How does bitcoin exchange works?
What is Crypto currency? Crypto currency is a digital exchange medium like normal currencies and can be simply said as digital money. It is designed for the purpose of exchanging digital information through a process associated with internet that uses certain rules of cryptography, which isprocess used to secure the information of purchases, transactions of a user by converting the information into unbreakable code and to control the creation of new coins. The first cryptocurrency created was bitcoin in the year 2009. They are created by Satoshi Nakamoto. These bitcoins are the most commonly traded cryptocurrency in the present world. Bitcoin is digital money uses decentralised technology for secure payments and storing money, which is information free. There are also various other cryptocurrencies commonly known as Altcoins.
To create bitcoins users connected to network must generate blocks, each block is created cryptographically by using computer power and then adding to blockchain, while user solve on each problem he earns each bitcoin. The limit of earning bitcoins is built into the system of user and the value created can never be diluted. It has many uses which include payments, transferring money, investing cash, funding all these can be done without any fee. Some will simply invest bitcoins and earn massive gains after years. It is used in online and offline business and is safe and secure. A legit company named coinbase is a marketing system which offers free training program that will educate everything about bitcoin marketing and multiple income streams. It teaches how to sell, buy and store a bitcoinw with certain few coinbase fees.