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General Questions

Bitcoin is a decentralized digital currency, often referred to as cryptocurrency, that enables peer-to-peer transactions without the need for intermediaries like banks. It operates on a technology called blockchain, ensuring transparency and security in transactions.

Purchase Bitcoins on cryptocurrency exchanges using traditional currency. Choose a reputable exchange, create an account, and follow their process for buying Bitcoin. You can use various payment methods, including bank transfers and credit/debit cards. Examples of reputable exchanges include:

Use a digital wallet to store your Bitcoins. Wallets can be hardware-based, software-based, or exist as online platforms. Below are a few examples:

  • Desktop wallets
    • Electrum
    • Bitcoin Core
  • Mobile wallets
    • Coinbase
    • Trust Wallet
    • MyEtherWallet
  • Web wallets
    • Coinbase
    • Blockchain.info
  • Hardware wallets
    • Ledger Nano X
    • Trezor

Yes, Bitcoins are divisible, and you can purchase and own fractions of a Bitcoin. The smallest unit of Bitcoin is called a satoshi.

You can use blockchain explorers to track the progress of your Bitcoin transactions. These tools allow you to view transaction details, including confirmations and the recipient's address. Note: Keep yourself informed about the legal and regulatory aspects of Bitcoin in your region, and exercise caution to ensure a safe and secure experience when using cryptocurrencies.