What is 20 XRP reserve in Ripple Wallets?

If you recently bought some XRP from an exchange and were looking to transfer them to your wallet, you might have come across something called a Ripple Reserve or XRP minimum balance. Basically, Ripple requires every wallet address to have a minimum XRP for activation and functioning. The base reserve requirement is 20 XRP right now. Continue reading “What is 20 XRP reserve in Ripple Wallets?”

How to mine or buy Bytecoin (BCN)

Although Bytecoin (BCN) has been around for over five years, the cryptocurrency isn’t talked about much. The recent surge in the price of Bytecoin has finally made people take notice of it.

Although Bytecoin offers many of the same use-cases as Bitcoin, it is more privacy and anonymity-oriented than even Bitcoin. Basically, Bytecoin developers took the best of Bitcoin and improved on it.

Because of the team behind the coin keeping to themselves and remaining anonymous for most of the coin’s existence, the Bytecoin remained largely obscure and didn’t get the same kind of attention that Monero got, which is actually a fork of Bytecoin. Over the last one year, the Bytecoin team has become more open and public and they are finally trying to get the cryptocurrency the recognition it deserves. Continue reading “How to mine or buy Bytecoin (BCN)”

Best Ripple (XRP) wallets: Hardware and software

Over the last few months, Ripple (XRP) has emerged as one of the most promising cryptocurrencies. If you are looking to invest in Ripple, you might be wondering about a good wallet to store it. In this article, I will suggest a couple of popular and secure Ripple wallets that you can use.

It is important to note here that because of a Ripple network restriction, you need at least 20 Ripple aka XRP to activate any new wallet. Also, the Ripple network requires a minimum 20 XRP balance at all times, so if you change your Ripple wallet, you will end up losing the 20 XRP. Therefore, choose one of the following wallets and stick to it. Continue reading “Best Ripple (XRP) wallets: Hardware and software”

How to buy Ripple (XRP) with a credit card

Ripple (XRP) has emerged as the fastest growing cryptocurrency of the recent times. In fact, Ripple was the best-performing cryptocurrency of 2017. It has moved past Ethereum to take the second spot behind Bitcoin among the biggest cryptocurrencies based of their total market capitalization.

Given all the buzz surrounding the currency, many consumers like you are looking to invest some of their holdings in Ripple. So, here is a quick way to buy Ripple using a credit card. Continue reading “How to buy Ripple (XRP) with a credit card”

Best Bitcoin wallets: Hardware, software, web and app

Before you start buying or even mining Bitcoin (BTC), you need a wallet. It is required for managing your Bitcoins. Whether you want to receive, send or simply keep your Bitcoins, you need a reliable wallet. Think of it as your internet banking account, where you money is not physically stored but resides digitally and you need it transfer to your money to another account or use it to pay for any service or get money from someone. Unlike normal internet banking accounts, the Bitcoin Wallet have a private key or a seed, and not username or passwords. Some wallets do added additionally security options like passwords or PINs. It is the private key that gives you access to your Bitcoins. If anyone else gets access to your private key or seed, he or she can steal your Bitcoins. In reality, with these wallets you are securing your private key or seed. A wallet is simply managing your Bitcoin private keys for you.

There are different types of wallets that you can use depending on your needs for security and convenience. In this post, I will detail some of most common types of wallets and which of them you can use. Let’s start with the types of Bitcoin wallets. Continue reading “Best Bitcoin wallets: Hardware, software, web and app”

Best websites to buy Bitcoin and other cryptocurrencies with a credit card

Although Bitcoin and other cryptocurrencies have been around for sometime, 2017 was the year, they really took off. This sudden popularity has led to the massive influx of new users, who are still trying to figure out how things work. While mining is not everyone’s cup of tea, the only other way to get Bitcoins and other cryptocurrencies (aka Altcoins) is to buy them. And, if you are here, you probably want to know a quick and safe way to buy some Bitcoins or Altcoins. Using a credit card is a safe and quick way to buy cryptocurrencies, but not every Bitcoin selling website or exchange can be trusted, hence we are providing a list of five tried and tested Bitcoin exchanges that you can use without worrying. Continue reading “Best websites to buy Bitcoin and other cryptocurrencies with a credit card”