"I'm New to Bitcoin & just found Wirex now what?!"
Jul 21, 2017, 2:05:10 PM Published By Wirex Team
Oh, you lucky thing!Youre in the right place at the exact right time in history And here's why: (plus exactly what to do for a dramatic lifestyle change that could impact your financial future in incredible ways)
First, bitcoin is just the beginningSure, its hard enough to get our heads around digital cash, blockchain technology and bitcoin wallets, but rest assured just a few weeks from now youll be so savvy about bitcoin that youll be educating your friends and family and theyll be listening with rapt attention! But bitcoin really is just the beginning. The world is going through such a shift in lifestyle opportunities, banking systems, computer technologies, and even government structures. And bitcoin brings it all together.No more middle man. No more high banking fees, or money transfer fees. No more inflation caused by meddling governments or central banks. For people who just want a higher standard of living, for their money to go further, for their savings to be worth MORE in the future, bitcoin is a blessing. I remember when I first heard about it magic Internet money they said. Used for buying computer game upgrades they said. Part of the dark web,they whispered But today, bitcoin is quickly going mainstream.
- Japans government recently recognised bitcoin as legal tender (nationally recognised money) and more governments will soon follow.
- More and more retailers now accept bitcoin (Subway, Microsoft, Expedia, Virgin Galactic, Whole Foods, and many others)
- Even the mainstream media and big banks are starting to admit what a good idea bitcoin is for global commerce!
With a big bonus:The value of it is going up (...and up & up...) and it will continue to go up as more and more people and organisations take advantage of its key benefits:
- Cheap money transfers (good for individual people and for hedge funds, banks, and large companies)
- Traceable and immutable (the cryptography features allow transactions to instantly be distributed throughout the blockchain system so there are no chargebacks, transactions are locked in place, and theres no paperwork prone to mistakes)
- Easily stored as long-term savings in encrypted digital wallets
Your bitcoin security should be top prioritySo before you buy bitcoin, you need to know how to secure your bitcoin. And thats part of the reason why opening a Wirex account requires email and phone verification. That way we can help retrieve your bitcoin access stored in your Wirex BTC wallet even if you drop your phone in the punch bowl at Aunt Susies 4th wedding Because your Wirex BTC wallet isnt only kept on your mobile. Its secured online via 2-Factor Authentication and accessible only by you via mobile or desktop computer. Some companies that provide BTC wallets only have a mobile version. That is a hassle and potential risk if you end up losing the phone! Wirex verifies your account with the first layer of security using Email and Phone Verification. That gives you full access to the online account and mobile app. Mission Accomplished you now have a safe and secure bitcoin wallet! ...but hold on
Its like an empty cookie jar until you add some bitcoinThere are dozens of places to buy bitcoin. Some are dodgy, some are complicated, some are expensive, some are well, lets just say you need a lot of money to gain access to Liquidity Providers that sell bitcoin over the counter (OTC) at volume discounts for bulk orders. Were talking tens of thousands of dollars or more. And thats where Wirex comes in... Because of our huge global customer base (Wirex is the global leader in bitcoin-powered payment card providers), we have on tap a network of liquidity providers with whom we trade every day, buying and selling bitcoin to provide our customers not only with an easy way to buy bitcoin, but a cost effective and safe way too. Admittedly, getting started buying bitcoin is not the easiest thing in the world. The regulatory environment currently requires us to do something called KYC verification (Know Your Customer) which means we need your account to be legit. We need a couple of verification documents (bank statement, passport, things like that). Then, we submit those documents to a 3rd party verifier and wait to hear back from them. Sometimes it can take a week but its a crucial part of securing your Bitcoin long term! With verified documents, Wirex customers are able to order their bitcoin-powered plastic payment card and work their way through some of our educational material (User Guides, Help Center, and Blogs). I invite you to do the same. Not only are you joining a community that cares about your financial future, youre also getting access to what I believe is the best opportunity for joining the bitcoin lifestyle:
- Virtual and plastic bitcoin-powered payment cards that run on the Visa network (and work just like any other Visa prepaid debit card). Shop in stores, use at restaurants to pay the bill, withdraw cash at the ATM.
- Once you have bitcoin in your account, easily transfer money (bitcoin) to anyone, anywhere in the world. And if they have a Wirex account (free), they can get their own Wirex virtual card (first ones free), and then they can exchange the bitcoin you sent them (now theirs), into local currency onto their Wirex virtual card and shop online with it. And they can upgrade to a plastic payment card anytime they like too.