PIVX is the fastest, lowest cost method to send money back home...
...and if you have savings, and instead use the PIVX Wallet as a "savings account" to earn more PIVX...
PIVX could be a way to send "free" money back home.
Here's how in 3 steps:
- set up the PIVX wallet and buy PIVX,
- send you family a Uquid Visa debit card (or have them obtain one),
- load you income from the PIVX wallet onto the Uquid Visa debit card.
Our goal is to transform the Global Economy by empowering everyone with their own Free Market money. PIVX is the global community criptocurrency that has USD value. Because PIVX has USD value, it can be traded directly for value or converted to USD or other currency and spent.
Advantages of PIVX:
- Instant transactions,
- Extremely low transaction fees,
- You can earn interest (Instead of having a bank savings, have a cryptocurrency "savings" account).
PIVX uses a very energy efficient protocol and pays its owners to provide computing power (Bitcoin, et al pay other computers, for example).
PIVX "rewards" are randomly generated (for security purposes) based on how many PIV are in the PIVX wallet - approximately 2 PIV per 1000 PIV in PIVX wallet every 10 days, 2 PIV per 100 PIV every 100 days, etc.
So with a 5000$ USD PIVX wallet, you could send as much as 40$ USD worth of PIVX back home, every month, at no extra cost to you.
Step #1. Load to PIVX wallet and buy PIVX
1.1. Go to pivx.org (translation available on top right).
1.2. Download the PIVX wallet (near bottom of page) and install. It will take approximately 12 hours to sync (*see below for shortcut - takes 10 min) - this is because you will be running the entire "blockchain" which is very powerful for PIVX security. If on Windows, go to "Power & Sleep Settings" and change to "never" for battery and plug in. Then if laptop, click on "Additional Power Settings" and "Choose what closing the lid does" and choose "Do nothing". Click "Encrypt wallet" and enter your chosen password. There is no way to retrieve this password if lost - write it down off computer and store in a secure place. It is that secure. It will take a minute to encrypt the wallet and shut down. Restart the wallet. Click "Settings" and "Unlock wallet" - check the "for anonimization and staking only" box and enter your password. Any PIV you send to your wallet - after 101 confirmations - will begin "Staking" - providing computing power for PIVX and randomly chosen based on how many PIV are in your wallet to receive what is called the "Block reward" - approximately 5-10% return annually as noted above.
Step #1.3. Buy Bitcoin
1.3.1. Easiest, low cost way to buy is through SpectroCoin
1.3.2. Higher cost methods include LocalBitcoins - check to see price over spot. Prices vary from 5-15%+ to buy in person. You will need a (Bittrex)[http://bittrex.com] or SpectroCoin bitcoin wallet address to give to the seller when your buy in person. It is actually very simple. You both sit down at the coffee shop, confirm pricing method. Then you place an envelope with the cash on the table, they count to see how much, then you both look up price on SpectroCoin or other exchange pricing and then add the margin 5-15%+ and divide by amount of cash. That's the number of bitcoin they will send. Then they send it, you wait until you have at least 1 or preferrably 2 confirmations and then they put the cash in their pocket and walk away. They don't take the cash off the table until it's done.
Step #1.4. Buy PIVX
1.4.1. The lowest cost method is to send bitcoin to Bittrex and then buy directly on the exchange. To do this, open an account with Bittrex. They do not limit deposits, only withdrawals based on level of your disclosure to them. Go to "Wallets" then to the left of the "Bitcoin" there will be a "+" click on that and you will see your bitcoin wallet address. Send bitcoin from SpectroCoin or have your local seller if you buy local send to that address.
Then go to "B" (Bitcoin) markets and search for PIVX, click on PIVX. Price is in bitcoin. Look at "Buy" offers and "Sell" offers and then type in that price you want under "Price" and then click "Max" to buy the maximum amount of PIVX. Be very careful to type in accurately what price you are offering with the correct number of zeros (0.000 for example) in front of any price. Once order is completed, go to "Wallet" and next to "PIVX" select the negative sign "-". Go to your PIVX wallet, select "Receive" and "Request Payment" to generate a new address. Copy and paste this address into the "Send" address location for Bittrex. Select amount to send or click "Max" to send all and confirm send. Always double check the first and last few numbers of the address. The transaction takes anywhere from 10 seconds to 2 minutes to complete (much faster than bitcoin) and will appear in your wallet (again, if it is fully synced, otherwise it will not appear or confirm until after). Once you have 101 confirmations that deposit to your PIVX core wallet will begin Staking.
1.4.2. The easiest method to exchange automatically via Changelly. Go to your PIVX wallet, click "Receive" and "Request payment" to generate new "Receiving address". Then go to Changelly - (also use this link as it is my referral link :) ). Then go and copy and paste your PIVX wallet "Receive" address and paste into the "Send to" section. Changelly will then give you a bitcoin address to send bitcoin from SpectroCoin. The amount Sent must be exact. Within 30-60 minutes, the PIV will arrive in your PIVX wallet (if it fully synced, if not, they will appear after synced). Total overall cost is ~5-10%.
Step #2. Get a Uquid Visa debit card
You or your family go to: Uquid
and order a Uquid Visa Debit Card.
Uquid card available in 174 countries / territories around the world.
For list of countries, click here:
https://uquid.com/blog/2017/05/lists-of-174-countries-uquid-supported-for-delivery-plastic-debit-card
PIVX can be directly loaded by sending. Click on Send and copy and paste the address Uquid will give you to send PIVX into the "Send" address in your PIVX wallet (takes 30-45 minutes) automatically converted to USD, EUR, GPB. Then your family can spend anywhere Visa is accepted!
Step #3. Send your free PIVX wallet staking rewards!
As pointed out above, the rewards a totally random but directly proportionate to the number of PIV in your PIVX wallet. You will earn approximately 5-10% annually.
For countries that don't have debit card access
PIVX can still be used as Free Market currency between people, and can become the currency that is the foundation for total Free Markets.
- PIVX is almost No Cost.
- PIVX is Instant.
- PIVX is Anonymouse - by using the mobile wallet app on your phone, it is impossible to track, and impossible for governments to suppress.
Send PIV to family - get your family and friends involved in Cryptocurrency!
Remotely:
Have your family or friends download PIVX Android wallet. You must write down the words that encrypt the wallet and store in a secure place (ideally written down so it cannot be hacked). Wallets can be recovered with those words, but without those words can never be recovered. To receive funds from someone else, they can copy their "Receive" address and get it to you. It's best to copy and paste all 34 characters must be exact or transaction will be lost. Paste their address into "Send" address, choose how many PIV to send, and click "SwiftTx" - this processes the transaction instantaneously for just over a penny. All "transaction fees" in PIVX are "burned" and taken out of supply, effectively being paid to everyone.
In person:
Download on the Google Play Store PIVX Android mobile wallet. Send PIVX from your computer "Staking" wallet to your mobile wallet same as above.
When in person, have your family download the PIVX Android mobile wallet. They must write down the words that encrypt the wallet and store in a secure place (ideally written down so it cannot be hacked). Wallets can be recovered with those words, but without those words can never be recovered. Tap "Send" and then tap the Barcode Icon. Then the receiving party taps "Receive" and their Barcode pops up. Sender scans the Barcode, types in how many PIV to send, then "Send".
You can donate efforts to get PIV to Low Income Countries Globally:
Send PIV to:
DMMxW1SkLSxU1DbT9zFQanpGB23SpxZZf3