Assets, Bitcoin

Can I Buy Bitcoin on CoinPayments?

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.

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

NOTE: WARNING: Purchasing Bitcoin on CoinPayments is not recommended as it is not a regulated exchange and could potentially be risky. We advise that you only purchase Bitcoin from a regulated exchange, as this will provide greater security and protection against fraud.

[1] As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.[2].

Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.

8 million unique users using a cryptocurrency wallet, most of them using bitcoin.[3].

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