Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries and for around 26 years cryptographers and innovators have been trying to come up with a secure decentralized working digital currency, but none succeeded until the invent of Bitcoin.
Bitcoin is decentralized and is distributed globally among many thousands of nodes (computers) and millions of users where you don’t have to rely on trusted third-parties and Bitcoin has a limited supply only 21 million Bitcoins can be created and generated at a predictable rate.
Bitcoin value is increasing some expert predicate that Bitcoin price will go up to 400000$ and even more.
5 Best Websites to Buy Bitcoin
Paxful is a Peer to Peer Bitcoin marketplace connecting buyers with sellers. Simply select your preferred payment method and type in how many bitcoins you need.
Coinbase is one of the easiest ways to buy, sell and hold cryptocurrencies, which earns it the first spot on this list. With Coinbase, you can connect to a U.S. bank account and easily transfer dollars in or out of your dollar wallet. You can use those dollars, or transfer in new ones, to buy and sell.
Binance is a global cryptocurrency exchange that provides a platform for trading more than 100 cryptocurrencies. Since early 2018, Binance is considered as the biggest cryptocurrency exchange in the world in terms of trading volume.
Bitstamp is a bitcoin exchange based in Luxembourg. It allows trading between USD currency and bitcoin cryptocurrency. It allows USD, EUR, bitcoin, litecoin, ethereum, ripple or bitcoin cash deposits and withdrawals.
Bittrex is a US-based cryptocurrency exchange headquartered in Seattle, Washington. The company was founded in 2013 by Bill Shihara and two business partners, all of whom previously worked as security professionals at Microsoft.