• BUY / SELL
  • BTC/BDT 1,603,733

What is bitcoins

BITCOIN PRICE
11135.75 USD
BITCOIN PRICE
9210.00 EUR
BITCOIN PRICE
5,081.51 BTC
ACTIVE TRADERS
1,561,171

What is Bitcoins meaning ?

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about get-
ting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017.

Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.

Currency Market
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    BTC - USD $ 17,867.26 (-4.07%)
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    ETH - USD $ 841.97 (16.48%)
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    DASH - USD $ 1,165.58 (9.57%)
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    ZEC - USD $ 556.72 (7.39%)
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    BTC/EUR $ 16109.90 (-2.93%)

Acquiring Bitcoins

Buy on an Exchange

Many marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies. Coinbase is a leading exchange, along with Bitstamp and Bitfinex. But security can be a concern: bitcoins worth tens of millions of dollars were stolen from Bitfinex when it was hacked in 2016.

Bitcoin Legal | Regulators from different jurisdictions are in the process to provide users and businesses with restrictions, laws and rules on how to integrate this new technology with the formal, regulated financial system. The best example for this is a bureau in the United States Treasury Department called the Financial Crimes Enforcement Network (FinCEN), which published non-binding guidance on how it characterizes specific activities regarding virtual curren- cies.

Legal Information about Bitcoin

  • How legal is Bitcoin?
  • Is it possible to use Bitcoin for illegal activities?
  • Can Bitcoin be regulated?
  • How does Bitcoin work with taxes?
  • Is there with Bitcoin consumer protection?
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Transfers

People can send bitcoins to each other using mobile apps or their computers. It’s similar to sending cash digitally.

Mining

People compete to “mine” bitcoins using computers to solve complex math puzzles. This is how bitcoins are created. Currently, a winner is rewarded with 12.5 bitcoins roughly every 10 minutes.

Owning Bitcoins

Bitcoins are stored in a “digital wallet,” which exists either in the cloud or on a user’s computer. The wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money. Unlike bank accounts, bitcoin wallets are not insured by the FDIC.

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Bitcoins
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Ethereum
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Zcash

Alexander Mahfuz

CEO, Visioner, Business angel, Entrepreneur

  • 95 startups in portfolio
    (×8 ROI)
  • Founder of #1 crowdinvesting
    platform in Russia
  • Blockchain educational program
    director at Plekhanov Russian
    University of Economics
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Spencer Mann, VP of Growth at Lucid Software

Advice for your business when you need it From succesful entrepeneurs to corporate leaders,
we come from all industry sectors to give your business the help it needs support network ded-
icated to helping small

image
Spencer Mann, VP of Growth at Lucid Software

Advice for your business when you need it From succesful entrepeneurs to corporate leaders,
we come from all industry sectors to give your business the help it needs support network ded-
icated to helping small

It’s never too late to get started. Buy, store and learn
about Bitcoin and Ethereum now.

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