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Get to know Bitcoin Digital Currency & Digital Asset Exchanges

For those of you who often surf the internet and social media, you may have encountered or read the term bitcoin or blockchain.

Photo by Chris Briggs on Unsplash
 
Bitcoin is an electronic/digital money first created in 2009 by Satoshi Nakamoto using blockchain technology which allows the creation of a decentralized and cryptographically protected currency, so it does not require a central bank or single issuer as in fiat/paper currencies that we know today.

Although Bitcoin was designed by someone named Satoshi Nakamoto in an article called: "Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto"; until now has not been found the real Satoshi Nakamoto. Many individuals and programmers to hackers have tried to trace the true identity of Satoshi Nakamoto but so far have not received strong enough evidence about who and where the existence of first adopters of Bitcoin was.
 

Photo: Pexels
 
Bitcoin was created with a noble purpose, namely to facilitate online financial transactions from one user/sender to another user/recipient without the need for the mediation role of institutions or financial institutions that we know as banks.

Since the introduction of Bitcoin and blockchain technology for digital currencies in 2009, the general public, netizens, and digital currency observers have created other digital currencies such as Ethereum, Ripple, Dash, and Stellar, and up to the current rise. : NFT (Non-Fungible Token). Blockchain technology has developed very rapidly in the last decade, thus creating a digital currency market, where anyone can buy, sell, exchange, store, and lend their digital currency in a place called the Digital Asset Exchange / Cryptocurrency Exchange.

What about the existence of digital currency in our homeland, Indonesia? Although Bank Indonesia (BI) and the Financial Services Authority (OJK) still prohibit the use of digital currency/crypto as a means of payment in the country, these crypto-assets can already be traded on the Indonesian commodity futures exchange, under the supervision of the Commodity Futures Trading Supervisory Agency (BAPPEBTI). , through BAPPEBTI regulation No. 5 of 2019, on 8 February 2019.

In Indonesia, there are several exchanges to trade Bitcoin online. These places are often referred to as Exchange (exchange/buying and selling). The number of Crypto Exchange companies in Indonesia is quite large and offers a variety of features.
 

Photo: Unsplash
 
Now for those of you who want to try trading digital currencies, now in Indonesia, there are already several exchanges or places for buying and selling digital currencies that have received permission from BAPPEBTI, including:
1. Indodax
2. Upbit
3. Zipmex
4. Digital Exchange
5. Tokocrypto

Happy exchanging digital currency. Proficiat!

Notes:
This article is for educational purposes only and does not constitute financial advice. Digital currency exchange is a trade with a very high level of risk. Be careful in transactions. Any form of loss is not the responsibility of the author.

(Adapted from)
Wikipedia
Bitcoin - A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto
SR Digital

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