Bitcoin is one of the first cryptocurrency that was created in 2009. But if you are a crypto traders or an investors some basic things you should know about bitcoin.
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Bitcoin transaction is irreversible, that means you can not cancel a transaction after confirmation.
All transaction details is stored in the network.
Buying and selling bitcoin is still illegal in most of the south Asian country.
The best way to buy bitcoin is in exchange of a product.
Amount of total bitcoin limited, only 21 millions.
Bitcoin transaction takes on average 10 minutes.
Mining company was created due to bitcoin.
Bitcoin is stored in a wallet, if you loose your wallet then you will loose your coin.
No one can control your bitcoin wallet unless you loose your private key.
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