Know what is Bitcoin and Cryptocurrency? How to trade in this virtual currency

 

The cryptocurrency bitcoin is growing rapidly in investors around the world. Rich people who invest in cryptocurrencies want to increase their capital rapidly through this online currency. This is the reason that its prices are also constantly touching new heights. After 3 years, there has been a big rise in the prices of bitcoin once again. In the year 2017, bitcoin set its record high. After this, she constantly slipped downwards. But, now a new high of 3 years has been made back. People are investing in this bitcoin currency worldwide. However, the Government of India believes that it does not have any virtual currency data and hence its trading may be threatened.

 

Cryptocurrency bitcoin was started in the year 2009. In the first few years, bitcoin was gradually increasing. But, after the year 2015, it has seen a big boom and it has come in the eyes of the world. In many countries, trading in this virtual currency was considered legal and the price of bitcoin continued to rise. Currently, its price has crossed $ 18000. This is a kind of digital currency. Bitcoin was started by a person named Satoshi Nakamoto. Cryptocurrency Bitcoin trading is being done secretly in India too. However, the government has not yet made policies regarding this. At the same time, it has been approved by the Supreme Court.

 

Bitcoin trading is done through a digital wallet. The price of bitcoin remains the same all over the world at one time. That's why its trading became famous. The price of bitcoin keeps on decreasing according to the activities of the world. No country determines it, but it is a currency to be completely digitally controlled. There is no set time for bitcoin trading. Its price fluctuations are also very fast.

 

Does Bitcoin also have an exchange? Bitcoin trading can be done through Kraken. It is a cryptocurrency exchange. Which was created in the year 2011. For this, first, you have to create your account in it. After this, the trading account has to be confirmed via email. After account verification, you can select the trading method. There is a bitcoin trading chart in which there is a history of the price of bitcoin. An investor can buy and sell bitcoins by ordering on time. The change in Cryptocurrency bitcoin prices is very unpredictable and rapid. According to the investment, the investor finds it quite attractive.

 

A ledger statement of bitcoin transactions is made. In millions of merchants in the world also deal with bitcoins. However, no central bank has recognized it yet. Many big companies in America also accepts bitcoin. In the wisdom of the Internet, there are many exchanges that make it buy and sell. It is marketed through many websites and apps on the Internet. In this, information about investors who are buying and selling is hidden. The biggest loss from bitcoin currency to investors is that if your computer is hacked then it will not be back, that is, it will not recover. Not only this, Investor cannot lodge a complaint with the police or anywhere.