Ethereum – Revolution through Smart Contracts

Why Spotify, Netflix and Kickstarter could become obsolete Ethereum itself is not a conventional cryptocurrency like Bitcoin, but a platform for decentralized applications. The cryptocurrency belonging to the Ethereum network is called Ether. Put simply, the platform gives you the ability to create contracts that are enforced automatically and without an intermediary. So-called Smart Contracts […]

Understand the currency units of the Bitcoin

What are satoshis? No, this is not a Far Eastern fish speciality, but a currency unit of Bitcoin. Like the Euro or US-Dollar, the Internet currency uses small units to make low value products and services accessible. The currency units are named after the person who invented the Bitcoin protocol: Satoshi Nakamoto. While one Euro […]

Lesson 3 – VELOXXA Sign Up

In cooperation with our partner VELOXXA, we offer you your own and fully-fledged bank account with Coinygram. The bank account will be provided to you permanently free of charge. You don’t have to worry about account management fees. To set up your account you have to register with VELOXXA first. In the first step, you […]

Lesson 2 – Deposits via PayPal

Coinygram offers the possibility to deposit euros via PayPal. To make a deposit, click on “Deposit now” on your dashboard and select “EUR” as option. Now enter the amount you wish to pay in. In addition to the deposit option through our banking partner “VELOXXA”, you can select PayPal as your deposit option on the […]

Lesson 1 – How to register at Coinygram

The registration process at Coinygram is very simple. Please enter your name and email address. Also choose a password that is as secure as possible. This password must consist of at least eight characters and contain an uppercase letter, a lowercase letter and a number. Optional additional data We recommend every user to fill in […]

Bitcoin, Blockchain and Satoshis

The crypto world in simple words Bitcoin, Blockchain and Satoshis… That are definitions you have already heard but cannot really explain? No problem, because if you have read our articles, you will not only be able to explain these terms, but also understand the crypto market, know the potential of the new technology and know, […]

How does payment with cryptocurrencies work?

Around the world in under 60 minutes Bitcoin and other cryptocurrencies are not physically handed over like a Euro coin or transferred via an ordinary bank transfer. Transactions are handled directly over the respective blockchain network. For example, Bitcoin uses the Bitcoin network and Ethereum uses its own Ethereum network. In contrast to a bank […]

How Bitcoins are stored

Well secured and always ready to reach – All information about the Wallet Bitcoin is a purely digital currency and therefore cannot be physically passed on like a coin or banknote. The exchange of Bitcoins and all other cryptocurrencies is exclusively digital and takes place within the blockchain network. To store your Bitcoins or other […]