Why Bitcoin Users Manage Their Funds Online (And What Apps They Use)
By Brihanna Watson On 12 Aug, 2017 At 04:04 PM | Categorized As iPhone | With 0 Comments

We are well and truly in the age of the bitcoin. The online currency – which is anonymous, encrypted and regulated – has boomed in popularity since its conception by illusive inventor, Satoshi Nakamoto. With the bitcoin boom so too came the rise in popularity of bitcoin apps that bitcoin users use to manage their online funds. So what apps are these bitcoin aficionados using to manage their cryptocurrency? Allow us to enlighten you.

First and foremost, to use bitcoin, you need a bitcoin wallet. Bitcoin wallets are essentially the bitcoin equivalent of your bank account. Here you’ll store, send and receive your bitcoins all in one handy place. Bitcoin wallets come in two different types, software wallets – like Coinbase or Blockchain – and hardware wallets like Ledger Nano S. Software wallets usually come in the form of apps that you can download onto your phone or desktop. Hardware wallets are physical tools that you plug into your computer to use.

If you want to buy with bitcoin, you need access to the ultimate bitcoin marketplace app, Gliph. Using Gliph, you can buy and sell items from all over the world quickly and easily via bitcoin. Gliph also has an excellent messaging system whereby you can message individual vendors, buyers or group members regarding your transactions. The real beauty of Gliph messaging is its emphasis on privacy. With it’s ‘Real Delete’ function,  when you delete a message on the app, it’s deleted from both sides of the conversation, as well as from the server.

Whilst there are perks to keeping your currency solely online, sometimes you need cold hard cash in your hand. To transfer their online bitcoins into the ‘real’ deal, bitcoin users use Spare. Calling itself a ‘mobile ATM network’, Spare allows users to transfer their bitcoins into cash quickly and easily using their community based cash network. When a user wants to exchange their bitcoins, they select the amount of cash they need, locate the nearest Spare merchant cashier – usually a local shop – and then collect their payment in person – it couldn’t be easier!

As bitcoin’s popularity started to rise, so too did the popularity of bitcoin online casinos. Such casinos give bitcoin users the opportunity to win big – or small – using their online currency. As bitcoin is used entirely online, it’s easy to quickly transfer bitcoin funds if you’re on a surprise winning streak… or make an abrupt exit when your luck starts to dwindle. Like bricks and mortar casinos, finding a good bitcoin online casino can be tricky, not least because there are so few of them around.

Bitcoins are well and truly here to stay so if you haven’t already, why not download a few these apps and start using this wonder cryptocurrency today?

 

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Brihanna Watson

About - Brihanna has been a tech fanatic and computer nerd nearly all her life. When she isn’t chasing around kids or glued to her iPhone, she is updating app junkies like herself on where to find the latest go-to apps. Twitter & Tumblr @brihannajoi

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