Assets, Bitcoin

Can You Buy and Sell Bitcoin Instantly?

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 and selling Bitcoin instantly can be risky and may lead to financial loss. It is recommended that you do your own research and understand the risks associated with this type of transaction before engaging in it. Always ensure that you are dealing with a reputable and secure platform when buying and selling Bitcoin.

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.

Previous ArticleNext Article