Assets, Bitcoin

Is GBTC a Good Way to Buy Bitcoin?

Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Transactions are verified by network nodes through cryptography and recorded in a public dispersed ledger called a blockchain.

Bitcoin is unique in that there are a finite number of them: 21 million.

NOTE: WARNING: Investing in GBTC is not without risk. GBTC is a publicly traded security that tracks the price of Bitcoin and as such, it is subject to market volatility and other factors that could cause its value to fluctuate significantly. Investing in GBTC should be done with caution and only after thorough research has been done. As with any investment, there is always the possibility of losing some or all of your initial investment.

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.

Bitcoin can be purchased through a digital marketplace, through which you can fund your account with your currency of choice, and place an order on the open market. Orders are filled using the best available price in the market.

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