All digital wallets have a private key. All coins that are transfered require a private key to be entered to prove you are the owner of whatever is being transferred.
It is important that you secure this key and NEVER give this key to anyone! First print it and store it offline in a secure location. I keep my private key in my safe. AGAIN, never give this key to anyone.
How safe are Electronic Currencies?
Because Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash are traded the same as Dollars, Euro’s or Pounds on the worldwide Forex exchanges 24 hours per day consequently, they have real value as long as you keep your private key safe.
With Electronic Currencies, it is not necessary to purchase a whole coin. You can purchase a fraction of an electronic coin.
For example: Let’s say you ordered dinner at your favorite restaurant that costs $52.30 including the tip. You would only purchase $52.30 worth of a coin to send to the restaurant to pay for your meal.
Bitcoins and the other electronic currencies listed above are traded worldwide on various exchanges and the prices goes up and down like a yoyo.
The advantages of Electronic Currencies
Every day more and more merchants are now accepting electronic coins. Merchants like electronic coins more than they like
credit cards due to the low transaction fees of electronic currencies.
PLEASE NOTE: BITCOIN TRANSACTON FEES ARE CURRENTLY VERY HIGH. We recommend that you purchase Bitcoin Cash, Ethereum, Litecoin or Dash which has low transaction fees.
A lot of Merchants are now giving their customer greater discounts if they use electronic coins.
With cash you can lose it, or someone can steal it from you. With Credit Cards and debit cards, you must always worry that someone can steal your credit card information while you are purchasing at a place of business or while online.
When using electronic currencies, no one knows who the parties to the transaction are. What everyone knows is the date and time of the transaction, the amount transferred and the electronic address of the parties.
All your transactions are PRIVATE and most importantly, the governments are unable see your transactions.
By using electronic currencies there are no bank wire fees, bank receiving fees, or foreign exchange fees. The transfer is done in less than one minute.
You can travel with your electronic currencies and no one including the government knows how much money you have. Therefore, the government is unable to tax you for what they are unable to see and you can travel with more than $10,000.00 Dollars. Your money can't be seized by governments, banks, creditors, or on judgments.
The Future
We all know that cash will cease to exist in future. Today, we use credit cards, debit cards and we use very little cash. Even checks are becoming obsolete. Digital Currency will continue to exist where cash will not. Today, major worldwide banks are now starting to accept and trade in electronic currencies.
Now that you understand Bitcoin, BitCash, Ethereum, Litecoin and Dash let's get started.
There are several companies or exchanges that offer Digital wallets for free that allow you to purchase Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash using your bank accounts, credit cards or debit cards to fund your account. They also will deposit cash into your bank account and some of these companies will deposit funds into your credit card.
Each of these exchanges have simple Apps that will convert your electronic currencies into cash at the current rate of exchange. They also offer free Apps for your iPhone or your Android phones.
Setting up an account and getting your wallet only take a few minutes. In the United States, all electronic currency exchanges are licensed and regulated. It is simple, free and fast to setup an account with one of these exchanges.
Forbes says these are the best companies and exchanges:
https://blockchain.info
https://www.coinbase.com
https://www.coinify.com
https://coinsbank.com
https://bitpay.com
https://greenaddress.it/en
https://wirexapp.com
https://xapo.com
Please note: Some of these companies will never turn over the private key to the addresses that they supply to you. What this means is they control all the coins and moneys that they are holding on your behalf.
We recommend that once you have made a transaction that you transfer all remaining coins to a private wallet where ONLY you maintain the private key.
When sending coins to Medicina Mexico, do not mention that you are purchasing medicines because some of these exchanges and companies have policies against using their service to purchase medicines online.
If you contact sales@meds.com.mx we will issue you a unique electronic currency address for the coin that you are sending to Medicina Mexico.
This address is only assigned to you and no one else. You can use this address on all current and future orders as we will know it is from you.
In almost every country there are Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash exchanges. Just do a google search for Bitcoin Companies or any other type of digital currency you desire in your own country.
Once you have opened a electronic coin account then you will be able to send electronic coins to Medicina Mexico to pay for your order.
To match your electronic payment with the Ledger, we will need the following information sent to:
sales@meds.com.mx so we can ship your order.
1. Your Order Number;
2. The electronic address where the funds were sent from;
3. The exact number of coins you sent to Medicina Mexico and which type of coins you sent.
HOW TO FIND YOUR ORDER NUMBER
If you need to get your ORDER NUMBER, then please go to our webpage, at the top and pick "LOGIN."
Next, In the middle of our webpage it will allow you to enter your username and password.
Then go to the top of the webpage and pick "MY Account."
At the middle of the webpage it will say My Orders, Pick "View the orders I have made"