Cryptocurrencies are the new and alternative currency form used to make payments, but that’s not all digital currencies are used for. Everyday people like you are now buying cryptocurrencies such as bitcoin and Ethereum using their fiat currencies like the US dollar and the euro.
Cryptos are also being used for buying goods and services, too. Why have cryptocurrencies gained such huge popularity in such a short time? The fact that cryptocurrencies are decentralized is one of the key reasons. Cryptos are spread across several computers anonymously and securely, and this is one of the key reasons these currencies have the traction they’re getting.
Cryptocurrencies work on blockchain technology, which basically means that each cryptocurrency owner has their own unique blockchain ID, which is also called the “wallet ID”. No two users
can have the same wallet ID, neither can anyone, in any way hack into your cryptocurrency account and get your ID, so your cryptocurrencies are always secure.
To buy a cryptocurrency, you simply need to choose the cryptocurrency you want such as bitcoin or Ethereum, then deposit funds in US dollars or euro to your Coin Blanco account. Once you’ve done this, your chosen cryptocurrency will automatically and seamlessly be transferred to your Coin Blanco eWallet.
Buying cryptocurrencies at Coin Blanco is a super easy process that takes nothing more than a few seconds. Even though it’s easy buying cryptocurrencies with Coin Blanco, there are some things you need to know.
First of all, you have to create a Coin Blanco cryptocurrency account. Once you’ve registered your account, you’ll receive your eWallet ID via email. We’ll send it to the email address you gave us during your setup process. Make sure to keep your Coin Blanco eWallet ID safe and secure because if you lose it, you won’t be able to retrieve your cryptocurrency account. We recommend using a password generator such as Keepass for Windows or iCloud Keychain for Mac.
Now that you’ve got your account, you’re ready to buy cryptocurrencies! To buy your cryptos, simply go to the “Buy Cryptocurrencies” page and choose the digital currency you want to buy.
At Coin Blanco, you have the option of buying (and selling) a host of cryptocurrencies, such as Bitcoin or Ethereum. When you’ve selected the cryptocurrency you want to buy, go ahead and specify the amount of funds you want to spend and add the amount in the specified field when prompted to do so. You’ll then be asked to choose your payment method. We allow bank and wire transfers or credit or debit cards.
Once we’ve received the payment, either via bank transfer or via credit card, your fiat currency (dollars or euro) will be directly converted into the crypto of your choice. You’re free to check on your cryptocurrencies whenever you feel like it, and you can check your balance by looking at your Coin Blanco eWallet.
If you need any assistance, feel free to reach out to your Coin Blanco Account Manager. We’re always on hand to assist you.