China vs Cryptocurrency: A Review of Chainalysis' Report on China’s Cryptocurrency Activity Amidst Government Crackdowns Here's the one we were all waiting for; the Chinese...
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Leading Formula 1, Formula 2, and Endurance veterans join ANTEFAME. Antefame is the first Global NFT Fantasy Motorsport League Saint Helier, Jersey: ANTEFAME recently announced...
New Zealand owned cryptocurrency retailer announced its support to Parliament's inquiry and offered to engage its experts on the matter New Zealand, Christchurch - 16...
What Does 2021 Hold for Bitcoin? It is fair to say that 2020 has been an unpredictable and unprecedented kind of year. Covid-19 came as...
Japanese Finacial Group SBI Acquires Crypto Trading Firm B2C2 SBI financial service has acquired B2C2, one of the largest crypto trading platforms. SBI Financial is...
Will Bitcoin’s Defense of Major Support Spark Price Bounce to USD9,600? Bitcoin has repeatedly defended the 200-day moving average support in the last week. This...
BitPrime Launches Best-in-Class Digital Asset OTC Trading Solution for Professional Traders with iRFQ Technology from OSL First-to-market offering in New Zealand creates efficiencies, reduces risks Christchurch,...
BitPrime Features in BBC World Service Marketplace Morning Report Aired 6th September 2019 https://soundcloud.com/hello-bitprime/bitprime-features-in-bbc-world-service-marketplace-morning-report Transcript Victoria Craig 0:00 Live from London. This is...
Startup Receives 60K Euro Grant for Blockchain Satellite Wallet Blockchain startup SpaceChain has won 60,000 Euros for their blockchain satellite project. The grant, which comes...
Banco Santander Issues $2M Bond On Ethereum Santander, a Spanish banking giant, announced that it has issued the first-ever end-to-end blockchain bond. The bond will...
Need to know
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Storing your coins with Wallets
A wallet is essentially a bank account for your cryptocurrency and the wallet address is like your account number. The sender of the cryptocurrency needs a wallet address so they have somewhere they can send it from their wallet, much like a bank transfer. This wallet is giving you access to the blockchain where you can view your balance, send and receive cryptocurrency.
For information please read our beginners guide to cryptocurrency wallets.
Pay with POLI. Its fast!
POLI is secure and fast. It links directly to your internet banking – login with your normal details and the rest is easy. No extra fees or surcharges. Watch this short video to see how it works.
About Bitcoin
Bitcoin (BTC) is a form of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Transactions are stored on a distributed, immutable, online, public ledger known as a blockchain. Bitcoin was the first truly decentralised cryptocurrency which was created by a programmer under the pseudonym Satoshi Nakamoto and was released in 2009. The system is peer-to-peer, verified by network nodes and recorded in a public distributed ledger called the blockchain. Bitcoin can be exchanged for other currencies, products, and services with over 100,000 merchants and vendors accepting bitcoin as payment. Bitcoin can also be held as an investment. There are only a fixed number of Bitcoin will ever be mined (21 million), it’s not controlled by any one government or central bank, and there’s no such thing as quantitative easing or fractional reserve banking. These qualities make Bitcoin excellent as a store of value and a long-term safe-haven asset, similar to gold.
A Bitcoin success story that went viral on social media is Kristoffer Koch from Norway. Koch invested around $27 in Bitcoin in 2009 and then forgot about it for four years. He remembered about his Bitcoin wallet in 2013, which had then grown in value to $886,000.
Buy Bitcoin
Due to the price of sending and sourcing BTC the minimum order is $500.00.
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