FAQ
Crypto FAQ
Short, plain answers to the questions beginners ask most. Tap through for the full explainer.
Bitcoin basics
What is Bitcoin?
The first cryptocurrency: digital money that runs on a decentralized blockchain with no central issuer, capped at 21 million coins.
Learn more →What is BTC?
BTC is the ticker symbol for bitcoin, the currency unit. Its smallest unit is the satoshi (1 BTC = 100,000,000 satoshi).
Learn more →Why is Bitcoin called 'digital gold'?
Like gold it is scarce (a fixed 21M supply) and is widely held as a store of value rather than spent day to day.
Learn more →How many bitcoins are there?
The supply is capped at 21 million. New coins are released through mining and the rate halves about every four years.
Learn more →Getting started
How do I buy Bitcoin?
Open an account at a registered exchange, verify your identity (KYC), deposit funds, then buy BTC. Start with a small amount.
Learn more →How do I store Bitcoin safely?
For larger holdings, move BTC off the exchange into your own wallet — ideally a cold (offline) wallet — and protect your seed phrase.
Learn more →How it works
When is the next Bitcoin halving?
Halvings happen roughly every four years (every 210,000 blocks). The last was April 2024, so the next is expected around 2028.
Learn more →What is Bitcoin mining?
Miners spend computing power (Proof of Work) to confirm transactions and add blocks, earning newly issued BTC and fees.
Learn more →What if I lose access to my Bitcoin?
If you lose your private key or seed phrase there is no 'reset' — the BTC becomes unrecoverable. Back up your seed offline and never share it.
Learn more →