Loading...

Need help with Bitcoin?

REAL-TIME CONSULTATIONS ON BITCOIN:
HOW TO CREATE A BITCOIN WALLET, HOW TO WORK WITH IT AND OTHER QUESTIONS ABOUT BITCOIN.
IS ANYTHING UNCLEAR? CLICK RIGHT NOW!

Bitcoin Consultants:

 


 

What is Bitcoin and how to participate in MMM using bitcoins?

It's more profitable, faster, and safer to provide help using bitcoins rather than traditional currencies.

Watch the video about Bitcoin's key advantages and find out why it's beneficial to use it while participating in MMM.

 

 

Bitcoin-BONUS

If you transfer money (provide help) via the Bitcoin (not a bank), you will receive a 3% bonus of the transferred amount.

Bitcoin Bonus is not frozen. It is available for withdrawal as soon as the recipient confirms the receipt of funds.

 


 

Bitcoin advantages

Bitcoin is an international electronic currency. This is a new form of money created on the basis of the program code.

Bitcoin is not owned by any state, companies or individuals.

Due to this, Bitcoin has become the world's first decentralized means of payment. Money transfers are made on the peer-to-peer principle — without intermediaries between the sender and the recipient.

Bitcoin advantages:

1. High safety level

No one can block a Bitcoin wallet. Bitcoin does not depend on central banks, local and international laws, religion and other things.

Banks and the government do not control your bitcoins — they are only available to you. The wallet is created anonymously. Cryptocurrency cannot be faked, and payments cannot be cancelled.

2. Cheap transactions anywhere in the world

Transfer fees do not depend on the amount or location. They make up less than US$1 (regardless of the amount). You can transfer money to anyone from anywhere in the world.

3. Convenience

Unlike bank transactions, bitcoin transactions may be carried out on a 24/7 basis. You can decide independently when to transfer money.

4. Instant transfers

Bank transfers take 3–5 working days on average. The speed of transfers via Bitcoin is a few seconds, or, when you are dealing with large amounts of money, — 10–60 minutes.

5. Protection against inflation

National currencies depreciate annually by 1–20 % (sometimes more). Bitcoin is backed by a limited number of units (21 million) and protected against inflation.

Cryptocurrency is becoming more and more popular, since people do not spend money on fees and instantly exchange money. In the future, the world national currencies will be merged in a single digital Bitcoin currency! MMM and Bitcoin have a similar vision: they strive to overthrow social inequality, free people from the banks’ oppression and make the world a more just place.

 


 

If you're new to Bitcoins you can find out how to create a Bitcoin account and how to buy and sell Bitcoins from this handy guide.

  1. What is bitcoin?
  2. Legality of Bitcoin
  3. How to add a Bitcoin Account in your Personal Office
  4. How to Provide Help (“buy” Mavro)
  5. How to provide your Bitcoin address to the second party of the transfer?
  6. How to Get Help (“sell” Mavro)?
  7. How to check if transaction was successful?
  8. How does Bitcoin transaction work?
  9. How to create a Bitcoin Wallet?
  10. How to buy bitcoins
  11. How to add funds to your account
  12. How to sell Bitcoin
  13. How to send bitcoins to receiver
  14. How to cash out funds
  15. How to secure your bitcoin wallet
  16. How to recover password
  17. QUESTIONS-ANSWERS

 


 

What is bitcoin?

 


 

CONTENTS

  • Cryptocurrencies in real life
  • How does bitcoin work?
  • Who created bitcoin?
  • Who prints bitcoins?
  • ​ What is bitcoin's backing?
  • ​ Decentralization and availability
  • ​ Anonymous payment opportunities
  • ​ Complete payment transparency
  • ​ Near-zero fees
  • ​ Speed of transfer
  • ​ Irrevocable transactions
  • ​ No network control
  • ​ Unequalled security
  • ​ Network support award
  • ​ Ease of use
  • ​ Free choice of participation level
  • ​ As a new user, you can start using bitcoin even if you don't know all technical details.
  • ​ Just a few words about politics

 

Bitcoin is a decentralized digital currency created and operating in the Internet only. No one controls it; the currency is issued through operation of millions of PC's all around the world using a math algorithm calculation software. This is exactly what bitcoin is about.

What is bitcoin?

The word “Bitcoin” in the English language has been formed by joining “bit” (minimum data unit) and “coin” (a metal coin used as money). The most widespread abbreviation of Bitcoin — BTC — is usually used in exchange trading and financial articles.

This is the first and the most well-known cryptocurrency of all, a symbol and flagship of the cryptocurrency world, and a currency unit of the same name that circulates within the system.

Cryptocurrencies in real life

In the English language, cryptocurrency is a virtual currency protected by cryptographic methods. Cryptocurrency is, above all, a fast and reliable system of payment and cash transfers based on the most advanced technologies and independent of any government.

Initially, bitcoin was only relevant for mathematicians, cryptographers and people passionate about computer and network technologies. Bitcoin was then just a proof of the ability of electronic money to exist with no guaranteed backing. It could rather be seen as an electronic equivalent of gold — just like gold, bitcoin is hard to mine, its amount is limited, and mining it requires more and more effort over time. In the fall of 2009, BTC 1 could already be bought for 0.8 cents. It was the start of exchange trading that has seen many ups and downs, high-profile bankruptcies and successful projects. Bitcoin transactions were initially rare and infrequent. The first and most famous transaction involved buying two pizzas for BTC 10,000 — it happened in May 2010 (it equaled $ 25 at the time). Since then the exchange rate has gone over $ 1,000 and back down to $ 150, but that's another story to tell…

 

 

Bitcoin exchange rate chart

At the early stage of Bitcoin development, it was made popular by the Japanese exchange, MtGox, and the illegal online market, Silk Road. Now, Bitcoin is independent of any exchange or pool, while illegal activities with cryptocurrencies are now dealt with by law enforcement, just like any other financial crime.

Today, Bitcoin is a modern digital currency that is ideal for payments on the Internet. More and more stores accept Bitcoin as one of payment options. Ease and convenience of bitcoin account creation attract more and more people from emerging economies to this currency. In many states of Asia and Africa, the Bitcoin network is a replacement for expensive and hard-to-access banking services. Developed countries actively use POS terminals for bitcoin payments in stores, ATM's for cryptocurrencies, hardware wallets for Bitcoin. There's been a real boom of startups that use Bitcoin. As it turns out, the block chain technology is also good for distributed storage of data on various assets, not only financial transactions. Several thousand other cryptocurrencies have been created, based on Bitcoin or from scratch.

More interesting videos about Bitcoin:
https://www.youtube.com/watch?v=2QLYkkSLUu0
https://www.youtube.com/watch?v=gKGgrvTZ80Y

How does bitcoin work?

Read on to learn how cryptocurrency, with Bitcoin as an example, works.

What is the most important feature of Bitcoin in economic terms? It's a digital commodity of limited supply; its algorithm is specifically designed to only allow 21 mln units max in the system, each of them also known as a bitcoin. The issue timetable is defined in the code and predefined. After the last coins have been generated, the number of units stop changing. The Bitcoin economy is based on a deflation model that raises fear among many economists. However, these fears have no practical basis.

In reality, this relatively small number of coins is quite sufficient for everyday payments as 1 bitcoin is divided into 100,000,000 units, or “satoshis”, named after the system's founder. Sometimes, millibitcoin (mBTC, one thousandth) and microbitcoin (uBTC, one millionth) are also used.

 

 

Bitcoin issue timetable

You can also use bitcoin to buy anything online, just like you do with dollars, euros or rubles, and bitcoin is traded in the exchange market like these currencies. But the most important difference between bitcoin and all other forms of money is the decentralization. Bitcoin is beyond control of any authority in the world. Some are baffled by this fact as it means that no bank can control your money.

Who created bitcoin?

Bitcoin started from a concept — a document published on 31 October 2008 by a mysterious person going under a nickname of Satoshi Nakamoto. Despite numerous journalistic investigations, no one knows who the real developer of bitcoin is or whether it's a person or a group of people. On 3 January 2009, this concept was implemented in code in real life. 06:45 PM GMT, 03 January 2009 is the moment the first block in the system — the so-called genesis block — was generated. This day is celebrated as the Bitcoin birthday by the community all over the world.

The developer of the software who named himself Satoshi Nakamoto proposed an electronic payment system based on mathematical calculations. The idea is exchanging coin with no central authority in place, electronically, more or less instantaneously, at minimum cost.

Who prints bitcoins?

NO ONE. This currency is not printed by a central bank and does not follow the rules. Banks may print any amount of money to cover a state debt, thus depreciating their own currency.

In contrast, bitcoins can only be issued digitally, and anyone can start producing or, as they say, mining bitcoins at any time. Bitcoin mining is performed by using computational capabilities of a computer in a distributed network. When bitcoins are transferred, the transaction is processed in the same network, thus turning bitcoin into an independent digital payment system.

 

 

Bitcoin mining complexity chart

Can a billion bitcoins be mined?

No. The Bitcoin code contains a limit that set the maximum number of mined bitcoins at 21 million. However, bitcoin can be endlessly divided into smaller units — it's a digital currency after all! 1 satoshi is BTC 0.00000001 (name after the system founder)

What is bitcoin's backing?

National currencies used to be backed by gold or silver; now they are backed by GDP. Theoretically, you could walk into any bank in your country and exchange your paper money for its gold equivalent, or vice versa. Bitcoin is not backed by anything; it's pure mathematics.

Any person from anywhere on the globe may run the bitcoin mining script from their computer and feel like a central bank in miniature. The source code of the script is openly published, and anyone may see how it works.

Differences between bitcoins and conventional electronic currencies

Below is a list of features that make bitcoin stand out among electronic and paper currencies:

  • Decentralization and availability
    The Bitcoin network is a combination of all client programs (wallets) and a distributed database, or block chain that is stored on each computer with a full client installed. The block chain is a fully open register of all transactions in the system. Anyone may connect to this register via their personal wallet or a web-interface of special monitoring services from anywhere in the world, with no passwords or any other authorization requirements. There is no central body that would control the network which is distributed among all members, with each computer mining bitcoins being a part of the system. It means that no central body is in a position to dictate rules to bitcoin owners as happened, for instance, in early 2013 in Cyprus. Even if a part of the system goes offline, the payment system will remain sustainable.
  • Anonymous payment opportunities
    Bitcoin is a convenient and optionally anonymous method of payment where an address (account number in the system) is not related to its owner and requires no ID to be created. It's a string of about 34 Latin alpha-numeric characters long in various registers. For instance, an address might look as follows: 1BQ9qza7fn9snSCyJQB3ZcN46biBtkt4ee. It may be converted into a QR-code or any other 2D code to facilitate payment, or it may be transferred in its initial form. Yes, that's right. It's totally anonymous and absolutely transparent at the same time. You can create an infinite number of bitcoin addresses with no reference to your name, address or any other data.
  • Complete payment transparency
    The history of any payment may (theoretically) be traced down to the moment of coin generation, and this payment will never be removed from the database. Knowing a Bitcoin address only, you may view all transactions accepted by this address or submitted from it at any time. The Bitcoin network stores the entire history of transactions that have ever taken place; it's called a series of blocks or block chain. A block chain is a public shared register that represents a basis of the entire Bitcoin network. All confirmed transactions are included in the block chain. Based on this information, bitcoin wallets may calculate your balance and verify that bitcoin owners actually spend bitcoins in new transactions. The integrity and chronological sequence of a block chain are based on secure cryptography. The block chain knows it all. Therefore, if you have a publicly used bitcoin address, anyone may see how many bitcoins you own; however, if you do not specify it's your address, no one will ever know it belongs to you. To ensure complete anonymity, one Bitcoin address is generally used for a single transaction.
  • Near-zero fees Your bank may charge you a $ 50 fee for an international funds transfer in cold blood. Bitcoin will never do that. There are small fees that are totally insignificant and do not depend on the transfer amount.
  • Speed of transfer
    You can transfer money to anyone anywhere; it will be delivered in a matter of minutes after the Bitcoin network processes the payment.
  • Irrevocable transactions
    After bitcoin is transferred to the recipient, it's impossible to get it back. Unless the recipient is willing to do it themselves.
  • No network control
    Since a block chain is a distributed database based on peers, the Bitcoin network has no controlling central body that can suspend an account, change the amount of currency units in the system, lock or cancel a payment. Transactions within the system are irrevocable, just like transactions with cash
  • Unequalled security
    Each new block adds to the requirements to computational capabilities miners need to calculate the block chain from zero; the longer the chain, the harder it is to hack the network. Today, Bitcoin is a decentralized computational network that has a performance 8 times higher (in terms of SHA-256 hash calculation rate) than the total performance if all super-computers in the world. To capture control over it, even partially, vast resources and hundred-million-dollar expenses are required.
  • Network support award
    New bitcoins are issued as an award for those who perform computation providing for transaction transfer. Computation has been dubbed mining, from the English word “mining” meaning extraction of minerals. Those who engage in computation activities are called miners. Their task is writing all transactions that took place from the moment the last block was issued (10 minutes on average) into a single block and “seal” it with a complex cryptographic signature. The next block is calculated based on the signature of the preceding block that ensures irrevocability of transactions and prevents counterfeit currency units from getting into the system. This way, the blocks are connected together, forming a block chain. These rules prevent making changes to the previous block as this would invalidate all subsequent blocks. Additionally, mining creates a lottery-like process where no user can simply add blocks into the chain. Thus, no one can control the block chain or replace its parts to roll back their transactions.
  • Ease of use
    You would have to go through seven levels of hell to open an account for a company in a bank; you might also be banished with no explanation. It's not a problem in the Bitcoin network — you'll need 5 minutes to create a bitcoin wallet and start using it. No questions, no fees.
  • Free choice of participation level
    You can install an official Bitcoin Core client that stores the entire history of transactions. If you do not need offline operation and block chain analysis features, you can install one of the lite or mobile wallets that require a lot less resources. If you only intend to pay for small purchases while travelling or to just try out the technology, a mobile or online wallet would be enough. Maximum safety is ensured by hardware wallets with additional protection.

As a new user, you can start using bitcoin even if you don't know all technical details. As soon as you install a bitcoin wallet on your computer or mobile phone, it will generate your first bitcoin address; in the future you will be able to create as many addresses as you want. You can communicate your addresses to your friends who will be able to make payments to you or vice versa. In reality, it's very much like e-mail, except that a bitcoin address must only be used once.

A transaction is a transfer of funds between bitcoin wallets to be included in a block chain. Bitcoin wallets contain confidential information, the so-called secret code, that is used to sign transactions and provide a mathematical proof of the transaction having been approved by the wallet owner. This signature also prevents making changes to the transaction after it is submitted to the network. All transactions are broadcast to all users and confirmed by the network via mining, generally within 10 minutes.

Different states have very different attitudes towards cryptocurrencies. Some clearly encourage their use — in Australia, Germany, the Netherlands, New Zealand, Singapore, some US state, various offshore countries; others impose serious constraints that could be transformed into a total ban — in Indonesia, China, Russia, Ukraine. Total bans have so far been imposed by the hot Latin Americans in Bolivia and Ecuador.

Many governments have chosen to monitor the situation with careful optimism — most countries of the European Union, Great Britain and Switzerland, the US federal government, Canada, Japan and countries of South and East Asia. Most developed countries are adapting their financial legislation to be able to regulate cryptocurrencies and are about to resolve this issue.

 


 

Legality of Bitcoin

 


 

Bitcoins are legal if used for legal purposes. If you do not commit unlawful acts, your operations with Bitcoins cannot be suspicious.

The unique nature of Bitcoin does not allow the law to consider it as money. Also Bitcoin cannot be deemed as a product or service. The question of the legal regulation is still in its infancy, and governments of different countries look at each other carefully, hoping that one of them will prompt how, eventually, to treat the cryptocurrency.

As a whole, in relation to Bitcoin the countries can be divided into 3 camps:

  1. The countries which understand that Bitcoin is a new and perspective technology which can bring many positive things.
  2. The countries which have no common ground, and they have been studying Bitcoin so far — without accepting it officially, or rejecting it.
  3. Totalitarian states which are, literally, afraid of Bitcoin, as they got used to exercise full control over whole financial flow of funds.

Thus there is a question: can Bitcoin be prohibited or closed down?

Theoretically, such conditions can be created in which it will be very ifficult to use it, however, in real life it is practically impossible. Bitcoin is not owned by anybody, that is why there is no one to put pressure on that Bitcoin be closed down. Each user is a full-fledged part of a network, while there are millions of such users, and all of them are from different countries.

The only leverage on Bitcoin are exchange markets that convert fiat money to the cryptocurrency. In theory the government can deny banks to deal with such exchanges, but in practice there are many ways to circumvent the bun.

 


 

How to add a Bitcoin Account in your Personal Office

 


 

In order to request help in the MMM Community, you need to add a personal banking and/or bitcoin account in the section "Accounts" in your PO.

 


 

 

Follow the tab "Accounts".

 


 

 

Press "Add".

 


 

 

Fill in the Bitcoin details as specified on the picture:

  1. Create the Account name, ex.“MyAccount-Bitcoin” and write it to the first field
  2. Choose the account’s type — Bitcoin
  3. In “BTC address” write your BTC wallet number
  4. Press “Save”

 


 

 

Congratulations! Your personal account has been added.

 


 

 

Also in the tab "Personal Accounts" you can always edit the details of your accounts (1), remove personal account (2) or add a new one.

 


 

How to Provide Help (“buy” Mavro)

 


 


 

 

You can “buy” Mavro by Providing Help (transferring money) to another participant:

Click "Provide Help" on the dashboard in your Personal Office.


 

 

In the opened window:

  1. Choose the way you want to transfer funds - via bank or via bitcoins. We recommend to use Bitcoins
  2. If you decide to transfer funds via bank:
  3. Сhoose a bank
  4. Choose the type of Mavro
  5. Type the amount you want to Provide Help in
  6. Read the Warning and tick the box that you hаve read it.
  7. Click “Ok”

 

 

If you decide to participate with Bitcoins:

  1. Choose the type of Mavro
  2. Choose the currency you want to Provide Help in
  3. Type the amount you want to Provide Help in
  4. Read the Warning and tick the box that you have read it.
  5. Click “Ok”

 

 

After successful completion of all steps above, you will see a notification that your request has been added. Click on “Ok”.


 

 

  1. The created request will be in queue to be processed by a dispatcher (automatic program).
  2. In a short time there will be an Order appearing on your dashboard that you need to complete (to transfer your funds). You may receive one order or several orders for amount of your request for “Providing Help”. If you choose Bitcoins (not option “Other Bank”), you must transfer the exact amount in Bitcoins (not the amount in AUD).

 

 

Click on the “Details” button to see the information about the Provide Help request


 

 

In the opened window you can see the detailed information about your request.


 

 

To cancel the Provide Help request click on “Cancel request” button.


 

 

To confirm press OK.


 

 

  1. Specify the reason for deleting the request.
  2. Click on “Delete” button.

 

 

Your Provide Help request has been successfully deleted.

Click OK.


 

 

You can see the deleted requests clicking on “Show archived requests” button.


 

 

Here is how the request with the "Deleted” status

looks like.


 

 

Each order includes the following information:

  1. Period of time remained to complete transfer.
  2. Transfer amount.

 

 

When you press the area of the Order (or on “Details” in the lower right corner of it) you will see:


 

 

  1. Transfer amount.
  2. Details of a recipient's account for transfer
  3. Recipient's phone number to contact in case of difficulties with transfer. Your contact number as Sender.
  4. If you chose Bitcoins in your request, in your Order you will find instructions how to transfer Bitcoins.

 

 

You should make every transfers on time. In case of difficulties with a transfer, a recipient and a sender can get in touch with each other via chat (if a phone of one of the participants is not available for some reasons).

  1. Press “Messages” in the upper right corner of an Order.
  2. In the opened window type your message.
  3. You can add a file if necessary.
  4. Click on “Send”.

 

 

After you have transferred money, you must show a recipient that the transfer was completed. He will be able to confirm receiving of your funds after you send a transfer evidence.

How to send an evidence of transfer:

  1. Click on the blue button with the triangle inside.
  2. Click on link “I completed this payment”

 

 

In the appeared menu, you should attach a screenshot or photo of completed payment transaction.

You can make a screenshot:

— with PrtScr button (next to F12 button of your keyboard). Press PrtScr. After that an image of your screen will be sent to the clipboard. Open the program for processing images (the simplest one is Paint). Select “Paste” in the program menu or Ctrl+V. Save the image on your computer.

— with a specialized software (LightShot etc.)

  1. Click on the button "Browse File" to attach a photo or a screenshot.
  2. Write a comment if you want.

 

 

Click on “Next” button.


 

   

 

 

After that Order’s icon become half green.

Once your recipient confirmed the receiving of funds, the icon will become fully green. And your Mavros will become confirmed.


 

 

If the transfer has not been made timely, or you refused to do a transfer without a valuable reason, your account will be blocked automatically. You will be notified about it in Personal Office.

In blocked mode the only available operation in Personal Office is contact to the Support Team.


 

 

After creation of a Request for Providing Help, check your Personal Office and email daily. So you will be aware about new orders for transfer and could prevent your account blocking for any possible reason.

For example. If you can not complete an order for any circumstances, make sure to write your reason to the Support Team:

  1. Click on blue button.
  2. Click on “I refuse to make money transfer”.

 


 

How to provide your Bitcoin address to the second party of the transfer?

 


 

 

If you need to provide your Bitcoin address to another user, you should first access your Bitcoin wallet and click on the button “Receive”.

 


 

 

You will see the window with your Bitcoin wallet address. Copy this address.

 


 

 

Enter your MMM Personal Office and click on “Accounts”.

 


 

 

Then, click on “Add”

Fill in your account data and paste your Bitcoin wallet address in the respective field. Now, another participant who wants to transfer money to you will see your Bitcoin address. When creating Help request, you can click on the order, access the section “Messages” and send your Bitcoin address there as well.

 


 

How to Get Help (“sell” Mavro)?

 

 


 

 

In order to Get Help (“sell” Mavro) click on the appropriate button ("Get Help") on the dashboard of your Personal Office.

 


 

 

  1. Select already registered account to Get Help (if you want to add a new one better use Accounts menu).
  2. Click on "Next" button.

 


 

 

Choose one of your existing accounts and click on "Next" button.

 


 


 

In the opened window you can see:

  1. maximum amount of Mavros available to withdraw.
  2. a leftover, as withdraw amount has to be multiple 100.
  3. total amount for current withdraw.

 

 

Take follow steps:

  1. Click on “all” to withdraw maximum amount of specific mavro-account.
  2. Enter any amount less than maximum amount of specific mavro-account.
  3. Click on “Next” button.

 


 

 

Check your amount for withdraw and click on "Next".

 


 

 

Created Request for Receiving Help appears on your desktop in Personal Office.

 


 

 

If you click on active Getting Help Request, a popup window will open where you can verify details once again. In the Getting Help Request you can also see the amount of Mavro for sell.

 


 

 

After creating your Getting Help Request you should wait for orders to be displayed on your dashboard. You will be able to see information about participant(s) who will transfer funds.

 


 

 

Appeared orders on your Dashboard will be of yellow color. After a sender confirmed that funds had been transferred, make sure to check your account. You should confirm a receipt of funds only when you see them in your account.

When a sender confirmed sending funds but you did nothing with an order, after some time the order’s icon will become yellow with a question mark.

When you click on this icon there will be two options:

  1. confirm the receipt of funds
  2. inform that the funds are not received.

 


 

 

If the funds are not received, after an investigation of Security Department this icon will become red with a cross.

It means that the order wasn’t completed. Such icon will appear if a sender didn’t confirm timely that the funds were sent.

In case of described situations the dispatcher will create another order for you with another participant to send his/her help to you.

 


 

Confirm orders only after making sure that the funds were received on your bank account or bitcoin wallet!

If funds are received and you confirmed receipt of funds, then this icon will turn green. It means that help has been successfully provided!

 


 

 

Keep in mind that you can extend the period of payment for 24 hours, if necessary. If a sender is not able to meet a standard requirement for 48 hours, you can give him additional time to complete this order. In order to do that:

  1. Сlick on the icon.
  2. Click on 24 hours extension.

Always report to the Support Team if you notice any unusual activity. FAQ: How to get in touch with the Support Team?

 


 

How to check if transaction was successful?

 


 

 

Step 1: look at an order status in your Personal Office. After a participant receives funds, he will confirm the transaction.

 


 

 

Step 2: Bitcoin transactions will appear almost immediately in your transaction history.
As soon as the transaction is completed, you will see “Unconfirmed transaction” in your transaction history, which means your transaction has not been confirmed yet.

 


 

Although Bitcoins were sent, your transaction has not yet been processed and can be cancelled.

Your transaction is considered completed when it has got 3 confirmations. It usually takes about 30 minutes, but the period length may change. Your transaction, till then, will have been displayed as pending (Unconfirmed transaction).

30 minutes is the average time to get confirmation. Generally, getting confirmed may take more or less than half an hour.

Confirmation is a form of reaching agreement about who and how many Bitcoins possesses.

As soon as confirmation is available, everyone agrees that you fully own now the Bitcoins you received, and they are at your disposal.

Until the moment your transaction gets confirmed, some network hosts check if the system is not deceived in any way. The more confirmations you receive the less the chance of its cancellation.

Only 6 confirmations or 1 hour (if based on time) will suffice to make the transaction cancellation almost impossible.

It is considerably better than using credit cards where the return of funds can be carried out even 3 months after the transfer!

 


 

How to check your transactions?

 

 

Follow the link:
https://blockchain.info/wallet/#/login

Enter your login and password

 


 

 

Click on “TRANSACTIONS”

 


 

 

Choose the transaction and click
If the transaction is not confirmed, there will be written “Pending: 0/3 confirmations”

 


 

 

If the transaction is confirmed, you will see “Transaction Confirmed”

As soon as the transaction is confirmed, you can use the Bitcoins you received at your discretion.

 


 

How does Bitcoin transaction work?

Bitcoin system’s transactions are conducted between wallets which have digital signature. Each online transaction is public, and every participant may not only view its sender’s and recipient’s data in a public block chain, but also to trace the whole history of transactions, which were made prior to it — down to the inception of the first cryptocurrency.

In order to understand what a transaction is, have a look at the example below.

Diego sends Marco some Bitcoins. This activity is a transaction itself which will contain three types of data:

  • Input — a signature evidencing which address Bitcoins came to Diego from (let’s assume he has received them from Pedro);
  • Amount — the number of Bitcoins which Duiego sends Marco;
  • Output — Marco’s Bitcoin address.

To send anyone Bitcoins, you need two things: a Bitcoin address and a privacy key. The privacy key is a sequence of letters and digits, but unlike your Bitcoin address it is kept secret.

Your Bitcoin address is like a transparent deposit box. Anyone can look inside, see what there is, however, only that can open and take the content who has a privacy key.

Getting back to Diego and Marco, when Diego wants to send some digital coins to Marco, then, using the privacy key, he signs a transfer “request” where, as indicated above, three types of data are provided: the Bitcoin address, from which Bitcoins came to Diego, the amount and recipient’s address.

After that, he sends this “request” from his Bitcoin wallet to the Bitcoin network, where it is found by miners who then confirm a new online transaction by adding it into the transaction block, which, eventually, leads to increasing the balance of Marco’s Bitcoin address.

 


 

How to create a Bitcoin Wallet?

 


 

Buyabitcoin.com.au + Blockchain.info

 


 

 


 

 

As buyabitcoin.com.au don’t have bitcoin wallets you need to create one on www.blockchain.info — one from the world wide most trustful bitcoin wallet platform. On the main page you will find ‘Get a free bitcoin wallet’ button. Click on it.

 


 

 

Fill the form providing your email address and password. Click on the box that you read Terms and Conditions. Then click on the button ‘Continue’.

 


 

 

Write down, make a screenshot or print the mnemonic password (in the red square on the screenshot). It will help you to recover your password if you forget it!

Click on “Continue” button.

On the new page you will see your bitcoin account where you could simply receive and send bitcoins. To get some bitcoins in your wallet you need to buy them.

 


 

 

Visit site www.buyabitcoin.com.au. You no need to waste your time to register account. If you want to buy bitcoins simply fill the form on the main page: buy amount (site accept min order is $200, max order is $8000), choose the bank (site only accept CASH DEPOSIT to Commonwealth Bank Australia). Fill your details form — enter email address, bitcoin wallet address (from blockchain), mobile phone number.

Then click on the button ‘get code’ and shortly you will receive sms code. Enter verification code in the same form. Click on the box that you read the Terms and Conditions and click on the button ‘Place order’.

 


 

 

Shortly you will receive confirmation email with bank account details where you need to deposit money. You have 4 hours to make cash deposit at any ANZ branch near you after order to buy bitcoins was placed. Please don’t make electronic transfer as your account could be blocked (to prevent online scam). Keep payment slip from the bank.

 


 

 

For faster processing you can let site know you have made a deposit by clicking on the button ‘Notify us’ in the confirmation email. You will receive bitcoins in your bitcoins wallet in approximately one hour. Someone from site might call you once payment has been made to confirm transaction.

 


 

 

If you want to sell your bitcoins visit site www.buyabitcoin.com.au and click on the button ‘sell bitcoin’. You will be transferred to site www.sellabitcoin.com.au.

 


 

 

To sell bitcoins you need to fill the form — enter the sell amount, your bank details (account name, BSB number, account number), contact details (email address and mobile phone number). Then click on the button “get code’ and you will receive SMS with code. Put the code in the form and system will verify you automatically. Click on the box that you read the Agreement statement and click on the button ‘Place order’.

 


 

 

Shortly you will receive email that you have placed an order to sell bitcoins. You have 10 minutes to send bitcoin to address provided on email — numbers and letters. Go to your bitcoin wallet (we recommend blockchain) and send exact amount of bitcoins.

 


 

 

Go to site of your bitcoins wallet — https://www.blockchain.com/. Login and your wallet and you could see at the top of the page 2 button "Send" and "Receive".

When you click "Send" button will be offered a form of instantly

 


 

Cex.io

 


 

 


 

 

  1. Go to website https://cex.io/
  2. Click on “Register”

 


 

 

Trading platform which accepts payments via bank wire transfers and bank cards (Visa and MasterCard).

Guide: https://cex.io/guide

  1. Enter the email
  2. Enter the password you want to use
  3. Tick the box that you agree to the Terms of Use
  4. Click “Register”

 


 

 

Activate your account through email.

 


 

 

  1. Get registration code.
  2. Click on “Complete registration” button.

 


 

 


 

How to buy bitcoins

 


 

Buyabitcoin.com.au

 


 

 


 

 

Visit site www.buyabitcoin.com.au (notice that you can place orders to buy or sell bitcoins till 7pm monday-friday). Fill the form to buy bitcoin: buy amount (site accept min order is $200, max order is $8000), choose the bank (site only accept CASH DEPOSIT to Commonwealth Bank Australia). Fill your details form — enter email address, bitcoin wallet address, mobile phone number.

Then click on the button ‘get code’ and shortly you will receive sms code. Enter verification code in the form. Click on the box that you read the Terms and Conditions and click on the button ‘Place order’.

 


 


 

Shortly you will receive confirmation email with bank account details where you need to deposit money. You have 4 hours to make cash deposit at any ANZ branch near you after order to buy bitcoins was placed. Please don’t make electronic transfer as your account could be blocked (to prevent online scam). Keep payment slip from the bank.

For faster processing you can let site know you have made a deposit by clicking on the button ‘Notify us’ in the confirmation email. You will receive bitcoins in your bitcoins wallet in approximately one hour. Someone from site might call you once payment has been made to confirm transaction.

 


 

 

Sign in to http://blockchain.info

Press on “Receive” button.

 


 

 

Choose the wallet which address you want to see.

Below is the wallet address.

 


 

Cex.io

 


 

 


 

 

  1. Go to website https://cex.io/
  2. Click on “Register”

 


 

 

Write username and password, click on “Sign in”

 


 

 

Start using CEX.IO

 

To buy bitcoins, you need to fund your account.

  1. Choose how you want to deposit money: a) with payment card, b) with bank transfer.
  2. Add details of your credit card or bank account.
  3. Type amount you want to deposit.

 


 

 

If you want to buy bitcoins instantly, you can go to “Buy bitcoins” page:
https://cex.io/buy-bitcoins

  1. Choose already offered amount of USD you want to use to buy bitcoins. And click “Buy”.
  2. You can choose your own amount you want to buy:
  1. Type of amount of USD you want to use to buy Bitcoins.
  2. Click “Buy”.

If you want to buy at the best price, you can use Exchange, go to Trade section to find more details (scroll this FAQ a bit down).

 


 

 

If you want to buy bitcoins instantly, you can to “Sell bitcoins” page:

https://cex.io/sell-bitcoins

Choose already offered amount of USD you want to use to buy bitcoins. And click “Buy”.

If you want to buy at the best price, you can use Exchange, go to Trade section to find more details (scroll this FAQ a bit down).


 

How to add funds to your account

 


 

Buyabitcoin.com.au + Blockchain.info

 

 


 

 

Visit site www.buyabitcoin.com.au (notice that you can place orders to buy or sell bitcoins till 7pm monday-friday). Fill the form to buy bitcoin: buy amount (site accept min order is $200, max order is $8000), choose the bank (site only accept CASH DEPOSIT to Commonwealth Bank Australia). Fill your details form — enter email address, bitcoin wallet address, mobile phone number.

Then click on the button ‘get code’ and shortly you will receive sms code. Enter verification code in the form. Click on the box that you read the Terms and Conditions and click on the button ‘Place order’.

 


 


 

Shortly you will receive confirmation email with bank account details where you need to deposit money. You have 4 hours to make cash deposit at any ANZ branch near you after order to buy bitcoins was placed. Please don’t make electronic transfer as your account could be blocked (to prevent online scam). Keep payment slip from the bank.

For faster processing you can let site know you have made a deposit by clicking on the button ‘Notify us’ in the confirmation email. You will receive bitcoins in your bitcoins wallet in approximately one hour. Someone from site might call you once payment has been made to confirm transaction.

 


 

 

Sign in to http://blockchain.info

Press on “Receive” button.

 


 

 

Choose the wallet which address you want to see.

Below is the wallet address.

 


 

Cex.io

 


 

 


 

 

  1. Go to website https://cex.io/
  2. click «Sign in"

 


 

 

Enter the username and password of the account and click «Sign in"

 


 

 

Fiat deposits can be made using using the following methods:

  1. Wire transfer (USD/EUR)
  2. Payment cards (USD/EUR/RUB)

Availability of those methods depends on your geographical location and account verification status. To see all available methods and account limits please view our payment options page.

Go to your account, click "Deposit"

 


 

 

Choose the option deposit “Visa/MasterCard"

Click "Add a new card", enter your card details into the appropriate fields. Data of card is indicated on the front of your card.


 

 

It is necessary to make a) card number, b) the name and surname of the card holder as shown on the card and c) the month and year of the card issuance


 

 

Then, to complete the linking of the card click "Continue"


 

 

After completing the card linking click "Deposit" button


 

 

Choose the amount that we want to import and the next is go to the payment


 

 

If you want to use bank transfer or completion of other wallet cryptocurrency — You will need to pass the verification on site.


 

How to sell Bitcoin

 


 

Buyabitcoin.com.au

 

 


 

 

Visit site www.buyabitcoin.com.au and click on the button ‘sell bitcoin’. You will be transferred to site www.sellabitcoin.com.au.

 


 

 

To sell bitcoins you need to fill the form — enter the sell amount, your bank details (account name, BSB number, account number), contact details (email address and mobile phone number). Then click on the button “get code’ and you will receive SMS with code. Put the code in the form and system will verify you automatically. Click on the box that you read the Agreement statement and click on the button ‘Place order’.

 


 

 

Shortly you will receive email that you have placed an order to sell bitcoins. You have 10 minutes to send bitcoin to address provided on email — 34 numbers and letters. Go to your bitcoin wallet (for example, blockchain) and send exact amount of bitcoins.

 


 

 

Then you will receive email confirming that your sale has been completed. Usually money come to bank accounts next day. The funds might come the same day if you placed order up to 4pm.

 


 

 

Sign in to http://blockchain.info
Press on “Send” button.
When you click "Send" button will be offered a form of instantly.

 


 

 

Choose your bitcoins address (if you have more than one), enter recipient's bitcoins address, enter the amount of bitcoins you want to send. Then simply click “Send”.

 


 

Cex.io

 


 

 


 

 

Go to web-site https://cex.io click «Sign in"

 


 

 

Enter the username and password of the account and click «Sign in"

 


 

 

Go to "Buy / Sell"

 


 

 

Click "Sell"

 


 

 

Choose from the options most appropriate.

 


 

If you want to buy bitcoins instantly, you can to “Sell bitcoins” page:
https://cex.io/sell-bitcoins
Choose already offered amount of USD you want to use to buy bitcoins. And click “Buy”.
If you want to buy at the best price, you can use Exchange, go to Trade section to find more details (scroll this FAQ a bit down).

 


 

 

To buy and sell bitcoins at the best price, you should use marketplace and trade bitcoins:
https://cex.io/trade

To buy bitcoins:

  1. Choose the Sell Order with the price convenient to you.
  2. Enter amount of Bitcoin you want to buy.
  3. Click “Place Order”.

To sell bitcoins:

  1. Choose the Buy Order with the price convenient to you.
  2. Enter amount of Bitcoin you want to sell.
  3. Click “Place Order”.

 


 

How to send bitcoins to receiver

 


 

Blockchain.info

 

 


 

 

If your bitcoin wallet is already registered click on https://blockchain.info/, then click "Wallet" and type in the Open box your Identifier.

 


 

 

Then click “Login Now”

 


 

 

Enter your identifier and password, then click “Sign in”.

 


 

 

Upon entering the main interface we can see at the top of the page 2 buttons — "Send" and "Receive".

 


 

 

When you click "Send" button will be offered a form of instantly.

 


 

 

Choose your bitcoins address (if you have more than one), enter recipient's bitcoins address, enter the amount of bitcoins you want to send. Then simply click “Send”.

 


 

Cex.io


 

 


 

 

Go to web-site https://cex.io click «Sign in"

 


 

 

Enter the username and password of the account and click «Sign in"

 


 

 

Click "Withdraw"

 


 

 

In the opened field we choose to "CryptoCapital

 


 

 

In the currency selection box choose BTC

 


 

 

In the currency selection box we enter the required amount, then we enter into the appropriate field Bitcoin address and click «Withdraw»

 


 

How to cash out funds

 


 

Blockchain.info

 


 

You can not cash out funds from blockchain.info. It is a bitcoin wallet where you can receive, store and send bitcoins. You can not buy/sell or cash out bitcoins at blockchain.info

 


 

Buyabitcoin.com.au

 


 


 

 

Visit site www.buyabitcoin.com.au and click on the button ‘sell bitcoin’. You will be transferred to site www.sellabitcoin.com.au.

 


 

 

To sell bitcoins you need to fill the form — enter the sell amount, your bank details (account name, BSB number, account number), contact details (email address and mobile phone number). Then click on the button “get code’ and you will receive SMS with code. Put the code in the form and system will verify you automatically. Click on the box that you read the Agreement statement and click on the button ‘Place order’.

 


 

 

Shortly you will receive email that you have placed an order to sell bitcoins. You have 10 minutes to send bitcoin to address provided on email — 34 numbers and letters. Go to your bitcoin wallet (for example, blockchain) and send exact amount of bitcoins.

 


 

 

Then you will receive email confirming that your sale has been completed. Usually money come to bank accounts next day. The funds might come the same day if you placed order up to 4pm.

 


 

 

Sign in to http://blockchain.info
Press on “Send” button.
When you click "Send" button will be offered a form of instantly.

 


 

 

Choose your bitcoins address (if you have more than one), enter recipient's bitcoins address, enter the amount of bitcoins you want to send. Then simply click “Send”.

 


 

Cex.io

 


 

 


 

 

Go to web-site https://cex.io click «Sign in"

 


 

 

Enter the username and password of the account and click «Sign in"

 


 

 

Click "Withdraw"

 


 

 

In the field, select the section "Bank cards" or "Bank Transfer"

Withdrawal is possible at the tied bank card or to the selected bank account.

 


 

How to secure your bitcoin wallet

 


 

Blockchain.info

 


 


 

 

Sign in at http://blockchain.info
In the right menu click “Security center”

Here you will see the list of measures to secure your wallet.

 

 

Click on each and follow the instructions

 


 

 

First verify email. You’ll receive an email with confirmation link. Open it and follow the link inside.

 


 

 

Then receive a backup phrase to restore your wallet and access your funds if you forget your password.
Click “Backup phrase”

 


 

 

Then enter your password from blockchain wallet and click “Submit”.
Do not store your Recovery Phrase on your computer or online. It is very important to keep your Recovery Phrase offline in a safe and private place. Anyone with access to your Recovery Phrase has access to your funds

 


 

 

Print the blank Recovery Sheet and then move onto the next step to fill it in.
You’ll be given 12 words. You should write them on that sheet of paper that you have printed

 


 

 

Then there will be short examination to find out whether you wrote everything correctly.
Enter 4 words corresponding with their order and click “Finish”.
That’s all. Backup recovery phrase set.

 


 

 

Then set a password hint.

 


 

 

Then link your phone to the wallet.
Enter the number and click “Save”

 


 

 

Then Enable 2 step verification.
Now your wallet is very secure.

 


 

 

Now let's see, how double factory authentication is working.
Go to the web-site http://blockchain.info
Enter login (ID) and password.

 


 

 

Click "Sign in"
You will receive a code on your mobile phone which you have used in service for loading double factory authentication.

 


 

 

Enter this code into the opened field.

 


 

 

Click "Sign in" and you are in your wallet now.

 


 

Cex.io

 


 

 


 

 

First of all you will proposed to choose two factor authentication. It has two options. Or you can abandon this option but it is not recommended.

 


 

 

Enable Two-Factor Authentification on your account, having chosen either Smartphone app option or SMS/Phone Request option.

 


 

 

  1. Enter confirmation code.
  2. Click on “Confirm” button.

 


 

 

Now let's see, how double factory authentication is working.

 


 

 

Go to the web-site http://cex.io/
Enter login and password.

Click "Sign in"

 


 

 

The system offers us two way to select the double factor authentication: by sending an SMS to our number, which was used in the service to install two-factor authentication, or by receiving a call to this number.

 


 

 

Choose a variant of the double authentication by sending SMS as the most convenient, by clicking on "Send sms code" button

 


 

 

Enter this code into the opened field.

 


 

 

Press "confirm" and enter your account.

 


 

How to recover password

 


 

Blockchain.info

 


 


 

 

On sign in page click on “View options”

 


 

 

If you forgot your wallet ID — press “Remind me” and it’ll be sent to your email.
If you forgot your wallet password — you can get access to your funds with the help of 12 word recovery passphrase. (that was given to you while you set the security settings)

Click on “Recover funds”.

 


 

 

Then enter the 12 passphrases and click “Continue”.
A new bitcoin wallet will be created for you and all the funds will be transferred to it.
If you has not set the 12-word passphrase, you can not get access your funds anymore.

 


 

Cex.io

 


 

 


 

 

Go to web-site https://cex.io, click «Sign in"

 


 

 

If do not remember your login and password on the account, then click "Forgot your password"

 


 

 

On the password retrieval page, enter your e-mail, which was registered account and click "Next"

 


 

 

At the e-mail address you used when registering your account, will receive a letter similar to the following

It is necessary to press the "Confirm" in the letter, then you will move to the password recovery page, on which you will need to set a new password and confirm it.

 


 

QUESTIONS-ANSWERS

 

What are the advantages of providing help with Bitcoins?

  1. Security
  2. Speed
  3. Safety
  4. Payment tracks and verification
  5. Low fees

Why does the MMM system advocate Bitcoin?

We have similar ideology — both Bitcoin cryptocurrency and the MMM Community create a fair financial system that everyone could live happily. Cryptocurrency can be used in any country of the world. Whereas difficulties in its using are rather psychological than technical. Having set up a Bitcoin wallet and having conducted only one transaction, you will understand that it is: easy, safe, secure, profitable, and fast. These transactions become more and more popular. It will be as usual as using a favorite gadget

What determines Bitcoin's price?

Bitcoin's price is set by the bidders in the stock market and on exchange platforms.

What is a Bitcoin address?

It is a wallet identifier in the Bitcoin system similarly to a bank account. It normally contains 27 to 34 characters and consists of random digits and Latin letters. It also can be presented in form of a QR code. The address is totally anonymous and has no data about its owner. It can be obtained on a grant basis, using, for example, software of the Bitcoin system.Example of an address: 4qViLJfdGaP4EeHnDyJbEGQusnCpmw1qW.It is possible, via such addresses, to send and receive Bitcoins as simply as emails.

Does it matter on which site was a Bitcoin wallet created?

It does not matter. There is a slight difference, and it consists in wallet security systems and convenience.

Is it be possible to perform transactions among all Bitcoin wallets created on any of suggested services?

Yes, it is.

I have two Bitcoin addresses, can they both be added to the MMM PO?

Yes, they can. You may add unrestricted number of Bitcoin addresses to your PO.

Does it matter what to specify in the “account name” of the system?

No, it does not. An account name is created for you exclusively that you may choose a relevant account when creating a GH request.

What should I do: first buy Bitcoins and then offer help or wait until a PH order comes and buy Bitcoins after that?

If you are a new member or use Mavro-BTC, we recommend you to buy Bitcoin first. I.e.before you create a PH request. But if you know already how to operate Bitcoin, you should buy it at the moment when you got a PH order created. In that case you will not be affected by price fluctuation risks.

How long have Bitcoin orders been created compared to MMK orders?

Much faster. If in case with yuan a PH-GH cycle is carried out within 3-4 months, using Bitcoin — you will need just 1-2 months.

How much does it cost to pay with Bitcoin?

A Bitcoin transaction fee is calculated for every single transfer. It is standard and not dependant on the payment amount, but on the block size in bytes. It usually ranges from 0,0001 btc to 0,001 btc. A Bitcoin transfer takes several seconds while transaction confirmation speed — on average from 10 to 60 minutes. If you want to speed up confirmation of transactions, you may increase the fee on your own. Then transaction will be completed faster.

Why is there AUD shown upon providing help with Bitcoin?

The currency depends on the country your residence. Since you are located in Australia, your basic currency is AUD. This means that Bitcoin here acts as the AUD transferring means. For example you want to provide help for 100 AUD. For that you need to buy 0.078 Bitcoins for 100 AUD, transfer Bitcoins to a participant’s account, he/she will exchange them for 100 AUD and spend for his/her own needs.

How soon will I be able to get money when I am selling Bitcoins?

Transferring funds from a Bitcoin wallet to a bank card takes from 15 minutes to 24 hours. It may also depend on the selected stock market or exchange platform, as well as on Bitcoin buyers’ reaction time.

I want to work at the Bitcoin service. Tell me what and where should I send.

We are still looking for the new Bitcoin consultants who would help the participants to solve problems, answer their questions and gave detailed recommendations concerning Bitcoin.
  1. Perfect knowledge in the Bitcoin cryptocurrency field. You should know how to get/provide help in MMM, add an account into the PO, create a Bitcoin wallet, exchange the cryptocurrency for traditional money, and so on.
  2. Fluent English and Burmese.
  3. Responsibility and interpersonal skills.
To apply please contact your Guider

Are there bonuses for the first request in Bitcoins?

You get a 3% bonus for each providing help with the cryptocurrency. It makes no difference whether it is a first or hundredth one.

Is it possible to use a Bitcoin account only to withdraw Bitcoins?

Yes, it is possible to get help in the cryptocurrency to a Bitcoin wallet only.

How many digits should be there after the decimal/ full stop in Bitcoin transactions?

In a Bitcoin transaction after the decimal there can be from 1 to 8 digits.

If I participate in the system using Bitcoins, are Leader Bonuses and Old Mavro calculated in AUD or bitcoins?

MMM Australia uses the AUD for all calculations. But you can ask to send Get Help amount both to your bank account and Bitcoin wallet. You create a AUD GH- or PH-request and the system generates orders for a certain amount of Bitcoin at a current exchange rate. You have 48 hours to transfer the amount specified in the order to the other party.

Do I need to register another MMM account to participate using Bitcoins?

No. You don’t have to create a new account. You need to go to the “Accounts” section in your PO and add a new Bitcoin account.

Why does it take so long to get my Bitcoin transaction confirmed?

You might have set the standard (the lowest) transaction fee. That’s why it takes more time to have your transaction processed. If you want to have it confirmed sooner — increase the transaction fee. You can do it at any time.

Can I use different bitcoin addresses to provide and get help?

Yes, you can.

May I specify one Bitcoin address in different MMM accounts?

No. One Bitcoin address can be used for one account only.

What screenshot should I upload after transferring Bitcoins?

The screenshot must demonstrate the details of your transaction. Or you can specify transaction hash in the order chat — it will be enough to track your transaction. See instructions:

What Bitcoin trading platform do you recommend?

You can choose any Bitcoin platform you like, but we recommend you to use Buyabitcoin (http://buyabitcoin.com ), Cex.io (https://cex.io ) and Blockchain.info (http://blockchain.info).

Can I register with Localbitcoins if I have already signed up for Blockchain.info?

Yes, you can.

What does “buy” and “sell” Bitcoin mean?

Bitcoin is a cryptocurrency. Like any other currency (yuan, dollar, euro), it can be bought and sold for other world currencies according to the current exchange rate. You can use different payment/transfer methods for this.

It is compulsory to use Bitcoin in MMM, isn’t it?

No, using Bitcoin is not compulsory. You can choose either Bitcoin or Bank transaction. But we recommend using Bitcoin due to its numerous advantages.

How to check my Bitcoin wallet balance?

You can find your balance on the platform where you had your Bitcoin wallet created. Usually this section is called “My Funds”, “My Wallet”, “Balance” and so on.

What to do if the sender didn’t pay a Bitcoin-order?

The system will automatically match you with another sender (it will generate a new order.) The participant who didn’t complete the order, will be locked.

Can I buy Bitcoins with a credit card?

Yes, Cex,io exchange give users this opportunity.

How many Bitcoin wallets can be registered on one mobile number?

A mobile number is linked to an account, not to a Bitcoin wallet. In one account you can have unlimited number of Bitcoin wallets and addresses even using one mobile number.

After registering Bitcoin wallet we continue to work in the MMM PO, don’t we?

Yes, you create PH and GH requests in the MMM Personal Office. However to transfer Bitcoins, you will need the platform where your wallet or another Bitcoin service has been set up.

What is the minimum and maximum PH amount in Bitcoins?

There are no restrictions.

Can first and last names specified when registering a Bitcoin account be different from those in the MMM account?

Theoretically yes, they can, since Bitcoin offers anonymity. Still, we advise you to use the same first and last names in both cases to avoid any issues.

Is it permitted to make payments on several MMM accounts from one Bitcoin wallet?

You, personally, may use one Bitcoin wallet to pay for different orders created on different requests, i.e. use it for different PH transfers. However it is prohibited to use the same Bitcoin wallet by several accounts (different people), as we have a rule: one person — one account. This means your Bitcoin wallet cannot be used by anyone else.

How to deal with a problem of sudden changes in Bitcoin price?

The cryptocurrency is gaining momentum now, and thus the exchange rate is growing too; sometimes, however, it can move downwards. Price fluctuations are usually insignificant during 48 hours that are given to transfer funds. But we always advise our members to buy Bitcoins immediately after a PH order creation. Do not wait long until the exchange rate rises.When providing help, you can use Mavro-BTC. Then your Bitcoin amount in the request will not be recalculated into yuan amount. In this case we recommend you to buy Bitcoins before you create a PH-request.

I have provided help with Bitcoins, how soon can I create a GH request?

You may create a GH request immediately after your Mavro in the PO have become confirmed (their color should change to green).

Can I use the other site for creating a wallet and participating in MMM?

Yes, to participate in MMM you can use any platform where it is possible to create a wallet and transfer Bitcoins.

Why Bitcoin orders do not allow to contact the other party?

To interact with the other party, use the chat in the order, and there is absolutely no need in any additional way to be in touch! You transfer Bitcoins from your wallet to a receiver’s wallet, confirm payment, and write in the order’s chat that you have paid. Even if the receiver does not confirm the order (that he/she has received funds), our service will do it for him/her, since any Bitcoin transaction can be checked.

Can I operate Bitcoin via mobile phone?

Of course, you can! There are a lot of applications for mobile phones with a Bitcoin wallet.