With the ever increasing value of Bitcoins, it should come as no surprise that there are literally dozens of crypto trading platforms being released into the market, on a near day to day basis. However, one has to be careful when using such services, as in recent months, there have been many cases where such Bitcoin related services have turned out to be scams.
What Is GoBitcoin?
Go Bitcoin can essentially be thought of as an “online crypto converter” that also serves as a news source for all the happenings in the world of Bitcoin. Through its use, customers have the power to convert their fiat currencies into either Bitcoin (BTC) or Bits (two of the most popular investment scales of the moment).
In terms of its usability, we can see that Go Bitcoin allows its customers to make use of varied currencies such as the Euro, Dollar. In addition to this, it also supports the utilization of local currencies such as Real, Yuan, Pound, Rupee.
Other key aspects of this service include:
Easy Balance Retrieval:
Through the use of Go BitCoin, users can very easily check the balance of a specific address, by simply inputting the details into one of the provided fields.
QR Code Generator:
The platform makes use of its personalised QR Code Generator that allows for enhanced encryption and security (thereby allowing us to always know where are funds are being used).
There are two widgets that users can choose from: Price Widget and Chart Widget. Both of them allow for the incorporation of Bitcoin prices and charts to any webpage of our liking.
Protection against “Attack 51%”:
A 51% attack is a ‘potential threat’ that some people claim can destabilize the bitcoin network.
Other Important Details To Bear In Mind Regarding Go Bitcoin
Inbuilt Conversion Tool:
This platform uses its own conversion software that allows for easy and seamless exchange of various cryptocurrencies into fiat assets, and vice versa.
Operates in Real Time:
GoBitCoin performs all of its transactions in real time, thereby providing customers with the best conversion rates and investment returns. To further elaborate on this point, we can see that the prices that are displayed on the home screen, are updated every minute from exchange platforms such as Coinbase and BTC-e (via Blockr.io).
How Do I Sign Up For GoBitcoin?
Go BitCoin is a completely free service that anyone can use by simply visiting the website. However, before making any transfers or investments via this platform, one should carefully go through the website, and learn the ins and outs of this service. For any queries or doubts, users have been asked to get in touch with company representatives at [email protected]