BITCOIN FOR BEGINNERS! How to Setup Your Bitcoin Wallet Fast and Easy! #Best Education Page #Online Earning

Do you want to learn about bitcoin,

and how to have a bitcoin wallet?

Hello everyone! This is Aiza Mercado

and welcome back to Earn Money with Aiza!

Today I'm feeling so fluffy

and cute for today.

Since there are a lot of you who requested

about bitcoin for beginners video

and on how to have a bitcoin wallet.

Here it is, I will finally grant your wish!

But anyway if you're new to my channel

please consider subscribing because I'm videos and

tutorials on how to earn money online and of course

please like this video too

join our load give away every video upload.

So now let's talk about what is bitcoin?

So this is bitcoin

as you can see it has letter B sign

but this one is only a replica, has no value

but this is nice for like souvenir

and for instagram upload.

So as you can see here bitcoin is

a cryptocurrency. It's a digital currency

without a central bank

so basically this bitcoin

is like gcash, paymaya

but not fiat money

bitcoin is bitcoin and every bitcoin has its own value.

As of now February 2, 2020

the current value of bitcoin is

467,071.06 pesos!

Bitcoin was invented by unknown person

who's named was Satoshi Nakamoto

we also don't know who really was him but definitely

he will not reveal who really he was!

Whoever is Satoshi Nakamoto

you're so genius for making bitcoin

and because of what you did we now got a new currency!

Bitcoin has its own unit

which we call satoshi,

satoshi is the structural part of bitcoin

or cryptocurrency, 1 satoshi is equivalent to

0 thats is 7

so here you will start in 0 point

then you will count up to 7

1234567 then 1 okay

that's the value of 1 satoshi

10 satoshi

okay 1 bitcoin is equivalent to

100,000,000

satoshi. And the

0.0001 btc is equivalent to

10 thousand satoshi.

We have a lot of sources of information

about this in the internet and this is just

a brief

video on what is the background

or history of btc!

Then next thing we will talk about is the value

of bitcoin, okay so for today

let's go to google

we can convert here the value of bitcoin that you have

like for example

0.001 btc can be converted into php

so 0.001 btc as of today

is equal to 466.97 pesos

okay you can

also convert it into usd

the value 0.001 btc is 9.18 us dollar

I prefer that

you should research more about bitcoin

you search more through google

and through youtube it has a lot of video

for bitcoin for beginners

so now if you're looking for a legit bitcoin wallet

it has a lot here in philippines and international

I will recommend to you coins.ph

coins.ph has more like

filipino users

but it is also available in other country

but more on asia

but later I will show you the wallet that I'm using for

international, which is the abra wallet.

In coins.ph you will automatically get

50 php if you sign up and verify your id

you can see it here is

limits and verification on how we will verify you account

level one should you must

verify your phone number and email

there you go

and it's cash in is 2,000 pesos

but has no cash out

but don't worry if receive or send

bitcoin it has no limit.

But you will not able to cash out,

take note of that

level 2 you must upload an id

for verification

and selfie

in id part you must submit a

government ID and you should hold

your id and then take a selfie

level 3 you will verify your address

which you must submit

a proof of billing that you really lived their.

and level 5 is the business verification

in here you will submit

permits, proving you really are using

coins.ph in your business.

Here in your dashboard

in your wallet you will see here your crypto asset

it has a Philippine peso here

btc, xrp,

bch and ethereum

and if you're asking on how we can cash in

in coins.ph it has a lot of methods

just go to cash in.

then how would you like to cash in

you can use palawan, western union, m-lhuillier

union bank, cliqq

or 7 evelen stores or in online banking transfer

over the banks we can also use remittance center,

department store, 7 eleven good thing here

gcash and qiosk payments are also available

it has so many ways if you want to cash in here.

Okay for example in 7/11

just go to a 7/11 outlet and if you pay

it will automatically enter in you account

in here they will ask you the desired

amount you want to cash in

like for example 1,200 pesos

it will have a fee of 24 pesos

and click next step.

Then this

QR code you will show this

to their cashier for scanning or

you can go to cliqq

and all you have to do there is

put the phone number that you're using

in coins.ph

next, what will we do after

we cash in, okay number 1 we can buy load here.

And the very good thing here

is it has a 10% cashback if you buy a load here

like for example

you bought 100 pesos load

so 10% of it is 10 pesos

we can also pay bills here

so coins.ph is also a utility wallet and not just

a bitcoin wallet.

Let's talk about all of it

before we proceed in btc.

Okay in utility bills

it also has 5 pesos cashback

and here you will choose your bill type.

company name, due date

and many more, in bill type we pay through credit card,

broad band

insurance, telecom, water utilities

good thing is

you will suffer in falling in line for you to

pay bills, right? Next is

we can buy here

game credits, you love playing it has also

cashback.

and they still

has a lot of services, it has travel

promo, remit, entertainment,

coins.pro which is a trading platform

of coins.ph. I don't usually

use coins.pro

because it always has maintainance

everytime bitcoin price drop or rise

and the very highlight of this video is

the buying of btc.

Alright if you're done

cashing in and you want to buy btc

it's so easy we will just convert it.

Okay in php, if you have balance here

all you have to do is convert

click convert

and put here the amount you cant to convert

like for example 100 pesos

your 100 pesos if you convert it to btc

you will have an amount of

21, 000 satoshi or

0.0021078 btc

then click convert.

There you go, back to my wallet. Then is successful

So here as you can see it has already entered.

Okay next is on how you will get a btc wallet address

if you will use a desktop you will get a wallet address

by clicking QR code up here

but before you will have it

first step, click BTC

and go to wallet address

okay show btc wallet address and there you go

you can now get your btc wallet address

nice thing in coins.ph is that

you will only have one bitcoin wallet address

unlike other wallet if you receive

it will change again, unless here

you will able to familiarize the first and last

letter of your bitcoin wallet

because you will not memorize everything since

its too long.

So basically what we did is on

how we will recieve a btc

so on how we will send

as you can see here it has send option

and then you must ask first

on the btc wallet address on the person you will be

sending money.

Okay so amount, put here how much you will send

then to

this is where you will paste

the btc wallet address of your receiver, take note that if

it's coins.ph to coins.ph it will have no transaction fee

but if you will send it to other wallet

then it will not be free anymore

so what is for

you can say, "for my debts"

like that and you will choose a transaction fee

you can choose low

if you want

lower fee but expect that

you will not receive it immediately

in medium, it's normal.

In high it has higher fee

but for sure you will receive it immediately

okay then

click continue and continue

here you will put the verification code

that is send in your email

or if you're using two way authentication code

much better, just out it there.

Then I understand, okay basically

that's how to send

and receive btc from

other people.

Okay here in php, if you want to get philipppine peso

and not bitcoin, you can also do it

just click receive or the QR code

and this is now a peso wallet address, and take note

that php and btc

is just the same, because a lot of people

are asking me

what if I put a php wallet

will I still get my pay-out? So my answer is

YES. Because php wallet

is technically your btc wallet address also.

Next is on how you will

cash out here.

If you want to take out

or withdraw all your money inside coins.ph

it has a lot of ways on how, just go here

then here it has a lot

like remittance of course like LBC,

palawan express, m-lhuillier

you can cash out directly in your bank accounts

here are some of their partner banks.

In e wallets, we can also cash out

like in g-cash and paymaya, but

the usual cash out that I'm using here

in coins.ph is through bank

because I prefer it

to go directly in banks

because it has no fee and no hassle

you just have to withdraw.

Unlike in LBC, palawan or m-lhuillier you will have to go to

the store to get the money.

So this is the basic information on what is btc,

bitcoin, satoshi

and on how we will receive money

usig coins.ph, next is

abra wallet, my recommended wallet for international.

The good thing in abra wallet is that

it does not have a web or browser link

but it has an

application that can be found is google playstore.

This is actually

the wallet that I'm currently using right now because

this crypto currency wallet

has no limit, unlike in coins.ph

your limit depends on what level you have verified, and

has limits on how much

you can cash in in your account.

And if you're asking on how you wil earn free

btc, just check my channel

how to earn free bitcoins and altcoins

I have a lot of uploads here

and some are 100% free

for beginners, I prefer that you must

start in free because I also started their

and if you're able to earn enough

you can start investing

I also have a lot of video in investments.

You can check it in my channel

legit long term investment, you can visit it

but take note

that I'm not a financial adviser and all the things that

I'm discussing in my video are base on my own

experience on investing in that platform

okay this is the end

of our video tutorial for today

it took so long

but i hope this video help you on what

really is a bitcoin and on how

we will get a bitcoin wallet address.

Don't forget to like this video

and subscribe to my youtube and telegram channel

for more apps and tutorials on where

we can earn our money online.

Then again thank you for watching stay cool,

and wealthy. My name is Aiza Mercado

and see you on my next video on bitcoin.

Have a great day!

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