FAQ

Bitcoin is the world’s first decentralized digital currency, created in 2009 to enable peer-to-peer payments without banks. Cryptocurrencies are blockchain-based digital assets that allow secure, transparent, and borderless financial transactions globally.

Bitcoin operates on a decentralized blockchain—a public digital ledger that records all transactions. Miners verify and add transactions to the chain using computational power, ensuring transparency, security, and preventing double-spending without the need for banks.

Buy on a regulated exchange — create an account, pass KYC, deposit fiat (bank transfer / card) and place a market or limit buy. Recommended major exchanges: Coinbase, Binance, Kraken. (Easiest for most people

No one owns or controls Bitcoin. It operates on a decentralized network of thousands of computers (nodes) worldwide. Rules are enforced by open-source code, and changes require community consensus, ensuring transparency, neutrality, and independence from any authority.

Yes, you can earn money through Bitcoin trading, long-term investing, mining, or accepting BTC as payment. However, Bitcoin prices are volatile—profits are not guaranteed. Success depends on timing, strategy, and understanding market risks.

Custodial apps (Coinbase, Binance) — very easy: open app → Send → paste/scan address → confirm. Provider manages keys and UX. Self-custody mobile wallets (Trust, Exodus) — easy–moderate: same flow but you must manage addresses, fees, and backups. Hardware wallets / desktop clients — moderate: extra steps (USB sign, fee tuning) but much more secure. Lightning Network — fast & cheap but slightly more advanced (channels/routing); many wallets hide complexity so it can feel simple.

Yes. Bitcoin exists entirely in digital form—it has no physical coins or bills. Ownership and transactions are recorded on the blockchain, a decentralized public ledger secured by cryptography instead of any physical or centralized system.

Bitcoin enables fast, low-cost global transactions without banks or intermediaries. It’s decentralized, transparent, and secure through blockchain technology. With a fixed supply of 21 million coins, it also protects users from inflation and government interference.