Binance is a leading global cryptocurrency exchange that provides a platform for buying, selling, and trading digital assets. Founded in 2017 by Changpeng Zhao,
# Bitcoin Overview Bitcoin (BTC) is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. It operates without a central authority or banks, using a peer-to-peer network to facilitate transactions.
# Key Features - *Decentralized*: Bitcoin is not controlled by any government or institution. - *Digital*: Bitcoin exists only in digital form, with no physical coins or bills. - *Limited supply*: The total supply of Bitcoin is capped at 21 million. - *Secure*: Bitcoin transactions are secured through cryptography and a decentralized network of nodes. - *Transparent*: All Bitcoin transactions are recorded on a public ledger called the blockchain.
# Uses - *Payments*: Bitcoin can be used to purchase goods and services from merchants who accept it. - *Investment*: Bitcoin is often seen as a store of value or a speculative investment. - *Remittances*: Bitcoin can be used to send money across borders without intermediaries.
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