| 1. Introduction |
| 1.1 Overview of BTC |
- BTC is the first decentralized cryptocurrency
- Born out of the Bitcoin whitepaper by Satoshi Nakamoto in 2008
- Fully decentralized and peer-to-peer network
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| 1.2 BTC Market |
| 1.2.1 BTC Price History |
- BTC price reached an all-time high of $64,804 in April 2021
- BTC price has experienced significant volatility over the years
- The current market capitalization is around $2 trillion USD
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| 1.2.2 BTC Trading Platforms |
| 1.2.2.1 Popular Exchanges |
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| 1.2.2.2 BTC Wallets |
| 1.2.2.2.1 Hardware Wallets |
- Samsung SDI Bitcoin II
- Coldcard
- KeepKey
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| 2. USDT to PHP Conversion |
| 2.1 Overview of USDT |
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| 2.2 Conversion Methods |
| 2.2.1 Online Exchanges |
- Phemex
- Huobi Global
- Bitfinex
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| 2.2.2 Peer-to-Peer Marketplaces |
| 2.2.2.1 Blockchain-based Platforms |
- LocalBitcoins
- Abra
- HodlHodl
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| 3. Security and Risks |
| 3.1 BTC Security Measures |
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| 3.2 Risks and Concerns |
| 3.2.1 Regulatory Risks |
- Changes in government regulations and policies
- Risk of illegal activities and scams
- Risk of price manipulation and volatility
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| 3.2.2 Technical Risks |
| 3.2.2.1 Hacking and Phishing |
- Cyberattacks and data breaches
- Risk of phishing scams and fraudulent websites
- Risk of malware and viruses
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1. Introduction
BTC, or Bitcoin, is the first decentralized cryptocurrency and a pioneer in the digital currency space. It was born out of the Bitcoin whitepaper by Satoshi Nakamoto in 2008 and has since become a widely recognized and accepted form of payment. BTC is fully decentralized and operates on a peer-to-peer network, meaning that there is no central authority controlling its transactions.
Over the years, BTC has experienced significant growth and volatility, with its market capitalization reaching an all-time high of $64,804 in April 2021. Despite this, the current market capitalization is still around $2 trillion USD, making it one of the largest and most liquid cryptocurrencies available.
1.2 BTC Market
BTC price history has been marked by significant volatility, with prices fluctuating
Common Questions
Q: What is Bitcoin (BTC) and how does it work?
A: Bitcoin (BTC) is a decentralized digital currency that allows for peer-to-peer transactions without the need for intermediaries. It operates on
Disclaimer:
1. This content is compiled from the internet and represents only the author's views, not the site's stance.
2. The information does not constitute investment advice; investors should make independent decisions and bear risks themselves.
