In all cases, it should be remembered that losing the wallet (data) also results in the loss of the bitcoins. This makes the mobile device even more valuable, so you shouldn't leave it lying around anywhere! If a web wallet is hacked, the problems with compensation can be much greater than if a bank's online banking is hacked. The wallet provider usually does not have a banking license, is not subject to any banking supervision and therefore does not have to comply with its rules and standards. If a bank's online banking is hacked, however, you are entitled to compensation, provided you were not grossly negligent yourself.
This can be done via an online marketplace where you can exchange real euros or US dollars for Bitcoins (one such German marketplace is bitcoin.de [2] ). When registering, you have to provide the usual personal information such as your name, home address, cell phone number and email address, after which the cell phone number is verified via SMS and the email address is confirmed via a registration link.
Each time you log in, after entering your username and password, you will receive a login TAN by email, which completes the login. We highly recommend adding belgium telegram screening a two-factor authentication system, as is typical for banks, for example using an additional one-time password generator such as Google Authenticator or a password table.
Bitcoins can also be purchased with a normal bank transfer, although the buyer's bank account must be verified beforehand. Verification can be done, for example, using a PostIdent process, for which you have to pay a one-off fee of €14.90. This verification makes you appear more credible to your trading partner. But it has a much more important aspect, because without verification there is a trading limit of €2,500 per year, with all purchases and sales being added up. There is also a further limit of a maximum of €1,000 trading volume per purchase or sales transaction.