Assets, Bitcoin

Where Can I Sell My Bitcoin?

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: When selling Bitcoins, be sure to use a reputable exchange or marketplace. Make sure you do your research on any service you use before making a transaction. Additionally, remember that Bitcoin is a volatile asset and its value can fluctuate rapidly. Be aware of the risks associated with using Bitcoin and be sure to understand the terms and conditions of the exchange or platform you are using.

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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