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October 20, 2017
What is the difference between Dash and Bitcoin Cryptocurrencies?
Dash (DASH) is one of the first Cryptos to develop anonymity features. Note: Bitcoin does not provide anonymity, but rather allows users to remain anonymous by masking up their identities using a digital wallet address. The develop...
October 20, 2017
What is the difference between Bitcoin and Litecoin?
Litecoin (LTC) is based on a different algorithm, or script, than the one Bitcoin runs and offers many advantages over Bitcoin such as the utilization of GPU for "mining" and 50% better speed in mining between blocks compared to Bitcoin....
October 20, 2017
What are the differences between Bitcoin and other normal currencies?
Bitcoin (BTC) is a digital form of currency that was born to address issues related with the centralised currencies, e.g. currencies controlled by local Governments and central authorities. Recently, Bitcoin Cash also came into life, ...
October 20, 2017
How there can be no Central of Blockchain? How it maintains the transactions and data?
A Blockchain is not controlled by a central server or authority and for that reason all "entries" are, and remain, in the network indefinitely, whereas, in a normal database all data is "centralized", and not "shared". Agreement on th...
September 12, 2017
Can I buy(acquire) Bitcoin from XM? or only margin trading is available?
XM does not sell Bitcoin or any other Cryptocurrencies. XM currently does not offer "Crypto Exchange" service, but only "Margin Trading" of Bitcoin(BTCUSD) is available. (September 2017) Bitcoin(BTCUSD) is available on XM MetaTrade...
September 11, 2017
How to reverse or cancel Bitcoin transactions which are already completed on Paxful?
Any transactions on Bitcoin network are impossible to reverse or cancel once they are completed. This is the same case for users of Paxful's Crypto Exchange too. Paxful is unable to cancel or reverse your bitcoin transaction once sent...
September 8, 2017
What is the minimum amount to start trading Bitcoin on Paxful exchange?
Currently Paxful sets the minimum exchange amount to 0.001 BTC. You can start buying or selling Bitcoin as small as 0.001 BTC in the peer-to-peer exchange. Bitcoin's market price changes frequently, thus you may need to check the m...
September 8, 2017
Is transactions of Bitcoin on Paxful are instant or is there some waiting period?
Almost all transactions on Paxful exchange are made instantly. Transactions of Bitcoin are also made instantly. In case the exchange is made via Bank Wire Transfer such as Western Union and Moneygram, then it may take a day or 2(or so...
September 8, 2017
I got ripped on Paxful exchange. My Bitcoin is just stolen. What to do now?
Transactions made on Paxful are secured as buying on eBay and other open marketplaces if you follow some general common sense rules. But it is still possible that some Gift Cards exchanged via Paxful are not reversible. In this cas...
September 8, 2017
My Bitcoin account got hacked and stolen. What do I do now?
If you haven't secured your Bitcoin account, it is possible that your account gets hacked and your Bitcoin gets stolen by an anonymous hacker. Unfortunately, once your Bitcoin is stolen, by mean transferred to another account, it is i...
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