Getting started with “CryptoAlly”- A friendly user guide

CryptoAlly by Slamtrade is a place to discover quotes of Satoshis and Bitcoin in 100+ currencies at real time. The value transfer of Satoshis is powered by Lightning Network.

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This is a friendly user guide created to address questions of first-time users in getting started with CryptoAlly.

Well, Bitcoins are quite famous. What are Satoshis?
The Satoshi is currently the smallest unit of the Bitcoin currency recorded on the blockchain. It is one hundred millionth of a single Bitcoin (0.00000001 BTC). The unit has been named in collective homage to the original creator of Bitcoin, Satoshi Nakamoto.

In normal terms, Satoshis are like cents and Bitcoins are the original dollars(currencies).

Currently 1 Satoshi is worth more or equal to the following fiat currencies ==> VEF(Venezuelan Bolivar), AMD- Armenian Dram, GNF-Guinean Franc, IDR -Indonesia Rupiah, IRR- Iran Rial, LAK -Lao KIP, UZS — Uzbekistani Som.

In predefined values:-

1 BTC = 1,000 mBTC (millibitcoin)
1 BTC = 1,000,000 μBTC (microbitcoin)
1 BTC = 100,000,000 Satoshis
1 mBTC = 100,000 Satoshis
1 μBTC (microbitcoin) = 100 Satoshis

So well now, anybody can own a cryptocurrency by owning Satoshi.

Now, How to get started with CryptoAlly ?

To get started with us, it is better to have a wallet. A cryptocurrency wallet is a device, physical medium, program or service which stores the public and/or private keys and can be used to track ownership, receive or spend cryptocurrencies. The cryptocurrency itself is not in the wallet.

We would suggest creating a wallet with Breez, since it is a simple and easy process.

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Now install Breez, launch the app and initiate a receive request by adding 200 Satoshis.

So why 200? As part of our launch offer, we (CryptoAlly) are providing free 200 Satoshis for first-time users. Yay!!!! Free Satoshis🙌😃 .

Now how to claim free Satoshis in CryptoAlly?

Once we are done initiating “receive” request in Breez, copy the payment request. come to us https://cryptoally.io , paste the payment request and just one click with the “Proceed” button.

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Tada!! your transaction is successful in seconds🎉😃. You would have been credited with 200 Satoshis in your wallet.

What are other features in CryptoAlly??

For now, you can find quotes of Satoshis and Bitcoin in 100+ currencies at real time.

How to check Satoshi Quote?

Users can select their preferable currency from the Currency dropdown. We can notice, once currency changes in the dropdown the corresponding Satoshi quote will be updated under the “Claim” window.

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How to check Bitcoin Quote?

To find Bitcoin quotes in the preferable currency, we can enter preferable currency(say for eg: INR) like below. The price of 1 BTC (Bitcoin) in the preferred currency will be displayed immediately.

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What will I do with my Satoshis?

Today, there are countless ways to use Satoshis. You can gift/transfer to your friends and family or you have apps available which accepts Lightning Payment for the service offered.

Check out our (SlamTrade) products below.

  1. Real-Time Crypto Trading Signals’ app powered by Lightning Network where you can spend as low as 100 Satoshis to view trading signals.
  2. ‘Crypto Wall Of Fameapp powered by Lightning Network to discover new Crypto Products, Businesses, Events and anything from Crypto World.

More such venues can be discovered from LNRoute and Lightning Network Stores.

What’s next for CryptoAlly?
We are gearing up for our version 2.0. Stay tuned with us for updates and yes please spread the word. Contact us @ contact@slamtrade.com for any questions or clarifications.
Follow us on Twitter: https://twitter.com/slam_trade

Thank you for your support and keep encouraging🙏

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