To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as “bitcoin.” The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world, using free software. It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography. Who created it? A pseudonymous software developer going by the name of Satoshi Nakamoto ...
How to open a Luno account First, you need to download the Luno app from the PlayStore. Click here . Click on Sign Up Enter an email address and password Next, select your country of residence Tick the “I’m not a robot” button Click the blue “Sign Up” button at the bottom of the page Luno will send you an email to verify the registration on the site and to ensure you have access to the registered email address. How to verify your identity When you’ve created your Luno account, log into the system. The first screen will look like this: In order to verify your identity, click on “Verify Now” On the main page, click on Settings (left side of the screen) Fill in your personal details such as name, surname and cellphone number Hit the Verify button and submit the required documents so that your account can be upgraded. How to get you bitcoin or entherium wallet Click on More Then receive You will see picture like this Then u can on...