UKEX has now opened up the deposit and withdrawal business of BTC, We invite you to experience it!
What is BTC?
Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by Satoshi Nakamoto. It offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority illustrating a digital currency dictated by a Peer to Peer model.
Unlike traditional currencies, BTC doesn’t rely on an organization to issue its’ currency but instead relies on ‘miner’ to solve specific mathematical algorithm which generates BTC once every 10 minutes. BTC economy uses a distributed database formed by multiple nodes in a P2P network to confirm and record all transactional activities. Additionally, it uses cryptography design to ensure the security of the currency in circulation.
Issue date: January 3,2009
Total supply: 21 million
Initial price: around $13.36 USD
Record high: reached $5,808 USD per token in mid-October
Warm reminder: Digital asset transaction has certain risks. Please invest cautiously within the limits of your personal expenses. Do not follow the trend blindly.