What is Bitcoin?
Bitcoin is the first cryptocurrency and remains the most widely recognised. It was designed to allow people to send and receive money without relying on banks or central authorities.
What is Bitcoin?
Bitcoin is a decentralized digital currency that runs on a blockchain. This means no single company or government controls it.
Why do people buy Bitcoin?
- Often described as “digital gold”
- Used as a long-term store of value
- The most recognised crypto asset globally
Key features
• Fixed supply (21 million coins)
• Highly secure network
• Independent from other blockchains like Ethereum or Solana
Risks to understand
Prices can be highly volatile
Transactions are irreversible
Sending to the wrong address can result in permanent loss
Quick facts
Launch: 2009
Creator: Satoshi Nakamoto
Supply: 21 million
Beginner takeaway
Bitcoin is often the first crypto beginners learn about. It is simple compared to other assets but still carries risk.
Next step
Learn about other beginner-friendly assets or move into a guided buy flow.