Bitcoin and everything about it.

Bitcoin
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Hello.
How are you all.I am writing after two days.I was trying to post regularly but for my study I was busy and I couldn't post,sorry for that.But today I am back with another interesting post.
Many of you may heard about bitcoin and many of you may have not heard about it.
Today I am going to writing something on bitcoin.So let's get started.
 What exactly is bitcoin?
Bitcoin is a cryptocurrency and also an online payment gateway.
The only different between other payment gateway and bitcoin is that bitcoin converts any currency to bitcoin.
Cryptocurrency
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Cryptocurrency is online currency it is not used or found offline.
There are many cryptocyrrencies like litecoin,dogcoin etc.
Among them bitcoin is the most popular.
Is bitcoin or cryptocurrencies are legal?
Accept for some countries bitcoins are legal.
Even the president of United States uses bitcoin and approved it for everyone.
So there is no risk to use bitcoin.
Cryptocurrency status 2015
Photo Courtesy : coindesk.com


Where can I use bitcoins?
You can use bitcoins in many online store.
And if you want to but domain names or hosting then bitcoin is perfect for you.
Another great thing about bitcoin is that it doesn't charge any fees to transfer funds from one bitcoin wallet to another.No other online payment gateway provides this service.
Also if you want to exchange your bitcoin to dollars in other online payment gateway like paypal,skrill then you can use online currency exchanger.
Why should I use bitcoin?
Bitcoin price keeps changing every moment recent price of bitcoin is more that 1000 us dollars.No other currency is so costly.And the price is going up and up from the beginning.
So if you use bitcoin you can make some extra money legally without doing anything.
Many online earning sites also accept bitcoin payments.Like I recently posted about PTC earning.
Read : Income from PTC site's real or fake?
You can easily cashout your earnings using bitcoin wallet.

Bitcoin fees vs Credit cards fees
Photo Courtesy : altcointoday.com




Where can I get Bitcoin wallet?
There are many trusted bitcoin wallet address sites.
But among them two sites are most used and very popular worldwide and safe of course.
They are coinbase and xapo.
I hope you now about bitcoin.
If you want to know more about you can visit Wikipedia for more informations.
That's all for today.If you have any queries or want to know anything about it you can comment below and don't forget to share our posts with your friends.

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