Always with you - Xapo

/r/Bitcoin FAQ - Newcomers please read

Welcome To The /Bitcoin Sticky FAQ

Maybe you're here because you've received a tip on social media, or maybe you've just been hearing a lot recently about Bitcoin and are wondering what the big deal is? The following videos are a good starting point for understanding how bitcoin works and a little bit about its long term potential:

What are Bitcoins worth and where can I buy them?

Bitcoins are valued at what market price people are willing to pay for them. Here are a couple useful sites 1 and 2 that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just google "1 bitcoin in (your local currency)".
You can buy or sell any amount of bitcoin (from as little as $1 worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank account. Some recommendations include:
US & Europe
Australia
China
All countries
Always do your own personal due diligence on the validity of an exchange and check the URL prior to sending them money or entering login credentials. Phishing sites are not uncommon. Use this checklist if you aren't sure which exchange to choose.

Where can I spend Bitcoins?

A comprehensive list can be found at TheBitcoinPage.com but some of the key ones are below:
Store Product
Microsoft Xbox games, phone apps and software
Spendabit and The Bitcoin Shop Search engines of online retailers accepting bitcoin with millions of results
Overstock Everything under the sun
Gyft Gift cards for thousands of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, etc.
Reddit Gold Premium membership which can be gifted to others
NewEgg, TigerDirect and Dell For all your electronic needs
Expedia, Cheapair and 9flats For when you need to get away
Wordpress, Namecheap, Mullvad and PIA Handy web services
Foodler and Takeaway Takeout delivered to your door!
HumbleBundle and GreenmanGaming For when you need to get your game on
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. UK residents can find a comprehensive directory of shops, pubs, websites and other places in the UK that accept bitcoins at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross and the RNLI. You can find a longer list here.

Merchant Resources

If you operate a business and want to accept bitcoin as a payment method, there are several options available:

Can I mine bitcoin?

Mining bitcoins can be a fun hobby but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The friendly folks at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network, you can run a full node by hosting the blockchain and propagating transactions. Here is a handy setup guide

Securing your bitcoins

With bitcoin you can be your own bank and personally secure your bitcoins or you can use trusted companies such as Coinbase and Circle which have secured wallets where they hold the bitcoins for you and provide insurance. Be sure to only deal with reputable companies, if you have any concerns about a company's trustworthiness just ask or check their consumer reviews and ratings.
If you prefer to have direct control over your coins without having to use a trusted third party you can use personal wallets for desktops / laptops, Android and iOS where you alone hold your private keys. Electrum, Mycelium and Breadwallet are popular, but there are many options.
Find a wallet that works best for you
For increased security use Two Factor Authentication (2FA) everywhere it is offered, including email! (2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access). Google Authenticator and Authy are two great apps for handling 2FA.
Additional security systems such as Mycelium Entropy (for printing multi-signature paper wallets) and the Trezor Hardware Wallet are great ways to easily secure your coins. Or, you can opt to secure your bitcoin using cold storage.
Note: Do not use brainwallets unless you are an expert, they are known to be vulnerable to theft unless set up correctly.

Earning bitcoins

Just like any other form of money, you can earn bitcoins by working for them. Here are a few resources for bitcoin jobs.

Tipping

Bitcoin Units

Note: This is a brief overview to the most commonly used Bitcoin units. For full information check out the Bitcoin Units wiki (work in progress).
One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common ones are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (ml) or millimeter (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μl) or micrometre (μm)
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
Still have questions? The friendly folks at /BitcoinBeginners would be happy to help you out. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending mod approval. The original sticky can still be found here.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BashCo to Bitcoin [link] [comments]

Most Bitcoiners don't read reddit. Look out for them! Open your phone's app store, give Xapo a 1-star rating, and explain why.

Most Bitcoiners don't read reddit. Look out for them! Open your phone's app store, give Xapo a 1-star rating, and explain why. submitted by udiWertheimer to Bitcoin [link] [comments]

How to obtain and create account in "XAPO Bitcoin Wallet & Vault" Android App

How to obtain and create account in submitted by ososru to Bitcoin4free [link] [comments]

How to obtain and create account in "XAPO Bitcoin Wallet & Vault" Android App

How to obtain and create account in submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

How to obtain and create account in "XAPO Bitcoin Wallet & Vault" Android App

How to obtain and create account in submitted by Rufflenator to 3bitcoins [link] [comments]

EARN FREE BITCOIN ON XAPO OR COINBASE USING EX FAUCET APP

EARN FREE BITCOIN ON XAPO OR COINBASE USING EX FAUCET APP submitted by ososru to Bitcoin4free [link] [comments]

EARN FREE BITCOIN ON XAPO OR COINBASE USING EX FAUCET APP

EARN FREE BITCOIN ON XAPO OR COINBASE USING EX FAUCET APP submitted by Rufflenator to 3bitcoins [link] [comments]

/r/bitcoin now conspiring to flood Xapo app review pages with negative reviews.

https://twitter.com/udiWertheimestatus/917874864886820866
submitted by karljt to btc [link] [comments]

How to get your Bitcoins out of Xapo without running their app on your phone

How to get your Bitcoins out of Xapo without running their app on your phone submitted by _jstanley to Bitcoin [link] [comments]

Xapo launches bitcoin wallet apps for iOS and Android

Xapo launches bitcoin wallet apps for iOS and Android submitted by waspoza to Bitcoin [link] [comments]

How to get your Bitcoins out of Xapo without running their app on your phone

How to get your Bitcoins out of Xapo without running their app on your phone submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Most Bitcoiners don't read reddit. Look out for them! Open your phone's app store, give Xapo a 1-star rating, and explain why.

Most Bitcoiners don't read reddit. Look out for them! Open your phone's app store, give Xapo a 1-star rating, and explain why. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

/r/bitcoin now conspiring to flood Xapo app review pages with negative reviews. /r/btc

/bitcoin now conspiring to flood Xapo app review pages with negative reviews. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] Most Bitcoiners don't read reddit. Look out for them! Open your phone's app store, give Xapo a 1-...

The following post by udiWertheimer is being replicated because some comments within the post(but not the post itself) have been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/75oht3
The original post's content was as follows:
https://twitter.com/udiWertheimestatus/917874864886820866
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

XAPO Android and IOs Apps updated for Bitcoin Cash withdrawals (Not active yet) /r/btc

XAPO Android and IOs Apps updated for Bitcoin Cash withdrawals (Not active yet) /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anyone else having problems with Xapo app? /r/Bitcoin

Anyone else having problems with Xapo app? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

New App To Faucet Bitcoin Xapo Instant

New App To Faucet Bitcoin Xapo Instant submitted by BitcoinAllBot to BitcoinAll [link] [comments]

First Look: Xapo Bitcoin Mobile App

First Look: Xapo Bitcoin Mobile App submitted by BitcoinJobBoard to Bitcoin [link] [comments]

02-12 13:17 - 'Best App #Faucet #Bitcoin Pay Instant To Wallet #Xapo' (play.google.com) by /u/nadirii removed from /r/Bitcoin within 566-571min

Best App #Faucet #Bitcoin Pay Instant To Wallet #Xapo
Go1dfish undelete link
unreddit undelete link
Author: nadirii
submitted by removalbot to removalbot [link] [comments]

Any Coinbase, Xapo or Uphold user willing to beta test an iOS app? /r/Bitcoin

Any Coinbase, Xapo or Uphold user willing to beta test an iOS app? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

02-06 16:07 - 'New App To Faucet Bitcoin Xapo Instant' (play.google.com) by /u/nadirii removed from /r/Bitcoin within 25-30min

New App To Faucet Bitcoin Xapo Instant
Go1dfish undelete link
unreddit undelete link
Author: nadirii
submitted by removalbot to removalbot [link] [comments]

Micro Earnings • New App To Faucet Bitcoin Xapo Instant 2017

submitted by btcforumbot to BtcForum [link] [comments]

Xapo video How to sell bitcoins Xapo App Xapo  Monedero en tu Celular  Bitcoin How to send bitcoins into and out of Xapo account Melhor App Para Ganhar Satoshi Na Coinbase bitcoin

Xapo. Improving banking for you. We’re excited to announce Xapo is expanding beyond Bitcoin to create an international digital bank. Coming your way is a groundbreaking and exclusive private banking service—our newest and most powerful platform yet. During this transition our web app will not be available. Xapo wallet is a web-based Bitcoin wallet that users can access either on a mobile app or online. It offers a provision to store most funds in deep cold storage vaults while keeping the rest in a Xapo gives you the power and protection to be more and do more with your money. Download the app to buy bitcoins, send money across the globe and store your funds safely. Bitcoin isn’t just a cryptocurrency, it’s an opportunity to democratize money and empower people everywhere. We make it easy and safe to buy, manage and store your bitcoins. For everything that #MattersMost. Xapo isn’t just an app, it’s a mission to help everyone in the world live a better life. It’s about breaking down barriers The Xapo App is a mobile Bitcoin and multi-currency wallet that combines convenience and industry-leading security for managing your Bitcoins and sending money to friends and family instantly all over the world! Features • Xapo Wallet: Functions just like a checking account for managing daily spending.

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Xapo video

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