Assets, Bitcoin

Can I Buy Bitcoin on the Stock Exchange?

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.

NOTE: Warning: Buying Bitcoin on a stock exchange is not a recommended method of purchase. It is important to be aware that stock exchanges are highly regulated and are not as secure as other methods of purchasing Bitcoin, such as through an online cryptocurrency exchange or through a cryptocurrency wallet. It is also important to remember that prices on stock exchanges cannot always be trusted and can often be subject to manipulation.

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.

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