Bitcoin purchase in under 60 minutes, safe as a German Bank account and still have full control? Sounds too good to be true? That was, until recently, too. However, the German crypto-Startup Bitwala does exactly now with his new App.
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Bitcoin: more control, more risks
“Be your own bank.” is a much even a saying in the crypto-scene, particularly among Bitcoin Fans. What is meant is the desire to be 100% himself to dispose of his or her money. Without an intermediary such as a Bank has its Finger in the game. This is the real existence-the legitimacy of Bitcoin.However, as the saying goes: “Who has rights also has obligations.” With the desire to have more control over his money, a higher responsibility is associated accordingly. This automatically brings risks.All crypto-currencies rely on cryptography, which means that you have to have a cryptographic “key”, called the “Private Key” to his Token access. As long as it is not stolen as the only has he, or is lost, everything is good. But how many times have you heard of those Unfortunate enough to not have been paying attention to your Private Keys correctly, and currencies will now no longer have access to your Crypto have?And who leaves his Token on the respective exchange, on which he has bought, it can happen with such bad luck that it will eventually be hacked once. Even then, the money is gone and the past shows many examples of this.
Bitwala minimizes risks with new App
Normally, you would minimize, if you’re a technology Freak, interested in currencies only to the technical background of the Cryptographic such risks. Exactly you can do with the new Bitwala App and at the same time all the advantages of Bitcoin and co. benefit.The new Bitwala App tries to combine the best of the traditional financial world, with the advantages of crypto-currencies like Bitcoin for the users. So users can be able to open a checking account with everyday banking transactions done. What makes the App of Bitwala, however, is able to buy the function with the built-in Wallet and also Bitcoin and co. to.Did you know it already? On eToro you can 15 different crypto-currencies directly or as a CFD with a lever action. Benefit from a high user experience, low minimum Deposit, Social Trading and a wide range of Assets. A judge today for a free Demo account with$ 100,000 and put it to the test!
Our developers have worked for months very hard to provide our users the best possible App experience. We are especially proud that we have reduced the time for account opening for new customers. The entire registration process is integrated for the first time, without a break of Media directly in the App. Anyone who is already a customer, you can integrate the daily Bank transactions – whether in Bitcoin or euros – now even easier in everyday life.
Cash withdrawals are also possible
The account opening should be completed in about 60 minutes and the App to work. Without the day long Wait on the Post, as usual. In addition, there is a Mastercard Debit card, you can withdraw about 40 million ATM worldwide free of charge cash.Beneficial compared to other providers, where you can buy crypto-currencies 2 points are: first, you can enjoy by the current account German legal security, and secondly, in addition to the crypto on the purchase, all of the other financial transactions that occur on a daily basis so.Of course, but that’s not da only one. Uniquely, the App also has a built-in Peer-to-Peer function. With this, the amounts can be sent very quickly to family and friends. Despite Bitwala as a service provider, for the purchase of the crypto-man currencies, according to Bitwalas in the sole possession of his Private key, and so in spite of all the advantages of the traditional financial world, the advantage of complete control over his money.
Bitwala as the German flagship crypto-Startup
Bitwala was founded in 2015 and is today located in the capital city of Berlin. The function of the current account of the Solaris Bank, a German banking license and the BaFin is supervised.The self-proclaimed goal of the company from Berlin is to hit no less than a bridge between the traditional financial world and the crypto world. Through its new App, the company provides a complete solution for all, who want to buy Bitcoin and co., and at the same time your remaining finances with the App, want to rules.How do you buy your Bitcoin? How do you see the new Bitwala App? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. [Image Source: Shutterstock]