Bitcoin exchange

Bitcoin

Bitcoin is a new form of currency that has been revolving over the past decade and is being maintained by the smartest minds in technology. It is a new form of money which has been created digitally and no government owns it but the community. The inventor of Bitcoin remains unknown. Unlike other currencies which are based on gold and silver, Bitcoin is based on mathematical formulae and proof. It was reported that three individuals namely Charles Bry, Neal Kin, and Vladimir Oksman filed an application for encryption patent application. These three individuals are believed to have a connection with the alleged founder of Bitcoin known as Satoshi Nakamoto. Satoshi Nakamoto, who is alleged to be the founder of Bitcoin, revealed his paper work to demonstrate his idea showing peer-peer vision of electronic cash to the entire globe. According to his illustration, he gives solution to manage the problem of money copying which provided a foundation for Bitcoin to grow. The following shows the evolution of Bitcoin and progress since its creation. Since the ancient times, finance and the methods of payment has been evolving through years. in the beginning, commodities were exchanged through barter trade. From there, the means of payment progressed to gold and silvers then to the current form of currency i.e. money. The evolving process does not end there since it is still in the process of evolving to technological cryptocurrency known as Bitcoin which is seen as the future of currency. 8th January 2009 – during this time, Bitcoin received an equivalent value in the traditional currencies. It is here when the first Bitcoin began and from there the mining process began.

February 2010 – the first Bitcoin market was developed by the defunct dollar. November 2010 – the value of Bitcoin in the market reached $1 million USD. This was due to the number of increased circulationJanuary 2011 – Bitcoin was announced as being misused to purchase illicit and illegal products such as guns and drugs. it was also suspected to fund terrorist groups. February 2011 – Bitcoin was worth $31 million USD and thus gave the currency a market cap of $206 million USD. March 2013 – United States Financial Crime Enforcement Network (FINCEN) formulated rules and regulations to be adhered by persons administering Bitcoin. In addition, within this month, the value of Bitcoin was worth $1 billion USD. November 2013 – At this time the Bitcoin price rose to $700. at the end of the year in December, the price of Bitcoin went down to $200 but never went down again from that point.December 2013 – Bitcoin started to be used in other countries but some countries revoked it and said it did not recognize it as a means of exchange. During this period, BiJanuary 2015 – A lot of countries adapted called information about the digital money. It is believed that Bitcoin could spread throughout the entire globe and can be used in larger financial institutions but with high regulations to avoid crime and malpractices. Bitcoin could be the future means of payment since it is a fast means of payment, eliminates the use of chargebacks, it is not controlled by the government, protects against inflation and other financial crisis and it has a low cost of transaction.

Bitcoin exchange is where individuals buy and sell Bitcoin using different flat currencies. Bitcoin currency exchange is an online platform that acts as intermediary between buyers and sellers of cryptocurrency. Bitcoin brings buyers and sellers who match in terms of their necessities. This works such that when a buyer or seller places an order, the order goes to an order book until where another buyer or seller will match the price quoted. To carry out Bitcoin exchange there is a transactional fee that is applied to each sell and buy transaction. The rate of transaction fee depends on the amount of Bitcoin being exchanged.

How Bitcoin is usedJust like paper money, Bitcoin is used to purchase goods and services. However, there are key differences between paper money and Bitcoin. Bitcoin mainly exists in form of online data so that you can trade it online, through wallet software or peer to peer or online services. you can either acquire Bitcoin through mining, or through trading them with goods and services or other money with individuals who have them. To mine Bitcoin, you have to undergo certain complex mathematical equations and you are rewarded small portion of the cryptocurrency. When you have Bitcoin, you can buy anything that accepts this form of cryptocurrency. In other instances, you will find that Bitcoin is the only form of payment that is accepted and you will have to acquire it by the methods discussed. Bitcoin also exists in paper money but in limited amount. This is because it had once been accused of promoting illegal deals. Purchasing Bitcoin is the simplest way to acquire them compared to mining which involves complex mathematical formulae. In addition, you can exchange Bitcoin to other forms of payment systems such as perfect money. The process is very simple and involves fewer transactions. Exchanging Bitcoin to perfect money is very easy and the whole process is automated. There are a number of exchange sites that you can use. Whatever exchanger you opt for, you are supposed to fill the desired amount that you intend to change. You will then see generated Bitcoin address where you will confirm to send bitcoins to that Bitcoin address. After 30 minutes your perfect money will be transferred into your account.

Volatility of BitcoinBitcoin is a cryptocurrency that is very volatile. Its exchange rate changes in a short period of time. For instance, you might find the exchange rate of a Bitcoin is 76 USD but after few weeks it has risen or dropped. This has created investments opportunity and digital wealth. It has become a key investment opportunity that investors and firms have found place to invest in. Through Bitcoin exchange, you are able to buy and sell Bitcoin for other currencies or for goods and services. Due to its volatility in exchange rate, investors buy/mine when the exchange rate is low and keeps them until when the exchange rates have risen to favorable rates. This has made a lot of Bitcoin investors reach and has created revenue and investment funds for companies. Major organizations have considered Bitcoin exchange as a key source of investments. The exchange rate are not determined by the rate of inflation since Bitcoin is not controlled by the federal reserves. Moreover, there is limited amount in the circulation of Bitcoin unlike paper money.

Perfect moneyPerfect money is currently the leading financial service that enables users to make payments and money transfers through the internet in a secure way. Perfect money it has made transaction through the internet be easy and ideal. Perfect money stores money on electronic account which draws interest after every month. It is the leading form of payment of goods and services in online internet stores/shops. In addition, perfect money enables users to buy cryptocurrency such as bitcoins and other cryptocurrencies.

How to trade Bitcoin to perfect moneyExchanging Bitcoin to perfect money is very easy and the whole process is automated. There are a number of exchange sites that you can use. Whatever exchanger you opt for, you are supposed to fill the desired amount that you intend to change. You will then see generated Bitcoin address where you will confirm to send bitcoins to that Bitcoin address. After 30 minutes your perfect money will be transferred into your account. Before you make any exchanges, you have to ensure that you have bitcoins that correspond to the amount you intend to withdraw. Moreover, it is important to consider an exchange site that has a perfect exchange rate.

How to transfer perfect money to Bitcoin and vice versaExchanging perfect money is very easy and the whole process is automated. There are a number of exchange sites that you can use. Whatever exchanger you opt for, you are supposed to fill the desired amount that you intend to change. You will then see generated perfect money page where you will confirm to send bitcoins to that Bitcoin address. After 30 minutes your perfect money will be transferred into your accountExchanging Bitcoin to perfect money is very easy and the whole process is automated. There are a number of exchange sites that you can use. Whatever exchanger you opt for, you are supposed to fill the desired amount that you intend to change. You will then see generated Bitcoin address where you will confirm to send bitcoins to that Bitcoin address. After 30 minutes your perfect money will be transferred into your account. . Bitcoin mainly exists in form of online data so that you can trade it online, through wallet software or peer to peer or online services. You can either acquire Bitcoin through mining, or through trading them with goods and services or other money with individuals who have them. To mine Bitcoin, you have to undergo certain complex mathematical equations and you are rewarded small portion of the cryptocurrency. When you have Bitcoin, you can buy anything that accepts this form of cryptocurrency. In other instances, you will find that Bitcoin is the only form of payment that is accepted and you will have to acquire it by the methods discussed. Bitcoin also exists in paper money but in limited amount. This is because it had once been accused of promoting illegal deals. Purchasing Bitcoin is the simplest way to acquire them compared to mining which involves complex mathematical formulae.

ConclusionAs described, Bitcoin is currently the leading form of cryptocurrency with a lot of users. This form of currency is expected to transform the online money. With Bitcoin, you are capable of carrying a lot of activities. Bitcoin exchange has changed the game and has made Bitcoin more effective. Bitcoin mainly exists in form of online data so that you can trade it online, through wallet software or peer to peer or online services. you can either acquire Bitcoin through mining, or through trading them with goods and services or other money with individuals who have them. To mine Bitcoin, you have to undergo certain complex mathematical equations and you are rewarded small portion of the cryptocurrency. When you have Bitcoin, you can buy anything that accepts this form of cryptocurrency. In other instances, you will find that Bitcoin is the only form of payment that is accepted and you will have to acquire it by the methods discussed. Bitcoin brings buyers and sellers who match in terms of their necessities. This works such that when a buyer or seller places an order, the order goes to an order book until where another buyer or seller will match the price quoted. To carry out Bitcoin exchange there is a transactional fee that is applied to each sell and buy transaction. The rate of transaction fee depends on the amount of Bitcoin being exchanged.

The volatility of Bitcoin has made it to be considered as investment opportunities where users and companies are drawing a lot of funds. Most of users have converted their wealth into Bitcoins since they have seen the potential in the cryptocurrency. Currently, there is no Cryptocurrency that has A lot of investors such as Bitcoin. This has been greatly propelled by the changes in exchange rates.With Bitcoin you are able to exchange the cryptocurrency into Perfect money. Perfect money is currently the leading financial service that enables users to make payments and money transfers through the internet in a secure way. Perfect money it has made transaction through the internet be easy and ideal. Perfect money stores money on electronic account which draws interest after every month. It is the leading form of payment of goods and services in online internet stores/shops. In addition, perfect money enables users to buy cryptocurrency such as bitcoins and other cryptocurrencies. Through Bitcoin exchange platform, Bitcoin is said to be the future of cryptocurrency. though it has been criticized by other countries and individuals, most of them have endorsed it and have seen the potential it possesses. Some companies and online stores use it as their only means of payment for investment purposes.

The current exchange rate will remain valid for 15 minutes.
If your payment was received after this period, the exchange rate will be recalculated based on new rate.
This transaction will be processed in the automatic mode.



BTC Price: USD


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Attention! The order will be executed within a few minutes after our system receives 1 confirmation from the Bitcoin network.
If the Bitcoin rate has changed by more than 1% and the service will have a risk of incurring losses - the service has the right to recalculate the order at the actual exchange rate.