Thursday 27 July 2017

Transaction in Bitcoin Exchange

You may have got the certain information regarding the bitcoin exchange in India. Now you may be looking for the further process done by the exchange. The transfer of your funds and the process of buy and sell bitcoin in India. 

There is no physical print of bitcoin, you can not see or touch bitcoin. They are the electronic transaction or the currency (digital currency). The bitcoin transaction is recorded on the chain and of a different address. You can store you bitcoin in bitcoin wallet with the exchange. 

If you are looking for the best bitcoin rate in the best bitcoin exchange in India. Try to look out for the bitcoin exchanges such as coinsecure, zebpay, bitxoxo and unocoin. Try to avoid the cash trading or buy and sell bitcoin in India. It can be risky and the transaction cannot be traced y any mode.
 
How the transaction by bitcoin exchanges work?

There are three stage process for the transaction using bitcoin exchange in India.

1. Input: Input is the bitcoin address used for making transaction. The transaction sends by a sender to receiver.

2. Amount: The amount of the bitcoin that has been sent.

3. Output: Output is the address of receiver on which the transaction has been made.

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