5 Apps for Those Wanting to Explore the Bitcoin World

The term bitcoin is something that is not widely understood by those not in the business or financial sectors. Bitcoin currency came to be in 2008. It is the digital asset and payment system that is produced by people – the developers. The digital money is used in a virtual community, similar to the way currency is purchased for PC games like World of Warcraft for use on a specific platform.

Zebpay

Given that understanding how bitcoin works was a common struggle. Zebpay was developed to help make understanding bitcoin language and uses easier. The app allows mobile device logins and requires a 4-digit pin when making transactions for user safety. Another safety feature of this app is that bitcoin addresses are hidden. This helps prevent the currency from being lost and stolen. Other bitcoin application developers are learning how Zebpay is gaining ground and becoming an industry leader.

Coinbase

Coinbase is designed to help bitcoin wallet users track their digital currency, view balances, and complete instant exchanges. There is also an option to set up recurring purchases on a weekly or monthly basis. The app is available on both Android and iOS operated mobile devices. As the digital currency revolution gains popularity, it is seen as a trend that will become more widely used globally for secure transactions.

The app also has a section for those that want to accept bitcoin payments. An account can be setup to allow payments to be made from anywhere. Transaction fees are kept low, with zero fees being charged until you have accepted $1 million in bitcoin payments.

Bitcoin Miner

Bitcoin mining is something that makes big profits. The app is designed to use hashes (tasks), which is an opportunity to make a profit. Using this app, you can connect with others and create a mining pool. Mining pools increase profits and add value to hashes. The high-value hashes are called shares.

Some features of this app include:

• Viewable balances
• Profitability reports
• Fast share submission
• Night mode
• BPU & CPU mining
• Mining pool support

If you choose to use this app to create a mining pool, it is suggested that you do so with a written, notarized, and signed contract in place. Whenever more than one person is working to make a profit, legalities always need to be taken care of first.

ChangeTip

ChangeTip was developed by a U.S. company to help residents transfer U.S. dollars and virtual bitcoin currency using iPhones. The iOS app is designed to allow web users to identify posted links as tip-worthy. A $0.25 tip is sent to the content creator. Percentages are divided among those that post the content. With this app, you can tip anyone in the world using a safe and secure platform.

Tips are categorized in value or you can customize your tip. For example, if you select to tip the "beer" that converts to a $3.50 USD tip. Each tip type has a set value.

CounterParty

CounterParty makes using bitcoin both fun and easy. You are able to create a smart contacts list, watch your assets, and use the Counterparty XCP currency system. The XCP system is in place to help execute contracts. Assets can be exchanged on their platform in a peer-to-peer transaction. Counterparty has had fun with Crypto and the bitcoin exchange market by innovating methods to trade safely on the bitcoin blockchain system.

The fun of this game is hunting and planting treasures for others to find. The bitcoin treasures can be hidden anywhere across the globe.

Bank for Bitcoin Deposit Available

Depositing bitcoin into a bank account has only been made available recently. There is an average of 122-percent yields coming from virtual mining operations, which has made traditional banks resistant because this type of currency acts as competition for them. You can now use a legitimate online banking system, from WB21, to withdraw and deposit bitcoin.

In June, a press release was published announcing that WB21 is the first digital bank accepting bitcoin deposits. There are 18 different currencies accepted for exchanging national currency for bitcoin through this financial institution. The deposits and exchanges are made in real-time.

Closing Thoughts

These apps make it easier to work with bitcoin currency. In some apps, you don't really have to understand how bitcoin works; the app does everything for you. What you will notice is that there are very few fees associated with using bitcoin currency; in fact, some fees are pennies on the dollar. Now that bitcoin can be accepted by an actual bank for deposit, the demand for the unregulated currency is expected to increase.