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What is Bitcoin? What is the cost of a bitcoin?

Every country in the world has its own name and value of currency. Wherever you go, you will get the name of the currency of that country, like the currency of India is Rupee and America's dollar (Dollar). Similarly, there is a currency in the internet which is virtual, which nowadays everyone wants to know, whose name is Bitcoin.

You must have heard about Bitcoin, Bitcoin is much more popular in today's time, it is an open payment network, where you can make international payments i.e. money, apart from this, there are many more benefits, so let's now Know what is Bitcoin, what are its benefits, how it works etc.

What is Bitcoin?

Bitcoin is a digital currency or virtual currency. Bitcoin is kept in a digital wallet, it is open source, anyone can use it. Virtual currency means that this money is there, we can use it everywhere. But we can neither touch nor see it or you can assume that these are the kind of points that we get which we can later convert according to the currency of our country.

Now you may be thinking that we can neither touch it nor see if it will always happen, here I would like to tell you that there is nothing like this, it is named a virtual currency, later you can call it You can make currency of your country by sending

How much does 1 bitcoin cost?

Now you know what bitcoin is but do you know what is the value of 1 bitcoin? You will be surprised to know that the price of 1 Bitcoin in India is around Rs. 24 lakhs+ but remember that the price of bitcoin keeps on increasing.

Where can you use Bitcoin?

You can use bitcoin to do online shopping (international).

You can use bitcoin to send money to anyone in the world or use it to retrieve.

You can use bitcoin to make payments

You can also use bitcoin to earn money

You can also buy and sell bitcoin.

About author

Vivek Yadav

Vivek Yadav is a resident of Delhi. He is a business coach and website developer and is preparing to build an Android application. He likes to write on subjects like technology, tips and tricks, and biography so that his knowledge can be increased further. He started writing for RLC India and thus has tried to spread his knowledge to the readers.

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