Tips how to manage BINANCE - one of the largest cryptocurencies exchangers

Binance is one of the world's most popular crypto currencies exchangers. Although this company is new enough, it has already managed to capture a huge market share in the world of cryptocurrencies because of its low fees and the huge choice of crypto coins.

In this review, I will try to provide the basic information that every person interested in cryptocurrencies must know. You will find information about the platform itself, its operation, which coins it accepts, fees, security and the Binance customer service department.

How do You get started with BINANCE?

To start using the services offered by BINANCE, you must first create an account. The account creation process is especially easy, you only need to add your email and password, confirm email received. First-level accounts do not require any document approval (first-level accounts can take up to 2 Bitcoins per day). To raise your account level up to the second (limit - 100 Bitcoins per day), you will need to submit your photo ID or passport and wait for it to be approved. If you want to withdraw more than 100 BTCs per day, you will need to contact support and request a raise limit.

After completing the form and/or verifying it, users can add to their BINANCE account. Although you can do this with a lot of cryptocurrencies support, I recommend using Ethereum or Bitcoin for supplements.

To add coins, you must click Funds and then the "Deposits Withdrawals" buttons (located on the right, at the top of the page) and select the currency you want to add to your account. Click on the 'DEPOSIT' button in the currency to expand an additional field in which you will see your unique wallet address. You can send the selected currency to this address (for example, if you choose Ethereum, send Ethereum, not any other currency).

When your choosen currencies will reach your account - you can start using the exchange services, investing in different cryptocurrencies pores. The Binance offer is particularly broad since Binance supports not only all of the largest cryptocurrencies, but also many ICO tokens.

When you place your purchase order, simply wait for it to be executed in accordance with the terms /prices you specify.

How does the exchange work?

For the first time visiting the Binance page, you will notice that Binance offers two different options for changing cryptocurrencies - simplified (basic) and advanced. Both the simplified version and the advanced may not be easy for the novice to understand, but people who already work at the exchangers and have at least some knowledge it should not be difficult to understand.

The main difference between the basic and advanced versions is that the advanced version offers a deeper technical analysis of currencies. Meanwhile, in the simplified version, you can see several charts and diagrams for the couples you want to change, the order book, and the history of the exchanges.

The simplified version looks like this:

The advanced version looks like this:

Supported Cryptocoins

One of the biggest Binance pluses is the very wide selection of cryptocoins and tokens. Trader can use the system to purchase Bitcoin, Bitcoin Cash, IOTA, Litecoin, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, Dash, NEO, Has, Zcash, Dash, Ripple and many more. As we mentioned before, you can find a lot of ICO listings that you can use to change.

A complete list of supported currencies: Coinmarketcap.com

Exchange rates and limits

At the time of writing, Binance charges an average of 0.1% of the tax on each change made by the user. Binance also offers Binance Token for exchange, which allows them to reduce their fees by another 50%! These are almost the lowest fees offered by any exchange.

The withdrawal fee depends on the currency you want to withdraw.

As for the limits - there is no limit that limits currency entry to the system, but unapproved accounts can be taken up to 2 BTCs per day, and approved - up to 100 BTC per day.

Security

Although Binance is a relatively new company, it is already considered very reliable on the global market.

Accounts, like in most other exchange offices, can be protected (recommended) by TFA (Two-factor Authentication).

Customer service

For the exchanger to be successful, a good customer service is a must. While Binance currently faces huge platform growth and consumer growth, the service department is working well enough. You can submit queries using a form embedded in their website.

So far, unfortunately, LIVE customer service is not available.

Best Bitcoin Dice Game sites

Earn Bitcoins from gambling - this way is not suitable for everyone

 To be honest, I'm not a big fan of gambling, but it is also the way to make bitcoins, so why not to try if you like such way. 

Dice Games are one of the most popular forms of Bitcoin gambling. Some dice games let ts players to take the position of “investor” - they fund the bankroll and then earn off the house edge from other players. Most Bitcoin Dice games have a house edge of 1%-2%. Any other % above this means that you will win less. 

Whether you are a dice game professional looking for avenues to boost your income or just a novice dice gamer, you will find these sites amazing.

Best Bitcoin Dice Games

Primedice has simple and easy to understand interface, 1% house edge. Site has its own Bitcoin faucet and gives free BTC to its players, so there is a way to start for free. It also has automated betting and live chat.

You do not need to make an account to get started there. Just provide you username and you will have an access to the Primedice gaming platform through your instant account.

If you want a prompt and effortless roll, there is an opportunity to use their automated betting feature. For ths you have to set up some categories: base bet, payout, win chance, number of rolls...


The best side of Primedice is that you will never run out of Bitcoins  there. One of the best features there is their free bitcoin faucet. Claim free bitcoins by entering captcha code.

Dicecoin is definitely one of the most often played beting sites among Bitcoin gamblers. It is simple site, accepting variety of cryptocurrences: Bitcoin, Litecoin, and even Dogecoin.

Players are automatically registered once checking into website. Players are given both options: manually or automatically bet. All players must have a sufficient number of coins to start a game. Once your balance is secure, you can now start rolling the dice.

Dicecoin also has own faucet. Using Faucet you can get free 0.00001 BTC; 0.001 LTC; 10 DOGE.

Affiliate program is another way to earn from DiceCoin. You are provided with unque referral link and can earn 0.1% from every bet of players you referred. 

Satoshidice is the pioneering Bitcoin Dice site online. An account is not needed to get started at SatoshiDice - you don’t have to fill out a registration form and put some of your personal details at stake. 

You can send your wager and receive your payouts near-instant as network confirmations are not necessary at SatoshiDice, unlike other bitcoin dice sites.

This is the very first bitcoin game online and til now it caters hundreds of players from all over the world. Its reputation has been strongly established by the time, so you can not be afraid that it is scam.

999Dice - 99.9% Payout! 0.1% House Edge! With a sky-high 99.9% payout rate, it is definitely hard to turn away at 999Dice.

Another advantage that 999Dice provides - automated trading. In fact, you can place up to 200 bets at a time and faster maximize your profits. Bets can be adjusted upwards by a certain percentage you want to play, and you can also reset it to a base bet value after a win/loss.

Free start! You will never run out of bitcoins at 999Dice. They have a bitcoin faucet that gives 200 satoshis every 5 minutes per account. And even more. Every two hours you can click on button with free satoshis, litoshis, and dogecoins and clam it. 

No confirmation is needed for you to successfully fund your account in this site. Withdrawals are processed near-instant also.

  Playing dice games is absolutely easy. In fact, you can make a fortune out of this game even if you have not any skills at all. All you have to do is place your bets and predict whether roll going to be ‘high’ or ‘low. It’s easy as pie, just don't be greeedy and know when to stop.

Dogecoin faucets

Dogecoin is a fun, new and growing form of digital currency. Doge coin  was introduced on December 8, 2013. There was approximately 100 billion dogecoins at all in circulation at the end of 2014,  an additional 5.2 billion coins wll be added every year. 

Dogecoin was created by programmer Billy Markus from Portland, Oregon. He hoped to create such a fun cryptocurrency that would reach a broader demographic than did Bitcoin. Also he wanted to distance it from the controversial history behind Bitcoin. 

 The Dogecoin network was originally intended to produce only 100 billion Dogecoins, but later was announced that the Dogecoin network will produce infinite Dogecoins.

FreeDogecoin - claim your free doge now button to win free dogecoins. The amount of free dogecoins that you get will depend on the number that you roll and paid out according to the payout table. Earn a massive 50% commission on all free play earnings made by your referred users.

MoonDogecoin -  faucet with a difference...YOU decide how often to claim! You must wait at least 5 mins between claims. 25% lifetime commission + up to 100% claim bonus!




777doge - up to 777 DOGE every 77 minutes FREE! Payments instant with FaucetBox. Referral commission.

Get My Faucet - Get Free Doge up to 50 Dogecoin every 780 min. Referral commission: 10%.
Payments are made to Faucetbox

DutchDoge - 1 to 1000 Doge every 15 minutes. prote and  earn referral commission: 10%.
Payments are made to Faucetbox.

Boxdoge - take from box from 0.06 DOGE to 2941.18 DOGE. All your earnings will accumulate in your BoxDogecoin account and the total balance will be paid directly to your dogecoin wallet on Saturday/Sunday each week if your balance shows at least 100 DOGE coins.

Litecoin faucets

Litecoin or LTC is a peer-to-peer cryptocurrency. Its creation and transfer is based on an open source protocol. Litecoin is not managed by any central authority. For mining Litecoin uses scrypt.

Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charles Lee, a former Google employee. There are total 84 million of LTC.

Litecoins are traded primarily for fiat currencies and other cryptocurrencies, mostly on online exchanges. Payments in the Litecoin network are made to addresses, based on digital signatures - strings of 33 numbers and letters and such signature always begins with the letter L.

Destinyltc - claim 15 000 - 750 000 litoshis for free every hour. Also you can earn 10% from every referral's dispense. 

 

Cryptorials -  claim 22500 litoshi every hour for free. Also eaen 20% referral commissions.

22500 satoshi every 60 minutes.

Moonliteco - You must wait at least 5 mins between claims.Refer your friends and everyone else to Moon Litecoin and recieve 25% lifetime commission on all their faucet claims!

There are plenty of faucets where you can claim free litoshi. Start any and you will find some other links for free litoshi.

Bitcoin Mining

Where from come Bitcoins? With the paper money everything is clear, government regulates their printing, but where from come bitcoins? 

People send bitcoins to each other over the bitcoin network all the time, but who would keep a record of all these transactions? Who would was able to keep track of who had paid what and how much? So, the bitcoin network collect all these coins transactions into a list, called a block. Bitcoin miners confirm all those transactions writing them into a general ledger. It is a long list of blocks, we call it a blockchain. 

When such block of transactions is created, Bitcoin miners put it through a process taking the information in the block and apply some kinnd of mathematical formula to it - it all turns into something else, far shorter, seemingly a random sequence of letters and numbers known as a hash. Hash is stored along with the block.

There are few main categories of bitcoin mining hardware, and each of them are more powerful amd of course more expensive than the last one. But still using any of them, computing power chews up your electricity, and that costs a lot of money also.

Looks like a very complex process? Good thing that we do not need to know all these details, we do not need even to buy hardware for bitcoin mining, but we still can participate in Bitcoin mining process - there are few mining pools that you can join. 

 Bitcoin mining pool is a group of people that combine their computing power to make Bitcoins. The pool that I am involved in is Slush’s Pool,  but feel free to look at other options. For Slush Pool you can use mining program called GUIMiner. Install and run this program adding in your information from Slush’s Pool. Remember that your user name is actually the worker name. The worker name will be like this - username.worker ID,  and your password also will be from that worker ID.

 

Bitcoin Cloud Mining

Other way to mine bitcoins is to join cloud mining website. Cloud mining or, otherwise, cloud hashing allows users to form groups-pools, where their efforts are rewarded with greater income, if compare with individual mining with own equipment. There all Bitcoin mining is done in the cloud, with no offline hassle: electricity, hosting issues, installation and upkeep troubles. There everybody can earn some extra revenue with
 just a little or no risk at all.

Eobot - some says it is too slow, but it is still great choice for beginners. Eobot is easy, cheap and best cloud mining solution for those who just started. You can start just with  little $10 using PayPal, or invest earned free satoshi and other coins in free Faucets, buy cloud for mining and choose between any cryptocoins including Bitcoin, Litecoin, Dogecoin, Redcoin, Peercoin, Namecoin, Feathercoin, NautilusCoin, Vertcoin... For those who has no any money or coins, there is Faucet where every day you can get some free coins (Products->Faucet). I would advice first to mine your cloud for some time to increase its spead, then only choose what the coins you want to earn and make your configuration there. So, yes, there is opportunity to start for free, use their own faucet, invest coins earned in other faucets and not invest any fiat money at all, but mining speed of course will not be very high. 

There are plenty of Cloud Mining websites: Genesis Mining, ZeusHash and many others, just search google and find most suitable for you. make good research as some of them are not paying. 

Best popular Bitcoins Faucets

With the growing popularity of Bitcoin as currency and Bitcoin mining, Bitcoin faucets became a way for increasing people' Bitcoin total and earn free Bitcoins.

What is actually a Bitcoin faucet? Bitcoin faucet allows you to visit a certain website, to perform a simple task, and be rewarded with a percentage of a Bitcoin - satoshi. 

If the Bitcoin mining is new for you, it is a great way to use a Bitcoin faucets to get yourself involved without getting too deep in the process. A Bitcoin faucet is very easy way to test Bitcoin waters and how you can earn Bitcoins for your efforts. All you need is internet access and a Bitcoin wallet and you are ready to earn Bitcoins.  

After you complete tasks, you get some free Satoshi sent to your Bitcoin wallet. Just note that because of the small payouts, it can be quite time consuming to actually earn any Bitcoins. Many Bitcoin faucet sites allow to earn a payoutonly once a day, so you will have to return regularly on a daily basis. Although you get just a small amount of coins, still it is free and with a time you add them more and more.

Earn Free Bitcoins

Bitcoin is a peer-to-peer currency. What it means? Peer-to-peer means that no any central authority issues new money or tracks Bitcoins transactions. These tasks are managed only collectively by the network. The most attractive feature of Bitcoins for me is that this digital currency is not controlled by any government - Bitcoins cannot be artificially inflated or deflated. No any monetary authority can't pump more of Bitcoins into the market for to boost the economy.

 The way Bitcoins enter into the world's market is a process called Mining - computers solve mathematical algorithms to earn Bitcoins. These algotithms are very complex and take a lot of computing power to solve them.

Now everyone wants to earn Bitcoins. First thing what you need to do for starting earn some BTC is  get a Bitcoin Wallet. Bitcoin is a digital currency, so you need a place where to keep your earned Bitcoins.

Blockchain already crossed its sixth year of existence, so Bitcoin users become smarter in terms of saving their funds. Bitcoins we store in wallets, consisting of a Bitcoin address with a private key. There are few different types of Bitcoin wallets: online, desktop,mobile, hardware, etc. All of them can be used to store, to send and receive Bitcoins.

When you are thinking what the wallet to choose, think about what is your purposes of using Bitcoins. If you want to use Bitcoins every day for purchasing goods and services in your city, then better choose mobile Bitcoin wallet on your device. If you are a trader, then for you may more applicable would be an online wallet on a  Bitcoin exchange .

If your choice is desktop wallet, think about that all who are able to access your PC, will be able also to easily access your Bitcoin wallet and steal the private keys. To avoid such stealing, you can  simply encrypt your wallet. In this case for accessing your wallet will be required a password. You also must backup wallet.dat file and save this file somewhere outside your PC, for instance, use USB stick.  It will helps you to keep Bitcoins safe if something happens to your PC device.  

Similar to fiat money, it is also not recommended to keep all your Bitcoins savings in one place. Consider to split your funds into parts and save them in several wallets, maybe even in different types of wallets. Never keep big amount of Bitcoins in mobile wallet, because if you loose your phone, your Bitcoins will be lost also.

Enough popular wallet for Bitcoins is Blockchain, Xapo wallets. 

 

Advantages of Bitcoin

• Payment freedom and instant transactions.

It is possible to send and receive any amount of Bitcoins instantly anywhere in the world at any time. There are no bank holidays and no borders. There are no imposed limits. You will have full control  of your money.

• Low transaction fees.

Currently all Bitcoin payments are processed with no fees at all or it is extremely small fees. Users sometimes may include some fees with theit transactions for to receive priority of processing; it gives faster confirmation of transactions by the network.

• Low risks for merchants.

Bitcoin transactions are very secure and irreversible. These transactions do not contain any customers’ sensitive or personal information - protects merchants from losses caused by fraud. Also, merchants can easily expand new, before not accesible markets, where credit cards are not available or fraud rates are too high. So, they get lower fees and larger markets, but lower administrative costs.

• Security and control.

Bitcoin users are in full control of their transactions. Also, Bitcoin payments can be made without any personal information tied to these transactions, what offers strong protection against identity theft.  

 

Earn Bitcoins

 Now, when you know, how secure is Bitcoin and when you created one or few wallets for your Bitcoins - start earn them online. You can earn Bitcoins and other altercoins in many different ways. I will list many options how to do it, all you need to do is choose what you better like.

Ways to earn Bitcoins: 

• Earn free Bitcoins by completing tasks on websites.
• Earn Bitcoins from interest payments. 
• Earn Bitcoins from mining.
• Earn Bitcoins through trading.
• Use various Bitcoin faucets.
• Earn Bitcoins from gambling (not suitable for everyone).
• Earn Bitcoins by playing games online.
• And many other ways...

You can find quite a few ways to earn Bitcoins online, and all of them are different. But remmeber that such as gambling and trading always involve risks. And if in gambling everything depends mainly on luck, such as trading requires some your knowledge. So, choose way to earn bitcoins wisely and carefully. 

In summary, Bitcoins can be earned through multiple ways, and one way is not any better than another way. For ones way way may fits more than for others. And otherwise.  It is all about innovation, determination and doing good research. Do some research before buying a Bitcoin miner, as there is no any guarantee for no one that you will make a profit. Bitcoin is still very young currency, but has a ton of potential.

So, if you are  looking for simple ways to earn free bitcoins, I think you will get a lot of options online. No matter if you are just a new bitcoin user and have little knowledge, you still can earn bitcoins  doing simple tasks. I will add a list of Bitcoin Faucets that I use myself, and Faucets for other crypto currencies.  If you want to earn some free bitcoin, then you are in the right place.

You are not sure how to use earned Bitcoins? Store in your Bitcoin wallet if you wish, sell them, exchange or invest into other sites. I do invest in Mining sites and multiply my Bitcoins. In the nearest my posts I will explain how to do it.

Crypto Currencies

What is Crypto Currency? Of course, it is not a typical money: even if most of them have names with an end "coin,"  usually crypto currency don't come in physical form, even if they represent money in digital form, it is a bit complicated to use them, it is not the same as digital payment services like any payment processor.

 Cryptocurrency is electricity converted into lines of code with monetary value. if to say more simple, cryptocurrency is digital currency.

The first cryptocurrency that was created back in 2009, is Bitcoin - BTC, and it is also the basis for all other new crypto coins that are now popping up so often. Bitcoin was created by "Satoshi Nakamoto" - it is pseudonym that was used by unknown person or even group of people. In 2014 Newsweek published article pointing one Japanese-American man who lives in California, Dorian Nakamoto, as a Satoshi Nakamoto, Bitcoins creator, but he denied it and even raised a legal defense fund to sue this publication.