Bitcoin (BTC) is the world’s number one cryptocurrency by market cap and described as an “innovative payment network and a new kind of money.” Bitcoin uses a peer-to-peer (p2p) network that does not involve any centralized bank or authority in terms of technical structure. All transactions are managed by the network collective as is the issuing of new bitcoins. Bitcoin was designed as an open-source technology and as far as we know, no one owns or controls Bitcoin. Its designs are public and anyone can take part in its development.
The Bitcoin price on YouHodler is aggregated from several different cryptocurrency exchanges in an attempt to provide the most accurate price possible. YouHodler combines Bitcoin price rates from Binance, Kraken, Huobi, OKEx, and others.
To monitor Bitcoin prices conveniently, we recommend downloading our app for iOS and Android compatible smartphones. This allows you to follow the latest Bitcoin price anytime, anywhere.
The Bitcoin price is constantly changing however our interest rates are stable as ever. Since 2019, our Bitcoin savings account has featured 4.8% APR + compounding interest. Now that’s stability you can trust.
There are many useful scenarios for a crypto-backed loan. Use it to hedge your portfolio in the event of a Bitcoin price drop or simply use the growing value of your Bitcoin price as collateral for instant cash. Either way, don’t sell your Bitcoin.
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