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Crypto Currency Solutions

BitCoin – Crypto Currency Solutions

The best way to describe a cryptocurrency would be as a medium of exchange meant for exchanging information securely; the entire process of using cryptocurrency is based on different principles and rules of cryptography. The first cryptocurrency that was created and used is Bitcoin; it was created in 2009. After Bitcoin, the world has seen birth of a number of cryptocurrencies; however, still Bitcoin enjoys maximum popularity among online merchants and customers around the globe.

At SiteVela, we have solutions for Bitcoin and all other crypto currencies existing currently. Cryptocurrencies are digital currencies that are not controlled by any particular banking system or country. They enable perfect peer-to-peer mode of money transferring between countries without being trapped in the unavoidable chains of banking fees and exchange rates; so, it’s needless to say that local monetary transactions can also be carried out smoothly using crypto currencies like Bitcoin.

Crypto Currency Solutions We Offer

  • Bitcoin
  • Peercoin
  • Litecoin
  • Darkcoin
  • Ripple
  • Namecoin
  • Dogecoin
  • Primecoin
  • Mastercoin
  • Auroracoin
  • Vertcoin
  • Zerocoin
  • Ethereum
  • MazaCoin

Wallet and Wallet Address

Bitcoin wallets are files containing private keys. The actual client wallet-file of Bitcoin is called wallet.dat. It contains the following:
  • Key pairs for all wallet addresses
  • Reserve keys
  • Default keys
  • Transactions carried out to/from your wallet address
  • Accounts
  • User preferences
  • Key pool
  • Version number

Transaction Process for Crypto Currencies

Although it’s true that physical cryptocurrencies are available (some companies like BitBills and Casascius offer physical Bitcoins), these currencies are designed primarily for being used as digital currencies. According to experts, physical cryptocurrencies are nothing but a kind of novelty. If you want, cryptocurrencies from its original i.e. digital form can be converted into physical dollars just within a few minutes.

The working procedure of Bitcoin and other cryptocurrencies

For using Bitcoin, you will first need to install your digital wallet; this can be done on your mobile device as well as on a computer. The wallet is an open-source (free) software program; you will need the wallet for generating your Bitcoin addresses. Wallets can be of 3 different types; they are:
  • Web wallet (resides on websites of service providers or retailers)
  • Mobile wallet (present in mobile devices)
  • Software wallet (resides on computers)
For making the transactions secured, the majority of the cryptocurrencies work using public key encryption techniques. The process goes like this: when new cryptocurrency addresses are created, cryptographic key pairs, (each of which includes a unique private key and public key), and long chains of numbers and letters are generated.

Every address possesses its own cryptocurrency balance. So, the only thing you’ll have to do is keeping the required amount of digital currencies in any address of your wallet. Every cryptocurrency transaction gets stored permanently and publicly on the assigned cryptocurrency network. As a result, experts always recommend that cryptocurrency owners create a fresh address for every transaction; this helps in enhancing security and ensuring complete privacy.

What We Do

Our developers keep on coming up with new applications featuring highly user-friendly and functional ways of trading and investing in Bitcoin (and other crypto currencies). These applications also make the process of managing crypto currencies much simpler for our customers. You can be located in any part of the world our crypto currency applications will be useful for you. Our solutions make sure you get the best trading platform.

Developers at SiteVela work for making crypto currency transaction simple, fun and intuitive. If you are interested to gather further knowledge about our Crypto Currency solutions, get in touch with our developers by dialling our telephone number of emailing us.
LETS GET YOUR PROJECT STARTED
If you need an affordable bitcoin – crypto currency solutions services in India and other countries, you are at the right place. Contact us to discuss your requirement. You can call us at +917065348006 or email your requirement at info@sitevela.com.

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SiteVela is led by professionals with more than 10 years of experience in web industry. At SiteVela we always strive to mix innovation with quality. We employ highly skilled professionals to ensure that our products are top class. We have a wide range of robust web solutions at affordable prices. Our primary focus is on 100% customer satisfaction and long term client relationships, hence we have a dedicated support team to take care of any customer issues.
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    In love with Computer Programming, having the 'Success' as only crush,Dhananjay K. Singh (Bebbi Singh) the Founder of SiteVela is one among the thinkers behind the idea of SiteVela. An open minded person with a funny attitude but really serious when it comes of work. Bebbi SIngh is a graduate in Engineering from 'National Institute of Technology Srinagar'. A set of things that are found to be in Bebbi Singh personality - Programming Competency, Relently Resourceful, Accessibility, Pulse on the industry and the the user, Security along with many other skills. Having a successful venture, Bebbi Singh along with his possible resources always dreams for developed and digital India....

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    As Director, Pardeep Vats spearheads the user experience and user-interface speciality at SiteVela. Pardeep Vats brings in over 3 years of rich expertise in web design, graphic design and android development. He closely follows technology, social media, online marketing and design trends. He ensures every creative work from SiteVela conforms to the high standards we have set for ourselves. Pardeep Vats is passionate about food, books, movies and is an ardent dreamer.

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    As Director, Arendra spearheads the user experience and user-interface speciality at SiteVela. Arendra brings in over 3 years of rich expertise in web design, graphic design and android development. He closely follows technology, social media, online marketing and design trends. He ensures every creative work from SiteVela conforms to the high standards we have set for ourselves. Arendra is passionate about food, books, movies and is an ardent dreamer.

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