Bitcoin (BTC) is a revolutionary digital currency that has transformed the financial world. It operates without a central authority, allowing peer-to-peer transactions on a decentralized network. Introduced in 2009, Bitcoin has grown to become the most prominent and valuable cryptocurrency globally. Buying BTC on CoinTide is quick and easy. Simply create an account, verify your identity, deposit funds, and begin trading. Check out our guide on How to Buy Bitcoin (BTC).

Bitcoin (BTC) is a decentralized digital currency that uses blockchain technology to enable secure and transparent transactions. Unlike traditional currencies, Bitcoin is not governed by any central authority, which makes it immune to censorship and fraud. Transactions are verified by network nodes through cryptography and recorded on a public ledger called a blockchain, ensuring transparency and security.

The creator of Bitcoin (BTC) is known by the pseudonym Satoshi Nakamoto. In 2008, Nakamoto published a whitepaper outlining Bitcoin's concept as a peer-to-peer electronic cash system. The first Bitcoin software was released in 2009, and Nakamoto mined the first block, known as the genesis block, marking the start of the Bitcoin network.

The history of Bitcoin (BTC) began in 2009 with the mining of its first block. Initially, it was used mainly by a niche community of tech enthusiasts. Its first significant transaction occurred in 2010 when 10,000 BTC were used to purchase two pizzas. Over the years, Bitcoin has faced numerous challenges and milestones, including the infamous Mt. Gox hack in 2014 and its substantial price surge in 2017, solidifying its status as a major financial asset.

Bitcoin (BTC) operates on a blockchain, a decentralized digital ledger that records all transactions across a network of computers. Each block in the chain contains a list of transactions, and these blocks are linked chronologically. This technology ensures that transactions are secure, transparent, and immutable, making it a reliable system for digital transactions.

The tokenomics of Bitcoin (BTC) are designed to be deflationary. It has a fixed supply limit of 21 million coins, which creates scarcity and drives its value over time. Bitcoin’s issuance rate decreases approximately every four years in an event known as "halving," reducing the reward for mining new blocks and thus controlling the supply rate.

Bitcoin (BTC) has a maximum supply of 21 million coins, of which approximately 19.59 million are currently in circulation. This limited supply is a key feature that contributes to its value proposition. The circulating supply includes coins that are available for trading and transacting, while some coins are lost or held long-term.

Bitcoin (BTC) has fundamentally transformed the concept of money and financial transactions. As a decentralized currency, it offers a level of financial freedom and security that traditional systems cannot match. With its limited supply, robust blockchain technology, and growing acceptance, Bitcoin continues to be a major player in the global financial landscape. Whether you are an investor or a technology enthusiast, understanding Bitcoin is crucial in the modern digital era.