Bitcoin is the first and most famous cryptocurrency which is developed in 2008. As it works on blockchain, it's also the first currency of the world that is not in control by a government or central authority.
MoreAt the moment you make a Bitcoin transaction, your transaction is added to a new block on the blockchain of Bitcoin. Then miners start validating all the transactions in the block, wherafter your transaction got approved.
MoreYou can buy Bitcoin in a crypto exchange like Coinmerce. It's simple to do: just indicate what price you want to pay for Bitcoin (or buy it instantly for the market price) wherafter you get Bitcoin within a few minutes.
MoreYou want to buy (BTC)? You can buy (BTC) using SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see (BTC), use the search function to search for (BTC) and click on the name. You can indicate for how many euros you want to buy (BTC) in the right window. Below is shown how much (BTC) you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Trigger order" at Coinmerce. Our system will automatically buy (BTC) when the price of (BTC) reaches your entered value. Do you want to buy (BTC) with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive (BTC).
You can’t stake Bitcoin because the blockchain does not use Proof-of-Stake. However, you can stake Bitcoin for Earn. Just like BTC staking, you can earn a passive income from the Bitcoins you deposit for Earn. Crypto experts use advanced trading strategies to make money with the BTC you deploy for Earn. You then receive the earnings in your Coinmerce wallet and they are automatically redeployed for Earn. So, without doing anything, you can receive Bitcoin rewards when you use your BTC for Earn. It’s not possible to use Bitcoin Cash for Earn.
Bitcoin was developed in 2008 by Satoshi Nakamoto. Unfortunately, no one knows the actual identity of the developer. This developer has developed the first digital currency that is not under the control of a government or central authority. This eliminates the need for a third party to check everything. When you transfer Bitcoin, this Bitcoin is sent directly to the recipient. There is no need for a bank to check whether the transaction can be carried out. With Bitcoin, this check is done by the network of the blockchain. The network consists of nodes that are continuously validating transactions. They receive Bitcoin as a reward for their work. All approved transactions are added to the blockchain in a block. Hence the name “Blockchain”. When you want to buy Bitcoin, you use a cryptocurrency exchange. You can compare it with a combination between a bank account and a broker for stocks. With an exchange you can buy Bitcoin, sell Bitcoin, but also store Bitcoin in a wallet.