Frequently Asked Questions

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The primary method of requesting support is our support email address info greenaddress. If you have found a bug or wish to request a feature in our software, you can also report it as an issue against the appropriate Pen green address bitcoin repository.

You can also post questions on our subreddit. In some cases fellow GreenAddress users may be able to respond to your query before we are able to. Support is offered on a best-effort basis. We prioritize addressing security problems and bugs in the software providing the service. If your question is answered in this Pen green address bitcoin, and in particular, if it pertains to pen green address bitcoin credentials, it may be some time before we respond to you.

Unfortunately we receive a pen green address bitcoin volume of spurious email and we cannot always respond instantly. We are working to improve our email response time and will update this FAQ whenever the support policy or support solution is changed. If pen green address bitcoin have specific support requirements please contact us to discuss your needs. Your main GreenAddress account is a 2of2 account. This means that two signatures are required to validate any transaction: We sign your transaction only if it complies with the limits you have enabled, and only when you provide two-factor authentication.

This means that a potential coin thief has to first access your wallet and then also hack into your two-factor authentication in order to try to steal your coins. A 2of3 account requires two out of three signatures, where the third signature is from a backup key known only to you.

This gives you the security benefits of a 2of2 account, while still allowing you to move your coins in the event that the GreenAddress service is pen green address bitcoin. You can read more about 2of3 recovery here. Please see below for details of recovery transactions which allow you to move coins from 2of2 accounts. When you send an ordinary Bitcoin transaction, the recipient of the coins must take care pen green address bitcoin the transaction is confirmed mined into a block on the blockchain so that they cannot be defrauded.

An attempt to defraud is usually made by "double spending" coins - after sending a pen green address bitcoin to someone, the inputs are then re-spent in a new transaction that pays someone else.

To avoid this risk, it pen green address bitcoin usually recommended to wait for at least six blocks after the transaction is mined. This introduces undesirable delays when sending. Because GreenAddress 2of2 accounts only allow sending coins when they are signed by both you and us, the service can act as a kind of guarantee that your coins cannot be double spent, since the service will not sign another transaction for the same coins when one is already in-flight.

Services that choose to rely on this can therefore trust that a transaction they receive from GreenAddress cannot be double spent, eliminating the pen green address bitcoin to wait for the transaction to confirm. These are known as instant transactions and they can be sent pen green address bitcoin ticking the "instant" checkbox when sending coins from our wallet software.

Funds in your main GreenAddress account or a multisignature pen green address bitcoin subaccount require 2 signatures to be spent: In order to protect you from loss of access to your funds should GreenAddress become unavailable GreenAddress automatically creates pre-signed transactions which you can subsequently countersign to recover the funds to an address controlled solely by you.

These transactions are called nLockTime transactions because they can only be spent and confirmed by the network after a specific period of time. If the service becomes unavailable, you simply wait until the specified period 90 days by defaultthen sign and send the transaction using our open pen green address bitcoin recovery tool garecovery.

Once the nLockTime period expires these nLockTime transactions would allow you to recover the funds in the 2of2 account without requiring GreenAddress's signature. This also means that any limits placed on your spending in GreenAddress, such as 2FA requirements, cease to be enforceable by GreenAddress, and that these funds are no longer available for use in instant transactions because GreenAddress cannot guarantee that you have not tried to double spend them. At this point GreenAddress will prompt you to redeposit the coins by sending them to yourself.

This creates a new nLocktime transaction for you, while re-protecting the coins by once again requiring a GreenAddress signature to spend them. In this way you can take advantage of instant transactions from 2of2 accounts, while always being sure you can retrieve your funds if the service is off-line.

The redeposit operation is a pen green address bitcoin bitcoin transaction and as such is subject to the usual network transaction fees.

You can place your funds in a GreenAddress 2of3 account, in which case GreenAddress does not generate nLockTime transactions and therefore no redeposits are necessary.

You can increase the nLockTime period on your account which will reduce the frequency of the redeposits. The downside of this is that should you need to recover your funds for example, because you lose your two factor authentication you will have to wait for longer. We recommend that you redeposit your funds when reminded, however redepositing is optional and failure to redeposit will not necessarily lead to the loss of any funds. The main consequences of not redepositing are:. Pen green address bitcoin funds in the account will no longer be eligible for instant confirmations because GreenAddress can no longer guarantee that you have not tried to pen green address bitcoin spend them.

It becomes possible that anyone with access to both your mnemonic and the pen green address bitcoin. No, GreenAddress does not support this. GreenAddress will only sign standard bitcoin transactions. Yes, our https site supports Tor users. Our mainnet production site is at http: Unfortunately, many banks and payment services such as PayPal don't yet support Bitcoin directly.

For the time being, you can exchange pen green address bitcoin money using bank transfers and sometimes debit or credit cards via an intermediary like a Bitcoin exchange or a broker.

There are also online services and communities where you can arrange to exchange cash for Bitcoin. Pen green address bitcoin is an area of rapid change and innovation and so we do not list or specifically recommend any services in this space. The best service for you depends on many factors. We suggest you locate local services using your favorite search engine and carefully review any potential options.

You should see new transactions in your wallet within seconds of it being sent by the payer. If you can not see your transaction in a block explorer, it probably means it is still propagating or failed to do so for example, setting the fee too low can cause transactions to be dropped.

We have sensible rate limits to prevent the service from denial of service attacks. It is extremely unlikely that a user will encounter these limits under normal use. If you find that you are hitting a rate limit, please contact support with the pen green address bitcoin.

If you have a requirement that exceeds the current limits, please feel free to contact us to discuss your needs further. Addresses change constantly for privacy and security reasons.

Re-using old addresses makes it easier for others to group transactions together and can be less secure. While GreenAddress does correctly process multiple payments to the same address, we recommend not re-using them. Addresses should be thought of as one-time receipt IDs rather than as unchanging identifiers such as traditional bank wire details.

Please see the API documentation pen green address bitcoin more details. All previously generated addresses are available in the Receive tab under Advanced Options when using the Chrome or Cordova wallet clients. Your private keys are not stored.

They are derived on demand from your mnemonics as a seed to a BIP32 hierarchical wallet. Your mnemonics and private keys are never sent pen green address bitcoin the server.

The server receives the public key and chaincode for generated addresses only. When you create a PIN, a random bit AES pen green address bitcoin is created and used to encrypt your mnemonics and store them on your device in encrypted form. This password is sent to the server and destroyed on the client. If the server is given the correct PIN when logging in, it will return the password to the device in order to decrypt the mnemonics.

If the server is given the wrong PIN three times, it will destroy pen green address bitcoin password at which point the user must use their mnemonics to log in. Note that the server never sees your mnemonics at any point.

If you can't remember the PIN you use to login to your wallet, you will need to use your mnemonics to log in instead. After entering the wrong PIN three times, the back end service will delete its copy of your wallet's random decryption key, at which point the PIN can no longer be used. Your wallet client will then ask you to login using your mnemonics and you can pen green address bitcoin using the service as normal. The service never knows your mnemonics or passphrase; We cannot help you recover them if they are lost.

If you have a wallet with PIN entry enabled, you can use your PIN to log in to the wallet and then view the mnemonics from the settings menu. You should then write them down and store them safely. In all other cases you will only be able to retrieve your mnemonics by brute force trying various combinations of valid words. This is similar to how a hacker might try to break into your wallet, and is not generally feasible.

You should research third party services for wallet recovery, as GreenAddress does not offer assistance or support for wallet cracking for obvious reasons.

You should always have at least two different two-factor options enabled. As long as you keep these backups you can maintain access to your coins even pen green address bitcoin you lose access to one method for any reason.

In cases pen green address bitcoin you have lost access to all of your two-factor methods, we have no way to return control of your coins to you.

We take our users' security very seriously; we have never disabled two-factor authentication for any user once enabled, unless explicitly authorized to do so via another two-factor authentication method. We follow the restrictions that you placed on your account without exception.

If your coins are in a 2of2 account then you will need to recover your authentication - we cannot disable it in this or any other case.

Alternately, if you had enabled nLocktime transactions then you can use them to recover your coins after the nLocktime expires 90 days by default. If you transferred your coins to a 2of3 account then you can move them without two-factor authentication since you have 2 of the 3 required signatures. If pen green address bitcoin, then unless you can recover your authorization we cannot help you. As noted, 2of3 accounts can be used to avoid requiring authentication also.

These future mitigations require careful design and development to ensure that they cannot be exploited by attackers.

It may be some time before we can safely implement them. Our two-factor authentication system is a security measure that we include to ensure that even if a malicious party steals your mnemonics, they cannot access your wallet and steal your funds.

We do not do this, because if we did so, it would compromise all the security offered by 2FA in the first place. Any malicious party could steal your mnemonics, and then contact us asking us to reset the 2FA, and then they could access your funds. As such, we strongly urge users to set up at least 2 different 2FA methods.

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Bitcoin is a digital currency. Bitcoins can be used to transfer value over the Internet in a matter of seconds just like you would send an email. The value of bitcoin and its transactions are stored in the blockchain. Everyone can run the open source Bitcoin software on his PC, laptop or smartphone to store, receive or send Bitcoins.

Bitcoin is not controlled by any bank, government or company, it is a decentralized peer-to-peer network and is managed by millions of computer worldwide running the Bitcoin software. Bitcoins possess value because only a limited number of bitcoins exist and people value the decentralized, anonymous and virtual characteristics.

Bitcoin is often called a virtual currency, which is a somewhat misleading as most currencies we use today are mainly stored virtually as 1 and 0 in a bank computer.

The main difference is fiat currencies are backed by governments and digital currencies are backed by mathematics and computer power. To use Bitcoin you need a wallet, this can either be a piece of software or an account with one of the wallet providers.

Both have advantages and disadvantages. Once you have set up a wallet you are ready to buy some Bitcoins. Only email and Bitcoin address needed. SEPA takes just one business day. Buy Bitcoins on the market a this exchange. Works as a bank account so an extended identity verification is needed. LocalBitcoins All payment methods you can think off A marketplace for trading Bitcoins.

Buy Bitcoins from another person locally for cash or with an online payments method. LocalBitcoins works as an escrow so you have no risk of loosing money. Coinbase Buy Bitcoins with a SEPA or international wire transfer Once you have verified your identity and created an account it is easy to buy Bitcoins with a bank transfer. Look here for a complete list.

Thanks to the popularity of the bitcoin network and the limit of the number of transactions the costs for a transaction have risen quite a bit. For smaller payments, it pays to look into other crypto valuta. For the average user, the working won't be much different to Bitcoin. And with a wallet like Exodus exchanging crypto valuta has become a piece of cake. Azarius accepts a number of crypto valuta, look on our order information page for an overview. Your monthly dose of awesomeness! Never miss out on special offers, contests and our newest products.

Your cart is rather empty. Home Customer Service Bitcoin. Bitcoin Show menu Hide menu. Just like sending an email, in a matter of seconds, you can send your Bitcoin to the other end of the world. The price is the same, the speed is the same, the only thing you need is a computer or mobile with an internet connection.

A bitcoin transaction is not linked to a person or place. A Bitcoin transaction is validated by thousands of computers worldwide and can't be intercepted or canceled. If you backup and store your bitcoins in a safe place, no one can access them. It's easy to use. Just create a bitcoin wallet online or install a wallet on your computer or phone, buy some bitcoins and you're ready to go. There is no bank involved that can block or reverse your transaction so no extra charges. It's deflationary by nature.

Bitcoin is likely to increase in value over the long term because it is a deflationary currency as opposed to the inflationary euro, dollar and other fiat currencies. This is because governments and banks create a lot of new euros and dollars every year, but after a while, no new bitcoins will be created. Just like internet or torrent networks so it is hard to suppress by any government or organisation. How to use bitcoins? You provide a good backup and a strong password.

Bitcoins stored on your phone, you are in control of your bitcoins. If you have no backup and you lose your phone, the bitcoins are gone. Setup Mycelium wallet Electrum Desktop A lot of functionality and control over your bitcoins. You can create different bitcoin accounts. If you don't make a back-up and your computer crashes you lose everything. For this reason always make a back-up on USB, paper, etc! Setup Electrum wallet Exodus Desktop Beautiful design and very userfriendly.

Supports many coins like Dash, Etherium and Litecoin which you can easily exchange in your wallet through Shapeshift. Available for desktop, mobile and online. Control over Bitcoins is shared between GreenAddress and your software. Where to get Bitcoins? Ethereum, Dash, Litecoin, etc Thanks to the popularity of the bitcoin network and the limit of the number of transactions the costs for a transaction have risen quite a bit.

Further information The Bitcoin Foundation is a good source of information for starting and experienced Bitcoin users. A clear introduction to Bitcoin by Andreas Antonopoulus.

Newsletter Your monthly dose of awesomeness! Are you at least 18 years old? To visit our webshop you must confirm that you are at least 18 years old. A lot of functionality and control over your bitcoins. Beautiful design and very userfriendly. The advanced bitcoin uses will miss some functionality and privacy is not optimized for all coins. Pay with any of the above payment methods and receive your bitcoins within a couple of minutes.

Once you have verified your identity and created an account it is easy to buy Bitcoins with a bank transfer.