Trading Cryptocurrency (Specifically Bitcoin) - through Zebpay or Unicoin

Disclaimer:

1. Only invest the money that you can afford to lose.
2. Get in only if you are ready to invest into the cryptocurrency for at least for 6 months.
3. The system is pegged against the trader. There is a difference between the buy and sell price of bitcoins on any exchange. There are additional service charges, GST and other charges on top of it. This is applicable to both the purchase and sale of the cryptocurrency.
4. Due to the condition 3., it will be a loss to run with every fluctuation in the price. Give it a couple of months as there is a lot of volatility in daily and weekly numbers.

Trading with an exchange like Zebpay or Unicoin.

• Open an account with Zebpay or Unicoin type exchanges.
• Send money to their generic bank account as stated on your (Zebpay or Unicoin ) account.
• Login to your Zebpay or Unicoin website and provide the transaction number from the transfer to the specific order that you placed with the website.
• Once the website people verify the transaction number and other details, your money will reflect on your account.
• Buy the Bitcoins and the balance will reflect on your account online.

Important things to remember to keep your investment safe

• Because the private key for your online account is with the website and not with you, it is not safe. It is advisable to move it to a different address that you control. To do that see, “Opening a secure bitcoin address” below.
• Send your bitcoins from your exchange account to your secure bitcoin address. Hold the bitcoins in this address until you decide to sell out. To do that see, "How to sell the bitcoins that are lying in your secure bitcoin address" below.

Opening a secure bitcoin address

• Go to https://www.bitaddress.org
• It will start creating an address for you. You will need to move your mouse around to increase the randomness of your account.
• Once the percentage reaches 100%, the site will give you two barcodes. You can print and save the detail.
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• The information on the left is the bitcoin address that you can share with anyone to send you the bitcoin. This is the public key. You will observe that it is tagged as Share. You can use either the bar code or the 34 digit alphanumeric. Anyone who has this can send you bitcoin or see how much bitcoin was sent to this address.
• The information on the right is the Private Key for your address. Anyone who has this will be able to see the balance, transfer or sell your bitcoins. Either the barcode or the 52 digit alphanumeric can be used to gain access to the address.
• The moment you generate the Bitcoin address and Private Key, you are supposed to keep the Private Key safe offline (print it on a plastic sheet and store it in a bank locker – if you can J  )
• This means that only you have complete control over this address.

How to sell the bitcoins that are lying in your secure bitcoin address

• Login to your cryptocurrency exchange account.
• Go to the settings option that allows you to sweep the private keys. This is different for different exchanges.
• You will need to provide your Private Key for the secure address (that you had printed and probably saved in your bank locker).
• This will give the exchange access to your bitcoins in the secure address and also the permission to transfer or sell them. So only do this once you have decided to sell out. The total balance will show up on your exchange account.
• Sell out and encash the money.

Create a new bitcoin address as specified in "Opening a secure bitcoin address", when you want to use bitcoins the next time. Do not use the old one as you have already shared the Private key for that with the exchange, hence no longer safe.

How To Get BTG after forking. (taken from Coinsutra)

After the BTG fork, you need not do much, but you need to be updated and agile about this subject.

If you want access to your BTG coins, you need to take care of two things:

• You should have your private keys.
• You should avoid being replay attacked.

And here’s the important part: Both of your coins (BTC and BTG) will have the same private keys.

Moreover, due to this fork/split, another problem called Replay Attacks can happen.

Though, they say that they have replay protection in place, but we are not sure how effective it is as it has not been tested live.

So to avoid replay attacks and access your free BTG coins, we suggest you take care of the following things:

1. Avoid transactions for some days until the dust settles to avoid replay attacks.
2. Keep your Bitcoin private keys with you, not in a third party exchange like Coinbase.
3. Use hardware wallets like the Ledger Nano S and Trezor. Last time, during the Bitcoin Cash fork, these two hardware wallets were the first to support the forked coin.
4. If you don’t have a hardware wallet, use software wallets like Mycelium, Jaxx, Coinomi, and Exodus to control your private keys.
5. You can also use a paper wallet or brain wallet.
6. If you hold your keys in a paper wallet or software wallet, wait for instructions on how to access your BTG coins.