Bitcoin FAQ
Bitcoin is a digital currency that runs on a public network with no company, bank, or government behind it. Rules are enforced by software that thousands of independent nodes run voluntarily. Changing those rules requires broad agreement across miners, node operators, and developers — which is why Bitcoin changes slowly and deliberately.
Every 210,000 blocks — roughly four years — the reward miners receive for adding a block is cut in half. The April 2024 halving reduced it from 6.25 to 3.125 BTC. The next is expected around 2028. Halvings matter because they are the mechanism that enforces Bitcoin's declining issuance rate.
The cap comes from the halving schedule. Each halving cuts issuance, and the sum of that shrinking series converges just under 21 million. It was a design choice, written into the software at launch, meant to make the supply predictable in a way that a central bank's is not. Roughly 19.9 million have been mined so far.
No — pseudonymous. Every transaction is permanently public, tied to an address rather than a name. Once an address is linked to an identity, through an exchange withdrawal or a public post, its entire history becomes traceable. Chain analysis firms do exactly this professionally.
Create an account and complete KYC verification, then fund it by card, bank transfer, P2P, or a crypto deposit. Most users buy a stablecoin such as USDT first, then trade it for BTC on the BTC/USDT spot market. From there you can hold it, withdraw it to your own wallet, or move it into other products.