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1 USD = 6.80 TTD

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Frequently Asked Questions About Bitcoin

Bitcoin (BTC) is the world's first and largest cryptocurrency by market capitalization. Created in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin operates on a decentralized peer-to-peer network using blockchain technology. It enables secure, transparent transactions without the need for intermediaries like banks.

The price of Bitcoin is determined by supply and demand on cryptocurrency exchanges worldwide. Key factors that influence BTC price include market sentiment, regulatory developments, institutional adoption, macroeconomic trends, Bitcoin halving events, and overall trading volume across exchanges like Binance.

Yes! TTExchange.io provides a secure on-ramp for Trinidad and Tobago residents to purchase USDT, which can then be used to buy Bitcoin on major exchanges like Binance. We offer competitive rates and local support to make the process simple and accessible.

A Bitcoin halving is a scheduled event that occurs approximately every four years, reducing the reward miners receive for validating transactions by 50%. This mechanism controls Bitcoin's supply, making it increasingly scarce over time. Historically, halvings have been associated with significant price increases in the months and years that follow.

Bitcoin is considered a high-risk, high-reward investment. While it has shown significant long-term growth since its inception, it is also known for its price volatility. It's important to do thorough research, never invest more than you can afford to lose, and consider consulting a financial advisor before investing in any cryptocurrency.