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Bitcoin For Beginners

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KYC Crypto

KYC Crypto: What It Is & Why You Should Avoid It (2024)

KYC crypto is an unfortunate carry over from the legacy financial world and puts your privacy and security at significant risk. It’s also not needed!
Exit Liquidity

What Is Exit Liquidity & Why Learning About It Will Save You Thousands (2024)

Learning what Exit Liquidity is will save you thousands. This is a critical lesson for all new crypto investors wanting to diversify their crypto portfolio

Hardware Wallets: What Are They & How Do They Work? (2024)

Keep your crypto safe and secure by upgrading to a Hardware Wallet, a digital vault to stop hackers and help you sleep comfortably at night

Calculators & Tools

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How Many Bitcoins Are There

How Many Bitcoins Are There & How The 21 Million Limit Is Enforced (2024)

How Many Bitcoins Are There? It’s a simple enough question, but it changes every few minutes, so get the latest figure with our handy live tool
Bitcoin Halving Dates

Bitcoin Halving Dates: When Is The Next BTC Halving & What Is It? (2024)

Find out all the historic and future Bitcoin Halving Dates as well as see a live countdown and learn why it’s a critical part of the Bitcoin network
Bitcoin Profit Calculator

Free Bitcoin Profit Calculator: Easily Find Out Your Profit (Or Loss) In 2024

Considering selling your bitcoin for some fiat gains? Use our free Bitcoin Profit Calculator to easily figure out your tax obligations and more
Satoshi To USD

Satoshi To USD Calculator & Converter (2024)

Convert Satoshi into dozens of other fiat currencies with our Satoshi Calculator tool. Also get conversion tables and recommended exchanges to buy
Bitcoin Calculator

Bitcoin Calculator: Easily Convert Bitcoin (BTC) To US Dollar (USD) & More!

Convert Bitcoin into dozens of other fiat currencies with our Bitcoin Calculator tool. Also get conversion tables and recommended exchanges to buy
Hash Rate Calculator

Hash Rate Calculator: Convert Hash to kH/s to MH/s to GH/s to TH/s to PH/s to EH/s to ZH/s (2024)

Use our handy Hash Rate Calculator tool to convert and compare different hashrates and get a true size of how powerful the Bitcoin network is

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Bitcoin FAQs

What Is Bitcoin (BTC)?

Bitcoin is online money that enables instant payments. Free for anyone, anywhere in the world to use at any time. It uses peer-to-peer technology (like torrents) and can be used without any permission from a government or central authority. It cannot be stopped or censored. Its rules cannot be changed, no matter how rich or powerful a country or person is.

What Is Blockchain?

A blockchain is a distributed database, also referred to as a distributed ledger, that’s shared between many nodes on a network. They are most commonly used in cryptocurrency networks, but they have been used for other things too. The data that’s stored in a blockchain is immutable, meaning that it can never be changed.

What Is A Bitcoin Wallet?

A Bitcoin wallet is simply software (sometimes paired with hardware) that:
– Manages your Private Keys which gives you access to spend your bitcoins
– Generates new Bitcoin Addresses so you can receive bitcoins
– Creates and broadcasts transactions to the network so you can spend your bitcoins

How Much Are Bitcoin Transaction Fees?

Bitcoin transaction costs only depend on how big in bytes your transaction is. The more inputs and outputs you have, the more expensive your bitcoin fee will be. A simple transaction usually costs around 200-2,000 sats or $0.06-$0.60 USD. You can also pay virtually zero transaction fees by using the Lightning Network.

Who Is Satoshi Nakamoto?

Satoshi Nakamoto is a pseudonym for the person or persons that invented Bitcoin and introduced it to the world back in 2008. They authored and released the first copy of the Bitcoin Whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System.