$BTC
Here are detailed information about BTC (Bitcoin) on Binance:
1. What is BTC (Bitcoin)
Bitcoin (BTC) is the first and most well-known cryptocurrency in the world. It operates on a decentralized network based on blockchain, allowing peer-to-peer transfers without the need for intermediaries. Bitcoin is often used as a store of value and a means of digital exchange.
2. Trading and Converting BTC on Binance
On Binance, you can trade BTC directly on the Spot market, buying or selling at the current market price. Additionally, Binance offers the Binance Convert tool, which allows you to convert BTC to other cryptocurrencies in a simple and intuitive way, without the need to deal with order books or advanced trading strategies.
3. Important Events: Bitcoin Halving
The Bitcoin Halving is an event that occurs approximately every four years, halving the reward for miners. This event is crucial for controlling the supply of BTC and can impact the market and the mining of the currency.