Cryptocurrencies are a good way to invest and earn money. Easy to use, flexible and secure, they meet basic needs such as financial independence… but not only that.
Bitcoin is the first cryptocurrency. In 2009, a mysterious developer known under the pseudonym of Satoshi Nakamoto launched Bitcoin, the first cryptocurrency.
More than 10 years after its launch, Bitcoin has acquired its place as a big favorite among thousands of digital currencies such as Ethereum, Ripple, Tron, Cardano or Litecoin.
In 2021, there were 5,023 cryptocurrencies in circulation in the world.
Cryptocurrencies work from a decentralized system called the blockchain, a technology for storing and transmitting information, in the form of a database.
Blockchain enables direct peer-to-peer transactions between computers, known as peer to peer (P2P). A system that does not depend on any financial authority like the euro, the dollar and all the other official coins.
The place of cryptocurrencies in France
While El Salvador and the Central African Republic, since 2022, have made Bitcoin an official currency, in France, cryptocurrencies have no legal framework and are not intended to be used as real means of payment.
According to article L111 — 1 of the Monetary and Financial Code (CMF), “the currency of France is the euro”. It is therefore the only currency that is legal tender in France.
Convert cryptocurrencies to euros
Exchanges allow users to buy and sell cryptocurrencies, in just a few minutes. So to pay digital currencies, you just have to transfer them to an account or a bank card and the conversion is done automatically. In general, the transfer takes effect within 48 to 72 hours.
What is the best cryptocurrency site?
LiteBit is a project designed by two passionate cryptocurrency entrepreneurs. Through their site, they wanted to make the Universe of virtual currencies clearer, easier to use so that everyone can access it.
Over the years, the concept has attracted thousands of users. A success rewarded in 2019 and 2020, with the “Best Crypto Broker” award.
We want to make things as easy as possible for you. Buy Bitcoin and other cryptos quickly and easily with reliable payment methods.
Now, LiteBit is a company that employs more than 90 experts spread all over the world. A great rise that places it as one of the favorite platforms in Europe.
With more than 70 virtual currencies offered, LiteBit offers the opportunity to grow your capital through reliable and secure investments.