The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Recently, in addition to gold, there seems to be another thing that is both popular and represents the status of the rich, that is the legendary Bitcoin. This virtual currency is in the limelight this year, and everyone is talking about it.

Initially, the exchange price of Bitcoin was still a few dozen US dollars, but in less than a year, it rushed to more than 600 US dollars, and even reached an astonishing 900 US dollars. Today, the price of Bitcoin is close to 15,000 US dollars, and it costs a lot to buy one. With such a growth rate, Bitcoin is really "the most powerful currency in the world" as the well-known domestic player Li Xiaolai said. Today, Yidiyuan will give you a brief introduction to the basic knowledge of Bitcoin, so that everyone can have a general understanding of this emerging virtual currency...

Bitcoin is a user-autonomous, globally used encrypted electronic currency. Its concept was proposed by Satoshi Nakamoto (pseudonym) in 2008. He took the concepts of openness, equality, consensus, and direct participation as the benchmark, combined with open source software and the working mode of block ciphers in cryptography, and developed an operating system for Bitcoin issuance, transactions, and account management on the platform of P2P peer-to-peer networks and distributed databases. Its total currency volume gradually increases at a predetermined rate, and the rate of increase gradually slows down, and finally reaches a limit of 21 million in 2140. (From Wikipedia)

The above paragraph is the introduction of Bitcoin on Wikipedia. You may still be confused after reading it. Don't be nervous. To summarize, Bitcoin has the following characteristics:

Bitcoin is decentralized: Because the entire Bitcoin network is P2P (peer-to-peer), it does not have a center. This makes Bitcoin fundamentally different from other currencies.

The total amount of Bitcoin is constant: The total amount of Bitcoin is only 21 million, which is hard-coded in the program.

Bitcoin can be divided: Although the total amount of Bitcoin is fixed, it can be divided, and there can be 0.00001 Bitcoin or even further.

Bitcoin transactions are very convenient: Bitcoin transactions are very convenient. You can receive or send Bitcoin very quickly from any corner of the world. It feels no different from using Alipay.

Bitcoin transaction fees are very low: each transaction only requires a fee of about 0.0001BTC, and these fees are used to encourage global Bitcoin P2P network nodes to maintain the Bitcoin network.