Bitcoin | Bitcoin Price | What Is Boitcon
In every country of the world, currency has its own name and value. Wherever you go, you will get the name of the currency of that country, just like India's currency (rupee and US dollar (dollar) is likewise a currency in internet. Which is virtual, which nowadays everyone wants to know whose name is bitcoin.
What is bitcoin
Bitcoin is a digital currency or virtual currency. Bitcoin is kept in a digital wallet, it is open source, anyone can use it. Virtual currency means that this money is there, we can use it everywhere but we can do it Neither can touch nor see or you can assume that these are the kind of points that we get which we can later convert according to the currency of our country.
Transactions are the transfer of value between Bitcoin wallets, which join the block chain. The Bitcoin wallet holds secret data called private keys or seeds that are used to sign transactions, proving that it came from the owner's wallet.Once a signature is issued, the transaction prevents the conversion from being made by anyone. All transactions are transmitted between users and within 10 minutes confirmation is initiated by the network, through a process known as mining.
Know how to trade bitcoin?
If you want to check the price chart of bitcoins. So you can search on
Google. And you can compare Bitcoin with the currency of all countries.
Conclusion
Friends, Bitcoins are just like Share Market. But you can only store bitcoins online. In this case, if you have money and you invest in Share Market Money. So you can invest money in bitcoins in the same way and buy and keep bitcoins. And whenever you feel that now you will get good money by selling bitcoins. So you can sell them.
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