What currency is Bitcoin? This article teaches you how to buy and trade Bitcoin-web3.0-php.cn

What currency is Bitcoin? This article teaches you how to buy and trade Bitcoin

WBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWBOYWB

Jul 26, 2024 pm 04:15 PM

BlockchainBitcoincryptocurrencydigital currencyBlockchain technologyusdtexchangetrading platformHow to buy Bitcoinbuy bitcoin

Bitcoin is a decentralized digital currency created anonymously (2009) and not controlled by a central authority. How to buy and trade Bitcoin: Choose a platform and create an account Top up funds/Bitcoin Place an order to buy or trade Bitcoin

What currency is Bitcoin? This article teaches you how to buy and trade Bitcoin

What currency is Bitcoin?

Bitcoin is a decentralized digital currency created anonymously in 2009 by Satoshi Nakamoto. Unlike traditional currencies, Bitcoin is not controlled by a central authority but runs on a computer network through blockchain technology.

How to Buy Bitcoin

1. Choose a Platform: There are a variety of platforms that allow you to buy Bitcoin, including cryptocurrency exchanges, brokerages, and peer-to-peer markets. Choose a platform that is reputable and suitable for your needs.

2. Create an account: Register an account on the platform of your choice and provide the necessary personal information for identity verification.

3. Recharge funds: Use bank transfer, credit card or other supported payment methods to recharge your account.

4. Place an order to buy: Find the Bitcoin trading pair on the platform (such as BTC/USDT) and enter the quantity and price you want to buy. Confirm the order and execute it.

How to trade Bitcoin

1. Choose a trading platform: There are a variety of trading platforms available for trading Bitcoin, including centralized exchanges, decentralized exchanges, and peer-to-peer platforms. Choose a platform that meets your needs and has the features you want.

2. Create a trading account: Register an account on the trading platform of your choice and complete KYC verification.

3. Deposit Bitcoin: Transfer Bitcoin from your wallet or other platform to your trading account.

4. Place an order: Find the Bitcoin trading pair (such as BTC/USDT) on the trading platform and enter the quantity, price and transaction type you want to trade. Confirm the order and execute it.

Bitcoin Price Tracking

As of 13:00 on July 26, 2024, Bitcoin (BTC) was trading at $66,987.77, with a 24-hour trading volume of $353.9 billion. Bitcoin is up 4.28% over the past 24 hours.

Reasons for Change

The rise in Bitcoin price can be attributed to the following factors:

Macroeconomic Uncertainty: Global economic concerns and rising inflation have led investors to seek safe-haven assets, and Bitcoin is one of them one.
Institutional Adoption: More institutional investors are including Bitcoin in their portfolios, which increases the demand for the currency.
Halving Effect: Bitcoin’s halving event is expected to occur in January 2024, which will reduce the number of Bitcoins entering the market.

Future trend prediction

In the short term, Bitcoin is expected to continue to rise. Macroeconomic uncertainty will continue and institutional adoption will increase. Additionally, the halving effect could push prices even higher.

Recommendation

For investors looking to add Bitcoin to their portfolio, now may be a good time to buy. However, investors should always conduct their own research and risk assessment before making any investment.

Key indicators

Current price: 66987.77 US dollars
24-hour trading volume: 353.9 billion US dollars
Circulation market capitalization: 132.1 trillion US dollars
24-hour increase: 4.28%
Circulation volume: 19.73 million US dollars
Market capitalization: 132.1 trillion US dollars

The above is the detailed content of What currency is Bitcoin? This article teaches you how to buy and trade Bitcoin. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

amazon project kuiper satellite launchApr 10, 2025 pm 05:36 PM

Amazon's Project Kuiper satellite launch was postponed due to unfavorable weather conditions. The delay was likely influenced by factors such as high-altitude wind shear, lightning threats, and high surface winds, which are common hazards in space launches. This postponement highlights the need for meticulous planning and flexibility in the unpredictable environment of space operations.

Is Wall Street Quietly Backing Solana? $42 Million Bet Says YesApr 10, 2025 pm 12:43 PM

A group of former Kraken executives acquired U.S.-listed company Janover, which secured $42 million in venture capital funding to begin building a Solana (SOL) treasury.

Kevin O'Leary Urges Trump to Impose 400% Tariff on Chinese GoodsApr 10, 2025 pm 12:35 PM

Canadian businessman and investor Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior t

Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assetsApr 10, 2025 pm 12:27 PM

U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to remove regulatory barriers

China and Russia Have Started to Settle Some Trade Deals Using BitcoinApr 10, 2025 pm 12:19 PM

According to a report by VanEck, China and Russia have started to settle some trade deals using Bitcoin.

Skybridge Capital's founder warns China is preparing fierce economic retaliation as the U.S. slaps 125% tariffs on Chinese goods, signaling currency shocks, massive stimulus, and financial warfare.Apr 10, 2025 pm 12:03 PM

ucci Outlines 5-Point Forecast on China's Next Moves Amid Rising Trade Tensions

Ethereum (ETH) Underperforms Bitcoin (BTC)Apr 10, 2025 pm 12:01 PM

underperformed Bitcoin on 85% of all trading days since it launched in 2015. The ETH/BTC ratio, which tracks the value of Ether relative to Bitcoin, dropped to a five-year low of 0.018

President Trump's Tariff Announcement Sent Bitcoin Dropping 5.4%Apr 10, 2025 am 11:53 AM

In the world of cryptocurrencies, few events can shake things up like big government decisions. President Trump's recent tariff announcement did exactly that