Bitcoin. What do you need to know before starting in Bitcoin?

Bitcoin is a payment system that participates in the evolution of the financial market. This is why there are now more and more platforms offering to buy bitcoins. But what is the best site to invest safely?

Bitcoin in a nutshell

Bitcoin (BTC) is the very first digital currency to have emerged, but also the most popular. At its side we also find Ethereum and Ripple, whose evolution can be followed thanks to the Ripple price.

Created at the end of 2008 by an unknown developer under the pseudonym of Satoshi Nakamoto, the virtual assets including Bitcoin have the particularity of not being affiliated with any central bank as for a classic design.

This first crypto made it possible to carry out transactions of value without the intervention of a third party. It is the largest and most accepted global payment network. LiteBit.eu

This exchange system is called peer-to-peer or peer-to-peer (P2P). A computer network where each user can sell and buy crypto-currencies directly, without the intermediary of an organization.

Towards the currency of tomorrow?

It is clear that Bitcoin is a means that interests more and more. Countries like El Salvador and recently the Central African Republic have even made it a legal means of payment. Thus, daily classes and even taxes can be paid with Bitcoin.

In France, the subject is not yet topical. Indeed, crypto-currencies do not have an explicit legal status and their supervision by the public authorities remains embryonic. (source: economie.gouv.fr)

Choose an expert like LiteBit to start in cryptocurrency

Thousands of platforms have been created since the birth of Bitcoin. It is therefore not always easy to know where to turn when starting out in cryptocurrency.

Designed by two cryptocurrency enthusiasts, LiteBit offers an exchange platform accessible to everyone, even beginners. A concept rewarded in 2019 and 2020, with the “Best Crypto Broker” award.

In addition to being intuitive, LiteBit offers a wide choice of cryptocurrencies to allow everyone to find the most suitable solution.

We present an array of 70 cryptos applicable in the market, which are carefully selected by our experts. Litebit.eu

Today, LiteBit is deployed in 15 countries and has a team of 90 professionals involved and at the service of each client. Building on its success, it is thus one of the most popular platforms on the cryptocurrency market in Europe.

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