I have invested in Bitcoin because I believe in its potential. The capacity it has to transform global payments is very exciting!
Richard Branson, Billionaire businessman.
By now you must have heard about bitcoin, and that's probably why you landed on this page; you want a simple explanation. How would you define bitcoin to a 10 year-old ? In layman's terms, bitcoin is a cryptocurrency, that is also being adopted as a worldwide payment system. You can also think of it as a digital currency. What this means is that there are no bills/notes to print, or coins to be minted.
Why bitcoin ?
Bitcoin can be used for anonymous payments, and there's no middleman involved. This means there are no banks to deal with !
how do I buy bitcoin ?
Obtaining some bitcoin online is as simple as 1,2,3 with IQ Option, and you can even use your debit or credit card to buy some bitcoin instantly !
Just what is bitcoin then ?
The travel bookings giant accepts bitcoin payments, but only for hotel reservations.
Since 2013, you can now pay for space travel using bitcoin on Virgin Galactic.
After partnering with Coinbase, Overstock started accepting bitcoin as a form of payment since January 2014.
Online gamers using Zynga can now pay for in-app purchases with the cryptocurrency.
Much like the foreign exchange market, the price of bitcoin is fluctuating all the time. In early 2017, 1 BTC was worth just under $900. It shot up to nearly $20,000 by year's end.
Today's price is given in the widget below, and you can purchase some bitcoin by clicking that green BUY button.
How much can I buy?
Are you ready for it ? Some people get confused, thinking they can only buy a minimum of 1 BTC, which in this case would be whatever figure you see in the widget above. The good news is that you can buy as little as $1 worth of bitcoins ! Yes, you read it right. Other services will place minimum, but not here. $1 is all it takes for you to own some cryptocurrency.
You can now purchase bitcoin, as well as the other cryptocurrencies like TRON, Qtum, and Ethereum, and store them in a safe & secure crypto wallet.