What is Bitcoin?
Bitcoin is one of the most famous decentralized cryptocurrency in the market. This coin is an online currency that enables the peer to peer exchanges and transactions between people.
With the help of Bitcoin currency, all independent network participants can make exchanges among each other without intermediary assistance.
According to Nakamoto’s own words, BTC currency is launch to enable the currency holders to send the payments directly from one party to another without going through a financial institution.
There are some other new cryptocurrencies as well, but as always, BTC holds the position of being no. 1 as it is launched first in the market.
Most Active Markets
It is a fact that BTC is more famous than even the term cryptocurrency. As Bitcoin is so significantly famous and is a synonym to Crypto, we think it is quite apparent to guess that BTC is transacted on every virtual crypto platform. However, some incredibly popular market for transacting BTC are:
Why Bitcoin is Unique?
The reason behind the popularity of the BTC cryptocurrency is its unique feature of being the first currency in the market. BTC Coin is a global currency that is growing and advancing each day. Millions of currency holders are investing, trading and transacting in cryptocurrencies with Bitcoin or other currencies.
Bitcoin cryptocurrency is inspiring numerous other companies to develop similar currencies that enable the users to receive, send and exchange with other crypto users in the world.
Today the cryptocurrency market is worth more than $300 billion because of the ideal first cryptocurrency. Moreover, mining Bitcoins can be incredibly profitable for miners, depending on the current hash rate and price of the Bitcoin.
Moreover, at this point there are numerous cryptocurrencies in the market that provide similar features, however BTC is still holding a dominant position in the industry.