In the wake of the Lehman brothers’ collapse in 2008, Bitcoin’s anonymous founder, Satoshi Nakamoto, released a whitepaper putting forth ideas to create an “electronic cash system that is peer-to-peer with no third party.” These ideas birthed Bitcoin — the first globally recognized cryptocurrency that enables you to trade without any intermediary.
Bitcoin is digital money that is powered by blockchain. Blockchain is essentially a giant, immutable ledger that shows you who owns how much Bitcoin, the same way commercial banks keep track of how much is in everyone’s account per time. But there, the similarities end. Here are some details:
The result is you can send and receive money to anyone on the globe within minutes. Over the past 12 years, Bitcoin’s value resides in its being an excellent digital store of value and a hedge against inflation.
YouHodler aggregates prices from top centralized exchanges to provide an accurate Bitcoin’s price and chart.
The easiest way to buy Bitcoin is to purchase it through a crypto bank like YouHodler.
The best way to earn interest on your Bitcoin is by depositing it in a YouHodler savings account.
You can take a loan in stablecoins by depositing your Bitcoin as collateral. YouHodler offers the best rates you can get anywhere.
Leverage market volatility to stack up your crypto bank by trading on YouHodler.