Wallets are software or hardware that allow you to store, control and spend your cryptocurrency. There are a variety of BTCP wallets available, with slight differences and unique features. Visit the Wallets page to find one which one suits you and your business best.
There are a number of ways to obtain BTCP:
1) Buy BTCP on an Exchange
You can buy Bitcoin Private on one of the Exchanges that currently have BTCP trading pairs. This allows you to buy your BTCP for Bitcoin, fiat, or other crypto currencies. Exchanges that currently list BTCP are:
2) Mine Bitcoin Private
Bitcoin Private is a coin that uses the Equihash mining algorithm, and you can connect your GPU or other Equihash-eligible hardware to mine with one of the many BTCP mining pools:
3) Convert BTCP to Fiat
We are currently developing a platform that will let you exchange BTCP to Fiat such as USD (and the other way around) directly and with no intermediaries such as exchanges, at a competitive rate.
HD Wallet is a wallet that creates one master PRIVATE KEY and PUBLIC ADDRESS pair, the private key controls all of the funds on the wallet and many “children” addresses can be derived from the already existing public addresses. It is very user friendly, as a randomly generated combination of words can be used instead of a private key, giving the user a feeling more similar to traditional passwords. Most major third party wallets such as Blockchain.info and wallet.BTC.com operate this way.
A cryptocurrency wallet stores the public and private keys which can be used to receive or spend the cryptocurrency. A wallet can contain multiple public and private key pairs. In case of bitcoin and cryptocurrencies derived from it, the cryptocurrency is decentrally stored and maintained in a publicly available ledger. Every piece of cryptocurrency has a private key. With the private key, it is possible to write in the public ledger, effectively spending the associated cryptocurrency. Click bellow to learn more about crypto wallets in general and all the different kinds of cryptocurrency wallets.
Web Safety and Cryptography:
Surfing the Internet every day, you produce data. Each text you send to your friend, each funny cat video you like, produces data about you, your habits and your interests and is then sold to analytical firms who use it to track your behavior, influence your actions and ultimately control you. Your financial data tells the most about you, and is hence the most important kind of data for these companies. Bitcoin is an attempt to prevent others from seeing your financial data through mathematically proven encryption, and while Bitcoin transactions are somewhat anonymous and hard to track, a dedicated investigator could track you down by inspecting all BTC transactions associated with you, now it is even easier to do that thanks to corporations such as BitFury whose mission is to de-anonymize the entire Bitcoin network. This is where Bitcoin Private steps in, using zk-snarks, a far superior mathematically proven method of encryption which makes it impossible to know who sent the money, who they sent it to, and how much money is being sent.
Storing Your Private Keys:
Whoever controls your private keys controls all your crypto assets aka all the funds in your wallet. That’s why you should keep your private keys like you would keep precious metals, locked out of anyone’s reach while you are not using them. This goes for all kind of wallets: be it a paper wallet or third party hardware wallets such as Ledger Nano S or Trezor. In case you hold your private key in the form of randomly generated sentence of words aka the recovery seed, make sure to print it out on a piece of paper and keep it securely locked up in a safe whenever you’re not using it.
We will provide you with a database of places where you can spend or donate money to.