Many will be regretting now why they did not invest in bitcoin in the early stage when it was practically worth nothing but right now it has become a unit of measure on the currency market platform. Even up till today, many are yet to know what bitcoin is, how to use it and probably how to exchange into the local currency.
Bitcoin is one the 100s of cryptocurrency existing in the world. Other crytocurrency are known as altcoin which is bitcoin alternative because bitcoin was the first be decentralized in the year 2009. Other cryptocurrency include:
- Ethereum classic
- Augur. etc
You can see the list of the cryptocurrency by clicking HERE
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. Cryptocurrencies are a subset of alternative currencies, or specifically of digital currencies.
According to Wikipedia
Just like local currency exchange rate with foreign currency, bitcoin value change also due to similar factors as normal currencies appreciate and depreciate.
You can make payment with it on stores that accepts it. Many countries will be embarrassing it as a known and verified currency for use this year.
Own a bitcoin account from the leading providers BLOCKCHAIN, follow the steps and save your information gotten to a save place like the account identifier that will be generated for you and the bitcoin address which will be used to receive bitcoin from other users.