[New User guide] Cex.io Bitcoin Commodity Exchange [Easy Bitcoins!]

Discussion in 'Cryptocurrency' started by Yinero, Oct 27, 2013.

Thread Status:
Not open for further replies.
  1. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    CEX.io Start Up Guide
    [​IMG]
    CHECK THE BOTTOM PART OF THIS GUIDE FOR INFORMATION
    ON A BONUS FOR SIGNING UP UNDER MY REFERRAL LINKS!!


    This guide is here to help explain Cex.io and how to buy gigahash (or gh/s). Gigahash is a increment of processing power used to determine a Bitcoin Miner's pull on the network. In short the more gh/s you have the more Bitcoin your going to be making through mining. Cex.io is a new type of Bitcoin commodity exchange where a user can trade Bitcoin in for more gh/s. What's better is that the gh/s a user buys is used for mining right away to generate more Bitcoin. Also the gh/s can be traded back and like any other commodity has a fluctuating value; so if you play your cards right you can make Bitcoin off of that alone.

    I know what your thinking by now. The gh/s you buy is just a number on a screen and some of the more dedicated miners aren't savey with just having that. They want the power in there hands, in other words they want the hardware that is making the gh/s their selves. Don't worry Cex.io has an answer for that through hardware redeeming. Once you have purchased enough gh/s you can redeem it for the hardware that would run normally run it. The hardware get's shipped to your house were it is up to you to maintain and handle it.

    Enough explaining what Cex.io is and on to the guide!

    -----------------------------
    What is Bitcoin? Click here

    First thing's first your going to need a Bitcoin wallet if you don't already have one try here.

    Now navigate to Cex.io create an account and you will end up with a page that looks like this:

    [​IMG]
    This is the Cex.io landing page, there is all kinds of useful information here. Such as, the current price of gh/s and charts to help with trading; ongoing transactions, and pending transactions. At this point you are going to want to click the big blue button that says "Fund Account" and you will end up on the next page which is

    [​IMG]
    This is your Funds page, The red area shows your Bitcoin address for cex.io. Not to be confused with the address in the image, although you can send as much Bitcoin to that address as you'd like ;). This address is for funding your account so you would want to send some bitcoin to it to get started trading gh/s. The green area is where your funding will show up, again not to be confused with what is pictured. It will show you how many confirmations you have left (Cex.io requires 3) before your funds are credited to your account. Once that is done you are ready to buy some gh/s and at this point your going to want to click the Trade tab at the top of the page.

    [​IMG]
    This is the same page as the landing page but now you have some sweet sweet Bitcoin to spend on gh/s! The red area is where you want to go for buying gh/s. You can type in how much gh/s you want to buy in the left box and what price you want to buy it for in the right. The price in the right box always shows you what the going rate is on the market for gh/s however you can change the price to what ever you want. Once you have set your buy for gh/s it will show up in the green area. This is the pending transactions section where your buys wait for someone to sell the amount you want at your given price. Once that has happened you will get notifications in the corner of your screen like the image below:

    [​IMG]
    The red area is the purchase of gh/s being completed. The green area shows my awarded amount of bitcoin from my gh/s working that I just purchased!

    I hope this guide helps out with understanding and using the Cex.io platform. If you have any questions feel free to ask and I will answer them the best that I can.

    That is pretty much it, if you want to check on your gh/s at work or any other advance setting you can click the Ghash.io button at the top. I might talk more on Ghash.io in a later guide.

    *Update*
    Also just some info I found out:
    -Everything is done with 0% fees EXCEPT for withdrawing Bitcoin.
    -To withdraw Bitcoin it cost 0.001 which is about .18$ at the moment

    *Note of Payment Processing*
    When I authorized my payment to my wallet it asked me to check my email for a verification email to process the payment. The email never showed and it turned out to be the email providers problem. I ADVISE TO ACTIVATE TWO-FACTOR SECURITY ON YOUR ACCOUNT TO PROCESS PAYMENTS WITHOUT THE EMAIL. To do this:

    1. Go to your profile
    2. Follow the activation instructions under two-factor authentication
    3. When processing a withdraw enter in your two-factor code to skip the email verification.
    Cex.IO Merged Mining: Vircurex
    So CEX.io has added merged mining where you get NMC IXC and DVC for free while your GH mines you BTC. I suggest that you make an account at this trade platform. You can trade these altcoins into BTC there and then do what you want with the BTC of course.

    REFERRAL INCENTIVE PROGRAM!
    If you sign up for CEX.io using my referral link I will give you .1gh for every 5gh you have active on your account. All you have to do is provide me proof(screencap sent via PM) of your CEX.io balance with and for every 5gh I will give you a .1gh voucher that you put into your CEX.io balance!

    ***This is a consecutive program, meaning when you get 5gh I'll give you .1. When you reach 10gh ill give you another .1 and another at 15gh etc. I know it isn't much but it's the least I can do to return to those who have used my referral link. Unfortunately I can't go any lower than 5gh or else I would be killing myself in fees from making vouchers***

    Testimonials:

    If you feel like this guide helped you out in anyway, or if your feeling nice please send any donation of Bitcoin to:
    1Pq7UpwKscqLWyR27EWnxaW6uGuEHKSjdo
    Thank$ and +rep are always appreciated.
    Non reflinks: CoinBaseWallet, Cex.Io Vircurex
     
    ucvdan, ronizal, fcc323 and 2 others like this.
  2. wicker558

    wicker558 Senior senior member

    Joined:
    Aug 2, 2013
    Likes Received:
    310
    Location:
    Kitaj-Gorod
    This site has been posted here already ;)
     
    jogoma12 likes this.
  3. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    Did a search and found nothing before posting it. My guess is that the search terms CEX and CEX.io just make the search engines brain flip.

    And was it just a link to the site or a guide? If it's exactly like what I've posted then my apologies.
     
  4. pappubeta

    pappubeta New Member

    Joined:
    Mar 24, 2013
    Likes Received:
    0
    thanks for this share
     
  5. wicker558

    wicker558 Senior senior member

    Joined:
    Aug 2, 2013
    Likes Received:
    310
    Location:
    Kitaj-Gorod
    Yes this site and guide to it was posted here, but the thread wasn't named CEX.IO:joseph:
     
  6. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    Well I promise everything here is OC, and I have followed the rules.
     
  7. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    Daily Bump. Anyone else have any success with them?

    For me I have had 15gh/s going for about 5 days and Ive made .10 btc.
     
  8. ruso123

    ruso123 Member member

    Joined:
    Oct 26, 2011
    Likes Received:
    32
    Location:
    Santiago, Chile
    Just finded this topic, joined withour ref yesterday :( bought 1.2 GH, its pretty nice and also bitcoin now worth $204+, if i hust had more bitcoins D:!
     
  9. Zephor

    Zephor Member member

    Joined:
    Mar 5, 2012
    Likes Received:
    22
    Location:
    California
    Eh I'd love to try, no start-up at the moment though.
     
  10. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    If anyone is interested in a "start-up" of bitcoin you can PM me how much your looking for. I am selling at the price of Mt.Gox and only accept paypal.

    Supplies are limited.
     
  11. KidRock

    KidRock Senior senior member

    Joined:
    Dec 12, 2011
    Likes Received:
    251
    Location:
    Latvia
  12. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    I said I did a search and nothing came up. As it shows your post isn't titled Cex.io and it isnt a guide. It's also in a different part of the forum. I don't think I've done anything wrong here really.
     
  13. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    Still have Bitcoin to sell for anyone interested in a start-up. Paypal only
     
  14. Auspicious

    Auspicious Member member

    Joined:
    Oct 26, 2009
    Likes Received:
    3
    bitcoins getting seized by the fbi get in when they start2sell it
     
  15. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    They only seized silkroad's Bitcoins when they shut it down. Granted it was no small amount, it's still not significant enough to really effect Bitcoin overall.

    PAYMENT PROOF!
    [​IMG]
     
  16. lazaac

    lazaac Member member

    Joined:
    May 6, 2013
    Likes Received:
    6
    how to start up..? i'm worried to spend my money to this..
     
  17. Yinero

    Yinero Member member

    Joined:
    Mar 1, 2013
    Likes Received:
    23
    I'm willing to sell Bitcoin to anyone through paypal at the going Mt.Gox price.

    In terms of being worried... well that's your call. Bitcoin has been around for a few years now and I don't really think it's going anywhere.

    The wallet I have linked at the start of my guide is a great way to get set up in the bitcoin world. It works just like paypal, it will take a couple days to get set up. They have the verification system identical to paypal. They send 2 tiny deposits to your linked bank account and ask you the exact amount of each one to verify.
     
  18. build4you

    build4you Banned

    Joined:
    Sep 6, 2013
    Likes Received:
    1
    How much $ do you sell for 0.10 bitcoin at Mt.Gox? How much do you think you can make per day for 1 GH/s?
     
  19. Slickdag

    Slickdag Old School old school member

    Joined:
    Aug 9, 2010
    Likes Received:
    2
    I am still a little confused on what this does? Mainly, can I do this via my laptop... or no?
     
  20. manic

    manic Member member

    Joined:
    Jun 23, 2013
    Likes Received:
    10
    Yes you can..

    Basically its buying/selling shares of hashing power used to mine bitcoin
     
Thread Status:
Not open for further replies.