Bitcoin 101

15 Lessons
19th December 2019
Updated: 27th June 2020

What is Bitcoin?

Before getting involved in bitcoin it is important to understand it. This guide lays out the basics: what Bitcoin is and the different ways it can be used. Ultimately, we’re all here to learn, so don’t be afraid – get stuck in and we’ll help you. With this in mind, we have made a jargon-free summary and compiled a list of how to understand the technology, buy, trade and use bitcoin wisely.

Most of our readers want to know if they should acquire bitcoin using normal bank transfers, PayPal or credit card. It doesn’t really matter, it’s much more important that you use a reputable service.

Make better choices with Bitcoin.

Course overview

Bitcoin & the blockchain

What is blockchain technology?

What is Bitcoin?

How does Bitcoin work?

How bitcoin mining works

What is bitcoin mining?

What is bitcoin hardware mining?

What is bitcoin cloud mining?

How bitcoin wallets work

What is a bitcoin wallet?

What is a bitcoin hardware wallet?

What is a bitcoin desktop wallet?

What is a bitcoin mobile wallet?

What is an online Bitcoin wallet?

What is a bitcoin paper wallet?

Spending bitcoins

How to use and spend Bitcoin

What is a bitcoin debit card?
By Harry Atkins
Harry joined us in 2019 to lead our Editorial Team. Drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the finance sector encompasses work for high street and investment banks, insurance companies and trading platforms.
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