WHAT IS BITCOIN?
A type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central. bank.
A unit of bitcoin.
Bitcoins aren't printed, like euros or dollars - they're produced by people, and increasingly businesses, running computers worldwide using software that solves mathematical problems.
A unit of bitcoin.
Bitcoins aren't printed, like euros or dollars - they're produced by people, and increasingly businesses, running computers worldwide using software that solves mathematical problems.
WHO CREATED IT?
Satoshi Nakamoto, a software developer proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with a very minimal transaction fees.
WHAT ARE ITS CHARACTERISTICS?
1. It's decentralized.
2. It's easy to set up.
3. It's anonymous.
4. It's completely transparent.
5. Transaction fees are minimal.
6. It's fast.
7. It's non-repudiable.
2. It's easy to set up.
3. It's anonymous.
4. It's completely transparent.
5. Transaction fees are minimal.
6. It's fast.
7. It's non-repudiable.
HOW TO have a bitcoin wallet?
Having a bitcoin wallet is totally FREE and easy to set up. Once you verifies your ID and selfie you will received 50 PHP bonus.
1. Go here and click "Sign up to claim your credit".
2. Enter your email address and preferred password, then click "Continue". IMPORTANT: When choosing your password, please remember to you use a unique password composed of at least one number and a minimum of 8 characters. Please do not use a password that you have already used with another website or service.
3. You'll see a verification page that says, "Check your email". Go to your email inbox and check for an email from Coins.ph containing your verification code. Copy-paste the verification code into the page, then click the "Verify" button.
4. You are in!