FAQ

Frequently Asked Questions

What is Bitcoin?
Bitcoin is digital currency. You can use bitcoin to transfer/ receive funds anywhere across the world in a few minutes. You can also use Bitcoin as speculat...
Thu, 3 Apr, 2014 at 4:03 PM
What is Bitcoin mining?
In lay man’s terms, mining is a process of extracting minerals and ore from the ground. Bitcoin mining is so called because it resembles the mining of o...
Thu, 17 Apr, 2014 at 6:48 PM
What can I do with Bitcoin? What is the use of Bitcoin?
As you've noted, Bitcoin is a digital currency used to pay for a variety of goods and services. In many ways, it works the same as paper money with som...
Mon, 18 Aug, 2014 at 8:29 PM
Is Bitcoin legal in India? What will happen if the government will ban it or want to shut it down?
Bitcoin is legal in India and is currently unregulated. RBI’s stand is very clear that at the moment. They currently want to understand and learn about the ...
Wed, 8 Oct, 2014 at 3:04 PM
How can I earn money with Bitcoin?
You can run any business with bitcoin. You can trade bitcoin and make profits through speculative investments. You can also mine Bitcoin and use the same. ...
Sun, 24 Aug, 2014 at 2:53 AM