What is Bitcoin? Bitcoin (BTC) is a cryptocurrency, a form of electronic money. This is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on a peer-to-peer bitcoin network without the need for intermediaries.
An anonymous software developer named Satoshi Nakamoto proposed Bitcoin in 2008 as an electronic payment system based
on mathematical evidence. The idea was to create a medium of exchange independently of any central authority, which can be electronically transmitted in a safe, verifiable and unchanged manner. To this day, no one knows who Satoshi Nakamoto really is.
Let’s say you want to buy Bitcoin. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy BTC.