What is Bitcoin ? Everything You Need to Know About Bitcoin
bitcoin is invented by Satoshi Nakamoto . Its origins has long been a mystery .There have been a few prominent cases to the personality of Satoshi Nakamoto. nonetheless, none of them have provided proof beyond doubt that back up their claims
Lets talk More About Bitcoin System
Bitcoin is a peer to peer system means thats All Transactions take place directly between users without any third party . Information of all Transactions are stored in a public ledger called blockchain which has bitcoin as a unit of account .
As the bitcoin system works without any administrator USA Treasury categorizes bitcoin as a virtual currency
Bitcoin Unites
Bitcoin System uses bitcoin as a unit of account and its symbol is represented by BTC,XBTC Smaller units also include mBTC , µBTC and Satoshi named after its creator.
1 Satoshi = 0.00000001 bitcoin Which is one hundred million of a Bitcoin
1 µBTC = 0.000001 bitcoin Which is one millionth of a Bitcoin
1 mBTC = 0.001 bitcoin Which is one thousandth of bitcoin
The Value if Bitcoin Rises to 800$ in past years.
What You Need To Get Started With Bitcoin?
IF You just started in bitcoin industry it may hard for you to understand this service thats why we are writing this article to help you through all the process .
Lets Get Started :
in order to start earning bitcoins you need a bitcoin wallet .
After Creating A bitcoin wallet you can start earning bitcoin right away.You can buy & sell bitcoins or simply exchange bitcoins to your local currency using online currency exchange services
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