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Bitcoin

 

What is bitcoin address? (beginer)

Bitcoin address where you receive your bitcoin & use it to send to any other person or to buy product. An online bank as other banks provide facility to pay online. You can not touch bitcoin, it is visible on your PC/mobile phone. Suppose your game credits and computer wallpapers, when you delete it you loss it forever untill you don't transfer it to any other place.

 

Yes it is risky. You can lose it forever and there is no way to get it back, if you use it carefully and don't forget your security pass then don't worry, just keep your money in secure place, don't keep big amount and exchange it and transfer into your bank account for use.

Bitcoin address is combination of numbers and alphabets eg. 1AtRVevmRpxDdjcYKQt8chUxjFm1Pgkcfh providing this you can ask payments for you/your products.

 

What is bitcoin?

Bitcoin is a payment system introduced as open-source software in 2009 by developer Satoshi Nakamoto. The payments in the system are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to- peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency.Although its status as a currency is disputed, media reports often refer to bitcoin as a cryptocurrency or digital currency. Read more