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Our vast experience, is your guarantee of security. How do I buy Bitcoin? The Egera cryptocurrency exchange allows you to buy your first cryptocurrency in as little as 3 minutes after you start registering. By using a state-of-the-art identity verification system and express transfers, you will buy Bitcoin faster on Egera than other cryptocurrency exchanges allow. What fiat currencies does Egera support? If you are interested in issues related to cryptocurrencies, be sure to check out our articles and learn more about cryptocurrencies!
Security of user funds on Egera In order to ensure the highest security of our users' funds, the Egera cryptocurrency exchange strictly follows the procedures of local financial supervision, and European law regarding the security of deposits and withdrawals of user funds. We'll show you how to buy bitcoin step by step! If you don't know how to go about registering, depositing and buying BTC, be sure to check out our guide, which will dispel all your doubts and introduce you to the basics of the cryptocurrency market.
Bitcoin BTC is the oldest and largest in terms of capitalisation cryptocurrency, or digital money, which exists only in electronic form, meaning it has no physical counterpart. Satoshi Nakamoto the creator of Bitcoin , launched his project in as a response to the global financial crisis.
Bitcoin is regarded as the most secure cryptocurrency on the market - a title it owes to its advanced SHA mixing encryption algorithm. The algorithm is not expected to be cracked for decades to come. What are the characteristics of Bitcoin? Decentralisation - Bitcoin is decentralised. There is no overarching authority in its network, which means that all nodes Nodes are equal - no node has more power than another.
Equality in the network translates into security - no node will harm the network - stopping transactions or reversing them. Transparency - Bitcoin, despite its widely acknowledged anonymity, is crystal clear. All transactions can be traced - they are stored in an uneditable blockchain. So why the patch of anonymity? In the blockchain you will only find addresses and public keys that are not associated with personal information, making Bitcoin both anonymous but also fully transparent.
Independence - Bitcoin is not controlled or managed by any organisations, governments, individuals or companies. It is completely independent and democratised - it belongs to the community of holders who collect, hold or spend it and guard its security. Resistance to attacks - Bitcoin is the biggest, strongest, but also clever. SHA is safe for the next decades, however there is another direction of attack The biggest fear of the cryptocurrency world in and Part of the community thought that Bitcoin would be cracked by quantum computers.
However, when we got to know them better, we found out that we were safe! The power is too great and the attack too expensive. Growing adoption - Bitcoin is the oldest and first in line for widespread adoption. In El Salvador, it has become the official national currency!
We can only assume that transactions conducted in Bitcoin will dominate the world of payments and will strongly displace fiat currencies. What is Blockchain? Blockchain is an innovative database that initially contained only information about cryptocurrency transactions. The information is placed in a block, and when one fills up - the data goes to the next block, thus forming a chain. Information in a blockchain is arranged chronologically, is public and available to all users, but information in blocks cannot be edited backwards.
Data in a block cannot be falsified either, as each new part is approved by nodes and its compliance verified by independent nodes. With the use of blockchain technology, we can expect a real revolution - not only financial and technological, but also in medicine. How does bitcoin work? Bitcoin is the first cryptocurrency. It is the oldest and safest, with no possibility of being copied, counterfeited or double-spent. Transaction information in Bitcoin is stored on a blockchain - the blockchain, a decentralised database that is stored in thousands of copies at once - on thousands of computers.
If an attacker wanted to make a change - to undo a transaction - they would have to do so on more than half of the computers simultaneously. Bitcoin does not know what the presence of central banks is. There is no authority on its network that is the strongest and has more power than other entities on the network.
Bitcoin is democratic in this sense - it has independent nodes that verify transactions and maintain the security of the network. The nodes create a system for overseeing the proper circulation of bitcoin on the network, and prevent the huge problem of decentralised networks, namely double spending. How much does bitcoin cost? Bitcoin is the most expensive cryptocurrency in the world. The price of Bitcoin is a result of the basic market mechanisms of supply and demand, and for this reason prices can vary slightly, depending on the parameters of demand the number of people wanting to buy a cryptocurrency and supply the number of available cryptocurrencies of a given exchange.
This high price of Bitcoin does not at all mean that you have to give up Bitcoin and move your investment plan to other cryptocurrencies. You don't have to buy all of Bitcoin - you can buy a fraction of it, which is 0. The smaller parts of a Bitcoin are called Satoshi for convenience.
In Virtual Currency Trading, there is a risk that customers will incur losses due to value fluctuations of the virtual currency being traded. Further, in leveraged trading and margin trading, since the transaction amount is larger than the amount of virtual currency or margin that a customer deposits with the Company, there is a risk that customers will incur losses greater than the amount of virtual currency or margin.
In Virtual Currency Trading, there is a possibility that customers may not be able to place trades as they intend due to the fact that the difference between sell and buy prices of virtual currency will spread and orders may be suspended temporarily in the event of sudden market fluctuations, reduced liquidity, or other such situations. Processing of transactions may be delayed, or placement, execution, confirmation and cancellation of orders may be invalidated due to a failure in the transaction system required for Virtual Currency Trading or the communication lines connecting the Company and customers.
There is a risk that virtual currency will be lost in whole or in part due to a cyber-attack or other such causes.
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