Hey guys, 

So I just setup a Bitcoin account and got it verified.

Could someone please explain the trading process to me if its not too hard?

 

How do I receive Bitcoin?

How to I send Bitcoin?

How long will it take to convert my Bitcoin into cash in my bank account?

which wallet do you have?

find that out and then use google or youtube guides. We live in 2k17 . Good luck!

6 minutes ago, Butta said:

which wallet do you have?

find that out and then use google or youtube guides. We live in 2k17 . Good luck!

So if I have a different wallet from someone else, will I not be able to trade with them?

 

Btw my wallet is Unocoin.

9 minutes ago, Zultan said:

So if I have a different wallet from someone else, will I not be able to trade with them?

 

Btw my wallet is Unocoin.

All bitcoins wallets work with each other!
You just need each other's address to send/receive.
Bitcoin payments are pretty much instant, however it may take several minutes to get confirmations.
Yeah, Google is friend.

10 minutes ago, Zultan said:

So if I have a different wallet from someone else, will I not be able to trade with them?

 

Btw my wallet is Unocoin.

You have an address like "13vQBwKCRSHGbBU2PfDi1g89PHZwQWdjb6" You give this to other people and they will be able to send you btc.

Unocoin is an online wallet I think, so you'd just log in there and find the place where you can send your btc.

It's good practise to have a wallet that isn't hosted on a website as websites are prone to getting pwnt

22 minutes ago, Zappster said:

You have an address like "13vQBwKCRSHGbBU2PfDi1g89PHZwQWdjb6"

 

Inb4 that's your address and you're hinting to send you money  

2 hours ago, Solution said:

Inb4 that's your address and you're hinting to send you money  

Random one from the blockchain lol

Next discussion: how to do bitcoin transactions anonymous.

There should be a send button to send bitcoin and a buy/sell button to buy and sell btc.

2 hours ago, Prolax said:

Next discussion: how to do bitcoin transactions anonymous.

Step 1. Mine your own bitcoins

Step 2. Send bitcoints

14 hours ago, Zappster said:

Step 1. Mine your own bitcoins

Step 2. Send bitcoints

What about receiving bitcoins anonymous?

2 hours ago, Prolax said:

What about receiving bitcoins anonymous?

Step 1. Create new BTC address

Step 2. Give that to someone to send btc too

Edited March 1, 20178 yr by Zappster

29 minutes ago, Zappster said:

Step 1. Create new BTC address

Step 2. Give that to someone to send btc too

I was looking for something like bitlaunder. Where bitcoins aren't directly send to your Bitcoin address.

50 minutes ago, Prolax said:

I was looking for something like bitlaunder. Where bitcoins aren't directly send to your Bitcoin address.

If you're being serious about it, then yes I guess bitlaunder would work. Any kind of bitcoin tumbler would work. 

The idea is to send BTC to multiple addresses so it can't be easily tracked. Using a 3rd party tumbler still deanonymizes you since they know the origin and destination of the btc. If you're that paranoid you will need a constant stream of btc to act as junk data and time to make a tumbler of your own.

Edited March 1, 20178 yr by Zappster