Bitcoin is the world's first cryptocurrency built on blockchain technology.
Bitcoin (BTC) is the first and most successful cryptocurrency to achieve mainstream awareness. Launched in 2009 by the mysterious Satoshi Nakamoto, it is now the largest decentralized currency in the world.
Bitcoin operates as a medium of exchange and store of value, allowing anyone anywhere to transfer funds in a fast and cost-effective manner. Known as the world's first digital currency, Bitcoin has seen impressive price gains over the years and continues to be the biggest cryptocurrency based on market capitalization.
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Yes, anyone can buy a fraction of Bitcoin. The smallest unit of Bitcoin is known as a satoshi and is worth roughly $0.0002335 at the time of writing.
With Bitcoin becoming widely adopted around the world, there are endless options available when it comes to buying goods with Bitcoin, from flights to coffee to groceries. Better yet, with Oobit Pay, you can pay anyone or any business instantly with just a mobile number.
Bitcoin was first introduced in a whitepaper in October 2008 released by Satoshi Nakamoto. In January 2009, the genesis block was created and the Bitcoin network officially went live. The identity of Satoshi Nakamoto remains a mystery to this day.
The Bitcoin network typically takes 10 minutes to complete a transaction, however, when using Oobit all Bitcoin transactions are instant. With a focus on security, you’ll receive a notification that someone wants to send you BTC, which you will need to accept in order to receive the payment.