2. 1. What is Bitcoin?
1. Benefits of Using the Bitcoin Exchange
1. 5 Benefits of Bitcoin Exchange
Deflationary Nature of the Digital Currency
2. Operation in 24/7 System
3. Irreversibility of the Transactions
4. Anonymity of Transfers
5. Payment Card for Your Account
Index
3.
4. Bitcoin is a digital currency created by
‘‘Satoshi Nakamoto’’, who has worked on the
project alone and released the code in 2009
to the public.
Bitcoins are traded in a peer-to-peer
network, with all transactions being recorded
in a public ledger called the blockchain.
What is Bitcoin?
5. If you send one bitcoin from your bitcoin
address to your friend, the bitcoin network
records the transaction in the public ledger,
so you no longer have possession of bitcoin.
The coin has moved from bitcoin wallet to
your friend wallet.
In this PPT We have gathered the most
important benefits of using the bitcoin
exchange.
6. Bitcoin exchanges are an integral part of the
virtual currency world.
Here we discuss some benefits of using the
bitcoin exchange.
5 Benefits of Using the Bitcoin
Exchange
7.
8. Bitcoin is suitable for long-term investment
due to the deflation.
Under the deflation conditions for the same
amount of coins, we will be able to purchase
more goods or services.
Also, more companies around the world offer
the ability to pay the bill in the digital
currency.
1. Deflationary Nature of the
Digital Currency
9. Bitcoin can be traded for 24 hours, 7 days a
week.
It is one of its major advantages, as it is a
very dynamic currency.
With the ability of instant exchange, the time
barrier has no meaning, as the difference in
traditional methods.
2. Operation in 24/7 System
10. Bitcoin transactions cannot be undone.
Therefore, when performing transfers and
operations on funds, you have to be very
careful.
1. Immediate transfers to anywhere in the
world.
2. Information openness thanks to
Blockchain.
3. Currency is resistant to a debt.
3. Irreversibility of the
Transactions
11. To transfer a digital currency, we do not need
to go through the verification process.
Using fiat currencies is necessary.
You can open the Bitcoin wallet in just
seconds, and the recipient's wallet address
will be enough to make a transaction.
4. Anonymity of Transfers
12. However, every transaction is stored publicly
and permanently on the network.
It means that anyone can see the wallet's
balance.
But until we disclose our data ourselves, they
are not publicly known.
We can generate a new address at any time
from anywhere.
13. As with the classic currencies, you can pay by
Bitcoin for purchases.
The card for your account makes it easier.
The card allows both fixed and online
payments.
5. Payment Card for Your
Account