Hello friends, how are you all friends, there is a currency in every country of the world, which is used to buy goods, the currency of every country is different and its name and value are also kept according to the country, like transactions in India The currency that is used for this is called Rupee, US currency is the dollar and UK currency is Pound, so in the same way, different country's currency is different, similarly there is a currency in the internet which is used. The name of the currency that is done in online transactions is bitcoin, you must have heard about it because bitcoin has been in a lot of discussions for the past many years. How is it used and why is it used and how much is the value of this currency To get complete information about bitcoin, you must read this post till the end but before that, all of you are very welcome. In support, let us first know what is bitcoin.
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| What is Bitcoin With Full Information |
Bitcoin is a virtual currency, it can also be called a digital currency because it is used digitally. Can't touch but still, we use it like money in transactions we can store bitcoin only in an online wallet bitcoin was invented by Satoshi Nakamoto in the year 2008, and in 2009 as a global payment Bitcoin is a decentralized currency, which means that there is no bank or government authority to control it, that is, no one owns it, anyone can use bitcoin. Just like we all use the internet and there is no owner of it, in the same way, who has bitcoin, he cannot buy things physically, but bitcoin is used online only for online payment. Apart from this, it can also be converted into other currencies. If you have bitcoin, then you can transfer it to the currency of your country and transfer it to the bank account. Can be kept in a digital wallet Bitcoin is also called cryptocurrency Like ordinary currency, bitcoin can also be spent easily, it can be used to buy goods, donate to some non-governmental organizations or send them to someone else Bitcoin cannot be controlled by any institution which means the government has no right over it, it can be used or used by anyone because the trading of bitcoin cannot be stopped. No bank or government institution can stop you from sending your bitcoins to anyone else via the internet but there is a dilemma in this also if you are cheated then you can't file complaints about it with anyone still around the world big businessmen and many big companies The banks use this currency. now we know that
Where and why bitcoin is used?
Bitcoin can be used for online payment or any type of transaction bitcoin is based on a p2p network which means people can communicate with each other directly without any bank credit card Or you can do the transaction directly through any other company Paying with normal debit and credit card charges 2 to 3% transaction fee but there is nothing like this in bitcoin. Apart from this, it is safe and fast which is encouraging people to accept bitcoin nowadays many people are adopting bitcoin like online developers but entrepreneurs non-profit organizations, etc. It is being done for global payment in the world, like any other credit card, there is no credit limit in it, there is no problem of carrying cash, it is absolutely safe and fast and this world is effective for us anywhere and there is no limit to use no. Let us know that 
Where and why bitcoin is used?
what is the value of Bitcoin?
the value of bitcoin keeps on increasing or decreasing because there is no authority to control it, its value varies according to its demand, and its price varies from country to country. It happens because its trend is in the world market, so it is according to its demand in every country, somewhere in your mind this question must be arising how can bitcoin be found, what will have to be done for it so that you have If bitcoin comes, we also tell you the answer to this, we can get bitcoin in two ways, the first way is that if you have money then you can buy bitcoin by paying money directly, if you do not have that much money but still If you want to take bitcoins, then there is a way to do this if you cannot buy a whole bitcoin, then you can buy the smallest unit of it, like there are 100 paise in one rupee, in the same way, there are 10 crores in one bitcoin. If you want, you can buy 1 or more bitcoins gradually by buying the smallest amount of bitcoins from seven. When you have accumulated more bitcoin, then you can earn more money by selling them, in a way, you can buy bitcoin and invest in it from two very famous bitcoin websites in India where you can buy and sell bitcoins. The name is zebpay.com and unocoin.com from both these websites you buy bitcoin, buy bitcoin you have to create your account on one of these websites, after that, you will also have to submit some of your documents like aadhar card, pan card, Voter ID, phone number, email and bank account details After creating an account, you can buy and sell bitcoins. In India, the Reserve Bank of India is preventing people from investing in this currency, and already any type of investment in it has been described as illegal, but still, people are investing in large numbers in it, Reserve Bank of India on December 24 In 2013 with respect to virtual currencies like bitcoin, it was said that no official permission has been given for the transaction of these currencies and there are many levels of risk in doing it. Caution was issued. So, friends, you must have got all the information about what is bitcoin from this post, how it is used, and how much is its value.
