How To Put Money On Your Bitcoin Account

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NEW YORK, NY ( TS Newswire ) -- 24 Oct 2020

How To Put Money Into Your Bitcoin Account
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There has been a spike in the number of cryptocurrency scam (bitcoin scam, especially), binary options scam and forex scam in recent years. There are a lot of fraudulent cryptocurrency investment websites, as well as fake binary options and forex brokers. A lot of investors have lost (are still losing) money to these bitcoin cryptocurrency and binary options forex investment scams.
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D.) Inform Your Crypto Wallet Provider: Contact your bitcoin wallet or crypto wallet and notify them that the company you paid is a scam and is refusing to give your money back. This will raise awareness and ultimately jeopardize any scams relationship with the crypto wallet which may also help prevent others from being scammed.
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Who needs to hire a bitcoin recovery expert? Anyone who has lost cryptocurrency funds in any form of a hack, shut down and/or hacked exchange, ransomware, ransoms, fake ICOs or who simply has lost funds by sending them to the wrong address. Did you lose lose access to your account by losing your bitcoin private key or, did you lose money to fake bitcoin miners?
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Have you been misled and scammed by Online Trading, Binary Options / Forex or Cryptocurrency? It is time to recover the money you lost with Binary Options! Once you know how scammers work and all their tricks, then it is almost certain you will get your money back. There are networks of interconnected specialists and firms which is 100% operational and worldwide.
This networks knows how to follow and recover your money, making sure it is refunded. If you got hurt by one of those scammers, please contact one of the recommended recovery experts with the form urgently, we assure you that you will get your money back within a short period of time. Let us examine 2 ways to recover money lost to binary options;
A.) Get Your Money Back Through a Chargeback: If youve fallen victim to a binary options scam then the easiest way to get your money back is through something known as a chargeback. A chargeback is a way of claiming your money back directly via your card-issuer or bank & its very effective.
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Here are a few quick important points about chargebacks:

On this website, you can sell Bitcoins in two ways- through online bank transaction. Bitcoin withdrawals and deposits must be enabled to get started. You can deposit up to $10,000 worth of bitcoin in any 7-day period. Depending on network activity, it can take hours before transfers into or out of your Cash App are confirmed on the blockchain. Steps to Add Money into a Blockchain Wallet: 1. Step 1: First of all create a Blockchain Wallet. Step 2: verify email address and create your free wallet now. Step 3: Blockchain wallet will generate a unique bitcoin and Bitcoin Cash address.

You can use a chargeback even if the company has since closed down
Typically you must make a chargeback within 120 days of when you first noticed the problem
Visa has an overall chargeback cut off date of 540 days from the date you initially sent the money

B.) Hire a Funds Recovery Expert to Recover Money Lost to Binary Options Forex: Since I spent a lot of time exposing these scam binary systems & brokers over the past couple of years Ive had a lot of people whove been involved (and burned) by binary options systems reach out to me for help.
To this day I still get emails from people, but what Ive noticed recently is a trend of people asking me about specific binary option recovery companies that claim they are dedicated to helping binary options victims to get their money back.
Now these companies certainly can help, but a chargeback is actually something you can do yourself (and its fairly straight forward too). Im going to show you exactly how you can do it right here in this blog post & if you feel confident you can attempt to handle the case yourself.
Hire Funds Recovery Experts to Recover your Lost Funds and Get Money Back from Binary Options Forex
So if you decide you would like the help of a third party company, then theyd be my top pick but if youre feeling confident about tackling it yourself then you need to initiate a chargeback via your card issuer to attempt to get a refund.
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A lot of people have gone through our training on how to make their first purchase of Bitcoin, and then how to use that Bitcoin to buy other specific altcoins.

But there is one last piece to this puzzle missing.

And that is how to add Bitcoin to your offline or hardware wallet.

This step is extremely important.

When you first buy any sort of cryptocurrency, you most likely are using an exchange to do so.

There are other ways to purchase Bitcoin, like using a Bitcoin ATM machine, but 99% of people will be using an exchange to get their hands on this digital gold.

But there is a risk to this.

The Risk Of Leaving Your Bitcoin On An Exchange

The risk is that you are leaving your Bitcoin open to attacks from hackers and thieves.

What you must understand is that when you sign up to an exchange, your account is associated with cryptocurrency public addresses.

This means that you have your own destination that you can share with others to send and receive Bitcoin and other cryptocurrencies.

How to find your public address is pretty much the same for every exchange, so if you know how to find it on one, you’ll easily be able to find it on any other one.

So, as an example, here is how you find your Bitcoin public address on Binance:

You go to the top right corner and hover over “Funds.”

Then click “Balances”.

This then brings you to a page of all of the cryptocurrencies available for purchase on the exchange.

Assuming we want to know our Bitcoin public address, type in “Bitcoin” in the search bar.

Then click “deposit”.

Here is where your Bitcoin public address is.

If you bought Bitcoin through Binance, this is where your Bitcoin would be sent.

If you also bought Bitcoin on another exchange – let’s say Coinbase – and wanted to send it to Binance so you could purchase another cryptocurrency with it, this is the address you would copy and paste to do so.

How To Put Money On Your Bitcoin Account

But there is a problem with this.

The problem is that you only have access to this address: your PUBLIC address.

But you DO NOT have access to your PRIVATE address.

This is why you NEVER want to leave your cryptocurrencies on ANY exchange.

Think of your private address as the password to your bank account – if someone knows what it is, they can simply login in and drain your account.

I’m not saying that anyone at Binance has access to your private key, but what I AM saying is that your private key is stored online.

And YOU don’t even have access to it.

And this is a huge problem.

You should never store your Bitcoin, altcoins, or any other cryptocurrency in a wallet that stores its private key online.

Especially not an exchange wallet.

So what you have to do is deposit your Bitcoins into an offline (hardware) wallet.

The first step in doing so is to actually get yourself a hardware wallet.

Bitcoin Hardware Wallets That Are Safe To Deposit Your Funds

The 3 most popular, highly-praised hardware wallets in terms of safety in adding Bitcoin to are:

These wallets are top of the line and are the highest-security hardware wallets money can buy.

What Information Do I Need To Add Bitcoin To My Hardware Wallet?

Okay, so now you bought a hardware wallet.

Great!

The next step to secure your Bitcoin is to add it to your hardware wallet public address.

The wallet that I personally use is the Ledger Nano S.

So I will use this as an example.

How To Put Money Into Your Bitcoin Account

Now, before we get into how to actually do this, let’s understand one thing:

Sending and receiving Bitcoin between wallet addresses is universally the same process.

What I mean by this is that depositing your Bitcoin from your Kucoin exchange wallet to your Trezor wallet is the same process as depositing Bitcoin from your Cex.io wallet to your KeepKey wallet, which is the same process as depositing your Bitcoin from your Coinbase wallet to your Ledger Nano S wallet.

This is because, in every instance, all you need are the same two pieces of information:

Your login credentials
The public address of the destination wallet

If you have both of these things, you can successfully add Bitcoin from your online wallet to your offline wallet.

Funding Your Bitcoin Account And Adding It To Your Wallet – The Entire Process

Now it’s time to figure this whole process out.

How do I go from having my money in hand, to buying Bitcoin with it, and then adding that Bitcoin to my wallet?

This is how you do it.

For this example, I’m going to use one of the most popular exchanges and one of the most popular hardware wallets.

We will be taking our Bitcoin from our online Coinbase wallet, and depositing it into our offline Ledger Nano S wallet.

1. Buy Bitcoin On Coinbase.

So, obviously, the first thing you have to do is actually buy the Bitcoin.

There are many places you can buy Bitcoin from, but for the purposes of this example, let’s say we use Coinbase.

We actually have a full, step-by-step walkthrough of exactly how to buy Bitcoin on Coinbase.

We will continue on, assuming you have gone and read this article.

2. Locate Your Ledger Nano S Public Address.

Now that we have actually made our Bitcoin purchase, it is now time to take it off of the exchange and place it in our safe, offline wallet.

To do this, we must find the public address of our hardware wallet.

For the Ledger Nano S, this how you find it:

Go to the Ledger Wallet website and download the Ledger Wallet Bitcoin & Altcoins.

Then, plug in your Ledger Nano S.

When you plug the Ledger Nano S into your computer, this screen will show up:

Here, it will ask you if your Bitcoin address is Segwit or Legacy.

For fear of going too far down the rabbit hole here, simply select “I don’t know” for now.

We will explain the difference between Segwit and Legacy addresses in a future article.

Next you will see this screen.

How Do You Make Money With Bitcoin

Click “receive.”

Here, it will display your public Bitcoin address.

This is the wallet address that you will be adding your Bitcoin to.

3. Fund Your Wallet By Depositing The Bitcoin To This Public Address

Now that you have the public address of your destination offline wallet, you have to go to Coinbase and send the Bitcoin to it.

Note that I have bought $100 worth of Bitcoin in order to show you how this transaction works (a little less because of the transaction fees and volatility).

On your Coinbase dashboard, go to “Accounts”.

You’ll see the total amount of Bitcoin in your Coinbase wallet on the left.

We want to send the Bitcoin from this wallet to our Ledger Nano S wallet.

Click “send”.

Here is where you copy and paste your Ledger Nano S public address.

Keep in mind that, as I said, this process is the same for all exchanges.

You simply find the specific cryptocurrency you are trying to fund your offline wallet with, and then click either “send” or “withdraw”.

Most exchanges actually saw “withdraw”.

But the option is the same.

Two areas typically pop up when you do this:

The destination public address
The amount you are sending

That’s all the information your have to put it.

You just need to know the public address of the wallet you are funding, and the amount you wish to send.

In this case, I’m just going to send the entire amount.

Click “continue”.

4. Confirm This Transaction Via Email

How To Get Cash For Bitcoin

Depending on the exchange, there may be a verification email sent to you in order to confirm this transaction.

This is simply an added security feature in order to make sure it is actually you that is sending the money.

Once you find this email and click “confirm”, the transaction is final.

Now all you have to do is wait for the funds to be added to your wallet!

This can take anywhere from a couple minutes up to an hour.

So don’t freak out or stress if you don’t see your wallet funded right away!

The funds are on their way and will be deposited shortly.

If you prefer video, here is a great video detailing the steps of transferring bitcoin between wallets:

Adding Bitcoin To Your Wallet: Closing Remarks

And that’s it!

You have officially sent, received, and successfully funded your Bitcoin wallet!