Before going on with the bitcoin apps and how it works?
Let’s learn about what does the bitcoin actually mean and how does it help for the business transactions.
What is bitcoin?
Bitcoin is the cryptocurrency which opens worldwide payment systems. It’s the first decentralized digital currency in the market as it functions without the administrator or even banks. The bitcoin provides a peer to peer connections without any intermediate for the securing the transactions.
Bitcoin was an open source software which was invented by the unknown person named Satoshi Nakamoto. The transactions are done on a highly secured platform and are verified by the network nodes as well as recorded in the public distributed ledger known as blockchain. Those bitcoins are used or traded for the good and services with the vendors who accept the bitcoins for the payment.
What does free bitcoin mining?
Bitcoins are created as the reward for the process known as mining.Free Bitcoin mining is termed as the process where the transactions are verified and added to the public ledger known as the blockchain. Anyone who uses the internet can access mining. The bitcoin mining involves the compiling of recent transactions and solving the puzzles to get rewarded.
With the help of free bitcoin mining, you can earn free bitcoins without putting your money and converted into different currencies as you like. By spending a small amount of time in playing the video game or writing articles at the possible of bitcoin generator. Miners are the one who earns bitcoin in the process of mining.
Earn bitcoin free by spending just a few hours on the internet. No investment is required from your end. You cannot see the bitcoins like paper currency, we can see only in the digital format where the transactions fees are very limited. Many people nowadays prefer to use the bitcoin because of the fewer transaction fees. Many big vendors for their business transactions convert the money into bitcoins and use them for their business growth.
The bitcoin generator can be done with the following steps.
- First you need to install the bitcoin wallet to your personal system or mobile and then generate the bitcoin address which can be shared with your friends for payments. For security reasons you need to use this bitcoin generator address only once.
- The blockchain is the shared public ledger where your transactions are verified and entire bitcoin network relies on.
- Your transactions with the free bitcoin mining are secured with the private keys or seeds.
- Mining is the processing of the transactions.
The following are the best bitcoin generator apps for the year 2018:
The magic bitcoin is the app which is used to earn free bitcoins and can exchange between bitcoin to magic bitcoin, magic bitcoin to bitcoin also. It’s the biggest and safest bitcoin generator app where more than 2 lakh users are trusting it. The magic bitcoin wallet is highly secured with many parameters like OTP verification, 6 digit pin verification.You can even buy and sell the magic bitcoin from bitcoin.
The magic bitcoin uses the pos+pow technology, 50,000,000 coins are supplied and magic bitcoin app is the trading source for the magic bitcoins. The price of the MB depends on the buyer and seller only and the trading is done in bitcoins. It’s very simple and easy to send and receive magic bitcoins. The only thing required is the MB wallet address where he is sending or receiving MB.
The Magic Bitcoin company is giving 50% profits to the Indian Army every year.
Its a private based company in Los Angeles which provides mobile management services.Its the #1 tracking app for monitoring the blockchains based on the digital assets like bitcoins.
The block folio bitcoin use the simple and easy tools for management, and for keeping all the cryptocurrency transactions in a highly secure manner.You can get an entire portfolio of different currencies at one place.
- The portfolio overview where you can view all the blockchain assets and detailed information of the bitcoins.
- Price notifications are pushed whenever there is a change in the bitcoins or reached certain threshold.
- You can get the charts and order book for every coin.
- You can get the latest information about the bitcoins from the magazines.
- You can easily track more than 2000 cryptocurrencies.
- New Altcoins are added on a regular basis.
- It provides support for 30 exchanges.
- You can view your portfolio in 30 different currencies.
The Zebpay Bitcoin is India’s most trusted leading exchange for earning bitcoins for more than 1 million users. This zebpay bitcoin has been entered into the many famous companies such as The Times of India, The Indian Express, and many more well-reputed companies. Anyone can use the web pay bitcoin wallet to buy or sell the bitcoins very easily with an instant message.
- You can get your credits transferred much faster when you pay the zebpay bitcoin wallet.
- They provide the fast transaction processing by giving the best rate for the buy and sell of the bitcoins.
- You can buy bitcoin instantly for the low amount with the zebpay bitcoin wallet.
- You can see the transactions details of your accounts.
- You can see the bitcoin rates from the home screen widget.
- You can trade bitcoins i.e set bid value for the bitcoins and you can buy it automatically when it reached that value.
- Bitcoins free:You can earn bitcoins free upto 50000 rs by referring the zebpay bitcoin.
- With the Zebpay bitcoin wallet you no need to worry about the bitcoin wallet address of the receipt just contact number si enough to send or receive the bitcoins free.
- It secures you transactions with a four digit pin.
- Zebpay bitcoin is made available for the android and ios devices only.
- This app is less secure as there is no pin system unless you do configure the settings for setting the pin.
- If you used to transfer money to zebpay using a payment gateway then it took high amount of convenience fee.
The Unocoin is India’s leading bitcoin exchange company with more than 100000 users. You can make your transactions, buy, sell, store very securely with the unicorn. The main feature of the unicorn is to bring bitcoins to millions. In the Fintech India list, it was featured top 20 out of 350 companies.It raised 1.5 million USD in the pre-series A funding from the top most companies. It is the member of NASSCOM.
- It requires registration and verification.
- Buy/Sell and transact in bitcoin free.
- You can accept and request bitcoin.
- You can deposit and withdraw INR.
- You can do Mobile/DTH recharges with the bitcoins using this unocoin
- You can get bitcoin SIP subscription.(Systematic Investment Plan)
- Just 200 rs is enough to open your account.
- KYC verification is done very quickly and fast.
- The buy and sell rates are very less when compared with zebpay bitcoin.
- It provides the app as well as web feature for trading the bitcoins free.
- Security is done with the two factor authentication and money can be loaded using the Pay U money very easily and fast.
- Pay u money wallet limits amount 20000 is only so you cannot transfer beyond this.
- Transferring of the payments with the unicorn is very painful as they won’t lock the transactions even for a minute and the price changes accordingly.
The insecure bitcoin app was designed very elegantly to provide a good experience for the buy and sell the option of the bitcoins in India.
- Here trading is based on the booked orders for buy or sell of the bitcoins.
- It is highly secured in the Pin lock.
- On the timeline you can see full transaction history.
- You can instantly convert the INR to bitcoins and bitcoins to INR.
- You nna do deposits and withdraws in Indian rupees.
- The pricing rates for the bull/sell at coinsecure makes it the best option for trading bitcoins free.
- It provides the real time platform to see the open ledgers.
- 0.3 % is the transaction fee on the coinsecure which is very less when compared to other bitcoin trades.
- The UI is very difficult to understand for the newbies.
- Payment gateways are not integrated to transfer money very fast.
- The security is very less when compared to the zebpay bitcoin.