Bitcoin (BTC) is the world's first cryptocurrency, conceptualized by an individual or group under the pseudonym Satoshi Nakamoto in 2008 and launched on January 3, 2009. Its core feature is decentralization, meaning it operates without reliance on any central authority like a central bank. Instead, it functions on a global peer-to-peer network. Bitcoin has a strictly limited total supply of 21 million coins, creating inherent scarcity. New bitcoins are generated through a process called "mining," where participants use computational power to solve complex mathematical problems, verifying transactions and securing the network in return for newly created bitcoins.

The price of Bitcoin has experienced significant volatility since its inception. It reached an all-time high of 19,850 in December 2017 and broke through the 10,000 threshold multiple times in 2020. The rate of new Bitcoin issuance is designed to halve approximately every four years, mimicking the extraction of a finite resource. It is estimated that all bitcoins will be mined by the year 2140.

Other crypto currencies that share Bitcoin's Proof-of-Work (PoW) consensus mechanism include Bitcoin Cash (BCH) and Litecoin (LTC).

Buying and selling Bitcoin can be done on the Matrixport website and app. Established in 2019, Matrixport is a globally leading, Asia-largest one-stop crypto financial services platform.