Founder: Satoshi Nakamoto
Date of introduction: 3 January 2009
What Is Bitcoin?
Bitcoin is an open-source, peer-to-peer, digital decentralized cryptocurrency. Powered by the Blockchain technology, its defining characteristic is its decentralization, i.e. the lack of central governing authority, such as a central bank or a ministry of finance. Bitcoin’s issuance and circulation are ensured by regular users via a process known as “Bitcoin mining”. Bitcoin can be sent anywhere, anytime, (almost) for free, and with little regard for national borders or government/bank-imposed restrictions.
Where Can I Buy Bitcoin?
A quick step-by-step guide on how to buy bitcoins with Coinbase:
- Create account. Open your account on Coinbase.
- Connect credit card. Add your credit card to your Coinbase profile
- Verify ID. Verify your ID with Coinbase.
- Buy Bitcoins! Buy Bitcoins using your credit card or bank account.
Get $10 or €10 worth of free Bitcoin when you buy more than $100 or €100 worth through http://bit.ly/coincryptobase
Where Can I Store My Bitcoin?
Recommended Wallets For Storing Your Bitcoin