Assets, Bitcoin

Can I Buy Bitcoin on XTB?

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: It is important to be aware that buying Bitcoin through XTB involves significant risk. Before engaging in any form of cryptocurrency trading, you should thoroughly research the market and understand the associated risks. Cryptocurrency prices are highly volatile and can be affected by external factors such as financial, regulatory or political events. Trading in cryptocurrencies carries a high level of risk and may not be suitable for all investors. You should never invest money that you cannot afford to lose.

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.

Bitcoin can be bought on XTB by using a credit or debit card, or by wire transfer. XTB also offers the option to trade bitcoins on its CFD platform.

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