I have noticed that a lot persons find this part a little bit challenging, I hope this will help anyone be able to create a bitcoin account and use it for payment and withdrawals in MMMunited.
If you are yet to sign up, use this link https://goo.gl/s08YJu
Bitcoin Account: (Using layman's terms and simple analogy)
It is a digital currency and operates just the way we have our physical currency, but the good thing is you can convert one to the other and vice versa, thus you can change your naira to bitcoin and bitcoin to Naira.
Why we use bitcoin is because it is a genaally and widely used online currency. Bitcoin is just the way we have our naira, so you store your bitcoin in different wallet called Bitcoin Wallet just the way we store our Naira in different banks.
The way we have our Bank account numbers and can transfer from one bank to the other is the way we have Bitcoin account numbers called bitcoin ID or Wallet ID or Wallet account and you can transfer from one to the other.
While you bank account number is a 10 digital figures, you bitcoin ID is a long alphanumeric character that begins with 1, which you may not be able to cram, you only copy and save somewhere and use it to receive payment only.
Example of a bitcoin ID is 1AQjvpdDkK2jhud6CY9Twfq5b4wrgKweK8 (this belongs to one of my account, so am waiting for your alerts.. Lol)
The way we have physical banks for naira like UBA, GTB etc is the same way we have digital banks for bitcoin like Bitx.co, Blockchain.info etc.
Personally I use blockchain.info for my transactions and I will teach you how I do it, I registered my MMM account with my Blockchain bitcoin ID, just the way some of us registered in MMM Nigeria with different banks and Account numbers.
How to get a bitcoin ID:
Very simple: Go to blockchain.info click on sign up, create your account and fill in required details and go to your email for confirmation. After registering, login in with your details, click on account and fill in your local account details, hover around the system you will see a "receive" button click on it and you will see your Bitocoin ID, (You can generate several of this but they are all linked to your account), copy and save.
To be able to fund and withdraw from bitx, you will need to do upload certain documents, like your National ID, International passport ever, and confirm your phone number. If you login, you will understand how this is done. Once they have verified your account, you can now have full access and be able to use the site to its fullest maximum(in Fall voice..lol)
If you need a Blockchain.info account, same way but this one is easier cos it doesn't require document verification. You can equally get your bitcoin ID here following same procedure as in bitx.
Funding your Bitcoin account: After you have created a bitcoin account, there are several ways in which you can fund, most Wallets you will see the Bitcoin Dollar equivalent, I know that 1 bitcoin is equivalent to $730 dollas as at when this post is made or so but this shouldn't be much of your attention/worry when funding. Your attention should be on the Dollar to Naira conversation rate.
Buying bitcoin:
We have some individual and company bitcoin merchants, I can recommend some here, all you need to do is just negotiate with them on how much Dollar you wish to buy not bitcoin( except you are ready to be doing plenty calculations), assume the person is selling $1 for N530, that means $100 dollar will be sold for N53k, send the money into his account and the person funds you the $100, log into your bitcoin account, you will see the Dollar and it's Bitcoin value automatically. In some platforms you may toggle to see the Dollar/bitcon balance.
Buying from Bitx.co and other platform, after you registered and confirmed your account here. Login and click on "fund" you will be directed to their payment site and their bank, they use IBTC bank and accept only transfer...follow the procedure and copy the account number and do the tranfer, once your payment is confirmed, you bitx naira account will be funded. If you need bitcoin, just click on buy and naira will be converted to bitcoin, you can still convert again to naira, this is done mostly if you want to withdraw, some persons do subtle bitcoin trade in this platform, they buy when $ and sell when low, but that is not the aim here.
Once you have a bitcoin ID login into your MMM United account, go to account, click on add, copy and paste your bitcoin ID in the space for Bitcoin there and save. Whenever you gh, blockchain will send you alert in your email on the payment amount. (Will give screenshots for who needs). Then log in to confirm your gh.
Same way if you Ph and you are marched login into your bitx account, copy the Bitcoin ID of the person you are to provide help to, go back to your blockchain, click on send, a page will appear paste the person Bitcoin ID you copied, type the amount you wish to pay and complete the payment.
I can sell directly to individuals that need it and they pay into my account. There are other platforms you can sell through and get your money in your account like
Instantsgold.ng,
standardgoldng.com,
enaira.com,
topupgold.com, etc. But I'm ok with naira4dollar for now.
Join MMM United HERE
For more information , whatsapp me on +2348130410069
