What is Bitcoin? And how to get it and sell it.
Many of the people are not concern about BTC(Bitcoin). It's a cryptocurrencyinvented in 2009, a group of people says that this was discovered by Satoshi Nakamoto. It is also known to be the virtual money that can be stored in digital wallets.
Every Single transaction is recorded in a public list called the blockchain. This makes it possible to trace the transaction history of spending Bitcoins of People, to stop themfrom further spends that they don't own.
There are 3 main ways people can get Bitcoins.
- You can buy Bitcoins using 'real' money.
- You can sell things and documents, that let people pay you with Bitcoins.
- Or they can be created using a computer.
Bitcoins are valuable because people are willing to exchange them for real goods and services, and even cash. In today's date, 1 Bitcoin equals 9,58,194.33 Indian Rupees. We can imagine now a bitcoin can fulfill the thirst of many poors.
And most interesting thing is, it's value is increasing day by day
Why do people want Bitcoins?
Some people like the fact that Bitcoin is not controlled by the government or banks.
People can also spend their Bitcoins fairly anonymously. Although all transactions are recorded, nobody would know which 'account number' was yours unless you told them.
Platform where an individual can buy and sell it...
This is believed to be a direct impact of the Supreme Court lifting RBI’s "unconstitutional" two-year ban on cryptocurrencies in March, only three weeks before the country went into lockdown.
Coinbase, Unocoin, WazirX, Zebpay are some platform where you can invest money for buying or selling bitcoin.
Binance is the world’s largest cryptocurrency exchange by trading volume. It blends blockchain tech with finance access, and allows trading in more than 150 cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Link, Tezos, Cardano, and Binance Coin.
Wish,this information is helpful to the visitors.


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