Bitcoin is the first, the biggest and the most popular virtual, digital cryptocurrency. It can be bought on crypto trading platforms, where registered users buy and sell cryptocurrencies using other crypto or fiat currencies. Lex Exchange offers the option of buying it directly in AUD.
All the transactions, as well as Bitcoin itself, are stored on the blockchain. It means when you make a payment, every machine that processes your transaction will get information about it.
Over 100,000 sellers accept Bitcoin online and offline. You can easily find online retailers that accept BTC and use a number of online maps to find offline stores at which BTC can be used.
Major market players such as Overstock, Expedia, Newegg, DishNetwork, and Microsoft also integrate their services with the evolving cryptocurrency.