Bitcoin is a digital currency also known as crypto-currencies, designed to be sent via the internet. Bitcoins are produced by miners who can be any one from individuals to large corporations, by solving mathematical equations. There will only ever be 21 million bitcoins, currently there's around 14 million, however they become harder and harder to mine as time goes on.
The easiest way to use your bitcoins is by keeping them in your CoinCorner digital wallet, however you are free to send them to an external or offline wallet.
Make payments to friends, participating stores and online retailers anywhere in the world. Made even easier by our mobile bitcoin wallet.
Why bitcoin transactions work:
You can transfer bitcoin from person to person no matter where they are in the world, without the need for a middle man, all you need is an internet connection and a wallet address.
Without having to rely on banks or card companies, bitcoin fees are extremely low or non existant, this includes transfers, point of sale and overseas payments.
Bitcoin is a borderless currency, it has the same value in every jurisdiction as well as much easier overseas payment mechanism.
You can control bitcoins with your own bitcoin wallet or coincorners trusted third party service.