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Do you want to  buy bitcoin with the lowest fees  possible? Are you fed up with having to sacrifice a portion of your trade to buy BTC? Let us help you stop throwing money into the trash. We spent some time comparing marketplaces and looking into what kinds of fees they charge and are confident in saying that Blocklink is  the  cheapest  place to buy bitcoin ! 1. Buy bitcoin with no fees on Blocklink Notice the big zero on the left? That’s right,  Blocklink doesn’t charge buyers any fees to buy bitcoin. However, you’ll need to pay close attention to the exchange rate set by the seller. The rate can vary depending on your verification status, payment method, currency pair (such as USD, EUR, INR ), and order size. Make sure to find an offer that   best suits your needs !  2. Free bitcoin transfers between Blocklink wallets When you create an account on Blocklink, we give you a free digital wallet. With it, you can make up to Ten internal transactio...

Virtual currency,  digital coin, and token—in the cryptocurrency sphere, these terms often confuse people and are used interchangeably, as their meanings seem to be very similar to one another. Did you know, however, that these are actually different  and unique ? To better understand these terms, let’s discuss what each means and how they work. Digital coins A digital coin, as its name suggests, is only available in electronic or digital form. This type of currency does not have a physical form and cannot be stored in physical wallets or purses. Instead, it’s stored using digital wallets, which can be accessed only through smartphones, personal computers, laptops, and other electronic devices that support such applications via the Internet. Another way to define digital coins, as per Cointelegraph, is that they are “native to their own blockchain”—or the powerful technology behind cryptocurrencies like bitcoin (BTC), which records or keeps track of every transaction m...

When looking for a reliable digital wallet, what are some qualities you look for? Some of the most important factors when it comes to bitcoin investing are where you store your crypto and how safe that storage system is. There are two main categories when it comes to bitcoin storage: hot and cold wallets. Hot wallets are storage applications that operate online, while cold wallets function offline. Cold wallets are often regarded as the safer option, as online wallets can sometimes be susceptible to hackers. In the cold storage space, there are two main kinds of wallets:  paper wallets  and hardware wallets. In this article, we’ll be giving you an introduction to  paper wallets .  How do paper wallets work? Bitcoin, unlike traditional fiat currencies, does not have a physical representation. Digital means are used to store funds instead of the usual physical wallets that hold our bills and cards. However,  paper wallets   can  be considered...

Every bitcoin enthusiast’s dream is for the world to realize the potential benefits the digital currency can bring to today’s financial ecosystem (that and also buying a Lambo). However, at the same time, we know that before that happens, bitcoin has to improve in certain aspects—mainly scalability. At this moment, Bitcoin blocks can only hold so many transactions and a single block is created around every 10 minutes. Although that may seem fine when not many people are making transactions, it becomes a different story when numerous people try simultaneously—transactions take longer and become more expensive. Because of block space being such a scarce resource, many people have looked for solutions, and in this article, we’ll take you through one of them: The  Bitcoin Lightning Network . What it is and how it works The  Bitcoin Lightning Network  is a  layer two  or  off-chain  solution to the scalability problem. This means that it sits on t...

When it comes to bitcoin wallets, security is often at the top of every user’s list of priorities. After all, who would want their hard-earned bitcoin to be lost in the hands of a slimy hacker? Unfortunately, hackers have gotten crafty over the years, and passwords have gotten leaked. Whether it’s due to hackers manually guessing passwords or elaborate email server hacks, it’s a terrifying thing to think about. That’s why we, as holders and bitcoin enthusiasts, need to do  everything  in our power to make sure that these hackers  do not  gain unwanted access to our accounts (and bitcoin).  The first step to securing your account is to create a strong bitcoin wallet password.  Creating a strong password Since the bitcoin wallet password serves as the first line of defense, you must make it as secure as possible. According to a  report made by The Huffington Post in early 2017 , “123456” and “password” were among the most common passwords in 2016...

The popularity of cryptocurrency has reached greater heights over the past few years and it has become a topic of discussion even outside tech circles. In certain places, the likes of Bitcoin, Ethereum and LiteCoin have been used very frequently similar to fiat currencies such as the Dollar and Euro. All the transactions are made through a cryptocurrency wallet. Even though the value of fiat currency will always be on top, there is a general perception that cryptocurrencies exchange will eventually change the banking system and even replace them entirely one day. Despite the fluctuations in the value of cryptocurrencies and continuous price drops, digital currencies such as Bitcoin and Ethereum are still thriving and there is plenty of room for new ventures to take a piece of it.  If you are planning to create your own  Cryptocurrency exchange software  this article will help you in understanding the nuances of crafting a cryptocurrency exchange and the costs behind i...

Social media is a great way to connect with others, stay informed and express yourself. But like everything in life, there are those out there who will try to use it to their advantage. In the past few weeks there’s been an increase in bad actors on social media, sometimes impersonating Blocklink.live accounts. We want to make sure our community is as safe and informed as possible. Firstly, we will never initiate contact to ask you… To send us money To provide a password OR your 12 word recovery phrase For a fee to upgrade your account (i.e. to Gold level verification) Blocklink.live User Support Our support team conducts all customer communication through our Support Center and will only respond to you on our verified social media accounts. Be wary of anyone claiming otherwise — they’re probably not a Blocklink.live representative. While there are a few unique cases in which we might ask for your password, we will never ask you for your recovery phrase and will o...