Bitcoin Bitcoin Bitcoin is 比特币a decentralized digital currency that operates independently of governments, banks or other financial institutions. It uses cryptography for security and operates through a peer-to-peer network, allowing users to send and receive Bitcoin without the need for intermediaries such as banks or credit card companies. The most well-known cryptocurrency by market capitalization is Bitcoin Cash (BCH), which was created in 2017 as a fork of Bitcoin. BCH also has its own block chain that is separate from Bitcoin's and can be used to create new blocks for the blockchain. For more information about Bitcoin and how it works, please visit Binance.