Cryptocurrencies as Efficiency, not as a Marketplace Cryptocurrencies have become an established reality that solves problems beyond pure speculation. Much has changed in people's mentality...
Adoption
Other Tags
Adoption (44) ASICs (2) Asset-backed (6) Bitcoin (74) Bitcoin Fundamentals (10) BitPrime (4) Blockchain (43) Blockchain 3.0 (11) Candlestick (3) Cryptocurrency (91) DApps (4) DeFi (2) ETF (6) Ethereum (13) Exodus (2) Fiat Currency (5) Future of Money (32) Gold (2) Hardware Wallet (4) How To Guide (42) ICO (6) Launch (3) NEM (5) News (56) New Zealand (33) NFT (8) NZD (7) OTC (3) Paper Wallet (2) Partnership (2) Precious Metals (3) Regulation (37) Scams (13) Security (15) Smart Contract (7) Software Wallet (4) Staking (3) Support (7) Tax (6) Technical Analysis (14) Technology (31) Transaction (5) TRX (4) USDT (2) Wallets (12)
What Do People Do With NFTs After Buying Them? Digital Artist Chris Torres got lucky in 2021 by selling the crypto art that he created,...
Global Cryptocurrency Adoption There has been a wave gradually building for a very long time, and it's beginning to reach the shoreline as 2021 sets...
Blockchain Domains to Be the Next Big Thing on Platforms Such as Quik.com Disclaimer: The above references an opinion and is for informational purposes only....
5 Signs You Need to Switch to Another Crypto Exchange Due to the increasing popularity of cryptocurrencies, many traders and investors have learned about crypto...
How is Blockchain Technology Improving Digital Advertising? Today’s product marketing is data-driven, and marketers are relying more on big data to study consumer behaviour, marketing...
Mastercard Complements Cryptocurrency The Financial Behemoth Explores Digital Assets Why is Mastercard Including Cryptocurrency and Blockchain Technology in its Network? Mastercard's decision to introduce...
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...
The Future of Smart Cities and Blockchain Technology Looking back on our imaginative thoughts on what the world would be like by 2020, we might...
7 Ways Cryptocurrency Benefits eCommerce The past ten years have been the most interesting for the eCommerce sector. One of the technologies that have taken...
Need to know
We run a tight ship here at Bitprime. Before purchasing, all customers must:
Register a user account with us.
Verify your ID.
Login before purchasing.
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.
Trading Hours: 9am – midnight, 7 days.