Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
Bitcoin is unique in that there are a finite number of them: 21 million.
Satoshi Nakamoto, the anonymous person or group of people who developed bitcoin, released the software to the world in 2009. Since then, it has evolved into a multi-billion dollar industry with countless applications.
Coinmama is a bitcoin broker that enables purchasing bitcoins with credit or debit cards. They offer an easy-to-use platform and claims to be one of the quickest ways to buy bitcoins.
Coinmama does not require users to verify their identity. However, unverified accounts have limits on how much money they can spend per day.