Bitpay Net



  1. BitPay Wallet BitPay Wallet is the HD-multisignature wallet originally built to secure BitPay's funds. BitPay supports multiple personal and shared wallets, testnet, and the full Payment Protocol.
  2. BTCBIT.NET is a reliable cryptocurrency trading platform. With the help of our service, you can make the exchange of such electronic currencies as: Bitcoin, Ethereum, Litecoin, Zcash, XRP, withdraw them to a bank account, a private bank card or replenish your wallet.

The price of BTC has risen to new heights and this could probably go for a solid year or more. With that being said, people, of course, would hear about this BTC “thing” and start buying their own share of this coveted cryptocurrency. The hype would multiply the value of the coin more than a thousandfold and this naturally directs people into channels that dispense Bitcoin or any cryptocurrency they want.

It’s finally here - digital currency exchange mobile app you can bank on! BitBay is the #1 digital currency exchange in Europe CEE, used to buy, sell and store Bitcoin, altcoins (ETH, LTC, XMR, XRP and more), as well as FIAT currencies (USD, EUR, etc.). Awarded with the title of “The Best Cryptocurrency Exchange” during Cryptocurrency World Expo 2017 and Berlin Summit 2018, BitBay.

Review Contents

Today, we will be looking into one of the websites that act as a BTC exchange and trading platform at the same time. We are talking about Bitbay.net. We will look into what they have for us, what their background is, their features, how to deposit and all that fun stuff! Without further delay, let’s talk about that!

Background


The website was established in 2014 and has grown to be one of the largest exchange websites in Europe today. Based in Poland and a new office in Amsterdam, the company is spearheaded by their CEO Sylwester Suszek –who is well-versed in the finance world. Bitbay.net is also active when it comes to charity events, conferences, and education to raise awareness on how huge the crypto-world is today and how people can take advantage of it.

Verification with Bitbay.net

Now that we’ve talked about their background, let’s create an account with them. To create an account, head over to their website Bitbay.net and click on the Register tab located on the upper most part of the homepage. Once you have clicked on the register tab, a separate tab will be provided with an option to choose which method you want to go with, but there’s only actually one choice and that is to provide an active email.

At this point, we figured that the website doesn’t have any problems creating an account anonymously. Once an email has been provided, you will be prompt that they have sent an email confirmation to the given address. The confirmation is fairly fast and should arrive at your mail within seconds of clicking it. Surprisingly, the registration isn’t done yet. After clicking on the confirmation email, you will be redirected back to their website with fields that you need to provide. This includes your login, password, and a personal PIN, country of origin and preferred currency.

To go beyond an unconfirmed account, you just need to log into your account and have it verified once all the requirements are submitted. Requirements will include address confirmation, identity confirmation, proof of address file, and ID file to be uploaded to the website for verification purposes.

Features


One of the awesome features that they have would be their BitBay card (MasterCard) in which owners of the card are able to withdraw cash from local ATM’s in Poland and abroad. With 10,000 PLD withdrawal limit per day, you will automatically have an outlet to withdraw money from your exchange account. To read more about this awesome feature, please click here.

Trading with Bitbay.net

Now we’ve come to the most interesting part of the review, which is their trading platform. Our first impression is that the website’s trading platform is properly designed and pretty much looks like the usual exchange websites today since the main tabs are located on the left-hand side of the platform. Not shown in the screenshot, but on the upper left-hand side of the candle chart, the market and currencies can be seen.

Here, traders are able to see the pairs against USD, PLN, EUR, and BTC. To name the pairs under USD, we’ve got BTC, ETH, LSK, GAME, BCC, BTG, LTC, and DASH. For PLN, EUR, and BTC, we’ve got the same pairs listed.
Shown in the screenshot, to purchase or sell you just need to provide the amount you want to purchase and the platform will automatically provide you with how much BTC you will receive after their conversion rate is processed. The latest transactions can be seen on the right-hand side of the platform with the rate it was a purchase, the amount of BTC of the transaction and when the transaction took place.

Below that is where all your orders will be listed once they have gone through. It would have been better to have a test account but it seems that their website doesn’t have this feature. Their exchange platform is really informative and easy to use without any problems in regards to the website’s response ability since there was no delay experienced when we went through it.

Purchasing BTC


For people that just simply want to purchase BTC from the website, all you need to do is click the “Wallets” tab found on the main panel located on the left-hand side of the account page. Here users are able to purchase different currencies depending on the available listed currency. This would, of course, include the mentioned currencies earlier in the review.

Bitbay.net Fees

Generally, their fees here at Bitbay.net would depend on the monthly volume trade size. The taker fee for the website ranges from 0.25 to 0.43% and the maker fee runs around 0.17 up to 0.30% per transaction. You can read more about the complete list of fee schedules here.

Deposit and Withdrawals

The website accepts BTC or their available cryptocurrency deposits. What’s even better is that they also accept Fiat deposits for their Fiat currencies namely USD, PLN, and EUR. Options include Wire Transfer for USD and EUR. For PLN, we’ve got Poczta Polska and Zabka and of course, Wire Transfer.

There are no charges for cryptocurrency deposits and USD/EUR wire transfers this also includes PLN wire transfers. The only charge for deposits would be for the other options for Polish deposit options and is 2% of the deposit value plus store charge for Zabka.

Pros and Cons

Pros

  • Accepts Fiat Currency Deposits
  • Physical Card
  • A lot of deposit options

Cons

  • Unregulated
  • Limited number of coins

Supported Payment Methods

  • Wire Transfer
  • Polish Post Office

Supported Countries

All countries are allowed except: Algeria, Bangladesh, Bolivia, Cambodia, Ecuador, Egypt, Indonesia, Iraq, Kyrgyzstan, Macedonia, Morocco, Nepal, Pakistan and Vietnam.

Bitbay Review Conclusion

Overall, Bitbay.net is great since they have the ability to turn your online crypto into real spending money with the use of their physical card. They also have flexible deposit options to choose from which is always great when it comes to exchanging websites. We had fun going to their website especially their trading platform since it’s really easy to use. The only thing that we think that they should work on more would be the available coins they have. Please do let us know what you think about the website in the comments section below.

Understand the Risks in Using the BitBay Web Wallet

Cryptocurrencies provide people with the power to control and own their money. Cryptocurrency wallets are not a bank. Moving away from the use of the typical banking system requires new responsibilities upon cryptocurrency users. We highly recommend using the Markets wallet vs this web wallet for the sake of added security. This BitBay web wallet is a free, open-source, client-side interface. It allows you to transact and store BitBay without the need to run a full BitBay node. The web wallet has 2 formats to access it, either through a stand alone offline wallet or through a legitimate website host for the sake of hosting multisignature services. What makes it so secure is that legitimate website hosts do not in any way store any private data on their server for accessing the wallet - the wallet is completely independent of the website. This wallet grants the ability for websites to provide simplified payment services without any security risk on their part for hosting it. In other words, if the website is ever hacked, your wallet will still be safe! However, what makes it insecure is when entering your login credentials on a fraudulent website it will result in you losing your coins. Scammers tend to use fear tactics to startle your common sense. Any emails received pertaining to the security of your web wallet will ALWAYS be malicious in nature and responding to these emails could lead to the LOSS OF YOUR COINS!

Notice of your Private Login Key

When creating new accounts, emails are requested because they provide a failsafe against duplicating passwords, since no two email addresses are the same. However, understand that IN NO WAY DOES THIS PROVIDE YOU WITH A FAILSAFE FOR PASSWORD RECOVERY. We highly recommend creating a new email account just for the sake of creating your web wallet - and do not use the account for sending and receiving emails. Different email password combinations are what create distinctive individual wallets. Be careful when entering your details as LOST LOGIN CREDENTIALS CAN NOT BE RECOVERED! We do not store any data about our users, not even email addresses. We do not confirm if an email is valid. It is only used to create your private key.

  • Bitbay
The following information can be used to recover your account and funds. You can manually copy them or print them and store them in a safe place. Do not share them with anyone as it provides access to your wallet and therefore your funds.
in here will populate with wallet info

This page uses javascript to generate your addresses and sign your transactions within your browser, this means we never receive your private keys, this can be independently verified by reviewing the source code on github.

- Bitcointalk
- Twitter
- Facebook
- Google+
- The new and improved Official Site!
- The original Mirror Site linking directly to Halo ftp
Telegram: @bitbayofficial
Slack: http://bitbay.slack.com/
Want to see where all the action is?
Most of the fun, testing and core community chat happens on slack! Please join us there by using this link:
http://bitbay.market/wp-login.php?action=slack-invitation


History

New Address create a new address

Any keys used you will need to manually store safely as they will be needed later to redeem the $BAY.

Address Options

You can use the advanced options below to generate different kind of keys and addresses.



New SegWit Address Smaller & Faster Transactions

Any keys used you will need to manually store safely as they will be needed later to redeem the $BAY.

Address Options

You can use the advanced options below to generate different kind of keys and addresses.


New Secure Multisig Address

Public keys can be generated in your browser or from your BitBay client.

Enter the public keys of all the participants, to create a multi signature address. Maximum of 15 allowed. Compressed and uncompressed public keys are accepted.

Tutorial on Multisig Creation and Spending

Need a Mediator?


Enter the least amount of signatures required to release the coins


Payment should be made to this address:

This script should be saved and should be shared with all the participants before a payment is made, so they may validate the authenticity of the address, it will also be used later to release the coins.


New Time Locked Address Coins can be released only after a certain date

Use OP_CHECKLOCKTIMEVERIFY (OP_HODL) to create a time locked address where the funds are unspendable until a set date and time has passed.

Public keys can be generated in your browser or from your BitBay client.

Enter the public key that will be able to unlock the funds after a certain date.

Enter the or required to release the coins:

This must be a UTC/GMT time - Need help to convert your time to UTC/GMT? http://time.unitarium.com/utc/

Net

Payment should be made to this address:

This script should be saved and should be shared with all the participants before a payment is made, so they may validate the authenticity of the address, it will also be used later to release the coins.


New HD Address making bip32 even easier

Use the form below to generate a master hierarchical deterministic address.

Address Options

Net

You can use the advanced options below to generate different kinds of master addresses.

Transaction Create a new transaction

Use this page to create a raw transaction

Address, WIF key or Redeem Script:

Itunes download apple store.

(80 byte limit, 40 bytes recommended)

When using this option you may enter a hex string or address into the address field on the output tab.

The locktime indicates the earliest time a transaction can be added to the block chain.

Indicates the timestamp of a transaction.

The settings page can be used to select alternative networks of which you can retrieve your unspent outputs and broadcast a signed transaction into.


Donate!

Enter the address and amount you wish to make a payment to.

Enter the details of inputs you wish to spend.



The transaction below has been generated and encoded. It can be broadcasted once it has been signed.


Size: 0bytes


Verify transactions and other scripts

Enter the raw transaction, redeem script, pubkey, hd address or wif key to convert it into a readable format that can be verified manually.


Redeem Script

The above redeem script has been decoded

?



Transaction Script

The above script has been decoded

Transaction Time:
Lock time:
RBF: This is a replace by fee transaction!
Reputable bitcoin exchanges usa
TxidNScriptSigned?MultiSig?
AddressAmountScript

WIF key

The above wif key has been decoded

Address:

Public key:

Bitpay Net

Private key:

Is compressed:

Public key

The above public key has been encoded to its address

Address:

HD Address

The key has been decoded

Chain Code
Parent FingerPrint
Index

Key Derivation

The path of key derivation

Index (Start)

Keys

Keys derived from the hd address provided

IndexAddressPrivate Key (WIF)Extended xPubExtended xPrv


Sign Transaction once a transaction has been verified

Once you have verified a transaction you can sign and then broadcast it into the network.



Advanced Options

SIGHASH_ALL: The default, signs all the inputs and outputs, protecting everything except the signature scripts against modification.
There is a problem with one or more of your inputs, please check and try again

The above transaction has been signed:

Size: 0bytes


Broadcast Transaction into the BitBay network

Enter your hex encoded BitBay transaction



Buy Bay

Development Javascript framework, API and more

This section is currently under development and is subject to change.

About Bitbay Web Wallet

version 1.0

Github https://github.com/OutCast3k/coinbin/

What is Bitbay?

Bitbay is a working real-world cryptocurrency powering a fully-functional decentralized marketplace that allows you to buy and sell goods and services easily, securely, and anonymously. The protocol also has a revolutionary dynamic rolling peg that controls liquidity and allows for price stability and growth. Most importantly, the marketplace uses a double-deposit escrow system, meaning that no one can profit from dishonest behaviors – all contracts must be fulfilled as written. This means no unjust arbiters or middle men. Use the platform to send payments to friends via email, barter, trade cash for coins, form joint accounts, vote and much more. The software is also completely FREE to use.

If you are looking to buy some Bitbay try:
- Bittrex.com
- Cryptopia.co.nz
- C-Cex.com

Information

Coinb.in is a free and open source project released under the MIT license, originally by OutCast3k in 2013. Discussion of the project can be found at bitcointalk.org during its early testing stages when its primary focus was to develop a proof of concept multisig solution in javascript.

'Bitbay offline Wallet' is modified to work with Bitbay assets by (Anoxy) anoxydoxy@gmail.com

Privacy

Coinb.in beleives strongly in privacy, not only do we support the use of TOR, the site does not collect and store IP or transaction data via our servers nor do we store your BitBay private key. We do route traffic via cloudflare using an SSL certificate.

Support

We recommend that you first check our service status page, if the problem persists you can contact us by emailing support{at}coinb.in.

Donate

Please donate to bSMzMgbBQSmEMw8y3D4QHbVb5T8YF2X4nx if you found this project useful or want to see more features!

Bitbay offline Wallet Welcome to the decentralized markets of the future

Be your own bank, take control of your own money and start using Bitbay today!

Login to your Wallet or Manual Transaction

Open Source

Coinbin is an open source web based wallet written in javascript and released under the MIT license which means it's free to use and edit.

MultiSig

We offer a fully transparent multisig solution which works seamlessly offline and with other BitBay clients.

Raw Transactions

Create, verify, sign and broadcast custom raw transactions online with advanced features and minimal effort!

Wallet

Quick access to an online wallet where only you have access to your own private keys!

Addresses

We support regular addresses, multisig and stealth all with access to your own private keys!

Development

Use what we've built to write your own projects! See our documention (coming soon), or contribute at github.

Settings making coinb.in even better!

These simple settings below make coinb.in one of the most decentralized wallets in the world.

Network:

Select which network you'd like to use for key pair generation.

Priv:
Extra unit field value?:
Symbol:
HD Priv:

You will not be able to automatically broadcast or retreive your unspent outputs from coinb.in when using this setting and will need to use your desktop client instead, however everything else such as creating key pairs, addresses, transaction generation and signing will continue to function normally.
Broadcast

Bitcoin Sign Up Account

:

Select the network you wish to broadcast the transaction via

Unspent outputs:

Bitbay Logowanie

Select the network you wish to retreive your unspent inputs from

Bitpay Net Worth