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What is Bitcoin? · Xapo Support

What is Bitcoin?

Answer:

Bitcoin is a digital currency that is rapidly gaining popularity because it solves many of the problems of other forms of currency. It's created and held electronically and can be used to buy goods and services or transfer money anywhere in the world. Bitcoin is the first currency to be globally accepted and there is no currency exchange, no minimums, no limits and it does not require a bank account.

Bitcoin was invented in 2008 as a peer-to-peer payment system for use in online...

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Related topics : bitcoin peering electronic payment system / bitcoin digital currency exchange / using bitcoin for currency exchange / bitcoin digital currency / transfer money from bitcoin to bank account

How much does it cost to send or receive a transaction ...

The cost to send transactions via the bitcoin network constantly fluctuates.

Since the cost to process both incoming and outgoing transactions continuously changing,

we recommend always checking this information! Check our fees page...

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Related topics : bitcoin cost per transaction / bitcoin transactions fee / bitcoin transactions / bitcoin sending fee / use bitcoin to buy