Trade Cryptocurrency with IQ Option

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Cryptocurrency: Trade the hottest commodities: Santiment, Zcash, OmiseGo, Monero, Ethereum Classic, Dash, IOTA, Litecoin, Bitcoin Cash, Ripple, Ethereum, Bitcoin and others.
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Cryptocurrencies – How to trade Litecoin, Bitcoin Cash, Ripple, Ethereum, Bitcoin, Santiment, Zcash, OmiseGo, Monero, Ethereum Classic, Dash, IOTA recommended broker

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Frequently Asked Questions

What is Bitcoin? How to Trade Bitcoin?

What is Bitcoin?

A digital currency, used to make payments of any value without fees. It runs on the blockchain, a decentralised ledger kept running by “miners” whose powerful computers crunch transactions and are rewarded in bitcoins

How to trade Bitcoin?

Bitcoin can be traded on many platforms but of course we would like to recommend IQ Option platform of course:-)

What’s it for?

People see value in money free from government control and the fees banks charge; as well as the blockchain, to verify transactions. Bitcoin has been seen as a tool for private, anonymous transactions, and it’s the payment of choice for drug deals and other illegal purchases.

Who invented it?

Satoshi Nakamoto, a secretive internet user, invented bitcoin in 2008 before it went online in 2009. Many attempts to identify Satoshi have been made without conclusive proof

Is it worth anything?

Yes. As of July 2017, there were around 16.5m bitcoins in circulation. In March 2017, the value of a Bitcoin, at $1,268, exceeded that of an ounce of gold ($1,233) for the first time.

What is Bitcoin Cash?

In August 2017, the blockchain forked to support another cryptocurrency, Bitcoin Cash, which is optimised slightly differently. People who held Bitcoin received an equal value of Bitcoin Cash following this ‘hard fork’.

Few other facts about Bitcoin:

  • Over $100 Billion – Total market cap
  • $5 Billion – 24-hour volume record
  • Bitcoin is Recognized – Legal currency in Japan * (at the time of writing this article)
  • Bigger Than Gold – Bitcoin has been exceeding gold in value since 2014

Source:

  1. http://www.telegraph.co.uk/technology/0/what-is-bitcoin-everything-need-know-about-the-cryptocurrency/
  2. https://en.wikipedia.org/wiki/Bitcoin