What is Bitcoin?

Bitcoin is the internet cash that can be used globally, and is not issued by any agencies, banks or governments.

The transaction cost is much lower than other types of electronic payment methods due to the absence of intermediaries.

Bitcoin is a payment method that can conduct P2P transaction. All transaction process will be encrypted. Yet, all transaction record will be kept in the transparent ledger in order to ensure the safety of transactions. 

In comparison with credit cards and international wire transfers, bitcoin is a faster, cheaper and safer tool for money transactions.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.