Assets, Bitcoin

Where Can I Buy Bitcoin Online?

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 Bitcoin online can be a risky endeavor. Before you purchase any Bitcoin, please make sure you are dealing with a reputable vendor and that you understand the risks associated with trading cryptocurrencies. Additionally, please be aware of the potential for fraud or theft when purchasing Bitcoin online.

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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