What Is Bitcoin and How Does Bitcoin Work?

Bitcoin is a form of virtual currency that uses blockchain technology to handle transactions that take place between users on a decentralized network. The transactions are placed on the open-sourced Bitcoin blockchain and are recorded in the form of a public ledger. Every transaction is stored in a unique block which gets attached to the main blockchain to form the series of transactions. In turn, blockchain technology makes the transaction secure, transparent, and secured, without involving any kind of intermediaries such as the government or banks.

There are different ways of Making money with Bitcoin

  • Bitcoin Mining
  • Bitcoin Lending
  • Bitcoin Holding
  • Bitcoin Trading
  • Claiming Airdrops

These are some of the ways in which you can earn substantial income.

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