Crypto Currency is a digital currency that we can call in Internet currency in general language. We cannot store this currency in our house or in our wallet because it is not a kind of note or any coin. Therefore, you can use bit coin online only. Bit coin is a Decentralized way, meaning there is no Authority, Government or any bank to control this currency. It works on Peer-to-Peer Networks Base and bit coin users believe it is a currency.
In this way, it has become a global currency. It has been discovered by Santoshi Nakomoto in 2008, since Bit coin was invented, since this it has become quite popular / Crypto Currency. Cannot put bit coin in pocket wallet. If we cannot keep it in our house or pocket wallet, then you can store the bit coin. You need a bit coin wallet to store it. Many applications in the internet Software. And Cloud-Based Wallet is where you can store bit coins by creating an account.
How does Bit coin Wallet work? First of all, he offers you a unique address. Suppose that you bought the Bitcoin from anything, you will need an address to order it, so you can store and store nicotine in your wallet.
Just like you have sold bit coins and earned some rupees from them, you will need Bit coin Wallet to transfer those funds to the bank.
How to buy Bitcoin?
Well, there are many ways to buy bit coin, such as – you can buy bit coin from your local currency, or by selling any service or anything else you can take a bit coin instead of that thing. Apart from this, you can earn Bit coin with the help of a website or application.
Let’s know what the best websites in India are to buy and sell Bit coins. The following websites have been listed in terms of ease of popularity and use.
BTCxIndia
Zebpay #My Fevorite
LocalBitcoins
Coinsecure
Unocoin