+0.91% Bitcoin (BTC) 92334 EUR
+0.78% Ethereum (ETH) 2120.39 EUR
-0.39% Litecoin (LTC) 72.77 EUR
+3.18% B-Cash (BCH) 425.61 EUR
-0.04% Ethereum (ETH) 0.0232199 BTC
-1.12% Litecoin (LTC) 0.00079689 BTC
+2.28% B-Cash (BCH) 0.00460964 BTC
+1.50% Bitcoin (BTC) 108961.1331 USDC
-0.58% USD Coin (USDC) 0.85 EUR
-0.50% Chainlink (LINK) 11.52 EUR
-1.41% Chainlink (LINK) 0.00012492 BTC
-0.55% Dogecoin (DOGE) 0.14 EUR
-1.28% Dogecoin (DOGE) 0.00000154 BTC
-1.29% Uniswap (UNI) 6.18 EUR
-2.05% Uniswap (UNI) 0.00006706 BTC
-2.36% Cardano (ADA) 0.49 EUR
-3.42% Cardano (ADA) 0.00000536 BTC
-0.25% Tron (TRX) 0.23 EUR
-0.77% Tron (TRX) 0.00000256 BTC
-0.49% Shiba Inu (SHIB) 0.0000101 EUR
-3.49% Zcash (ZEC) 35.63 EUR
0.00% Zcash (ZEC) 0.0004242 BTC
0.00% TradeFlow (TFLOW) 0.12216892 BUSD
-2.86% Arbitrum (ARB) 0.3047 USDC
-0.13% Chainlink (LINK) 13.3 USD
+0.06% Chainlink (LINK) 13.33645 USDC
-1.05% Uniswap (UNI) 7.156 USDC
-2.77% Ondo (ONDO) 0.65 EUR
-2.57% Ondo (ONDO) 0.76318 USDC
-3.85% Gala (GALA) 0.01 EUR
-3.46% Gala (GALA) 0.01366 USDC
+0.74% Wormhole Token (W) 0.05 EUR
+1.92% Wormhole Token (W) 0.0634 USDC
+0.06% Chiliz (CHZ) 0.03 EUR
+0.72% Chiliz (CHZ) 0.03612 USDC
-3.04% Sand (SAND) 0.21 EUR
-2.62% Sand (SAND) 0.2482 USDC
-2.65% Aave (AAVE) 222.57 EUR
-2.06% Aave (AAVE) 260.1 USDC
-8.75% Curve DAO (CRV) 0.45 EUR
-8.78% Curve DAO (CRV) 0.5234 USDC
-1.15% Immutable X (IMX) 0.35 EUR
-0.59% Immutable X (IMX) 0.4188 USDC
0.00% Skale (SKL) 0.07 USDC
-3.20% Beam (BEAM) 0 EUR
-1.68% Beam (BEAM) 0.00525 USDC
0.00% Axelar (AXL) 1.05 USDC
-5.12% Livepeer Token (LPT) 4.89 EUR
-4.79% Livepeer Token (LPT) 5.722 USDC
-2.91% Compound (COMP) 39.91 EUR
-2.30% Compound (COMP) 46.65 USDC
-1.36% Coti (COTI) 0.04 EUR
+0.59% Coti (COTI) 0.0507 USDC
0.00% Portal (PORTAL) 1.1 USDC
-2.45% Sushi (SUSHI) 0.51 EUR
-3.55% Sushi (SUSHI) 0.5885 USDC
-5.31% Pepe (PEPE) 0 EUR
-5.36% Pepe (PEPE) 0.00000952 USDC
-2.80% Optimism (OP) 0.46 EUR
0.00% Polygon (MATIC) 0.2 EUR
-1.45% Solana (SOL) 123.44 EUR
-2.12% Solana (SOL) 0.0013401 BTC
+0.01% Solana (SOL) 0.059551 ETH
-0.35% USD Coin (USDC) 0.73 GBP
0.00% USD Coin (USDC) 1 USDT
0.00% USD Coin (USDC) 145.58 JPY

Bitcoin (BTC)

What is Bitcoin?

 
Bitcoin, launched in 2009, was the first of a new kind of asset called cryptocurrency - it is a type of money that is completely virtual. What does that mean? It is a decentralized form of digital cash that eliminates the need for traditional intermediaries like banks and governments to make financial transactions. If there is no third party to make the transaction, how do we trade with bitcoin? We use a decentralized ledger system, known as a blockchain. Blockchain is a collection of blocks, in each block, there is a collection of transactions.

How does Bitcoin work?

 
Bitcoin is the world’s first completely open payment network which anyone with an internet connection can participate in. Bitcoin was designed to be used on the internet and doesn’t depend on banks or private companies to process transactions. Every single transaction is recorded on the blockchain.
  • Blockchain
Blockchain is a system of recording information in a way that makes it difficult or impossible to change or hack the system. Each block in the chain contains a number of transactions, and every time a new transaction occurs on the blockchain, a record of that transaction is added to every participant’s ledger.
  • Blocks
Blocks are files where data pertaining to the Bitcoin network is permanently recorded. Thus, a block is like a page of a ledger or record book. Each time a block is ‘completed’, it gives way to the next block in the blockchain. A block is thus a permanent store of records that, once written, cannot be altered or removed.
 

Is Bitcoin trading secure?

 
Data that makes up the signature can just be read and copied by any computer, so how do you prevent forgeries?
  • Public Key Cryptography
Public key infrastructure (PKI) is used to manage identity and security on internet communications. The core technology enabling PKI is public-key cryptography, an encryption mechanism that relies upon the usage of two related keys, a public key (pk) and a private key (“secret key”, sk). These two keys are used together to encrypt and decrypt a message. 
 
What one key does                   ->      The other will validate
The Public one encrypts           ->      The Private one decrypts
The Private signs digitally        ->      The Public one verifies the signature
The Private one authenticates  ->      The Public one verifies the authentication
 

Where to store my Bitcoins?

 
Each Bitcoin is a computer file stored in a digital wallet on a computer or smartphone. People can send Bitcoins to your digital wallet, and you can send Bitcoins to other people. 
A digital wallet (or e-wallet) is a software-based system that securely stores users' payment information and passwords for numerous payment methods and websites. Bitcoins can be stored in two kinds of digital wallets:
  1. Hot wallet: Digital currency is stored in the cloud on a trusted exchange or provider, and accessed through a computer browser, desktop, or smartphone app. Basically, a hot wallet is connected to the internet while a cold wallet is not. But you need a hot wallet to download bitcoins into a portable cold wallet.
  2. Cold wallet: An encrypted portable device much like a thumb drive that allows you to download and carry your bitcoins.
 

Benefits of paying with Bitcoin.

 
  • User Autonomy 
  • Discretion
  • Peer-to-Peer Focus
  • Elimination of Banking Fees

 

How to buy Bitcoin?

 
  1. Create an account
  2. Verify your identity
  3. Fund your account and start trading Bitcoin on X1
 

What to do after buying Bitcoin?

 
  • Store/Hold Bitcoin
You can hold on to your Bitcoin with the expectation of it increasing in value, you can also store your BTC safely on your account or in your crypto wallet.
  • Trade Bitcoin
You can trade Bitcoin for other cryptocurrencies.
  • Send Bitcoin
You can send it to anyone and anywhere with their Bitcoin address.