Assets, Bitcoin

Can I Buy Bitcoin From itBit?

As the world’s first and largest cryptocurrency exchange, itBit is proud to offer our customers the ability to buy Bitcoin. Whether you’re new to Bitcoin or an experienced trader, we make it easy for you to get started.

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain.

Bitcoin is unique in that there are a finite number of them: 21 million.

Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services.

As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.

To get started buying Bitcoin on itBit, you will first need to sign up for an account. Once you have completed the signup process and logged in, you will be able to deposit funds into your account via bank transfer or wire transfer. Once your funds have been deposited, you will be able to buy Bitcoin instantly!.

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