Bitcoin is a digital currency, a decentralized system that records transactions in a distributed ledger called a blockchain . Bitcoin miners run complex computer rigs to solve complicated puzzles in an effort to confirm groups of transactions called blocks.
Read moreWhat is the purpose of Bitcoin?
Bitcoin was created as a way for people to send money over the internet . The digital currency was intended to provide an alternative payment system that would operate free of central control but otherwise be used just like traditional currencies.
Read moreWhat is Bitcoin and is it any good?
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you’re looking for short-term profit . Digital currencies may also be a long-term investment due to their high market demand.
Read moreWhat cryptocurrencies are available on P2P?
The platform supports a wide range of cryptocurrencies, including Bitcoin, Binance Coin, Ethereum, EOS and Tether .
Read moreIs P2P a Binance?
Binance P2P is a peer-to-peer marketplace where you can directly trade crypto with other Binance users. Binance P2P facilitates crypto transactions in your preferred payment method, local currency and price.
Read moreWhat cryptocurrencies are available on P2P all markets included Binance?
Binance P2P is the platform we built in late 2018 to enable P2P Bitcoin exchange transactions using local currencies. Three years later, the platform supports buying and selling for six cryptocurrencies – BTC, ETH, BNB, BUSD, DAI, and USDT – using 55 local currencies via 150+ payment channels around the world.
Read moreIs it safe to buy P2P in Binance?
At Binance P2P, we provide an escrow service that ensures safe and fair trading . Once a buyer completes their order, we handle the seller’s cryptocurrency in a temporary deposit until both parties confirm the transaction is successful.19 Kas 2021
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