What kind of currency is Bitcoin? Which exchanges can buy Bitcoin?

What is Bitcoin?

Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.

Exchanges to Buy Bitcoin

Here are some of the major exchanges where you can buy Bitcoin:

1. Coinbase: One of the largest and most popular exchanges, Coinbase offers user-friendly buying and selling options with a wide range of payment methods.
2. Binance: Another major exchange, Binance is known for its low fees and a wide selection of cryptocurrencies, including Bitcoin.
3. Kraken: A long-standing and reputable exchange, Kraken provides a secure and reliable platform for buying and trading Bitcoin.
4. Gemini: A regulated and insured exchange, Gemini is designed for institutional and individual investors with a strong focus on security.
5. Cash App: A mobile payment service, Cash App allows users to buy and sell Bitcoin as well as other cryptocurrencies.
6. BlockFi: A crypto-focused platform, BlockFi offers interest-bearing accounts, loans, and the ability to buy Bitcoin.
7. FTX: A derivatives exchange, FTX also provides spot trading of Bitcoin and other cryptocurrencies.
8. eToro: A social trading platform, eToro allows users to invest in Bitcoin and other assets through a copy trading feature.
9. Voyager: A mobile-first cryptocurrency broker, Voyager offers commission-free trading of Bitcoin and over 60 other cryptocurrencies.
10. PayPal: The well-known online payment service, PayPal, enables users to buy and sell Bitcoin within their PayPal accounts.