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Showing posts from May, 2020

How to transfer Bitcoin to PayPal

Bitcoin has been getting a lot of attention lately, and attracting lots of new investors. Some Bitcoin buyers are fascinated by the blockchain technology that makes the cryptocurrency work. Others are looking for a quick buck and a new day trading platform. Still, others view Bitcoin as a long-term investment, a virtual asset to buy and hold. No matter how you view Bitcoin, safety is a vital consideration. Buying Bitcoin is not like buying shares of stock or putting money in the bank. With Bitcoin, there is no FDIC insurance to back you up, and no stock broker to give you advice. While some Bitcoin exchanges do carry insurance, the amounts of their coverage are often insufficient, and many Bitcoin investors have lost their virtual cash to hacks and insider heists.So how do you keep your Bitcoins safe, and how can you protect yourself from the inherent dangers of a currency that exists only in the virtual world? Unfortunately, there is no one answer to that question, and every new Bi