What if we had large amounts of Bitcoin in our wallets right now? Would we have billions of Syrian pounds today?
15 years ago, none of us had thought about this topic before, we just talked about the difficulties and the problems we would face if we wanted to take bitcoin and invest it.
In this article, We will show you how to deposit Bitcoin in Kazawallet, exchange it for Syrian pounds, and then withdraw the amount.
What is Bitcoin:
It is a digital currency that was developed in 2009 by a person called “Satoshi Nakamoto.”
This currency started with a few cents for 1 Bitcoin and has reached approximately $60,000 per Bitcoin today.
Features:
- Decentralization: This currency is not subject to any country or financial institution, but it is operated through a network of interconnected devices that work together to verify transactions and record them in the blockchain.
- “The blockchain is a public ledger that records all financial transactions made using Bitcoin,” thus ensuring transparency.
- Security: Complex encryption algorithms are used to ensure that transactions cannot be counterfeited.
Uses:
- Investment, payments, and financial transfers.
What is Kazawallet:
It is a comprehensive financial management platform designed to simplify the way you handle your money.
It serves as a digital wallet that allows users to securely store, send, receive, and exchange various currencies and is easy to use.
Also, it has other features like transaction tracking, budgeting tools, and secure payment options.
How can I create an account on Kazawallet?
Key Features:
- Security: The highest security standards are followed by Kazawallet which means protecting your digital assets from any threat or hack.
- Speed: the platform ensures that your operations and exchanges are carried out quickly and smoothly.
- Exchange rates: Kazawallet provides competitive exchange rates with the feature of updating the exchange rates every 10 minutes.
- Support: Our support team is here to help you resolve your difficulties as quickly as possible.
- Multiple payment channels: our channels are multiple, comprehensive, and accessible.
Deposit Bitcoin in Kazawallet
- Log in to your Kazawallet Account: Sign in to your Kazawallet account. If you don’t have an account yet, you’ll need to create one first.
- Navigate to the Deposit Section: After logging in, find and click on the “Deposit” section.
- Select Cryptocurrency: From the list, choose Bitcoin.
- Select BTC
- Create Your Deposit Address (One-Time Step): If this is your first time depositing on this specific network, you will see a “Create Address” button. Click here to generate your permanent address. Remember, this is a one-time action for each network.
- Copy Your Deposit Address: Once generated, the address will be permanently displayed. You can now easily copy it by clicking the copy icon or scanning the QR code if you’re sending from a mobile wallet.
- Send the Funds from Your External Wallet: Go to the exchange or wallet where your crypto is stored. Start a “Withdraw” or “Send” process, and paste the address you copied from Kazawallet into the recipient field. Enter the amount and confirm the transaction.
Important: Only send (Bitcoin) assets to this address. Other assets will be lost forever.
Or you can watch the video:
Exchange Bitcoin to Syrian pound:
After adding the funds to the account, we start the exchange process.
- Go to the Exchange page to exchange your funds.
- In select currency (give) choose Bitcoin. and in the select currency (get) choose Syrian Pound.
- Then, enter the amount that you want to exchange. notice that, there is a minimum and maximum amount. and click Exchange.
Withdraw Syrian Pounds:
There are 3 ways to withdraw as you see in the picture below. choose the method that suits you.
- Go to the Withdraw page.
- Select the currency you want to withdraw from this box, including the Syrian Pound.
- Then, choose the payment method from here:
After you choose it, enter the details carefully. Congrats on doing it.
Or you can watch the video:
How to Install Kazawallet App on Android Devices
Finally,
There are many methods for exchanging money, yet what distinguishes Kazawallet is the exceptional speed and security we provide via our website and app.
