Get $20 in free Bitcoin when you sign up and buy $50+ in crypto before October 31, 2025. Terms apply.
Bitcoin is the most famous cryptocurrency, and probably always will be. It has the highest market capitalization, which is another way of saying that more people own or buy Bitcoin than any other cryptocurrency. It was also the first cryptocurrency to be created, and this happened in 2009.
So who created this “digital gold” that now is becoming a mainstream store of value? Strangely, the creators of Bitcoin, even to this day, remain anonymous.
The cryptocurrency was created by one person or perhaps a group of people who called themselves “Satoshi Nakamoto”. They have not been heard of since 2010, and it may be a mystery that is never solved.
Bitcoin (also known as BTC) was the first digital asset to be built on a blockchain, which means that every transaction that takes place using BTC is recorded on that blockchain. These transactions can be viewed by the public at any time. While we can’t know who is using the BTC to make these transactions, it is still a public ledger that is viewable by anyone.
Investors are drawn to Bitcoin for many reasons.
Bitcoin started its life just 13 years ago, but already there is an established culture and lore that keeps media outlets buzzing. Even in the early days, the idea of Bitcoin captivated people.
For example, the first Bitcoin purchase was for pizza. However, this has blown up into “Bitcoin Pizza Day” and is a really fun theme on the internet.
On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas, which was worth about $41 at the time.
Today, that Bitcoin would be worth over $500 million.
These days, you can buy a lot of stuff with Bitcoin. Besides pizza, you can use Bitcoin to buy things like travel, gift cards, games, art, and even space flights.
There are also many charities that accept Bitcoin donations.
Bitcoin is legal tender in El Salvador. On September 7, 2021, El Salvador became the first country to accept Bitcoin as legal tender, meaning that people can use it to pay taxes, debts, and goods and services.
The government also gave every citizen $30 worth of Bitcoin to encourage adoption. In other interesting Bitcoin news, Bitcoin has a finite supply of 21 million coins, but not all of them are in circulation. Some of them are totally lost. Sometimes this is due to forgotten passwords, lost wallets, or the death of the owners.
According to crypto data firm Chainalysis, around 20% of Bitcoin has been lost or is stuck in wallets that can’t be accessed.
Bitcoin is not only a currency, but also a network of computers that run the Bitcoin software and validate transactions. These computers are called nodes, and anyone can run one. There are tens of thousands of nodes distributed across the world, with the highest concentration in the United States, Germany, and France.
There will only ever be 21 million Bitcoin in circulation, but they have not all been “released” yet. At the time of writing, 19.6 million Bitcoin have been mined so far.
When 21 million Bitcoin have been mined, that’s the end of the road for new Bitcoin. It’s still a long way off yet and is predicted to happen in 2140.
Bitcoin is often used as a trading pair for other cryptocurrencies. Crypto enthusiasts use trading pairs to exchange one cryptocurrency for another, and they can do this without having to use normal money.
While it’s still rare to find retailers that accept Bitcoin as payment, with CoinJar Card you can use the Bitcoin in your CoinJar account (or any of the other 50+ cryptos we offer) to make purchases anywhere that Mastercard is accepted.
Buying Bitcoin is convenient with CoinJar. Simply create a free account, verify your identity, link your bank account or credit/debit card, and you're ready to buy.
The price of Bitcoin constantly fluctuates. To see the current value of $100 worth of Bitcoin, check our live price chart at the top of this page.
CoinJar makes buying Bitcoin straightforward. Sign up for an account, complete the quick verification process, deposit money via bank transfer, card, or other supported methods, and then buy Bitcoin.
Yes. CoinJar allows you to buy fractions of Bitcoin, so you can start with amounts that are small. This makes Bitcoin accessible to everyone, regardless of budget.
To buy Bitcoin on CoinJar, first create an account by signing up with your email and verifying your identity. Once your account is set up, you can deposit funds. Make an instant Bitcoin purchase using a debit card, credit card, or Apple Pay / Google Pay.
See fees here. Select Bitcoin (BTC), enter the amount, and confirm your purchase. You can buy Bitcoin instantly with supported payment methods, and your BTC will be added to your CoinJar wallet.
To start buying Bitcoin, sign up for a CoinJar account and complete the verification process. Deposit funds. Then, hit the trade button and choose Bitcoin. CoinJar makes it convenient to buy crypto with a user-friendly interface, allowing you to purchase Bitcoin instantly and store it securely in your wallet.
CoinJar prioritises security for your Bitcoin and other crypto assets. After you buy Bitcoin, it’s stored in a secure CoinJar wallet. The platform uses advanced encryption and cold storage to protect your BTC from unauthorised access. Always enable two-factor authentication (2FA) on your account for added security.
Yes, after you buy Bitcoin on CoinJar, you can transfer your BTC to another wallet or exchange. Simply navigate to the "Send" option in your CoinJar account, enter the recipient’s wallet address, and confirm the transaction. Ensure the address is correct to avoid losing your crypto.
While Bitcoin ATMs are an option for purchasing BTC, CoinJar offers a more convenient way to buy cryptocurrency. You can buy Bitcoin directly from your account using a credit card, or bank transfer, without needing to locate a Bitcoin ATM. This makes CoinJar ideal for quick and secure transactions.
Once you buy Bitcoin on CoinJar, you can hold it in your wallet as a long-term asset, trade it for other cryptocurrencies, or swap it for fiat currency. You can also transfer your BTC to external wallets or use it for transactions where Bitcoin is accepted.
When you buy Bitcoin on CoinJar, the transaction is typically instant, especially with credit card payments. The BTC appears in your wallet almost immediately, ready for trading, holding, or transferring. Blockchain confirmation times may affect external transfers.
CoinJar is a trusted platform to buy cryptocurrency like Bitcoin. With options to buy BTC using a credit card, or bank transfer, a secure wallet, and a user-friendly interface, CoinJar makes buying Bitcoin accessible for all.
Yes. Many platforms, including CoinJar, let you purchase BTC instantly with a debit card. Just link your card, choose how much you want to buy, and your crypto will usually be available right away.
The value of this digital asset changes constantly based on supply, demand, and market activity across global exchanges. Prices are usually shown in your local currency.
When you send or receive this cryptocurrency, the transaction is verified and recorded on a public ledger called the blockchain. Each transfer is confirmed by the network to make sure it’s valid.
No. Unlike traditional currencies issued by a central bank, BTC is decentralised, no single authority controls it. The network is maintained by thousands of participants worldwide.
Your private key is a unique code that gives you access to your crypto. Think of it as the password to your funds. If you lose it, you lose access to your coins.
This is the global system of computers that keeps the digital currency running. The network verifies transactions, maintains security, and ensures the blockchain stays accurate.
Like all investments, crypto carries risk. Prices can be volatile, so it’s important to do your research and only invest what you can afford to lose.
These are online platforms where you can buy, sell, and trade BTC and other coins. Some also offer wallets and payment features.
Yes. Many exchanges allow you to deposit funds from your bank account directly, often with lower fees than card payments.
Some exchanges accept credit cards, but keep in mind that your bank may treat the purchase as a cash advance and charge higher interest rates.
BTC is the ticker symbol used to represent Bitcoin on exchanges.
Blockchain is the underlying system that records every crypto transaction. It’s secure, transparent, and impossible to alter once information is recorded.
The price can rise or fall quickly due to news events, investor sentiment, and changes in supply and demand. This volatility is part of what attracts traders.
A block reward is the amount of BTC miners earn for processing and verifying a block of transactions on the network.
You can use this cryptocurrency to pay for goods and services with any merchant that accepts it, either online or in person.
This is the very first block ever created on the blockchain. It marked the start of the BTC network.
Not always. While a bank account makes it easier to deposit and withdraw funds, you can also buy on platforms other than CoinJar using cash, prepaid cards, or peer-to-peer platforms.
It first went live in January 2009, created by an individual or group using the name Satoshi Nakamoto.
The true identity of its creator is still unknown. All we know is that Satoshi Nakamoto developed the technology and released it to the public in 2009.
Your information is handled in accordance with CoinJar’s Privacy Policy.
Copyright © 2025 CoinJar, Inc. All rights reserved.
CoinJar, Inc. is a registered Money Services Business with FinCEN and licensed as a money transmitter, NMLS #2492913. For a list of states in which CoinJar, Inc. is licensed or authorized to operate, please visit here. In certain other states, money transmission services are provided by Cross River Bank, Member FDIC.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.