APK Download Apps Business XeBitcoin 1.0

XeBitcoin 1.0 APK

1.0 / July 24, 2016
XeBitcoin Corporation
Business
(3.1/5) ()
XeBitcoin 1.0 screenshot 1 XeBitcoin 1.0 screenshot 2 XeBitcoin 1.0 screenshot 3 XeBitcoin 1.0 screenshot 4 XeBitcoin 1.0 screenshot 5 XeBitcoin 1.0 screenshot 6 XeBitcoin 1.0 screenshot 7 XeBitcoin 1.0 screenshot 8 XeBitcoin 1.0 screenshot 9 XeBitcoin 1.0 screenshot 10 XeBitcoin 1.0 screenshot 11 XeBitcoin 1.0 screenshot 12

Description

Xebitcoin.com is an online exchange&trading platform, You can buy and sell Bitcoin with Rupiah.Buy andSell Bitcoin Easily in Asia.
Bitcoin is a form of digital currency, created andheldelectronically. No one controls it. Bitcoins aren’t printed,likedollars or euros – they’re produced by people, andincreasinglybusinesses, running computers all around the world,using softwarethat solves mathematical problems.

What makes it different from normal currencies?
Bitcoin can be used to buy things electronically. In thatsense,it’s like conventional dollars, euros, or yen, which arealsotraded digitally.

However, bitcoin’s most important characteristic, and thethingthat makes it different to conventional money, is that itisdecentralized. No single institution controls the bitcoinnetwork.This puts some people at ease, because it means that alarge bankcan’t control their money.
Who created it?

What are its characteristics?
Bitcoin has several important features that set it apartfromgovernment-backed currencies.
1. It's decentralized
The bitcoin network isn’t controlled by one central authority.Everymachine that mines bitcoin and processes transactions makesup apart of the network, and the machines work together. Thatmeansthat, in theory, one central authority can’t tinker withmonetarypolicy and cause a meltdown – or simply decide to takepeople’sbitcoins away from them, as the Central European Bankdecided to doin Cyprus in early 2013. And if some part of thenetwork goesoffline for some reason, the money keeps onflowing.

2. It's easy to set up
Conventional banks make you jump through hoops simply to open abankaccount. Setting up merchant accounts for payment isanotherKafkaesque task, beset by bureaucracy. However, you can setup abitcoin address in seconds, no questions asked, and with nofeespayable.

3. It's anonymous
Well, kind of. Users can hold multiple bitcoin addresses, andtheyaren’t linked to names, addresses, or other personallyidentifyinginformation. However…

4. It's completely transparent
Bitcoin stores details of every single transaction thateverhappened in the network in a huge version of a generalledger,called the blockchain. The blockchain tells all.
If you have a publicly used bitcoin address, anyone can tellhowmany bitcoins are stored at that address. They just don’t knowthatit’s yours.
There are measures that people can take to make theiractivitiesmore opaque on the bitcoin network, though, such as notusing thesame bitcoin addresses consistently, and not transferringlots ofbitcoin to a single address.

5. Transaction fees are miniscule
Your bank may charge you a £10 fee for internationaltransfers.Bitcoin doesn’t.

6. It’s fast
You can send money anywhere and it will arrive minutes later,assoon as the bitcoin network processes the payment.

7. It’s non-repudiable
When your bitcoins are sent, there’s no getting them back,unlessthe recipient returns them to you. They’re gone forever.

So, bitcoin has a lot going for it, in theory. But how doesitwork, in practice? Read more to find out how bitcoins aremined,what happens when a bitcoin transaction occurs, and how thenetworkkeeps track of everything.
A software developer called Satoshi Nakamoto proposed bitcoin,whichwas an electronic payment system based on mathematical proof.Theidea was to produce a currency independent of any centralauthority,transferable electronically, more or less instantly,with very lowtransaction fees.

Register now to gain the optimal experience in TradingBitcoin!

App Information XeBitcoin

  • App Name
    XeBitcoin
  • Package Name
    com.wXeBitcoin
  • Updated
    July 24, 2016
  • File Size
    Undefined
  • Requires Android
    Android 2.3 and up
  • Version
    1.0
  • Developer
    XeBitcoin Corporation
  • Installs
    100 - 500
  • Price
    Free
  • Category
    Business
  • Developer
    Visit website Email [email protected]
  • Google Play Link

XeBitcoin Corporation Show More...

XeBitcoin 1.0 icon
XeBitcoin 1.0 APK
XeBitcoin Corporation
Xebitcoin.com is an online exchange&trading platform, You can buy and sell Bitcoin with Rupiah.Buy andSell Bitcoin Easily in Asia.Bitcoin is a form of digital currency, created andheldelectronically. No one controls it. Bitcoins aren’t printed,likedollars or euros – they’re produced by people, andincreasinglybusinesses, running computers all around the world,using softwarethat solves mathematical problems.What makes it different from normal currencies?Bitcoin can be used to buy things electronically. In thatsense,it’s like conventional dollars, euros, or yen, which arealsotraded digitally.However, bitcoin’s most important characteristic, and thethingthat makes it different to conventional money, is that itisdecentralized. No single institution controls the bitcoinnetwork.This puts some people at ease, because it means that alarge bankcan’t control their money.Who created it?What are its characteristics?Bitcoin has several important features that set it apartfromgovernment-backed currencies.1. It's decentralizedThe bitcoin network isn’t controlled by one central authority.Everymachine that mines bitcoin and processes transactions makesup apart of the network, and the machines work together. Thatmeansthat, in theory, one central authority can’t tinker withmonetarypolicy and cause a meltdown – or simply decide to takepeople’sbitcoins away from them, as the Central European Bankdecided to doin Cyprus in early 2013. And if some part of thenetwork goesoffline for some reason, the money keeps onflowing.2. It's easy to set upConventional banks make you jump through hoops simply to open abankaccount. Setting up merchant accounts for payment isanotherKafkaesque task, beset by bureaucracy. However, you can setup abitcoin address in seconds, no questions asked, and with nofeespayable.3. It's anonymousWell, kind of. Users can hold multiple bitcoin addresses, andtheyaren’t linked to names, addresses, or other personallyidentifyinginformation. However…4. It's completely transparentBitcoin stores details of every single transaction thateverhappened in the network in a huge version of a generalledger,called the blockchain. The blockchain tells all.If you have a publicly used bitcoin address, anyone can tellhowmany bitcoins are stored at that address. They just don’t knowthatit’s yours.There are measures that people can take to make theiractivitiesmore opaque on the bitcoin network, though, such as notusing thesame bitcoin addresses consistently, and not transferringlots ofbitcoin to a single address.5. Transaction fees are minisculeYour bank may charge you a £10 fee for internationaltransfers.Bitcoin doesn’t.6. It’s fastYou can send money anywhere and it will arrive minutes later,assoon as the bitcoin network processes the payment.7. It’s non-repudiableWhen your bitcoins are sent, there’s no getting them back,unlessthe recipient returns them to you. They’re gone forever.So, bitcoin has a lot going for it, in theory. But how doesitwork, in practice? Read more to find out how bitcoins aremined,what happens when a bitcoin transaction occurs, and how thenetworkkeeps track of everything.A software developer called Satoshi Nakamoto proposed bitcoin,whichwas an electronic payment system based on mathematical proof.Theidea was to produce a currency independent of any centralauthority,transferable electronically, more or less instantly,with very lowtransaction fees.Register now to gain the optimal experience in TradingBitcoin!