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Getting Started With Cryptocurrency-Part 5

1 June 2018 By admin

Getting Started With Cryptocurrency-Part 5:

If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please join BitClub for free at http://bitclub.network/clydethorburn. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions contact Clyde Thorburn at http://clyde-thorburn-seo-specialist-johannesburg.strikingly.com/#contact-clyde-thorburn.

Author : Matt at Matt Matrix 19 Dec 2017

One of the key things I found challenging was to automatically pull in your holdings from exchanges you trade on, which surprisingly not many apps offer. This is something that will be built into Matrix. Development is underway, and we’re looking to launch a beta version in the coming month. Here’s a preview of the latest designs. A preview of our latest design prototypes. Signup for beta access at http://matrixportfolio.com. Features & key differences of Matrix. A carefully crafted design and simple user experience, UX is a high priority (Designs completed). Comprehensive support for most coins (In development). Secure syncing with exchanges to automatically pull in your trades and balances, to calculate your profits and losses, without manual entry (In development). Manual transaction entry is also available if prefer (Completed). Beautiful, mobile friendly, interactive graphs (In development). Multi-portfolio support (Completed). Multi-currency support (In development). News feed (Planned). Plus many other exciting features that are planned but we can’t announce yet. Early beta signup for Matrix. If you think Matrix might be useful for you, I’ve setup a signup page for early beta access to try the app once it’s ready http://matrixportfolio.com.

Security & Safety. I’m sure many of you may have heard of the many horror stories of lost private keys, stolen Bitcoins, hacked exchanges, etc. When there’s so much money at stake, it’s important to take every security measure possible, even if it may add some additional inconvenience. The peace of mind that your investment and hard earned money is kept safe and secure is invaluable. Here’s a few things every investor should do to keep their investments secure. Enable two-factor authentication (2FA). This is the first thing anyone investing should immediately enable after you register on an exchange, or any location where you store your tokens. All exchanges have this option, so enable it! 2FA ensures that even if your login and password is compromised, hackers cannot get into your account unless they also enter a time-sensitive 6 digit code, that only you can access on your phone. To setup two-factor authentication. 1. Download either Google Authenticator at https://itunes.apple.com/ca/app/google-authenticator/id388497605?mt=8 or Authy at https://authy.com/. 1. Navigate to where you can enable 2FA for your account on the exchange/website. 2. You should see a QR code, simple scan it with the app. 3. That’s it.

After that, everytime you login to your account, it will additionally ask you for a 6 digit, time-sensitive code as an extra security, before access to your account is granted. A common misconception is that you must use Google Authenticator to enable 2FA. This is not true. I personally recommend Authy for managing your 2FA, as it can sync with multiple devices, incase you change or lose your phone/device, you can always recover your 2FA codes. Use long, secure passwords (And a password manager, they’re free). It might be a bit of a hassle to dig it up every time you want to login to trade or check your balances, but that process is much more seamless if you take advantage of secure, password managers that helps you generate and remember every login/password for all exchanges you trade on. I recommend either 1Password (free for 1 device), or LastPass (free for multiple devices). Tip: It’s also useful to save your 2FA backup code in the password manager, as well as your wallet addresses, so you can easily copy and paste them when transferring tokens. Don’t reuse passwords and logins. This goes without saying. If one of your account gets compromised, it’s not hard to imagine the hacker can easily find your other accounts on various exchanges. Before you know it, your hard earned investments will have completely disappeared.

Read more about Bitcoin and The BitClub Network at https://mypr.co.za/getting-started-with-cryptocurrency-part-4/.

From: Clyde Thorburn

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