Wallet

HOW TO OPEN A NEW ACCOUNT ON OkEx

What is OkEx?

OKEx is a digital currency exchange with origins rooted in China. The exchange is a branch of OkCoin and it is geared towards more of professional traders than the ordinary trader, so if you are a beginner, this might be a tad bit difficult for you. OkEx offers a wide range of crypto pairs, making it an exchange with great advantage for traders. OkEx was founded in 2011, and it has since its inception become one of the top exchange platforms in the world in terms of volume of transactions. This implies that the exchange company has high liquidity in most of the trading pairs that it offers. It is also known for low trading fees which range from 0.03% and 0.15%; depending on the value involved. This makes it a preffered option when considering the cost of trading digital currencies. To cap it all, it is one of the few exchange companies that supports a desktop platform that is fully independent.

Opening a New Account

As established earlier, OkEx is more of a exchange platform for professionals. The steps given in this article might look strange but in all, it has been simplified in such a way that even a beginner in the trade can open account.

Step 1 – Visit www.okex.com


The homepage of OkEx is as shown above. It is advised that you bookmark this site on your browser for easy reference. Also, there have been reported cases where traders lose huge amount of money, just by missing an alphabet in a web address. Also, never click on unauthorized emails from this site. On the top right of the homepage is the ‘Sign Up’ button. Click on the button.

Step 2 – Sign Up

 

The sign up tab is as shown above. You are required to fill in your email first. After you have filled in your email, you are to enter your email code. The email code is a way of confirming that your email is authentic. So to get your email code, click on the ‘Get Code’ button just by the right hand side of the email code field. Your email code will be sent to your email immediately. Open it and paste it there, then proceed to fill in your choice password, confirming it on the field that follows. As always, do not be too much in a hurry to read through the terms of Use and Privacy Policies.  After you are done with all this, click on the sign up button.

Step 3 – Account Settings


Unlike most exchanges, the verification exercises on OkEx are different. Once you click the sign up button as directed on previous step, you will be taken straight to the homepage of OkEx that will look like the image above. At the top right is your email account written with a drop down sign. Click on the drop down feature and select ‘Settings’. Apparently, you have to set up a ‘Fund Password’.

Step 4 – Setting up Fund Password


In setting up Fund Password, you will need a Google authenticator. Google authenticator can be set up by downloading the Google Authenticator app straight to your smart phone. Use the app to read the QR code as shown below; on the Bind Google Authenticator tab. Note that there are a bunch of strings close to the QR code, those strings makes up your backup key which is used to reset your 2FA password, just in case you lost your phone.  It is advised that you keep this key stored somewhere outside your computer and if possible, off the internet. When you have eventually authenticated the QR code, your Google Authentication app will give you a code. Put this code where it should be and apply the same code that was sent to your email earlier on the Email Code field. The image is shown below;
 
Once you have proceeded past this stage, you can then set up your fund password, and then proceed to deposit tokens into your new account. Deposition can be done with fiat currencies through the use of bank accounts, and it can also be done through the use of  transfers from other exchanges.

HOW TO OPEN A NEW ACCOUNT ON HUOBI

Huobi is one of the top cryptocurrency trading platforms with the goal of giving investors a professional, trust worthy and secured platform. Since its inception in 2013, it has been through challenges that threatened to end its prospects. The most noteable among this was the famous Chinese government clampdown on cryptocurrencies. If you are familiar with the exchange, you will know that they have at least three different websites on which they operate, the founders claim that this was their way of surviving the challenges they faced.
From the information on the website, Huobi has offices in Singapore, Hong Kong and Japan. And it has some number of departments that operates in China. Nobody knows the exact team that is running Huobi. Though the public knows that the founder and the CEO of the company is Leo Li, there is little or no information as to the evolution of the company. But this has not in any way hindered the growth of the exchange as it currently operates in a lot of countries.
Huobi provides a trading platform with a wide range of token that is currently totaled at 190. Some of the top cryptos that are being traded are Bitcoin, Ethereum, Litecoin, and Dash. It is a cryp-to-crypto exchange for now, but there are plans set in place to introduce the use of fiat currencies like the Chinese Yen and United States Dollar to the trading.
Creating a New Account
Creating a new account on Huobi is easy. You can carry out some transactions just by registration. This is unlike many other top cryptocurrency exchange platforms that require their users to go through rigorous verification processes; which of course is for a good cause.

Step 1 – Visit www.hbg.com

 
Creating a Huobi trading account is easy. The homepage is shown above, at the top right hand side of the page is the ‘Sign Up button. That is where the journey begins. But make sure that the browser that you are using is up to date.
 

Step 2 – Sign Up

 

On the sign up tab as shown above, there are two types of registration of which you are allowed to choose just one. You can either sign up with a valid phone number or with your email address. For this post, we are going to make use of the email address because it is safe. There is the ‘Nationality’ field of which will show the country that you are in. If it doesn’t, make sure you select it among the options provided. Other fields include your email and password. Leave the ‘Invitation code’ field empty if you do not have it. Huobi rewards referral from old members, the member is required to give you a particular code assigned to him only, that is why the ‘Invitation code’ field is there.
Make sure you read the ‘Terms of Use’ for this exchange platform before finally clicking on the ‘Sign Up’ button that is at the bottom of the page.
 

Step 3 – Email Verification


Once you fill the necessary information and you click on the sign up button, a tab will pop up asking you to enter your one-time authentication code. The code will be sent to your email and it is in the format of what is shown below;
Copy the code and paste it on the appropriate field on the Huobi site.
 

Step 4 – Depositing Funds


As established earlier, carrying out transactions on Huobi does not necessarily require much verification. When you log in after finishing up the registration process, you will be asked if you would like to fund your account, with options ranging from the use of fiat or digital currencies. The screenshot of this tab is shown below;
As you can see, you can make deposits using bank transfers or using standard blockchain wallet. However, the goal of this article is to get you to verify your identity. So we will have to go with the ‘Buy Now’ option. Click on the box on the ‘How to start with no digital asset?’ option and the tab below will open. Click on the ‘OTC’ (Over the Counter) option.
 
Using OTC, you you can find a prospective seller that is offering Btcoin or Ethereum for currencies like US dollars and Chinese Yen. Buying these coins is easy, all you have to do is transfer funds with the appropriate payment method. Many of the buyers do not require verification procedures, but for security purposes, I advise that you stick to buyers that require verification procedures. There are many other steps to take to complete your first trading on Huobi, they are however outside the scope of this article.

HOW TO CREATE A NEW ACCOUNT ON BITSTAMP

Bitstamp is a cryptocurrency exchange website. It is one of the oldest and most trusted cryptocurrency exchanges in operation today. Since its inception in 2011, it has continued to build its base upon its large European users. But it has not failed to take steps in becoming one of the best choices for cryptocurrency traders around the world. Its office are scattered round different locations and it provides trading solutions to different clients spread across the world. Bistamp was founded by Damijan Merlak and Nejc Kodrič in 2011, and they have not failed to in time memorial to reiterate their aims which is to provide a service that will cater to a European client base, offering an alternative to a market that was had Mr. Got dominating it as at the time of its inception. It started in Slovenia, then they branched out in 2013 by setting up an office in UK. Then in 2016, they opened another branched office in Luxembourg. From 2016 till now, they have opened offices I London and New York.On its trading pairs, Bitstamp is currently focused on providing access to the most popular cryptos. Its trading market features Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple (XRP).

Creating a New Account

Creating a new account on BitStamp is quite straight forward. It requires fewer verification processes hen compared to other exchanges.

Step 1 – visit www.bitstamp.net


 
The homepage is as shown above. Bitstamp is ready for business, hence your first point of contact on the page will be the ‘Get Started’ button, click on it to kick-start your registration process.

Step 2 – Creating your account


As seen above, the title of the tab is titled ‘Open Your Free Account’. The fields on this tab require that you fill in your original names, your email address and your country of residence. It is advisable that you use an email address that has not suffered previous malware attacks. Also, do take few minutes of your time to peruse through the Terms of Use and the privavcy policy of the exchange website. This will prevent you from making mistakes and it will also keep you informed. After the filling the necessary requirements, click on register.

Step 3 – Email Confirmation


When you eventually click on the ‘REGISTER’ button, the tabe shown above will pop up, notifying you that an email containing your customer ID and password. The format of the email is as shown below;

After retrieving the ID and password from your email, go back to the homepage of Bitstamp but this time click on the log in button. The member log in tab is show below. The password that will be sent to you will be kind of complicated, so to ease your registration, just copy and paste it on the password tab. As you can see in the mail, emphasis is laid on the need to change your password after you have successfully logged in.

Step 4 – Change You Password


You do not need to hover around pages to change your password as you are immediately prompted to change your password once you log in. Under ‘Current Password’, type in the password that was sent to your email, and if you had copied it before, just paste it. The field that follows after that is the one for your new password and for retyping that same password. Note that your password must contain a minimum of one lower case and one upper case character alphabetical characters. And it must have one numerical character. If your password does not in any way correspond with these conditions, you will receive an error notice prompting you to comply.
After you change your password, another email will be sent to you.

Step 5 – Log in again


When you change your password, you will be redirected to the login page. Stick with the original user ID that was initially sent to your email, but use your new password. Click on the ‘log in’ button and voila; you have registered for Bitstamp. You can thereafter proceed to linking your bank accounts with your new account.

HOW T0 OPEN A BITPANDA EXCHANGE ACCOUNT

What is BitPanda?


 
BitPanda started in 2014 as Coinimal GmbH, and since its inception, it has gone through a series of rebranding which eventually made it evolve to what it is today. It has over the yearsgrown into Europe’s leading retail broker for Bitcoin, Ethereum, OITA and more. Plus it boasts of over Nine hundred thousand (900,000) users globally.
Bitpanda according to expert traders and data available is one of the fastest exchange platform there it. It is relatively reliable as it provides a streamlined user experience, and gives users more control over their portfolios. Bitpanda also enables new users to buy and sell cryptocurrencies easily. In terms of security, BitPanda as a company has one of its building blocks in security. And to cap it all, with BitPanda, you can create as many cryptocurrency wallets as you need. These wallets range from the normal Bitcoin wallet to other wallets provided by other altcoin projects. BitPanda is a Fiat to Cryptocurrency trading platform, this means that you can link your bank account tur Bitpanda account. And you can purchase cryptocurrencies using payment options like Mastercard, Sofort, Giropay, eps, etc. The trading fees are relatively cheap with a lifetime offer of free transfer fee for transfer of funds within the BitPanda platform. That is, transfer from one BitPanda account to another is free.
Let us quickly run through a step-by-step guide on how to open a BitPanda account.
 

STEP 1: Go to www.bitpanda.com

On the header of the Homepage as shown above, click on “sign up” which would immediately direct you to the registration page.
Note that If you are making use of a mobile device, quickly download the free mobile app on google play store or apple store depending on your device type a continue with the steps, but if you prefer using your browser go to www.bitpanda.com
 

On your mobile device, click the “Menu button” On the top-right-side of the homepage to show a dropdown menu
 

Click on “sign up” which also would immediately direct you to the registration page.

STEP 2: Registration

On the registration page, write your email address in the space provided, solve the captcha correctly and click on “Register” as shown below
 


STEP 3: Confirm Your Email Address

To continue your registration, an email will be sent to the email address you entered in “step 2”, clink on the link provided by BitPanda as shown below.

 
By clicking the link, you have therefore confirmed your email address, then you will be directed to a page where you will finalize your registration.
 

STEP 4: Finalize Your Registration

In this step, you are required set your password. Here, you are advised to use a secure password with at least ten (10) characters that contains at least one uppercase letter, one lowercase letter and one number.
You are also expected to read the Terms and Condition and accept it. Then click on “Finish Registration”

 

STEP 5: Log into Your Account

By clicking “Finish Registration” you will receive a confirmation indicating a successful registration, you can now login to your account. You are to use the email address and the password you set during registration to log in.
Solve the required captcha correctly and click on “log into account”

Once you log into your account, you will be redirected to your cryptocurrencies wallet (Bitcoin, Ethereum, dash and Litecoin) where you can use your BitPanda wallet sell coin after verification and you can start buying currencies by creating a deposit addresss.

HOW TO CREATE A NEW ACCOUNT ON BIBOX

Bibox is a cryptocurrency exchange that was founded by a group of people from Chinese blockchain giants that were either early Bitcoin enthusiasts; Venture Capitalists, established businessmen, Artificial Intelligence experts, professional security exchange traders and high tech angel investors of the industry.
 

Why Choose Bibox?

Bibox as an exchange platform paired with BTC, USDT, ETH and DAI. It is one of the few full Articial intelligence enhanced digital asset exchange. As stated by the team at the helms of affairs, the goal of Bibox is to provide a quantitative analysis and computation of the trading market of cryptocurrencies. Currently, Bibox is a crypto – crypto exchange platform, but there are currently some plans set in motion to introduce fiat currencies in the exchange.
Although the features of Bibox in comparison with other exchanges aren’t that much different, people still wonder how exactly they use artificial intelligence. Nobody has been able to decrypt how exactly Bibox is incorporating artificial intelligence into its system, and the people at Bibox have refused to let the public know.

Creating a new account on Bibox

Step 1: Go to Bibox’s at www.bibox.com
 

At the top left of the homepage is the ‘Sign up’ blue button. Click on it to proceed with registration.
Note: You will have to bookmark this homepage because there are sites that are familiar with this site. And when you get a link on your email, you have to check the URL of the website and check for the secure certificate; this will save you from scammers.

Step 2: Sign Up Process

Opening a Bibox account is a very simple task and it does not take much time.
 

 
As seen above, all you need to enter is your email address and any password of your choice; it must be a strong password containing 8 – 20 characters. Don’t check the box that signifies that you agree with the privacy policy until you have read them. Read the ‘User Agreement’ also, and if you are in tune with all that is inside, then you can check the box and proceed to click on the ‘Sign up’ button to submit your details. Immediately you submit these details, a confirmation message will be sent to your main with a link for you. Go to your mail box, click or copy and paste the link on your browser. It will take you back to Bibox, requiring you to fill in your username and password. Once you have submitted your details, it will take you to the homepage of your account.
 

Step 3: Verification – 2-Factor Authentication (2FA)

In Bibox, three different types of verification are made available. These are SMS Authentication, Google Authentication and Funds Password. It is therefore recommended that you carry out the three verification processes before you start using your account. This is strictly for security purposes.
 

 
To proceed with the processes, hover your mouse to the top right hand side that has your email on display, this is called the account information tab. The steps for verification are shown in the tab that will pop up. And as you can see below, the first step is downloading the Google Authentication app from respective application stores. The next step is to add the secret key and scan the QR code with the Google Authentication app. Before scanning, ensure that you write your secret key on a piece of paper as an external back-up resource. You will thereafter see a 1-minute 6-digit changing code, this code needs to be inserted any time you log into your account.
 

When you finish the security/verification process, then you have completed the basic setup of your account. Next up is funding your account.

Step 4: Funding Your Account

The interface of Bibox is user friendly with up to date layout. When you click on the Funds in the top left corner of your homepage, you will see all the available crypto coins for trading. These coins are ranked according to how popular they are.
 

When you choose from the coins on the list, you will be redirected to the trading screen. From this you can see the chart of your chosen coin and the book of order. However, before you can see this chart, you will have to give the Google Authentication code that you got from the previous step.

Which is the best Cryptocurrency Wallet?

Do you want to know about Crypto wallets? Are you confused about Crypto wallets?
If your answer is yes then this article is for you.
Just like our pocket wallet where we store our physical money, debit cards, credit cards, and other necessary cards, same like that crypto wallet is a wallet developed for virtual currency which will help you to send and receive Cryptocurrency.
Crypto wallet is made to store private keys. So what are Private keys? Let me explain, private keys are long hexadecimal codes which are known only to you and your wallet.
Private Keys must be matched with the public keys so that it gives you an authority to spend your Crypto. In a very simple words, Crypto wallet is a wallet which will help you to store tokens and coins at once.
Crypto Wallets are of five types and it is highlighted below:

  1. Hardware Wallet
  2. Paper Wallet
  3. Desktop Wallet
  4. Mobile Wallet
  5. Web Wallet

There are different wallets present in the Crypto world. I am going to provide you detail about top 7 Crypto Wallets in the world and it is highlighted below:

1.Uphold Digital Money Platform:

(Image Resource: uphold)

Uphold Digital Money Platform is a web wallet which allows you to send and receive 8 popular cryptocurrencies. It supports Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Bat Coin, Dash, Bitcoin Gold, Ripple, and Voxels. This digital wallet was established in 2013 and it was founded by a Halsey Minor and its headquarter is in Charleston. It not only support cryptocurrencies but also allows users to exchange more than 20 flat currencies and four precious metals. It is free to sign up and create a wallet in Uphold digital currency platform but you have to pay deposit and withdrawal fees.

2.Ledger Nano S Wallet:

(Image Resource: ledger nano s)

Ledger Nano S Wallet is a hardware wallet which supports Bitcoin, Ethereum, Ethereum Classic, Litecoin, Dash, STRAT, Bitcoin Cash, Bitcoin Gold, and many other cryptocurrencies. It also allows its users to store a bevy of Altcoins. The co-founder of Ledger is Thomas France. Ledger Nano S wallet is a hardware wallet which can be connected to the computer via USB. The cost of this Crypto wallet in Ledger website is about 79 Euro (Excluding VAT).

How to use Ledger Nano S wallet?

If you have this question then you must have to follow the following steps to send or receive the payment with Ledger Nano S wallet.

  1. At first, you have to connect your ledger Nano S wallet to the computer via USB cable.
  2. Now you have to select or choose a pin code.
  3. You must have to backup your recovery phrase.
  4. Now you have to install Ledger application.
  5. Now you can send or receive payments.

 

3.TREZOR: 

(Image Resource: trezor)

TREZOR is another hardware wallet which was the first wallet to store bitcoin. If you are planning to store a large amount of bitcoin then I will suggest you TREZOR wallet because it is safe, easy, and convenient. TREZOR is a small device which will connect to the computer via USB cable. TREZOR also supports other Cryptocurrencies such as Ethereum, Ethereum Classic, Litecon, Dash, Zcash, Bitcoin Cash, and many other cryptocurrencies and tokens. TREZOR is one of the expensive Crypto wallets, its cost starts from 69 Euro to 229 Euro, it may not be suitable to the one whose budget is tight and who don’t want to spend more.

4.Keepkey:

(Image Resource: keepkey.com)

Keepkey is another hardware wallet which is a very good choice if you need offline bitcoin storage. This Crypto wallet was launched in 2015 which is very easy, and simple to use. The founder of this Crypto wallet is Darin Stanchfield. Keepkey is an HD wallet which allows you to generate and store the numerous number of private keys. Keepkey supports Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, Namecoin (NMC), and Dogecoin (DOGE). Keepkey can easily run on Windows, Mac, and Linux operating system.

5.Electrum:

(Image Resource: Electrum Homepage)

Electrum is a desktop wallet which is created in 2011. The founder of this Crypto wallet is Thomas Voegtlin. Electrum is one of the fastest and lightweight desktop wallet which is free. You can download it for Windows, OSX, and Linux operating system. This desktop wallet is also available for Android users in Play Store but it is not available for iOS users. Electrum supports bitcoin only, you cannot store other cryptocurrencies. If we talk about its safety then Electrum is one of the most secured Crypto wallets in the world. It allows you to set up 2 factor authentication. It also allows you to store private keys offline in a hardware wallet.

6.GreenAddress:

(Image Resource: greenaddress)

GreenAddress is a web wallet which was founded in 2013. This is the web wallet so you do not need to purchase any offline storage wallet, it will save your money. One of the most important features of this Crypto wallet is about its security. It allows its users to set up 2-factor authentication, and multi-signature functionality. This Crypto wallet needs third party approval before making any payments which is one of the big drawbacks of this wallet. You can easily run this wallet in the Google Chrome app and it is also developed for iOS and Android users. Same as Electrum GreenAddress also supports bitcoin only.

7.Bread:

(Image Resource: bread homepage)

Bread is a mobile wallet which is very simple, easy, and very convenient. Bread wallet was established in 2015 by two people named Aaron Voisine, and Adam Traidman. Previously this Crypto wallet was called BreadWallet, Bread is a very popular wallet which supports only Bitcoin, it is available for both Android and iOS users. If we talk about its security then there is a huge problem. It will not provide sufficient security, it lacks 2-factor authentication and multi-signature functionality. So if you are more concern about security and you want to secure your funds then this wallet is not the best option for you.
Therefore above are some most popular and top Crypto wallet currently available in the Crypto world. You must have to do a detail investigation and research before choosing or selecting the wallet.

Do you want tips to store your Cryptocurrencies Safely?

If your answer to this question is yes then here are the top tips to store your Cryptocurrencies safely:

  1. Enable 2-factor authentication: Always check whether your wallet has 2-factor authentication feature or not. If there is this feature then enable it because it will provide more safety to your funds.
  2. Use Strong Password: I have seen many users using a simple password. Don’t make this mistake, use a very strong password so that no one can even guess it. Try to make your password at least 16 characters long.
  3. Use Hardware wallet: Always use hardware wallet because it is very much safe and secured compare to other four wallets. It is better to store your all coins or tokens offline rather than storing in a web or desktop wallet.

Thus, above are some tips and tricks to secure your Cryptocurrencies.
In a conclusion, Crypto wallet is a wallet which helps you to store the tokens and coins and allow you to send and receive a payment. There are different Crypto wallet present in the world. Some wallets is free whereas some needs payment. You must choose the wallet according to your needs. 
 

【References】
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