Understanding the world of Bitcoin can be challenging, with its unique terms, evolving technology, and fluctuating prices. Our knowledge base is here to make things easier and help you get started. What determines its value? How does the blockchain work? What is mining, and how do digital wallets function? We provide simple, clear explanations to these questions and more.
Since 2012, we’ve been helping people buy and sell Bitcoin, making us Sweden’s first in the space and one of the largest in the Nordics. Our success is built on the trust of our loyal customers and a dedicated team focused on improving our services.
Our knowledge bank is designed for anyone curious about Bitcoin currency and its ecosystem. Whether you’re new or looking to deepen your understanding, this resource offers valuable insights to guide you through this exciting space.
What is Bitcoin?
Bitcoin, or BTC, is a form of digital money that was created in 2009. Bitcoin differs from regular money because it only exists on the internet. No central bank or government controls Bitcoin; instead, it is managed by a network of computers that ensure all transactions are secure. We will now go through what Bitcoin is and how it works in a simple way.
Bitcoin wallet - How does it work?
A bitcoin wallet is needed to manage, buy, and sell bitcoin. It is a digital wallet that helps you keep your bitcoin safe. In this guide, we will go through what a bitcoin wallet is, how to get one, and what to consider when choosing a wallet.
Cryptocurrencies - how do they work?
Cryptocurrencies are digital or virtual currencies that use cryptography for security. Unlike traditional currencies, which are controlled by a central bank, most cryptocurrencies are decentralized and operate using a technology called blockchain. Bitcoin was the first cryptocurrency, launched in 2009, and has since inspired thousands of other digital currencies. Cryptocurrencies have become a global phenomenon, attracting investors and technology enthusiasts worldwide. But what exactly are cryptocurrencies, and how can you start investing in them? This guide provides an overview of cryptocurrencies and investments in them.
What is Bitcoin mining?
Bitcoin mining, also called digging, is a process for verifying transactions and adding them to the blockchain. It involves miners, who are individuals or entities that use powerful computers to solve complex mathematical problems. When a problem is solved, a new block is created and added to the blockchain, and the miner who solves the problem first is rewarded with bitcoin.
