Bitcoin (or BTC) is commonly categorized as a digital currency, digital asset, and cryptocurrency. It facilitates an alternative way to send money over the internet anywhere in the world. Using bitcoin, the transaction is “peer-to-peer” or the transaction is directly between the sender and the receiver. Without the middlemen such as banks or another payment gateway, the bitcoin transaction is faster and cheaper. Bitcoin is not tangible and completely virtual. To “own” bitcoin, you can convert your Thai baht (THB) to bitcoin (BTC) or vice-versa using the Bitkub platform.
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