a#CEXvsDEX101
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group using the name Satoshi Nakamoto. It operates on a decentralized, peer-to-peer network using blockchain technology to verify and record transactions. Unlike traditional currencies, Bitcoin is not controlled by any government or central bank. Its fixed supply of 21 million coins makes it deflationary by design. BTC is widely used as both a store of value and a medium of exchange, and it's often referred to as "digital gold." Bitcoin's price can be volatile, driven by market demand, investor sentiment, and global events.
