What is Bitcoin?
What Are Bitcoins?
Bitcoin is a decentralized digital currency that’s created, held and spent electronically around the world!
Bitcoin is recorded on a data ledger file called a blockchain. Bitcoin was the first decentralized peer to peer payment network, powered by the users of Bitcoin with no central authority.
Current Bitcoin Rate
Here are three great reasons why you should consider using Bitcoin:
Speed: Bitcoin transactions are fast. Regardless of where you’re sending Bitcoins around the world, most Bitcoin transactions are completed in minutes.
Low fees: Bitcoin allows you to send and receive payments at very low cost. Fees are substantially lower than bank transfers or online payment systems like PayPal. Most transfers will only cost you a few cents.
Security: Bitcoin transactions are secured by military grade cryptography. Nobody can charge you money or make a payment on your behalf. So long as you take the required steps to protect your wallet, Bitcoin can give you control over your money and a strong level of protection against many types of fraud.