Assets, Bitcoin

Is Bitcoin Traded 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.

NOTE: WARNING: Trading Bitcoin 24 hours a day, 7 days a week is risky and can lead to large losses. As with any investment, it is important to be aware of the risks involved. Be sure to research the market and understand the security measures needed when dealing with digital currency. Additionally, it is essential to have a trading strategy in place before investing in Bitcoin and other cryptocurrencies.

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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