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What is Bitcoin?

Bitcoin is a cryptocurrency that is also a form of electronic cash. It is a decentralized digital currency that can be sent as a peer-to-peer Bitcoin network without any central bank or any single administrator.

It does not need any intermediaries as well. To make it a little easier, it is a type of money with a value but is virtual. The currency has no physical appearance, and hence, users can only make a trade of Bitcoins online.

Many physical stores have also accepted Bitcoin as payment, but there are many countries where Bitcoin is banned.

How much does Bitcoin cost?

As we have learned now, Bitcoin is a cryptocurrency that can be used as cash to trade. If we talk about how much does the Bitcoin currency cost, it is something costly.

Even though it varies every day according to the new price, you can assume that one Bitcoin will cost you around more than $30,000. Yes, it is, but it is also worth investing in.

If you earn some Points for Bitcoins, you will make good profits when you sell them. Since the prices keep on rising, you can easily make some good profits out of it.

How does Bitcoin work?

Bitcoin is a digital version of money. And it is valid in many countries too. In those countries, the local citizens can even trade in it.

Also, as the cost of Bitcoin is too high, yet you have a single Bitcoin, you can trade it and redeem it for a lot of money. That’s how Bitcoins work.

Most people use it and keep it for long-term investments plan. E.g., If you want to save money for the future which can be used, you can easily do it by keeping it. By redeeming the Bitcoin at the right time, you will have an opportunity to earn a good amount of money.

How to use Bitcoin?

Bitcoins are the future of our world for sure. But again, at the same time, they are very complicated to understand.

Most people don’t even understand how to use it, so they do not prefer trading in Bitcoin.

However, it is not necessary to quit the idea of buying Bitcoins as it has considerable scope, and the money you have invested now will give you a pretty good amount of returns. For this purpose, it is essential to start at least trading in Bitcoins.

How to get free Bitcoins?

If you are worried about the money you will have to buy the Bitcoin, don’t worry.

There is no limit to earning Points on PayPrizes because our website offers many games and some micro-tasks to you, and these tasks can make you reach the amount you need.

All you have to do is spend 20 minutes a day on our site, and you will start earning Points. Once you earn enough Points, you can redeem them in exchange for Bitcoins.

Available Bitcoins Amount

$25 Bitcoins
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$50 Bitcoins
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$100 Bitcoins
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