What is Bitcoin:
Bitcoin is introduced in 2009 as open-source software. It is considered that it is developed by Satoshi Nakamoto, but the identity of Satoshi is still suspicious because no person came to claim this identity. Bitcoin is a noncentralized digital currency which is based on blockchain technology. Blockchain technology is a transparent system in which every transaction can be traced back. The whole transaction system is based on peer to peer transactions with no central authority. Bitcoin is a highly fluctuating currency of all time. In 2009 at the time of launching the value of a bitcoin was less than 0.01$, but today surpassed 9000$. Bitcoin has shown growth approx 9000 times which is greatest growth for any currency of all time.
How to invest in bitcoin:
You need a broker that is called exchange to buy a bitcoin. Binance, Kucoin, Bitmex are famous exchange. You need to choose an exchange and sign up with it. Provide all the personal details needed and upload the document required. Your account will be activated after successful verification. The verification process takes days sometimes takes over a week. After verification adds your card or bank details. Once your account linked you can buy bitcoins from the exchange, you can start trading in bitcoin. But before investing in bitcoin you should take proper safety measures because bitcoin is a highly fluctuating currency, therefore, clients must be extremely cautious and well aware for the risk involved in trading. Better to invest an amount that you can hold for a long time in case of any downfall of currency.
Bitcoin customer support:
Bitcoin is the leader of digital currency. Although bitcoin trading system was designed for ease of traders new traders regularly encountered any issue. To deal with this situation customers can contact bitcoin tech support phone number 24×7.
Common Questions asked for bitcoin customer Service:
- How to open an account on Binance exchange?
- Can I transfer my bitcoin from one wallet to another?
- How can I purchase a Bitcoin?
- How to add money to my binance account?
- How to sell my bitcoin?
- Which cryptocurrency we can buy on my exchange?
Bitcoin is a highly volatile stock. That’s why it attracts mass towards it. But there is always high risk involved with high gain. While investing in bitcoin clients should be cautious and well aware of factors of risk involved with it.