• 9,450 USD
    Last trade price
  • +5.26%
    24 hour price
  • 12.820 BTC
    24 hour volume
  • 2,231,775
    active traders
  • Live Bitcoin price

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Primarily, cryptocurrencies rely on blockchain technology to complete a transaction via an intricate P2P network. Once a transfer request is entered into the network, it is validated by the network and added to a pool of other transactions to create a block of data for the ledger, which is then entered into the existing blockchain. Once the block is successfully added to the chain, the transaction is approved and completed.
Absolutely. Cryptocurrencies have become established investment commodities among major financial institutions and have even been adopted by countries such as Australia and Japan. As with any investment though, there are risks linked to market movements, high volatility and economics.

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