Bitcoin is the world’s first and largest cryptocurrency. Below is the live BTC price, a beginner-friendly explanation of how Bitcoin works, and the safest ways to buy, store, and earn free Bitcoin.
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What is BitcoinBitcoin is the world’s first digital cryptocurrency, released in 2009. It is stored, sent, received, used - all digitally.
Being the first and most popular digital currency it is often the first cryptocurrency people will own.
What makes Bitcoin so special?
Limited Supply21 million bitcoin is the total amount that will ever exist. Most traditional currencies have a supply that is increased/decreased by governments. With bitcoin, no one can change the amount of bitcoin or create a fake bitcoin.
Bitcoin is highly divisible, meaning you don't need to own a whole Bitcoin. You can own, purchase, or transfer fractions of a Bitcoin, with the smallest unit being one hundred millionth of a Bitcoin, known as a "Satoshi."
Turn it into Dollars EasilyYou can instantly turn your Bitcoin into dollars in your bank account. There are 100s of websites where you can buy Bitcoin or sell Bitcoin to receive cash instantly. You can even spend it with Crypto Debit Cards.
Getting Started with BitcoinBegin your Bitcoin journey:
The legality of Bitcoin varies by country. In many places, it's completely legal to buy, sell, and hold Bitcoin, but there are some exceptions. It’s important to check local regulations.
Bitcoin's underlying technology, blockchain, is considered highly secure. However, risks exist in how individuals store and manage their Bitcoin, emphasizing the need for secure practices.
Initially limited to niche online purchases, Bitcoin is now accepted by a variety of merchants and services, including travel companies, online retailers, and even some brick-and-mortar stores.
Bitcoin mining involves validating transactions and adding them to the blockchain through a process that requires solving complex cryptographic puzzles. Miners are rewarded with new Bitcoins, but it requires significant computational power and energy.
Bitcoin transactions are pseudonymous. While they don't directly reveal your identity, all transactions are public on the blockchain, and can potentially be traced back with enough information.
The last Bitcoin is expected to be mined around the year 2140. After this, miners will no longer receive block rewards in new Bitcoins. Instead, they'll be compensated through transaction fees.
Yes, if you lose access to your wallet (through loss of your private keys or sending Bitcoin to an incorrect address), your Bitcoin can become irretrievable. Learn how to store it safely in our Bitcoin Wallets guide.
Taxation on Bitcoin varies by region. In many countries, Bitcoin is taxed as property, meaning that capital gains tax applies to any profits made on selling or trading Bitcoin.
Bitcoin has been a profitable investment for many, but it's also highly volatile. Potential investors should do their research and consider their risk tolerance before investing.
You can never have enough Bitcoin! Some people believe Bitcoin is the future and its best to gather as much as you can from buying bitcoin, earning bitcoin, and taking advantage of all free bitcoin offers. Other people think you only need 21, 6, 2.1, 1, .21, or even 0.01 Bitcoin!
The truth is no one knows what the future holds but Bitcoin is here to stay.
Yes, you can!
You can purchase any amount of Bitcoin such as $1, $10, $100 worth or buy specific Bitcoin amounts like 0.01 or 0.001. You can buy a little or a lot. You can purchase Bitcoin on exchanges for as little as $1!
You can earn free Bitcoin through sign-up bonuses and by completing tasks, surveys, and a daily quiz on EarnCrypto, then withdrawing it straight to your wallet.

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