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What is bitcoin? How to do trading in this virtual currency, know everything about your work

Bitcoin was started in 2009. In the initial few years, bitcoin was growing slowly. But, after 2015, there was a big boom in it and it came in the eyes of the world. The craze of Cryptocurrency Bitcoin is increasing rapidly all over the world. 

What is bitcoin? How to do trading in this virtual currency, know everything about your work


Rich people investing in bitcoin want to increase their capital rapidly through this online currency. This is the reason that its prices are also touching new heights. After 3 years, once again there has been a big boom in bitcoin. In the year 2017, Bitcoin made its record high in Bitcoin. After that it started sliding down. But, now it has made a new high of 3 years. 

People are investing money in this currency all over the world. But, the Government of India believes that it does not have any data of virtual currency and therefore there can be a danger in its trading.

When did bitcoin start? (History of Bitcoin) Bitcoin started in 2009. In the initial few years, bitcoin as growing slowly. But, after 2015, there was a big boom in it and it came in the eyes of the world. In many countries, trading in this virtual currency was considered legal and the price of bitcoin continued to increase. At present, its price has crossed 18000 dollars. It is a kind of digital currency. 

It was started by a person named Satoshi Nakamoto. Bitcoin trading is being done secretly in India too. However, the government has not yet made policies regarding this. At the same time, its approval has been received from the Supreme Court. The craze of Cryptocurrency Bitcoin is increasing rapidly all over the world. Rich people investing in bitcoin want to increase their capital rapidly through this online currency. This is the reason that its prices are also touching new heights. After 3 years, once again there has been a big boom in bitcoin. In the year 2017, Bitcoin made its record high in Bitcoin. After that it started sliding down. But, now it has made a new high of 3 years. People are investing money in this currency all over the world. 


But, the Government of India believes that it does not have any data of virtual currency and therefore there can be a danger in its trading. How is trading in bitcoin? (How to trade in bitcoin?) Bitcoin trading is done through digital wallet. The price of bitcoin remains the same all over the world at one point of time. That's why its trading became famous. According to the activities around the world, the price of bitcoin keeps on increasing.

 It is not determined by any country, but it is a digitally controlled currency. There is no fixed time for bitcoin trading. Its prices also fluctuate very fast. Bitcoin also has an exchange (Bitcoin cryptocurrency trading exchange). Bitcoin trading can be done through Kraken. This is an exchange of cryptocurrency. Which was made in 2011. For this, first you have to create your account. After this, the account has to be confirmed through email. After account verification, you can select the trading method. There is a chart (Bitcoin trading chart) for trading, in which there is a history of the price of bitcoin. You can buy and sell bitcoin by ordering on time (How to order bitcoin). Changes in bitcoin prices are very unpredictable and fast. 

People find it very attractive from the point of view of investment There is no information about buying and selling (Bitcoin investment details) A ledger is created for bitcoin transactions. Millions of merchants in the world also transact with bitcoin.

However, no central bank has yet recognized it. Many big companies of America also accept bitcoin. There are many exchanges in the world of internet that make it available for purchase and sale. It is bought and sold through many websites and apps on the Internet. In this, the information of those who buy and sell remains hidden.

 What is the disadvantage of bitcoin? (Disadvantage of Bitcoin) The biggest disadvantage of bitcoin currency is that if your computer is hacked, then it will not be returned, that is, it will not be recovered. Not only this, you cannot file a complaint with the police or anywhere for its theft.

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