What is bitcoins

What is Bitcoins meaning ?

Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middle men – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about get-
ting rich by trading it. The price of bitcoin skyrocketed into the thousands in 2017.

Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value.

ABOUT US

Global Magnit

is a premium cryptocurrency mining and trading platform dedicated to offering the most remarkable experiences. With over a decade of experience in the financial and advisory sectors, we gained a great deal of knowledge and experience, and are ready to offer professional assistance to individuals in determining the right option for their financial investment endeavors. Our expertise spans from financial management and planning, and wealth and investment management, where we demonstrated a proven ability to take an innovative approach to yield the best possible results for investing. We bring our history of innovation and experience in the financial sector to global magnit to create a completely new model for the way in which our users interact with cryptocurrency. After years of research we’ve created this platform to offer profitable opportunities with an asset-backed mode of operation.

Advantages of Using Bitcoin

  • Greater Liquidity Relative to Other Cryptocurrencies.
  • Increasingly Wide Acceptance as a Payment Method.
  • International Transactions Easier Than Regular Currencies.
  • Generally Lower Transaction Fees.
  • Anonymity and Privacy Relative to Traditional Currencies.
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Transfers

People can send bitcoins to each other using mobile apps or their computers. It’s similar to sending cash digitally.

Mining

Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger. It is performed using very sophisticated computers that solve extremely complex computational math problems.

Owning Bitcoins

Bitcoins are stored in a “digital wallet,” which exists either in the cloud or on a user’s computer. The digital wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money.

Our Philosophy

We combine our personal engagement with you and our history in financial and wealth management to create a truly unique opportunity driven by profitability and low risk.

  • Professional Service
  • Unbeatable Support
  • Safe and Secure Experience
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