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What is BTC?

Bitcoin is the original cryptocurrency that launched in 2009. It has now become the most valuable cryptocurrency globally, with a current market cap value of over $1 trillion. It was created to be a form of digital cash and serve as an alternative to the traditional financial system.


Bitcoin relies on blockchain technology to secure its network and validate transactions. Blockchain is a distributed digital ledger of transactions that can’t be changed or deleted, not even by governments or financial institutions. This helps Bitcoin remain decentralized, secure, private, censorship-resistant, and accessible to anyone with an internet connection.

 

What is BTC used for?

 

Bitcoin can be used to make payments online or transfer money to friends and relatives located anywhere in the world – all you need is their wallet address. In addition, Bitcoin has built-in mechanisms to control its supply, so many view it as a hedge against inflation and use it as a long-term store of value.

 

How do I sell BTC?

 

It’s easy to sell Bitcoin in Australia by joining a trusted trading platform like Coinstash. Simply log in to your account and enter the amount of BTC you want to sell. Or, you can select the option to enter the equivalent amount of AUD. Then click Sell BTC. It’s as simple as that!

 

Learn how to buy Bitcoin.


Why should I trade Bitcoin with Coinstash?

 

Coinstash AU is one of the highest-rated crypto platforms in Australia. Since 2017, we’ve been a one-stop crypto solution for thousands of customers.

 

People love our great customer support, easy-to-use interface, industry-leading security, and other innovative features. We’re also an AUSTRAC registered exchange and have an AFSL license so that you can trade with confidence.

 

Ready to start trading Bitcoin (BTC)? Create your Coinstash account in minutes!

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