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Prypto
Prypto is known as a brand for "Keeping Crypto Simple" by offering bitcoin scratchcards to resellers. Its client base is those who are new to bitcoin or those who want to try it out. Prypto sponsors all major bitcoin events, releases videos on how bitcoin can help their customers, and specializes in turnkey blockchain solutions.
Articles & Books From Prypto
Article / Updated 12-21-2021
Two types of bitcoin exchanges are in use: peer-to-peer and regular. Regular bitcoin exchanges use an order book to match, buy, and sell orders between people. However, neither the buyer nor the seller has any idea who the other party is, and this provides all users with a certain level of anonymity and privacy protection.
Article / Updated 07-01-2021
There is more to a bitcoin wallet than just the address itself. It also contains the public and private key for each of your bitcoin addresses. Your bitcoin private key is a randomly generated string (numbers and letters), allowing bitcoins to be spent. A private key is always mathematically related to the bitcoin wallet address, but is impossible to reverse engineer thanks to a strong encryption code base.
Article / Updated 07-09-2019
With bitcoin, trust has to work on both sides. Even though you as the user are always in control of your own finances, you still have to trust the rest of the bitcoin network to not drop off the face of the earth tomorrow.
The chances of bitcoin disappearing are so slim that it isn't something you should worry about.
Article / Updated 07-05-2017
Bitcoin is changing the way people think about money by planting a seed of doubt in people's minds — in a positive and thought-provoking way. Mind you, given the financial crises over the past decade, it's understandable that some people are trying to come up with new and creative solutions for a better economy.
Article / Updated 08-29-2016
The most important aspect of bitcoin may be the concept behind it. Bitcoin was created by developer Satoshi Nakamoto. Rather than trying to design a completely new payment method to overthrow the way we all pay for things online, Satoshi saw certain problems with existing payment systems and wanted to address them.
Article / Updated 08-29-2016
A certain level of anonymity is tied to using bitcoin and digital currency in general. Whether you can label that as "anonymous enough" is a personal opinion. There are ways to protect your privacy when using bitcoin to move funds around, but these require some effort and planning:
You can generate a new address for every individual transaction.
Article / Updated 08-29-2016
A bitcoin exchange is the currency's equivalent of the services offered by banks or other regulated institutions that allow currency exchange — commonly known as FOREX transactions.You may have an account at the bitcoin exchange where you hold funds in your local currency and you use that account to trade for bitcoins.
Article / Updated 08-29-2016
In order to properly use a bitcoin exchange, you will need to complete a "Know-Your-Customer" (KYC) verification procedure. This process sounds a lot scarier than it really is, even though you are obligated to submit some very delicate information related to you as a person.
Step 1: Confirming your phone number
The first step is verifying your mobile phone number.
Article / Updated 08-29-2016
Bitcoin exchange rates to and from a country's physical currency may vary quite a lot. Not only do rates depend on the time of day during which you're looking to make a trade, but there's a massive difference between various exchange platforms.The bitcoin exchange business is very competitive in nature, and every platform is looking to attract as many customers as possible.
Article / Updated 08-29-2016
One of the first things you should keep in mind when you consider storing your bitcoins on an exchange platform is that it involves quite a lot of security risks.
It goes against the very ideology of bitcoin to use middlemen and be dependent on centralized services and platforms. And even though these exchanges deal in decentralized digital currency, the platforms themselves, like banks, still represent central points of failure, which makes them incredibly vulnerable to attack.
