BRIEF

INTRODUCTION TO
BITCOIN AND OTHER
CRYPTO CURRENCIES
NAME OF TEAM MEMBERS

SNEHA JAISWAL
NISHA SHARMA
PRAJAKTA JADHAV
 CRYPTO CURRENCY
 Internationalization of banks has witnessed growth in leaps and
bounds , however , with the change in technology ,credit cards ,E-
Payment banks and now there is emergence of virtual currency in the
market which is popularly known as CRYPTO CURRENCY.
 EXCHANGES:
i. UNOCOIN
ii. ZEBPAY
iii. COINSECURE
 BITCOIN
 BITCOIN is a virtual currency which can be exchanged
through online transaction.
 Introduced by SATOSHI NAKAMOTO in 2009.
 With goal to create nothing more than an electronic peer to
peer cash system.
 First Decentralized digital currency.
 Most costly.
ADVANTAGES DISADVANTAGES

 Ease of transfer  No regulatory authority

 Instability of prices
 Secured transaction
 Illegal use
 High return
 Lack of regulation
 No single authority
 Unbacked
 anonymity
HOW you can use BITCOINS ?
 HOW DO YOU CONVERT BITCOIN INTO CASH:
you can convert it by selling it on a crypto currency
exchange and moving the funds into your bank
account.
 BITCOIN BAN :countries like Bolivia , Iceland,
Bangladesh have completely BANNED the usage of
Bitcoin.
 LIMITED NUMBER OF BITCOIN : there’s a limit to
how many bitcoin can exist in market :21 million.
 RECENT BUYER: ELON MUSK’S company TESLA
purchased $1.5 billion of bitcoin in 2021
 OTHER CRYPTO CURRENCIES ARE:

RIPPLE BINANCE

LITECOIN ETHEREUM
THANK YOU