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Bitcoin — definition & meaning

The first and largest cryptocurrency, launched in 2009.

Bitcoin is the original cryptocurrency, a decentralised digital money recorded on a public blockchain with a capped total supply of 21 million coins.

It is the largest crypto by market value and often sets the tone for the wider market. Its price is highly volatile, so it is treated as a speculative, high-risk instrument.

The information on Trding.io is for general information only and is not investment advice. Trading involves a real risk of losing money, and most retail traders lose. Never trade money you cannot afford to lose.

Related terms

Cryptocurrency
A digital asset like Bitcoin, secured by cryptography on a blockchain.
Blockchain
A shared, tamper-resistant digital ledger behind cryptocurrencies.
Volatility
How much and how quickly a price moves over time.
Forex (FX)
The global market for trading one currency against another.
Currency pair
Two currencies quoted together, showing the price of one in the other.
Base currency
The first currency in a pair — the one being priced.

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