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What is Bitcoin Explain, Ultimate guide of Bitcoin (My fav Article forever) |

Do you want to know All about Bitcoin ? 

what is Bitcoin

In this Article I am going to Explain, What Bitcoin actually is? So if you read full Article then you will never have any dought related to Bitcoin. So without wasting time let's get start it. 


1. What is Bitcoin Explain ? 

Bitcoin is know as Digital coin that was created in 2009 by Satoshi Nakamoto. In the Past several years Bitcoin has created very popularity around it. Bitcoin know as King of Cryptocurrencies, and it has huge investors. It works on Blockchain technology, Making the network secure. 

No one can control it. Bitcoin supply is limited to 21 Million. Bitcoin is considered money in approx all over the world. El Salvador ๐Ÿ‡ธ๐Ÿ‡ป has declared, Bitcoin as a legel tender of the country.

2. What is Bitcoin used for? 

Bitcoin was created for to send money over the internet without any charge. and Bitcoin any disruption. 

But today, It is totally different story, Bitcoin, used for Trading and consider money many part of the world. 

3. Can Bitcoin be converted to cash?

Yes, you can do so. Bitcoin converted to cash through your broker. If you want to do so then Firstly, Deposit you Bitcoin to your favorite Crypto broker and request for withdrawal, the broker gives you money. 

4. What is Bitcoin exchange? 

Where you can buy & sell Bitcoin online know as Bitcoin exchange. You can say it a broker. Bitcoin exchange is an intermediary in the process of buying and selling Bitcoins. 

5. What is Bitcoin Trading? 

If you purchase Bitcoin in low price & sell them into high price then, it know as Bitcoin Trading. 


6. What can Bitcoin buy? 

You can buy Bitcoin or trade Bitcoin with the help of Cryptocurrencies exchange. 

• how to Invest in Bitcoin online? 

  • Open a Trading account in any trusted Cryptocurrencies exchange. 
  • Hold money on that Trading account through Bank. 
  • Buy Bitcoin in low prices
  • sold it on high prices. 
Note :- Any crypto Investment is a subject to market risk. Do it on your risk. 

7. What is Bitcoin wallet?

Where you store Bitcoin know as Bitcoin wallet. You can say just like Bitcoin wallet know as a Digital wallet. When your mood say to send Bitcoin to your friends then You go your Bitcoin exchange and request to send money with your friends then Exchange send Bitcoin to your friends and cut Bitcoin to your wallet.


Conclusion

Through this post you know everything about Bitcoin like, How to trade in Bitcoin, What can Bitcoin buy, What is Bitcoin Trading, What is Bitcoin exchange, what is Bitcoin used for, Can we convert Bitcoin into cash, or What is Bitcoin explain and much more. Now I am going to close this Article here, Go comment box and Give your positive response.

Thank you❤

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