Created by a person or group of people hiding behind the pseudonym Satoshi Nakamoto in 2009, Bitcoin is the original and still most popular cryptocurrency in circulation. In addition to being used for speculation by traders and investors, bitcoin can be used for purchases from merchants that accept it as a payment method. In many cases, bitcoin can also be used as a funding method for trading accounts with stock CFD & forex brokers.
Compared to traditional payment methods, bitcoin is faster and has lower transaction fees, in particular for cross-border transactions. However, it is worth noting that the fee for making on-chain bitcoin transactions vary by the activity on the network. During times of high transaction volumes, bitcoin transaction fees are thus higher.