The Bitcoin protocol is a set of rules that govern the functioning of Bitcoin. For example, for Bitcoin to work it must have proof-of-work, miners, nodes, a public ledger (blockchain), and various other components.
Each of these components has a lot of depth and complexity to it. Putting it all together though makes up the Bitcoin network.
What is Bitcoin you may wonder? Bitcoin is just an idea for a decentralized digital currency that eliminates the need for central authorities like banks and governments. In 2008 when Bitcoin was introduced to the world
in the Bitcoin whitepaper by Satoshi Nakamoto, the idea was to have a decentralized peer-to-peer network. As time went on, Bitcoin adapted to market demands, and now we have two versions.
Use PayPal, credit card, debit card, or your bank account to start buying crypto. It's fast, safe, and easy to use. You will receive your cryptocurrency in just a few minutes directly to your wallet. This means you have full control over the crypto you buy.
Get started with the buy form. Buying is supported in over 160 countries across the world. Enjoy competitive rates with no hidden fees. See below for more details and information.
To get started, enter in the amount of crypto you want to buy with fiat using the form above. Then click continue, enter in all your required information, then you'll be asked to enter in your crypto wallet receiving address.
We try to make the buying process as easy as possible. Just fill out the buy form and add your crypto receving wallet address and email address, include your payment details, then review and confirm your transaction.
After a few minutes your crypto will be sent to your wallet address. You will also be sent an email confirmation with the transaction information including blockchain details. That's it, you're done!
Bitcoin, Bitcoin Cash, Ethereum, and many other cryptocurrencies are important for the world because they offer a viable alternative to traditional financial systems that are often plagued by inefficiencies
and lack of accessibility. By providing decentralized peer-to-peer networks, cryptocurrencies empower individuals to take control of their
finances and participate in the global economy without relying on intermediaries or centralized authorities.
It helps humanity by offering a more inclusive and equitable financial system. It enables people to send and receive money and value globally instantly, securely, and at a low cost,
regardless of their location or socioeconomic status. This fosters financial inclusion and promotes economic growth in regions that may have been previously underserved by
traditional financial services.
Crypto has gotten to mainstream status and now has a strong brand recognition, fair distribution, and has open source decentralized development which contributes to its credibility and long-term viability.
Overall, cryptocurrencies are powerful and transformative that offer a range of benefits and advantages over traditional fiat currencies. Bitcoin and crypto provides freedoms to
individuals who would otherwise still be subjected to state authority. These commitments to decentralized peer-to-peer networks makes crypto an ideal
solution for empowering global financial freedom, promoting financial inclusion, and fostering economic growth.
As the world continues to embrace the potential of cryptocurrencies, Bitcoin and other cryptocurrencies stand out as leading contenders in the race to revolutionize the way we transact and
interact with money in the future.
Bitcoin (BTC) and Bitcoin Cash (BCH) have two distinct brands and colors, with BTC using the classic orange and right tilting logo, and BCH using the new green color and left tilting logo. Use the guide below to differentiate between them.