Bitcoin (BTC)

What is Bitcoin?

Bitcoin is the world's most recognized cryptocurrency and the pioneer of digital assets. Created in 2009 by an entity under the pseudonym Satoshi Nakamoto, it maintains its market leadership through decentralization and security. Its emergence sparked the development of numerous other cryptocurrencies and revolutionized digital payments.

Bitcoin differs from traditional currencies as it has no physical form and isn't controlled by any government or central authority. It operates exclusively in digital format, with all transactions verified and stored on the blockchain, ensuring transparency and censorship resistance. Its supply is capped at 21 million units, reinforcing its value as a scarce asset.

A key aspect of Bitcoin is its divisibility. You don't need to buy a whole BTC - the cryptocurrency can be divided into smaller units called 'satoshis'. One satoshi represents one hundred millionth of a bitcoin (0.00000001 BTC), making it accessible for everyday transactions.

What is the Bitcoin halving?

The Bitcoin halving is a scheduled event occurring approximately every four years that cuts the reward for miners validating transactions on the Bitcoin network by half. Essentially, miners earn 50% fewer bitcoins for each block they mine.

Why does it matter? The halving controls the issuance of new bitcoins, making the cryptocurrency increasingly scarce over time. With fewer BTC in circulation, economic theory suggests its value could rise if demand remains steady or increases.

Bitcoin Historical Milestones

Since Bitcoin's creation in 2009, there have been three halvings:

• 2012 → Reward dropped from 50 BTC to 25 BTC per block
• 2016 → Reduced from 25 BTC to 12.5 BTC
• 2020 → Decreased from 12.5 BTC to 6.25 BTC
• 2024 → From 6.25 BTC to 3.125 BTC

Halving Impact

How to buy Bitcoin?

Buying Bitcoin is quick and secure with Bitnovo. You can easily get BTC using different payment methods. Just visit our page to buy Bitcoin and choose the option that suits you best.

Available purchase methods

• Buy with credit/debit card: Use your Visa or Mastercard to get Bitcoin instantly. We also accept Apple Pay and Google Pay for quick, hassle-free transactions.
• Bank transfer: Make a SEPA or SEPA Instant transfer to securely buy Bitcoin directly from your bank account, with no lengthy procedures.
• Buy with cash: Get Bitnovo vouchers at over 40,000 physical locations and easily redeem them for Bitcoin through our purchase platform.

Benefits of buying Bitcoin with Bitnovo

• Quick and easy process: No complex registrations or lengthy verifications. Just choose your payment method and receive your BTC in minutes.
• Multiple payment options: Pay by card, transfer, or cash - whatever works best for you.
• Guaranteed security: Bitnovo is a trusted platform with years of experience in the European crypto sector, designed for users seeking safe and straightforward transactions.

How to buy Bitcoin with Bitnovo

If you prefer cash, Bitnovo offers a practical solution through crypto redeemable vouchers, available at thousands of points of sale.

Step by step guide:

Find a nearby store:

Use Bitnovo's search tool to locate partner stores in your area where you can purchase vouchers.

Purchase the voucher:

Visit your chosen store and buy a Bitnovo voucher for your desired amount, paying in cash.

Redeem your voucher for Bitcoin:

• Go to the Bitnovo Vouchers redemption page.
• Enter your voucher code and your Bitcoin wallet address.
• Confirm the transaction - you'll receive your Bitcoin in your wallet within minutes.