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What Bitcoin is

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Bitcoin is an open payment network; BTC is its digital asset. An exchange balance is not the same as controlling your keys.

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Confirmation

Nodes verify rules; miners assemble transactions into blocks. Sending and confirmation are separate stages.

Price

Supply and demand determine market price. Limited issuance does not guarantee profit.

Before sending

Check the address, network and fee. Back up keys securely; an exchange password is not a wallet key.

Short answers

Can a transfer be reversed?

A confirmed transfer generally cannot be undone by customer support. Check the recipient first.

Primary sources

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