A startup guide - bitcoin exchange business !

“Your dream will never come true unless you start working towards it."

You may have a dream about starting a business, but if you don't make any efforts towards it, your dream will never come true.

" Bitcoin Exchange Business "

Before understanding the core business model, let us have a recap about what is bitcoin and the things related to it!

Bitcoin - The Future of Currency System

Bitcoin, the masterpiece of cryptocurrencies, invented in the year 2008, by satoshi Nakamoto. Then the peer-to-peer electronic payment system was implemented during the time of January 2009. The first supporter of bitcoin transaction was a computer scientist, whose name was Hal Finney, he received 10 bitcoins from Mr.Nakamato.

  • It is a virtual currency.
  • Decentralized (That is no inter-mediator to inquire about any Bitcoin transactions).
  • Generated through a completed process called Mining.
  • Become the root of cryptocurrency industry.
  • The traditional payment system was rolled out after its invention.
  • Less transaction fees.
  • Stored in a cloud storage called bitcoin wallet.
  • There is no limitation for holding bitcoins.
  • It lets the people transact within a second to any end of the world.
  • No banking process, or manual verification for transacting the bitcoin.
  • You're the authorized person for the bitcoin which you have.
  • You can use bitcoin as a payment option for any online shopping.

How bitcoin supports for online businesses?

Bitcoin, the masterpiece of cryptocurrencies, invented in the year 2008, by satoshi Nakamoto. Then the peer-to-peer electronic payment system was implemented during the time of January 2009. The first supporter of bitcoin transaction was a computer scientist, whose name was Hal Finney, he received 10 bitcoins from Mr.Nakamato.

  • It is a virtual currency.
  • Decentralized (That is no inter-mediator to inquire about any Bitcoin transactions).
  • Generated through a completed process called Mining.
  • Become the root of cryptocurrency industry.
  • The traditional payment system was rolled out after its invention.
  • Less transaction fees.
  • Stored in a cloud storage called bitcoin wallet.
  • There is no limitation for holding bitcoins.
  • It lets the people transact within a second to any end of the world.
  • No banking process, or manual verification for transacting the bitcoin.
  • You're the authorized person for the bitcoin which you have.
  • You can use bitcoin as a payment option for any online shopping.