What is Bitcoin?

Bitcoin is a decentralized digital currency powered by blockchain technology. It operates on a peer-to-peer network, eliminating the need for intermediaries like banks. Bitcoin transactions are recorded in a public ledger, ensuring transparency and security.

Who is a Provider?

Providers are companies that offer services of the purchase and sale of Bitcoin. They are the ones that provide the Bitcoin wallet and the Bitcoin exchange.

What is a Network Support?

Network support means the types of Bitcoin networks that the provider supports. Bitcoin transactions can be onchain or routed theough layer 2 such as Lightning

What is a Lightning Network?

The Lightning Network is a second-layer payment protocol built on top of Bitcoin. It enables faster and cheaper transactions by creating a network of payment channels between users.

Bitcoin-Fiat

Bitcoin-Fiat means the price comparison of the provider's bitcoin price to their supported fiat currency.

Region

Region means the countries covered by the provider. Example: Nigeria, Kenya, Ghana, etc.

Bitcoin-Only

This tells if the company is Bitcoin-only or support other cryptocurrencies.

Last Updated

This is the date the provider's data was last updated.