Assets, Bitcoin

How Much Is Bitcoin Selling for Today?

Bitcoin is a cryptocurrency, a form of electronic cash. It 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.

[17] As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment.[18].

The unit of account of the bitcoin system is bitcoin. Ticker symbols used to represent bitcoin are BTC[b] and XBT.

NOTE: This is a warning to all potential Bitcoin buyers and sellers. Be aware that the value of Bitcoin is highly volatile and can quickly change in price. It is important to do your own research and understand the market before buying or selling Bitcoin. Investing in cryptocurrency carries a high level of risk and can result in the loss of your entire investment.

[c] Its Unicode character is ₿.[d].

Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.

XE does not endorse nor express an opinion as to whether or not Bitcoin is an investment, buy, hold and sell asset.

Bitcoin Selling Price Today

The current Bitcoin selling price today is $9,700.

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