Bitcoin is a digital cryptocurrency with a decentralized, peer-to-peer network. It was created by Satoshi Nakamoto in 2009.
Bitcoin is not controlled by any bank or government and it is not subject to any country’s regulation. It uses cryptography to control the creation of new coins, verify transactions, and even protect the anonymity of users.
How to Buy Bitcoin in South Africa?
Bitcoin is a digital currency and an alternative to cash. It is decentralized, meaning that there’s no central bank and no government backing it.
The prices of Bitcoin fluctuate constantly, so it’s not a good idea to buy Bitcoin in South Africa if you are looking for stability. Instead, you should consider buying Bitcoin in other countries where the prices are more stable.
There aren’t many places where you can buy Bitcoin in South Africa. If you’re looking for a place to buy Bitcoins with cash, then head over to one of the few places Luno, Coinmama, CoinCorner, Bitit and Bitcoin ATMs around cities like Cape Town.