Bitcoin, also known as BTC, was the first currency that only exists electronically. This currency is also the best known and has been experiencing spectacular growth for some time. Anyone can buy Bitcoins. This makes it possible in particular to transfer money quickly over the Internet without the intermediary of banks.
Buy Bitcoins Online
Bitcoin is a cryptocurrency that was introduced by an unknown person named “Satoshi Nakamoto”. It is a peer-to-peer electronic cash system created in response to the current economic crisis. In the white paper left by its creator, thee Bitcoin aims ” send online payments directly from one party to another without going through a financial institution “. Bitcoin does away with trusted third parties, giving everyone full control over their own money.
It is possible for anyone to buy Bitcoins, pay for services and even invest with cryptocurrency. Buying Bitcoin is possible by registering on a platform that allows you to buy this electronic money. You will have to choose the payment method to get your Bitcoins, usually by card or PayPal payment. You can then simply buy Bitcoins with the deposited money. These Bitcoins can be transferred to a secure wallet. Before choosing your purchasing platform, ensure the security, the deposit and withdrawal method, the verification time and the intuitiveness of the platform in question.
What is the point of buying Bitcoins?
Cryptocurrencies have the advantage of giving you complete freedom over what you want to do with your money. The Bitcoin blockchain is a decentralized network that does not require trusting a third party such as a bank. You own your funds and you can make value transfers without the control of third parties. Wherever you are in the world, you have the possibility to complete a transaction.
You should know that a Bitcoin transaction would only take about ten minutes on average. In comparison, a typical electronic transaction takes around 24 hours for a national transfer and up to four days for international. Bitcoin is also less expensive, the transaction costs being much lower than those of traditional wire transfers.