How can I make $500 right now? The cryptocurrency operates on blockchain technology, which basically distinguishes it from all pre-built electronic currencies and payment systems.
How do I trade in Bitcoin, in simple words, Bitcoin is a single large record of information file for simulation, you can imagine it as an Exel file where information about all payments and receipts is recorded, while this file cannot be falsified or changed, and the value of the cryptocurrency is constantly increasing due to its amount Limited and the absence of any party that can issue more additional units.
Bitcoin, BTC, was the first cryptocurrency to appear in 2009. For the first time, the principle of operating a peer-to-peer Bitcoin network, which Satoshi Nakamoto worked on, could be known two years before the advent of the digital currency.
How do I trade Bitcoin?
Despite the fact that Nakamoto managed to attract the attention of thousands of programmers to his project, no one then believed in its success.
The Bitcoin blockchain is not associated with any physical assets or "official" fiat currencies, and the price of the BTC digital currency is regulated only by supply and demand in the market, that is, there is the value that people put themselves in it, such as gold.
The first bitcoin transaction was executed by an American called Hanech Laszlo, who offered 10,000 bitcoins for a pizza.
How do I trade Bitcoin? It is difficult to imagine the feelings Laszlo experienced at the moment when the price of Bitcoin began to rise.
Today, hundreds of millions of transactions are done using cryptocurrency.
How do I trade in bitcoin? So, we will answer the question “what is bitcoin” in simple words - money that has its own exchange rate in relation to another currency but has no physical form.
The Bitcoin business system only allows the production of 21 million Bitcoin units around the world, but at the same time, the protocol allows the production of hundreds of millions of hash units, and these small units are called Satoshi.
