$BTC Bitcoin (from English bit — "bit" and coin — "coin") is a peer-to-peer payment system that uses the same unit for transaction accounting. Cryptographic methods are used to ensure the functioning and protection of the system, while all information about transactions between addresses in the system is available in an open form. 1

Bitcoin was created in 2009 by an unknown person or group of people under the pseudonym Satoshi Nakamoto. This digital asset is based on a decentralized peer-to-peer network and blockchain technology, allowing users to send and receive payments securely and anonymously without intermediaries. 3

Bitcoins can be used to exchange for goods or services only with those sellers who agree to accept them. Exchange for traditional currencies occurs through online currency exchange services, other payment systems, exchange points, or directly between interested parties.