Pay4y.com is the partner of Gefara Group, with headquarters in Vienna.
The ability to work with different crypto-currencies in one service.
Advantageous exchange rate, minimum commission for conducting operations.
- Attentive technical support
- Intuitive interface
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Choosing and creating cryptocurrency wallet with Pay4y
Pay4y is an expert service for working with cryptocurrencies. In addition to bitcoin here you can store, buy, sell and send alternative currencies such as Zcash, Litecoin and Dash. As of right now blockchain industry is only gaining ground all around the world and cryptocurrencies still have a long way to go before they become a common part of our daily lives. That said the majority still considers bitcoin to be the best example on the market and request for BTC online wallets is still the highest. That is why we review our services through the example of bitcoin, but everything mentioned below is equally relevant for all the other cryptocurrencies.
Only about a thousand people own 40% of the total number of bitcoins in circulation. At the same time, 90% of the bitcoins of addresses contain less than 0.1 BTC.
Before you create that long-awaited bitcoin wallet account let's try to figure out what is it exactly. The first thing you need to understand is that you can not save bitcoin itself. In fact, you have a unique key that opens a special bitcoin location and that's the thing that you need to keep secure inside the wallet. This is fairly logical and can be easily explained by the fact that bitcoin itself is not material and is actually an encrypted blockchain address.
Blockchain - is a sequenced chain of blocks that contains information, built according to certain rules. Most often, copies of chain blocks are stored independently on a variety of different computers.
The first question that probably comes to your mind is where to store bitcoins and satoshi after you get them. There are several options. Firstly, you can buy a special device, usually it resembles traditional flash drive, protected by a pin-code and another additional password. The loss or destruction of this device, unfortunately, is irretrievable so your cryptocurrency is going to be lost forever. Not to mention that this device, unlike bitcoin wallet option online, will not be provided to you for free. The second way is extremely inconvenient if you plan to actively use your funds: just print out bitcoin address making a sort of "paper wallet" and don’t forget where you put it. Another common option is to keep all bitcoin id data on your own computer. However, keep in mind that the loss of such wallet means irretrievable loss of bitcoins.
In 2013 James Howell lost 7,500 BTC by accidentally throwing out his hard drive that costed him approximately $ 80 million. But he does not give up and keeps searching for it.
And, finally, one more option is to open bitcoin wallet in the web. E-wallet is by far one of the most secure ways to store cryptocurrency. There are a lot of different platforms on the Internet, each has its pros and cons, but the main characteristics you have to consider while making a choice are convenience, privacy and reliability. Do not hope that someone will be able to advise undoubtedly best bitcoin wallet in the network, because this issue is very individual. We’ll tell you all about our benefits but the decision is yours.
After you receive bitcoin in your electronic wallet, it automatically places cryptocurrency in a randomly selected drawer in the block. The total number of such drawer significantly exceeds the number of seconds that equals our universe’s age.
Pay4y cryptocurrency wallet
Free Bitcoin wallet.
Perhaps the most popular cryptocurrency today and does not require a special presentation. On our website you can open a secure bitcoin wallet, as well as buy, sell and even send BTC to other users within the platform. Among other things, you can send cryptocurrency to a user who is not a Pay4y customer, in this case he will receive a message with a link to create his own account.
Free Litecoin wallet.
Litecoin was created in order to take the place of "silver" under the primacy of "gold" bitcoin and very quickly found serious support in the blockchain industry. Among the main differences: more coins (4 times more than BTC) and faster transactions. And although bitcoin is still a confident leader, litecoin is known for the ease of obtaining and conducting transactions.
Free Zcash wallet.
Another answer to bitcoin with the focus on confidentiality. Zcash uses transparent processing method, which allows to display information about user transactions selectively. By using a special cryptographic protection tool users who make transactions with Zcash do not need to disclose their addresses. The combination of privacy and all the advantages of blockchain technology makes Zcash an attractive option for business and large organizations.
Free Dash wallet.
Dash is the fork of bitcoin that also aims to provide users with a faster and more confidential service. Confirmation of transactions takes a few seconds which eliminates the risk of double spending. In April 2017, Dash took the 5th place in the ranking of the most popular cryptocurrency.
Registering an account on Pay4y - is very simple procedure and does not take much time either: you just have to go through a few simple steps, and of course we will guide you all the way.
After you click on the "Register" button, you will need to enter your current phone number and create a password. After pressing the registration confirmation button, the SMS message with a disposable code will come to the number you indicated earlier. Enter it in the new popped up window and log into your new account.
Pay attention: the longer is the password and the more different characters it contains, the more reliable you will protect your bitcoin wallet; we recommend that you use not only letters and numbers, but also acceptable punctuation marks.
2. Filling in personal data
In order to become a fully registered member of our web site, you need to fill in some personal information. Enter the name and currently valid email address and then click on the save button. Be sure to check if the mailbox you mentioned is correct as you need to confirm it later on by verifying another disposable code you receive in the letter.
The third and final level of protection, PIN-code, should be created and entered on the digital display below. The length of the PIN-code varies from 4 to 8 digits. Be sure to keep this code secured (preferably in handwritten form instead of your computer), because in case you lose it the restoration is only possible with the help of our support team. By clicking on the save button and re-entering the PIN-code, you will successfully complete the process of creating your bitcoin account and can start enjoying all the benefits of Pay4y.
You can top up the balance by using SEPA bank transfer in Euros, traditionally with VISA, and via number of alternative payment methods, such as SOFORT, Neteller, Skrill.