5 BEST CRYPTOCURRENCY HARDWARE WALLET YOU SHOULD GET YOUR HANDS ON.

Image source: 99bitcoin

A wallet is basically like a virtual bank account. It allows you to receive bitcoin and altcoin you can also store them, send and receive coin instantly.

TYPES OF BITCOIN & ALTCOIN WALLETS

We have web,online and hardware wallet.

For online wallet read this post  CLICK HERE

Benefits of using a Cryptocurrency Hardware Wallet..

i. private Keys remain hidden and unexposed.

Only you knows where to keep your keys. You don't get bother since your private key are far your computer,  you have this confidence that it is not been exposed to hacker or copied by someone else.

ii. You can host multiple Cryptocurrencies on the same wallet.

Unlike online wallet where you'll have to locate a different wallet for bch, litecoin, eth, Bitcoin and so on. With hardware wallet you can host over 10 digital coin on a single wallet.

iii. Immune to Computer Viruses

Your wallet are virus proof protecting you from DOS attack, malware or keylogger software. Hardware wallets cannot be attacked like software wallets.

They are mobile that's you get to carry them anywhere you go. Guarantee you a  safer option when it comes to cryptocurrency wallets.

TOP BEST AND SAFEST CRYPTOCURRENCY HARDWARE WALLETS YOU SHOULD USE.

1: Ledger Nano X

Ledger Nano X is the latest hardware wallet from Ledger. Ledger Nano X boast of an advanced state of the art security that protect your private keys and digital currency. It can store up to 100 cryptocurrency at the same time, including Bitcoin, Ethereum, XRP Dogecoin, Litecoin and many more.

FEATURES

i. bluetooth enabled ( mobile compatible)
ii.  cc eal5+ certified secure chip
iii. backup enabled
iv. Multicurrency supported
v. 100mAH battery

This hardware is available for purchase you can per order your own copy via this link. BUY LEDGER X HERE

2: LEDGER NANO S

Ledger nano s has a sleek design, simple interface and support over 1100 cryptocurrencies, including Bitcoin, Ethereum and XRP, Litecoin, BCH and more. With this hardware wallet you can manage multiple coins on a single hardware wallet.

FUNCTIONS

i. Simplicity
ii.  Tamper proof
iii. Back up and restore
iv. Multi currency
v. Compatible with (Windows 8+, macOS 10.8+, Linux)
vi. No battery required ( plug and play)

This hardware is available for purchase you can per order your own copy via this link.  BUY LEGDER NANO S HERE

3: KEEPKEY

KeepKey is a secure multi-cryptocurrency hardware wallet with more advanced features. Keepkey support a wide variety of altcoins and 

Erc- 20 tokens.

Supported coins :Bitcoin, bitcoin Cash, Bitcoin Gold, DASH, Dogecoin, Ethereum, Litecoin.

Supported erc-20 tokens:AELF (ELE), Aeterenity (AE), Aragon (ANT), Augur (REP), Basic Attention Token (BAT), Binance Coin (BNB), Bancor (BNT), Civic (CVC), Crypto.com (MCO), CyberMiles (CMT), Dai (DAI),Decentraland (MANA), DigixDAO (DGD), District0x (DNT), Edgeless (EDG), FirstBlood (1st)FunFair (FUN), Gifto (GTO), Gnosis (GNO), Golem (GNT), ICONOMI (ICN), IOST (IOST), iExec (RLC), Maker (MKR), Matchpool (GUP), Melon (MLN), Metal (MTL), Numeraire (NMR), OmiseGO (OMG), Polymath (POLY), Populus (PPT), Ripio Credit Network (RCN), SALT (SALT), SingularDTV (SNGLS), SpankChain (SPANK), Status (SNT), Storj (STORJ), SwarmCity (SWT), TenX (PAY), Tether (USDT), TrueUSD (TUSD), WeTrust (TRST), Wings (WINGS), Zilliqua (ZIL), 0x (ZRX),0xBitcoin (0xBTC)

          FUNCTIONS

i: Altcoins and erc-20 supported.

ii: Virus and malware proof

iii: work on PC, Mac, android and Linux

4: TREZOR

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Monetize your bitcoin niche | Top 5 Bitcoin advertising networks with fast payout. Best of 2019

1: A-ADS



(Anonymous Ads) is a bitcoin online advertising network that offers CPC and CPM adverting model to its publisher and advertiser.

A network that deliver over 111 million ad impressions a day to visitors from all over the world.
A-ADS offers transparent statistics, automated bitcoin transactions, and diverse traffic from thousands of sites and applications. It takes less than a minute to become a publisher or create new advertising campaign. No registration required

Mimium withdrawal : 0.00100000 Ƀ

New publisher CLICK HERE TO JOIN A-ADS

New Advertiser CLICK HERE TO JOIN


2: BITCOADZ

<a href="//www.bitcoadz.io/?rid=2596"><img title="Click Here To Join Bitcoadz.io" alt="Click Here To Join Bitcoadz.io" src="https://www.bitcoadz.io/index.php?page=dispatch/referral/5/336x280"></a>

Bitcoadz is an online Pay per click [PPC] market place where advertisers can sell their ads to publishers who will inturn return traffic to the advertisers.

Bitcoadz has proven to be to a trusted ads network.
To get started Advertisers need to submit their ads and configure their target audience and budget inside there advertiser account.

While, Publishers will have to generate adcodes inside there publisher account to start making money from there blog.


BENEFITS FOR ADVERTISER

• Create Text Or Banner Ads
•Keyword & Geographic Targeting
• Increase In Leads
• Quick Sign Up: Only takes 2 minutes.
• Pay Per Click Advertising
• Targeted Advertising
• Geographic Filtering
• Detailed Reports
• Mobile Friendly Ads
• Money Spend Base Ads Rotation
• Min Spending Btc 0.001
•Btc 0.0001 Signup Bonus

Wish to become an advertiser? Click Here To Join Bitcoadz.io

BENEFITS FOR PUBLISHER.

• Create Text Or Banner AdCodes
• Customize AdCodes Style
• Quick Sign Up: Only takes 2 minutes.
• Customisable Adcodes
• Competitor Filtering
• Detailed Reports
• Payout Modes: request payouts using Paypal, check and bank
• Accepting all Bitcoin/Crypto coin sites
•Multiple Banner Formats
• Cpm,Cpc,Popup,PopUnder,and text based ads
• Fast Approval In Maximum 24 Hours
• Min payout 0.004 Btc
•Instant Payments

Wish to become a publisher? Click Here To Join Bitcoadz.io


3: MELLOWADS



MellowAds is one of the oldest crypto network. They run an advertising network along side a faucet.

There faucet network give you 500- 3000 satoshi once ever 24 hours. To become a publisher is pretty difficult because they have a strict approval.

MANDATORY REQUIREMENTS

• The website must be in the top 100,000 sites in the Alexa rankings.

• All details entered into Mellow Ads about the website must be accurate and up to date

• You must be the owner or adminstrator for the website.

•The website URL must not be a referral link for a website that you don't own

•The content of the website must comply with moral and ethical norms of society.

•The website must not contain or have links to viruses, phishing or any sort of malicious software.

•The website must not contain any content that violates the intellectual property rights of another person, the legal owner of the content.

• The website must display and function correctly (within reason) in the most commonly used modern web browsers.

There should be a reasonable ratio of content to adverts on the website we will immediately reject any page that just contains adverts, or has a very small amount of useful content.

• The website must have its own domain name and not be hosted on a subdomain of hosting domains such as wix, blogspot, wordpress, yola, doodlekit, faucetfly etc.

• The website must not instruct, prompt or deceive the visitor into clicking on adverts..

• Traffic to the website should be organic and not generated by any sort of automated traffic generation system or service.

If you qualify to become a publisher Click here to join MellowAds if you didn't qualify you can always earn free BITCOIN through it's faucet . FREE 3000 SATOSHI HERE


4: BITMEDIA





bitmedia is Bitcoin advertising network that connect advertiser and publisher. Bitmedia have a strict approval criteria, accept website / blog with qualify traffic.

Will pay you for CPC [ click per click] or CPM for each valid 1,000 of impressions
minimum amount for withdrawal is 0.002 BTC. CLICK HERE TO JOIN BITMEDIA


5: CoinTraffic






CoinTraffic is a CPM ads network that help in linking publishers with advertisers together.

Advertiser pay for ads that displays on all coin traffic publisher. The company claims to have  delivered over 1.8 billion impressions to its clients and completed over 600 advertising campaigns. Publisher approval are has a network of over 300 Bitcoin-related websites in its advertising network.

Cointraffic is very strict when it comes publisher approval almost 70% altcoin and bitcoin related blogs or website are are rejected. To become a publisher your website must a have a minimum  unique visitor of 10,000 and above.


Minimum payout threshold is 25 euro via bitcoin only.CLICK HERE TO SIGN UP



6:

BONUS


<a href="https://publishers.propellerads.com/#/pub/auth/signUp?refId=46e"><img src="http://promo.propellerads.com/300x250-propellerads-monetize-traffic.gif" alt="PropellerAds"></a>

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Top Best Bitcoin Cloud Mining Sites| 2019 Listing

What is cloud mining?

According to Wikipedia: Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power.
This type of mining cryptocurrencies work without the use of hardware mining tools.

HOW BITCOIN MINING WORKS

A bitcoin network mining farm are mainly hosted  p in Croatia or Iceland cause electricity cost are really cheap there.

He find investors online by creating a website. The coin miner pay for electricity fee .. The owner ensure you get back your investment.



BITCOIN MINING FARM.

BENEFITS OF CLOUD BITCOIN MINING

• You don't pay for electricity cost.

• You can earn Bitcoin or altcoin without using your own computer hardware.

• You mining from the best cloud mining companies. Be rest assured you scam free

• Cloud mining are long time minimum cash back investment are from 24 to 36 months.

• Suitable for long time investor


TYPES OF CLOUD MINING.

In general, there are three forms of remote mining available:

• Hosted mining: is the leasing of a mining machine that is hosted by the cloud miner provider

• Virtually hosted: Your own virtual private server installed with a mining software.

Leased hashing power: A company lease out there hashing power, to you without having a dedicated mining tool or physical,virtual computer. (It's the most popular method of cloud mining today.)


HOW TO AVOID BEEN SCAMMED


1: They Don't Operate for Long

If you very observant you'll notice most of this scam companies start way too soon. Some started 2017, 2018 and they all claim to have payout millions within a year.


2: Fake wallet address

To trick you into believing there shading network. They always have fake address as a sign of payment proof. Real address are verified on the Blockchain network.

3: Inability to withdraw balance

After mining or earning bitcoin they will be a limitation to withdraw your fund. Some will give you excuses such as website upgrading, increased payout, and so on.

4: People are complaining

Before you start mining be sure to have done enough reason. Google out networks you intend using...

IS IT WORTH INVESTING?

Cloud mining can't make you rich but be rest assured you'll get your investment back. Mining are mainly for investor's especially long time investor.
Hardware mining are more expensive cause, you use your desktop or laptop to mine which reason to high •electricity bills, maintenance,
Security if necessary.

Cloud mining are easy you can start wit $1.80 for 1 GH/s to as high as $1000.

Note: Investors should only invest in cloud mining if they are comfortable with these risks


1: HASHFLARE

hashflare is a cloud mining service created by the specialists from HashCoins in 2015. You can start mining bitcoin, litecoin, ethereum, zcash, dash and other cryptocurrencies with ease.


hashflare mining are quite cheap you can start low from $1.80 per 1MH/S to get better profit recommended you invest and buy at less $100 about 60MH.

If you don't have that much start with the one you can afford.

5 Reasons why you should hashflare

1:Instant connect: The mining starts immediately after confirmed payment. First payouts within 24 hours.

2: Instant withdrawal- Choose the amount to withdraw and receive it instantly

3: Live detailed statistics - View all mining related information in real-time, at any point from any location.

4: Pool Allocation- You can decide which pools you want your hashrate to mine in. This allows you to find the most profitable combination.

5: Fixed Fees- No hidden fees or comissions. Every single transaction is visible to you.


TO START MINING WITH HASHFLARE CLICK HERE


2: GENESIS MINING

Genesis Mining was founded at the end of 2013. Genesis Mining is the largest cloud mining company on the market. Mine bitcoin and altcoin through the cloud .

Verified by FORBES, CNBC,THE ECONOMIST, COIN DESK, THE HUFFINGTON POST and more.


WHY CHOOSE GENESIS MINING?

•Mining different coins at the same time
• Support multiple altcoin
• Simple pricing
• regular promotions including promo codes and upgrades
• Real people, real company
• 1st in the business
• Trusted by over 20k people




TO START MINING WITH GENESIS MINING CLICK HERE



If you know of any trusted cloud mining services. Comment below with proof or send us a mail to Usebtcoin@gmail.com

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Coindirect review: Buy and sell over 30+ cryptocurrency and pay instantly with your local currency [ See supported countries list and tutorial]

@coindirectcom CoinDirect is a peer-to-peer marketplace that connect buyers and sellers across the globe through an escrow service to trade cryptocurrency.

With CoinDirect you can easier trade bitcoin and altcoin for cash. You can also buy and sell almost any valuable digital currencies, with a single wallet, and pay directly from your bank account no more 3rd party access.

COINDIRECT FEATURES


• MULTIPLE CURRENCIES : CoinDirect currently support 42 altcoins including bitcoin, Litecoin, dogecoin, ethereum .


•GLOBAL MARKETPLACE : countries from around the world are welcome to trade, buy and store your digital coin.


•MULTIPLE PAYMENT SYSTEM: Aside using your local bank account you can buy and sell coin using online payment

•LOWER FEES :
Pay 0.25% on transactions when trading on our exchange.


•SECURITY :

Coindirect protects your transactions by transferring your coins to a third-party location (escrow) until the transaction is complete.


SUPPORTED CRYPTOCURRENCY

Coindirect currently support over 40 altcoins. You can buy, sell, store or even exchange coin with any currencies below.

Bitcoin, Ethereum, Ripple, EOS ,Lumen ,Litecoin, USDT, Cardano, Monero, IOTA ,Dash ,Tronix ,Neo
Ethereum Classic, NEM , VeChainThor, ZCash ,Dogecoin ,OmiseGO ,Lisk ,Qtum ,Bitcoin Gold, Icon ,Digibyte ,STEEM ,Siacoin, Verge ,Waves ,Stratis ,Waltonchain ,Golem, ReddCoin ,ZenCash ,Ark ,NXT ,Civic ,STORJ ,Salt Zclassic, NAVCoin ,Breakout Stake, Bitcoin Cash


AVAILABLE COUNTRIES

CoinDirect currently accept customer registrations from 24 countries.

Our current list of supported countries include South Africa, Kenya, Nigeria, the United Kingdom, Australia, Belgium, Canada, Finland, France, Germany, India, Ireland, Italy, Malaysia, Namibia, Netherlands, New Zealand, Pakistan, Saudi Arabia, Singapore, South Korea, Spain, Thailand and United Arab Emirates.

If your country is not listed please be patience more countries will be added soon.


HOW TO SIGNUP ON COINDIRECT



Signing up on coin direct is easy and fast . All you have to do is click this link SIGNUP HERE you will be redirected to a signup page. Complete signup and confirm verification.




You will be redirected to your dashboard. There you'll find your wallet, profile and personal data. fill out your personal details (name, billing address, date of birth, etc.), and upload documents to verify your identity. That way sellers can contact you.


HOW TO SIGNUP ON COINDIRECT

coindirect currently accepted different Payment Method like


•Bank Transfer
National Bank Transfer
Same Bank Transfer
Zar Deposit
SEPA
Transfer

•Mobile Money
M-PESA

•Online Payment
PayPal


HOW TO BUY COINS WITH COINDIRECT




Login to your coindirect account click on BUY COIN and select the coin you want to buy.



Once you decide which currency you'd like to buy and click the "BUY BUTTON" . You"ll see the asking price for each offer, the sellers name, the sellers user rating and the sellers payment terms. Just select any you comfortable with and enter the number of cryptocurrencies you want to buy, choose a payment method and click on PROCESS ORDER


search tag
buy bitcoin with bank transfer, buy bitcoins with ach transfer,buy bitcoin with echeck ,buy bitcoin with paypal ,sell bitcoin bank transfer ,bitcoin bank account ,buy bitcoin usd , buy bitcoin with naira

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Bitcoin PTC : Btcclicks.com is a fake and a scam network - See proof here

Btcclicks is a scam paid-to-click faucet site they'll make you view ads without paying you.

According, to btcclicks site you earn up to 0.00030 mBTC [ 202 Satoshi ] about $0.0020 cent per ads view. It's low and same time you working for free🙅😟 ...

Trusted (PTC) faucet websites like Adbtc, clixsense and neobux pays you for every 10- 30 seconds ads view in return you get upto $0.01 [ This are legit site you should work with]

They are numerous users making complaining online. Most complain there account were blocked during payout. Other complain they're earning and referrals got deleted with no suitable reasons.


See this Post: 2018 High paying paid to click [ PTC] website.. Upto $0.01 per ads view.


MY STORY

I too was a victim. I joined this site back at 2016 when 1 bitcoin was $450- $780 at less i had over 6 referrals with few dollars can't remember how much it was then.

You know as bitcoin price increase so does your cash... For instant you had $2 worth of bitcoin back at 2016 today it could worth $5-$7 or more.

I stopped using btcclicks just to focus on other project. Fortunately, for me i login into my account only to find this.



I was shocked cause no warning email was sent to me as a remind to keep my account active.

Note: That what most site's like ,
clixsense does they will send you a remind to continue using your account or it will get deleted. Even when it get deleted you'll given an option to recover your account back..

I contacted there customer care via email no response i just had to let go. I was a bit happy cause I didn't really worked so much to build my referral database or waste countless hour just to make money with then.

I really feel sorry for those who had worked overnight just to make few couple of dollars and you aren't even given paid.. It's really painful.

I did research and found out how I wasn't the only one complaining some persons had even made hundreds of dollars and payment been denied.



PROOF 1 BTCCLICKS IS A SCAM PTC NETWORK

i: They customer support will never reply your mails

ii: They'll remove your all earning even if its $100 and delete all your referrals. Claiming you weren't inactive for 45 days+.. At less they should have recover your lost back...

iii: Users are complaining of earning reduction. Milking from you

iV: Deny you payment: They will block your account and accuse you of using VPN or multiple account...

V: There referral program is way too tempting. 80% for referral/affiliate commission! 😱😵


Let's do a little calculation let's say you refer 1 person who worked hard to earn $5 you'll be paid $4 jeez that quite huge. You refer another 5 persons who earned $5 each your profit would be $24 for all 6 persons. 😨😵😵😵

Tempting right? Yeah please don't fall for this... Cause Any company who pay this high without selling a product wouldn't last long. But this guys did by scamming it users.
Legit paying sites like Adbtc referral program pays you 7.5% for each referral. clixsense 30% recurring commission, Moonbit ,
Freebitco pays upto 50% for referral program. How come this guys pay upto 80% and still scam you..😲

Read this if you want to earn bitcoin, dash, ETH, ripple every minute's: FaucetHub #1 Bitcoin And Altcoin Faucet - Earn Unlimited crypto coin in minutes.


PROOF 2 BTCCLICKS IS A SCAM PTC NETWORK

You should check this screenshot of people making negative comments on different websites. I've attach URL link so you can see for yourself.


bitcoinforum.com

[




Proof from BitcoinTalk





Check more comments from this website
netbusinessrating.com


Here we have it... Btcclicks.com is scam advisable you don't waste your time.



Btcclicks, scam, bitcoin faucet scam, btcclicks scam

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Freebitco.in Scam or legit? : #1 Best Free Bitcoin Faucet 2018 | See how you can a Get Free Apple iPhone X(256Gb) and $200 every hour.

WHAT IS FREEBITCO.IN?

FreeBitco.in is a free bitcoin lottery and dice faucet where bits rewards in the form of satoshi are given to visitors as claimed in exchange for completing a captcha or task as described by the website.




FreeBitco.in make it easy for bitcoin earners to earn bitcoin every hour up to $200.

HOW DO YOU EARN FREE BITCOIN?

You can earn Btc in 5 different ways.. Yes 5

• Roll button- just click the ROLL button to get your free bitcoins.
Payout varies from 0.00000217 BTC to 0.03145973 BTC [as of today August 2018]. Had even won few $$ 😛😸



• Play MULTIPLY BTC - You can multiply your free bitcoin Satoshi up to 4,750x by playing a PROVABLY FAIR HI-LO game

Just set a bet amount and click the BET HI button to win roll a high number or the BET LO button to win if you roll a low number. Change the bet odds or the win chance to increase or reduce your win probability and tick the jackpots to win big prizes by rolling the number 8888!

• Bitcoin Saving-: All you need to do is mantain a balance of at least 30,000 satoshi in your FreeBitco.in account (0.0003 BTC) approximately $2 as of today.


You'll be paid a compound interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish.

ANNUAL INTEREST RATE UPTO 4.08% CLICK HERE TO EARN YOUR ANNUAL INTREST


• LOTTERY: Participate in our weekly lottery draw and win big prizes. You have the opportunity to become a bitcoin whale 🐋🐳 in a weekly lottery draw. Every week 10 lucky users will be pick as winner.



•REWARD: Redeem your reward points for some awesome prizes and bonuses. Your reward point could be

ELECTRONICS :APPLE IPHONE X (256 GB), APPLE IPHONE 8 (256 GB), SAMSUNG GALAXY S9+ (64 GB) etc.

You want one? JOIN HERE


HARDWARE WALLETS: KEEPKEY, TREZOR WHITE, LEDGER NANO S

GIFT CERTIFICATES: $500 EGIFTER GIFT CARD, $250 EGIFTER GIFT CARD, $100 EGIFTER GIFT CARD, $50 EGIFTER GIFT CARD, $25 EGIFTER GIFT CARD

FREE BTC BONUS: From 50%BONUS TO 1000% BONUS

LOTTERY TICKETS BONUS: From 1 TICKET / ROLL TO 100 TICKET / ROLL

REWARD POINTS BONUS: 1 REWARD POINT / ROLL TO 100 REWARD POINT / ROLL

Sound tempting right? 😋come have a taste JOIN HERE


CAN FREEBITCO.IN BE TRUSTED?

freebitco.in is a trustworthy lottery faucet and we recommend their platform to any individual who has extra time to spare in order to accumulate additional earnings.

Trust me when i say this guys are 100% legit


POPULARITY

freebitco.in has an Alexa global ranking of 1,335 in the world.
• Been existing since 2013 - 2018 about 5 years now.

Bitcoin WON BY USERS: 148,601.61206882
TOTAL GAMES PLAYED: 73,568,155,043
Coin WAGERED: 287,262.15805789
REGISTERED USERS: 15,588,052

With this stats i believe you shouldn't have a doubt about freebitco.in


You want to start earning bitcoin and maybe be a lucky winner?
SIGNUP HERE


Search tag:bitcoin hi low game, bitcoin account sign up, coin free, free bitcoin betting

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Bitcoin countries banned: it's an offense to trade or hold bitcoin in this countries - Be warned [2019 updated]

Bitcoin as we all know is the world's first global digital currency or cryptocurrency. Bitcoin is not issued by Central bank like paperless money.

It's an electronic paperless money that can only be disturbed through Bitcoin mining pool which are transferred straight to your coin wallet.
Recommended for you 3 Best online secure bitcoin wallet

Unfortunately, Bitcoin is illegal some countries. You might have this question in mind

are bitcoins anonymous?

NO! All Bitcoin pseudonymous and all transactions are public, traceable, and permanently stored in the Bitcoin network.



Algeria, Bolivia, Ecuador, Bangladesh, Nepal, Cambodia, Egypt, Morroco, Columbia, Saudi Arabia, Iran, Pakistan, China, Taiwan, Indonesia,


1: ALGERIA



As of 2017 bitcoin was legal in Algeria, until the Algeria government passed 2018 Finance Bill banning all bitcoin trading and holding in the country. Algeria hopes to establish a strict control over this kind of digital transactions.

The ban was place to reduce drug trafficking, tax evasion, and money laundering in the country. Virtual currency is that used by internet users via the web. It is characterized by the absence of physical support such as coins, notes, payments by cheque or credit card. Any breach of this provision is punishable in accordance with the laws and regulations in force

2: BOLIVIA



[El Banco Central de Bolivia] the Central Bank of Bolivia has issued a ban on bitcoin and any other currency not regulated by a country or its economic zone in 2014. Including namecoin, peercoin, Quark, litecoin, primecoin , Ethereum. Any breach of this provision is punishable in accordance with the laws and regulations in force.

3: ECUADOR



In 2014 the National Assembly of Ecuador banned bitcoins including other decentralized digital crypto currencies/altcoin, due to the country establishment of a new electronic money system. The new project would be controlled by the government and tied directly to the local currency.

With Ecuador electronic money system users will be able to pay for select services and send money between individuals. The E-currency is called Dinero Electronico


4:BANGLADESH



In September 2014, central bank of Bangladesh placed a ban on Bitcoin and also pass a circular saying that

"anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws" prosecuted in jai up to twelve years in jail.
Reasons bangladesh place a ban on bt coin

• To maintain control over financial and banking system of the country.
• To improve the country economic


5:NEPAL



13 August 2017 Nepal Rastra Bank declared bitcoin as illegal for reasons we don't know. But We suspect this could be any of the reasons.

• Laws of Nepal

According to a statement released by the Central Bank of Nepal. The foreign exchange act of 2019 BS and then NRB act of 2058 BS. Basically, it says that you can’t have bitcoin transaction in Nepal or use bitcoin to exchange foreign or Nepali currency, because bitcoin is not classified as a currency by Nepal Government, and hence using internet for bitcoin transactions or exchange is illegal.

•Use in illegal activities

Reports of bitcoin being used for money laundering or exchanging of black money with Bitcoin is another reason why Bitcoin is banner


6: CAMBODIA



On 19 June 2018, the National Bank of Cambodia (NBC), the Securities and Exchange Commission of Cambodia and the General-Commissariat of National Police stated that "the propagation, circulation, buying, selling, trading and settlement of cryptocurrencies without obtaining license from competent authorities are illegal activities" and "shall be penalized in accordance with applicable laws

7: EGYPT

The primary Islamic legislator in Egypt, has issued a religious decree classifying commercial transactions in bitcoin as haram (prohibited under Islamic law

8: ALGERIA

According to the "Journal Officiel" (28 December 2017): Art. 117. — The purchase, sale, use, and holding of so-called virtual currency is prohibited. Virtual currency is that used by internet users via the web. It is characterized by the absence of physical support such as coins, notes, payments by cheque or credit card. Any breach of this provision is punishable in accordance with the laws and regulations in force.


9: MOROCCO

On 20 November 2017 the exchange office issued a public statement in which it declared, "The Office des Changes wishes to inform the general public that the transactions via virtual currencies constitute an infringement of the exchange regulations, liable to penalties and fines provided for by [existing laws] in force.

The following day, the monetary authorities also reacted in a statement issued jointly by the Ministry of Economy and Finance, : Al-Maghrib and the Moroccan Capital Market Authority (AMMC), warning against risks associated with bitcoin, which may be used "for illicit or criminal purposes, including money laundering and terrorist financing


10: COLUMBIA

Implicit ban. The Superintendencia Financiera warned financial institutions in 2014 that they may not "protect, invest, broker, or manage virtual money operations

11: SAUDI ARABIA

Implicit ban.[15] The Saudi Arabian Monetary Authority (SAMA) has warned from using bitcoin as it is high risk and its dealers will not be guaranteed any protection or rights.

12: IRAN

In April 2018, Central Bank of the Islamic Republic of Iran issued a statement banning the country’s banks and financial institutions from dealing with cryptocurrencies, citing money laundering and terrorism financing risks.

13: PAKISTAN

As of 7 April 2018, State Bank of Pakistan [SBP] has announced that bitcoin and other virtual currencies/tokens/ coins are banned in Pakistan.

14: CHINA

On 5 December 2013, People's Bank of China (PBOC) made its first step in regulating bitcoin by prohibiting financial institutions from handling bitcoin transactions.
On 1 April 2014 PBOC ordered commercial banks and payment companies to close bitcoin trading accounts in two weeks.

Cryptocurrency exchanges or trading platforms were effectively banned by regulation in September 2017 with 173 platforms closed down by July 2018.

In early 2018 the People's Bank of China announced the State Administration of Foreign Exchange led by Pan Gongsheng would crack down on bitcoin mining. Many Bitcoin mines in China had stopped operating by January 2018.



15: TAIWAN

On 31 December 2013, Financial Supervisory Commission (Republic of China) (FSC) and CBC issued a joint statement which warns against the use of bitcoins. It is stated that bitcoins remains highly volatile, highly speculative, and is not entitled to legal claims or guarantee of conversion.

On 5 January 2014, FSC chairman Tseng Ming-chung stated that FSC will not allow the installation of bitcoin ATM in Taiwan because bitcoin is not a currency and it should not be accepted by individuals and banks as payment.

16: INDONESIA

On 7 December 2017, Bank Indonesia, the country's central bank, issued a regulation banning the use of cryptocurrencies including bitcoin as payment tools starting 1 January 2018.



Culled from Wikipedia

Search tag: TUTORIAL,Cryptocurrencies, Government, indonesia, Bitcoin Regulation, Banned Bitcoin, Ecuador, Ecuadorian, electronic money, private bank, Cambodia Bitcoin, Nepal

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