Well, if you reached our website you probably have a general idea by now. Bitcoin is the world’s first and most popular cryptocurrency. It is decentralised digital currency, which means it works without any central authority, government or technical entity controlling it. Bitcoins were and still created by a process called mining, and the person or group that released it in 2009 set a cap of the number of Bitcoins that will ever be created. All Bitcoin transactions are done peer-to-peer - directly between users. They are verified by network nodes and recorded in a public ledger, known as blockchain. The price of the Bitcoin VS other cryptocurrencies and traditional currencies is determined by offer and demand in hundreds of exchanges that facilitate trading.