CHECK THE BOTTOM PART OF THIS GUIDE FOR INFORMATION
ON A BONUS FOR SIGNING UP UNDER MY REFERRAL LINKS!!
This guide is here to help explain
Cex.io
and how to buy gigahash (or gh/s). Gigahash is a increment of
processing power used to determine a Bitcoin Miner's pull on the
network. In short the more gh/s you have the more Bitcoin your going to
be making through mining. Cex.io is a new type of Bitcoin commodity
exchange where a user can trade Bitcoin in for more gh/s. What's better
is that the gh/s a user buys is used for mining right away to generate
more Bitcoin. Also the gh/s can be traded back and like any other
commodity has a fluctuating value; so if you play your cards right you
can make Bitcoin off of that alone.
I know what your thinking by now. The gh/s you buy is just a number on a
screen and some of the more dedicated miners aren't savey with just
having that. They want the power in there hands, in other words they
want the hardware that is making the gh/s their selves. Don't worry
Cex.io has an answer for that through hardware redeeming. Once you have
purchased enough gh/s you can redeem it for the hardware that would run
normally run it. The hardware get's shipped to your house were it is up
to you to maintain and handle it.
Enough explaining what Cex.io is and on to the guide!
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What is Bitcoin? Click
here
First thing's first your going to need a Bitcoin wallet if you don't already have one try
here.
Now navigate to
Cex.io create an account and you will end up with a page that looks like this:
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This is the Cex.io landing page, there is all kinds of useful
information here. Such as, the current price of gh/s and charts to help
with trading; ongoing transactions, and pending transactions. At this
point you are going to want to click the big blue button that says "Fund
Account" and you will end up on the next page which is
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This is your Funds page,
The red area shows your
Bitcoin address for cex.io. Not to be confused with the address in the
image, although you can send as much Bitcoin to that address as you'd
like . This address is for funding your account so you would want to send some bitcoin to it to get started trading gh/s. The
green area is where your funding will show up, again not to be confused
with what is pictured. It will show you how many confirmations you have
left (Cex.io requires 3) before your funds are credited to your
account. Once that is done you are ready to buy some gh/s and at
this point your going to want to click the Trade tab at the top of the
page.
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This is the same page as the landing page but now you have some sweet sweet Bitcoin to spend on gh/s!
The
red area is where you want to go for buying gh/s. You can type in how
much gh/s you want to buy in the left box and what price you want to buy
it for in the right. The price in the right box always shows you what
the going rate is on the market for gh/s however you can change the
price to what ever you want. Once you
have set your buy for gh/s it will show up in the green area. This is
the pending transactions section where your buys wait for someone to
sell the amount you want at your given price. Once that has happened you will get notifications in the corner of your screen like the image below:
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The red area is the purchase of gh/s being completed. The green area shows my awarded amount of bitcoin from my gh/s working that I just purchased!
I hope this guide helps out with understanding and using the Cex.io
platform. If you have any questions feel free to ask and I will answer
them the best that I can.
That is pretty much it, if you want to check on your gh/s at work or any
other advance setting you can click the Ghash.io button at the top. I
might talk more on Ghash.io in a later guide.
*Update*
Also just some info I found out:
-Everything is done with 0% fees EXCEPT for withdrawing Bitcoin.
-To withdraw Bitcoin it cost 0.001 which is about .18$ at the moment
Yinero
If
anyone is interested in a "start-up" of bitcoin you can PM me how much
your looking for. I am selling at the price of Mt.Gox and only accept
paypal.
Supplies are limited.
|
Yinero
PAYMENT PROOF!
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*Note of Payment Processing*
When I authorized my payment to my wallet it asked me to check my email
for a verification email to process the payment. The email never showed
and it turned out to be the email providers problem.
I ADVISE TO ACTIVATE TWO-FACTOR SECURITY ON YOUR ACCOUNT TO PROCESS PAYMENTS WITHOUT THE EMAIL. To do this:
- Go to your profile
- Follow the activation instructions under two-factor authentication
- When processing a withdraw enter in your two-factor code to skip the email verification.