Assets, Bitcoin

Does Bitcoin Trade 24 Hours a Day?

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: Bitcoin trading does not operate 24 hours a day. Trading platforms are open for certain hours of the day, and when they are closed, trading is not possible. Before engaging in any type of trading, it is important to understand the hours in which the platform operates so that you can make informed decisions about when to buy or sell.

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

Bitcoin is traded 24 hours a day, 7 days a week. It has no borders, making it a truly global currency.

There is no official Bitcoin price. However, exchanges like Coinbase allow you to set your own price for buying and selling Bitcoin.

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