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Cryptocurrencies such as bitcoin run on a technology called blockchain essentially a huge online database of transactions. Bitcoin is a cryptocurrency a form of digital money which can be bought with other currencies traded for them and where retailers accept it used to buy goods and services. Bitcoin can be bought through online cryptocurrency exchanges.
Where can i buy bitcoin. It s estimated that at the current rate of creation it will be 2140 until the 21 millionth bitcoin is made. A maximum of 21m bitcoins can be created and as of june 2017 there were 16 366 275 in circulation.
Bitcoins are divisible into smaller units known as satoshis each satoshi is worth 0 00000001 bitcoin. The world s first cryptocurrency bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. The cryptocurrency markets have calmed down a bit since that record high but many bitcoin evangelists still claim bitcoin to be the currency of the future.
Bitcoin took the world by storm as it rocketed from obscurity to nearly 20 000 in value per coin in 2017. Their platforms are easy to use you can pay with gbp using everyday payment methods like your credit card or a bank transfer and transactions are generally processed quite quickly. These services make it as simple as possible to get your hands on some btc.
The easiest way to buy bitcoin in the uk is to use a trusted bitcoin broker. Regardless of the payment method your digital currency order will be processed as soon as possible. Each payment method may have different limits fees and availability which you can check on this page.
Bitcoin uk makes it easy to buy digital currencies by providing a number of different payment methods which are convenient to you.
