Bitcoin is a digital currency that can only be accessed using codes that are only known to the owner. It is just like depositing your money in a bank but this one is electronic. Bitcoins are usually used in financial transactions as payment for goods and services. However, there are only a few business establishments that would accept bitcoin as payment.
How Can You Own a Bitcoin?
Before you can own a bitcoin, you must have a bitcoin wallet. This is where you will keep your money. All transactions are done via the internet and only you can open your wallet using your code. Once you have a place for your digital money, you can start getting your bitcoins.
