Welcome to your one-stop knowledge centre for all things Bitcoin. Here, you will have all your questions answered accordingly.
Bitcoin, the first digital currency which was debuted in 2009 is the number one cryptocurrency in the market. This virtual currency allows its users to make payments online anonymously. However, these transactions using Bitcoin are validated by a large network of computers.
The price of Bitcoin has been fluctuating since its inception and despite the emergence of other cryptocurrencies into the market, quite a number of people are still wary of this coin. Trading is carried out through different ways but the safest being through exchanges.
All traders and investors keep their bitcoins in a wallet. These Bitcoin wallets can be either online wallets or offline (cold storage) wallets. Losing your Wallet ID or code will result in you losing all your assets as there is no other way to retrieve it.
Government bodies of different countries have been trying to shut down the use of Bitcoin or at least regulate it and only a select few, particularly in Asia, have succeeded in this feat. China Particularly has practically succeeded in banning Bitcoin trading and they are on the verge of regulating Bitcoin mining.
Bitcoins volatility is one of the reasons why most traders are cautious about trading based on Market value, Bitcoin comes in first place over the other cryptocurrencies that exist.
There are many Bitcoin materials and resources available in Blockchain Watching knowledge centre. You get access to resources that focus on Bitcoin architecture, Bitcoin Uses, Features of Bitcoin, advantages, Bitcoin price, Bitcoin value, Bitcoin price tracking, Bitcoin investment, Bitcoin exchanges, Bitcoin mining, stock, Bitcoin legality and regulations, and much more.
With these resources at the top of your fingers, having a basic knowledge of bitcoin and how to properly invest in it becomes as simple as ABC! Visit our knowledge centre page to boost your knowledge on other crypto and blockchain related topics.