private keys and have full, exclusive access to their funds. While users will not be able to observe a BCC balance or create BCC transactions at this time, it is possible to access BCC at a later date with additional software. BTC.com If the fork is successful you will automatically have the equivalent amount of BCC as the amount of BTC stored in your BTC.com wallet. When in doubt visit BitcoinCash.org to see if your exchange or wallet is supported. Have additional info to share? Feel free to leave it in the comment section below.

Read more: Who supports Bitcoin Cash (the complete list) | 99Bitcoins

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