Bitcoin is also called BTC. This is a new form of cryptocurrency or digital currency that has a cryptographic key – which is computer networks-decentralized used by users and miners across the globe and isn’t controlled and handled by the government or single organization. It’s the first cryptocurrency that has obtained the public’s attention and is accepted by a mounting number of merchants.  Like other digital currencies, users are able to utilize cryptocurrency to purchase goods and services online and in some physical stores, which accept it as a type of payment. Cryptocurrency traders can trade BTC in Bitcoin exchanges.