The Bitcoin Blog

The nature of blockchain and cryptocurrencies is decentralised, permissionless, and borderless. This means that anyone can accept payments from anywhere in the world. Additionally, there is no need to incorporate in a regulated jurisdiction or set up bank accounts or merchant facilities. As the Bitcoin price rises and gets mainstream coverage, it has given rise […]

1. Creating Bitcoin.com.au Account To buy Bitcoin using Commonwealth Bank of Australia, the first step is to sign up for a free crypto exchange account on Bitcoin.com.au. Account Creation and Verification Download the Bitcoin.com.au app and sign up. You will need to provide personal information to open an account on Bitcoin.com.au, including: This information is […]

Key Points 📌 🤔 What is Bitcoin? The first and most well-known decentralised digital currency. 🛠️ How it Works: Decentralised and based on blockchain technology. 💰 Tokenomics: Limited supply and mining process. 📊 Why Choose Bitcoin? Store of value, popularity, and potential investment. ⚠️ Potential Risks and Criticisms: Volatility, scalability, and environmental concerns. 🚀 Getting […]

Key Points 📌 🤔 What is Ripple? The native cryptocurrency of the Ripple network. 🛠️ How it Works: Facilitates fast and low-cost cross-border transactions. 💰 Tokenomics: All tokens created at inception, with tokens released periodically into the market. 📊 Why Choose Ripple? Speed, cost-efficiency, and liquidity. ⚠️ Potential Risks and Criticisms: Legal and regulatory challenges. […]

Key Points 📌 🤔 What is Tether? A stablecoin tied to traditional assets. 🛠️ How it Works: Tokenisation of fiat currencies like USD. 💰 Tokenomics: 1:1 peg with the US Dollar and other currencies. 📊 Why Choose Tether? Quick transfers, low fees, and stability. ⚠️ Potential Risks and Criticisms: Regulatory scrutiny and questions about reserves. […]

Key Points 📌 Introduction 🌟 As a pioneer in the blockchain space, Ethereum has set the standard for smart contracts and decentralised applications (DApps). It’s not just about the past; Ethereum continues to evolve. Let’s dive in. What is Ethereum? 🌐 Ethereum is a public, open-source blockchain that enables the creation of smart contracts and […]

Key Points 📌 What is Solana? 🌟 Solana is a blockchain platform designed for high-performance applications, with an impressive capacity for fast transactions and low fees. Launched in March 2020, Solana has set itself apart through its unique technology and user-friendly ecosystem. How it Works 🛠️ Solana brings several innovative features to the table: Proof […]

So what’s the difference between a cryptocurrency like Bitcoin and fiat money? Especially when looking to buy crypto safely, it’s essential to understand these distinctions. Imagine a world where money could be a piece of artwork or a unique idea. It’s quite the contrast to the traditional money system we’re used to right? Origins and […]

We are excited to announce that you can now buy bitcoin with PayPal on bitcoin.com.au! This awesome feature will enable our users to seamlessly transfer funds between their PayPal account and our Bitcoin exchange, facilitating more convenient transactions. Seamless Integration for PayPal Users Onramp and Offramp Capabilities With this new payment option, users can directly […]