WHAT IS BITCOIN?
Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.
Bitcoin uses peer-to- peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
WHAT IS A BLOCKHAIN?
A blockchain is a public ledger of all Bitcoin transactions that have ever been executed. It is constantly growing as ‘completed’ blocks are added to it with a new set of recordings. The blocks are added to the blockchain in a linear, chronological order. Each node (computer connected to the Bitcoin network using a client that performs the task of validating and relaying transactions) gets a copy of the blockchain, which gets downloaded automatically upon joining the Bitcoin network.
The blockchain has complete information about the addresses and their balances right from the genesis block to the most recently completed block.
WHO INVENTED BITCOIN?
A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.
Invest now in Bitcoin and become part of History that will revolutionize the financial system as we know it today!
BUY BITCOIN WITH US THROUGH
HOW TO BUY BITCOINS
Buying bitcoin done in five easy steps. Almost all online payment options
and centers including banks are now available for you to deposit.
See below and chat us if need us to walk you through.
SETUP A BITCOIN WALLET
You need somewhere to store the private keys that allow you to spend or exchange bitcoin. Security is vital, so check how your money is protected otherwise you could lose all of it. Otherwise, this is similar to opening an ordinary bank account. Get your wallet here https://bitcoin.org/en/
GET YOUR BITCOIN ADDRESS
Once you have signed up and accepted the user agreement you will get a bitcoin address, a unique identifier of 26-35 numbers and letters, beginning with the number 1 or 3, which is the destination for a bitcoin payment.
You can make your purchase here on this site. These are digital rather than physical coins. Input your bitcoin address, the amount of money you want to convert, how you plan to pay, and so on.
MAKE A PAYMENT
Once you have bitcoin in your account you can start making payments. You will need the bitcoin address of the recipient.
If you want to cash in your bitcoin, or bank a profit, selling is pretty straight forward. You can register to sell direct on this site
ABOUT THE COMPANY
Coinavalanche is a Bitcoin startup Global marketplace based in the Zimbabwe. Prior to launching this site the Founder has been trading bitcoins since 2013 and one of the few early Bitcoin adopters in the Zimbabwe and in Africa and has done over 5000 trades Worlwide. We believe that Bitcoin will destroy the existing financial institutions like an avalanche and usher in a new era of financial freedom without Borders and interference from banks and Governments.
NEWS | See all