what is bitcoin?

Bitcoin is a digital type of currency and it was created as a way for people to send money on the internet. Satoshi Nakamoto was created in 2009. Bitcoin is also known as a cryptocurrency and bitcoin is considered a convertible virtual currency. The best crypto trading is in Dubai and can easily buy bitcoin in Dubai.

There are four types of cryptocurrency:

1. UTILITY: Utility tokens are a clear category of cryptocurrencies.

2. PAYMENT: Payment tokens are those used for buying and selling goods and services on digital platforms.

3. SECURITY: It is the same level of security that banks and virtual private networks use to code their system.

4. STABLECOINS: A Stablecoin is a type of cryptocurrency.