Assets, Bitcoin

Can I Buy Bitcoin With Zelle?

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: Can I Buy Bitcoin With Zelle?

Warning: Purchasing Bitcoin with Zelle is not officially supported by Zelle and may not be allowed by your bank. Be aware that if you make a purchase with Zelle, there is no guarantee that the seller will deliver the Bitcoin as agreed, or if your bank will allow the transaction to go through. It is important to do your research and only purchase from trusted sources.

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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