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Buy Bitcoin (BTC) Australia - Safe, Easy, Fast | CoinSpot
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} .not-tabs { margin: 0; } } @media (max-width: 1000px) { .not-tabs .nav { display: block; } .navbar-header { float: none; } .navbar-left,.navbar-right { float: none !important; } .navbar-toggle { display: block; margin-right: 0px; } .navbar-collapse { border-top: 1px solid transparent; box-shadow: inset 0 1px 0 rgba(255,255,255,0.1); } .navbar-fixed-top { top: 0; border-width: 0 0 1px; } .navbar-collapse.collapse { display: none!important; } .navbar-nav { float: none!important; margin-top: 7.5px; } .navbar-nav>li { float: none; } .navbar-nav>li>a { padding-top: 10px; padding-bottom: 10px; } .collapse.in{ display:block !important; } } .account-icon:before { top: 0 !important; font-size: 20px; } .account-arrow:before { top: -3px !important; font-size: 12px; } .open > .dropdown-menu { animation-name: slidenavAnimation; animation-duration:.3s; animation-iteration-count: 1; animation-timing-function: ease; animation-fill-mode: forwards; -webkit-animation-name: slidenavAnimation; -webkit-animation-duration:.3s; -webkit-animation-iteration-count: 1; -webkit-animation-timing-function: ease; -webkit-animation-fill-mode: forwards; -moz-animation-name: slidenavAnimation; -moz-animation-duration:.3s; -moz-animation-iteration-count: 1; -moz-animation-timing-function: ease; -moz-animation-fill-mode: forwards; } @keyframes slidenavAnimation { from { opacity: 0; } to { opacity: 1; } } @-webkit-keyframes slidenavAnimation { from { opacity: 0; } to { opacity: 1; } } </style> <div class='innercontainer'> <div class="navbar-header"> <button class="pull-right navbar-toggle sidenav-toggle collapsed navbar-menu-button" style='margin-top:12px' type="button"> <span class="sr-only">Toggle navigation</span> <span class="icon-bar" style='background-color:#fff'></span> <span class="icon-bar" style='background-color:#fff'></span> <span class="icon-bar icon-bar-small" style='background-color:#fff'></span> </button> <a class="pull-right btn-header login-btn userlogin" style="color:#FFE; margin-top:12px" href="/login">LOGIN</a> <a class="col-md-push-1 navbar-brand" style='padding-top: 19px;' href="/"><img src='/public/img/coinspot-logo.svg?v=416' alt='CoinSpot' style='margin-top:-5px;margin-right:5px;height:30px;width:30px'/> CoinSpot</a> </div> <nav class="navbar-collapse bs-navbar-collapse collapse" role="navigation" style="height: 1px;"> <ul class="nav navbar-nav navbar-right" style='margin-right:0px'> <li><a href='/' class='home-menu'>Home</a></li> <li><a href="/multicoinwallets" class='wallets-menu'>Wallets</a></li> <li><a href='/tradecoins' class='buysell-menu'>Buy/Sell</a></li> <li><a href='/swap' class='swap-menu'>Swap</a></li> <li><a href='/bundles' class='bundles-menu'>Bundles</a></li> <li><a href='/nft' class='nft-menu'>NFT</a></li> <li><a href='/otc' class='otc-menu'>OTC</a></li> <li><a href='/markets' class='markets-menu'>Markets</a></li> <li class="register-link"><a href='/register' class="btn-header hidden-xs">Register</a></li> <li><a href='/register' class="hidden-sm hidden-md hidden-lg">Register</a></li> <li class="home-login-link"><a href='/login' class="btn-header hidden-xs">Login</a></li> <li><a href='/login' class="hidden-sm hidden-md hidden-lg">Login</a></li> </ul> </nav> </div> <div class='sidenav-overlay sidenav-overlay-1'></div> <nav id='notificationnav' class='hidden not-tabs' role='navigation'> <div class="not-header">Notifications <a href="/my/messagecenter" class="pull-right">View All</a> </div> <div class="not-tabs-2"></div> </nav> <div class='sidenav-overlay sidenav-overlay-2'></div> <nav id='sidenav' class='hidden' role='navigation'> <div class='sidenav-header'> <img src='/public/img/logo-horz-ondark.png?v=416' alt='CoinSpot' style='height:35px' /> </div> <ul class="list-unstyled"> <li><a href="/"><i class="flaticon-home"></i>HOME</a></li> <li><a href="/multicoinwallets"><span><i class="flaticon-money"></i>WALLETS</span></a></li> <li><a href="/tradecoins"><i class="flaticon-buy"></i>BUY / SELL</a></li> <li><a href="/swap"><i class="flaticon-exchange"></i>SWAP</a></li> <li><a href="/bundles"><i class="flaticon-bills"></i>BUNDLES</a></li> <li><a href="/nft"><i class="flaticon-buy"></i>NFT</a></li> <li><a href="/otc"><i class="flaticon-scales"></i>OTC</a></li> <li><a href="/markets"><i class="flaticon-bar-chart"></i>MARKETS</a></li> </ul> <ul class="list-unstyled pb-50"> <li><a href="/register"><i class="flaticon-rocket"></i>REGISTER</a></li> <li><a href="/login"><i class="flaticon-log-out"></i>LOGIN</a></li> <li><a href="https://coinspot.zendesk.com/hc/en-us" target="_blank" class='chat'><i class="flaticon-speech-bubble-1"></i>SUPPORT</a></li> </ul> </nav> <script nonce="6714eb5669128c43ef9de7744ea6fd8d"> $('.sidenav-toggle, .sidenav-overlay-2').click(function (e) { $('#sidenav').toggleClass('hidden'); $('.sidenav-overlay-2').toggle(); $('body').toggleClass('vh-100'); e.stopPropagation(); }) $('#account-dropdown-menu').on('shown.bs.dropdown', function () { $('.nav-menu').width(550); //$('.dropdown-toggle.account-menu').width($('.navbar-nav>li>.dropdown-menu').width()-20); }) $('#account-dropdown-menu').on('hide.bs.dropdown', function () { $('.dropdown-toggle.account-menu').width(0); }) $(document).on('click', '.notification-toggle, .sidenav-overlay-1', function () { $('#notificationnav').toggleClass('hidden'); $('.sidenav-overlay-1').toggle(); $('body').toggleClass('vh-100'); getmessageslist_menu('not-tabs-2'); return false; }); $(document).on('click', '.dropdown-menu.not-menu a[data-toggle="tab"]', function (e) { e.stopPropagation() $(this).tab('show'); return false; }) $(document).on('click', '#notificationnav a[data-toggle="tab"]', function (e) { e.stopPropagation() $(this).tab('show'); return false; }) $(document).on('click', '.not-content-row a', function (e, y) { e.stopPropagation() return true; }) $(document).on('click', '.not-content-row', function (e, y) { var id = $(this).attr('data-id'); var tab = $(this).attr('data-tab'); markmessageasread_menu(id, tab); return false; }) $(document).on('click', '.not-close', function (e, y) { var id = $(this).attr('data-id'); var tab = $(this).attr('data-tab'); markmessageasclose_menu(id, tab); return false; }) function showalerts(count, important) { $('.notification-menu .notification-count').addClass('notification-read'); $('.notification-menu .notification-count').html(count); if (count > 0) $('.notification-menu .notification-count').removeClass('notification-read'); $('.notification-menu .notification-important').hide(); $('.notification-menu .notification-count').hide(); if (important) $('.notification-menu .notification-important').show(); else $('.notification-menu .notification-count').show(); if (count <= 0) $('.notification-menu .notification-count').hide(); } showalerts(('' || 0), '' == 'true'); function getmessages_menu() { $.get('/my/messagecenter/count', function (data) { // not availble on route if (typeof data == "string") return; if (data && data.ok && data.result) { showalerts(data.result.count, data.result.hasimportant) } setTimeout(getmessages_menu, 60000); }) } getmessages_menu(); var tabcounts = {}; function markmessageasread_menu(id, tab) { var alreadyread = !$('.not-content-row[data-id=' + id + ']').hasClass('not-unread'); $('.not-content-row[data-id=' + id + ']').removeClass('not-unread'); $('.not-content-row[data-id=' + id + ']').find('.not-text').removeClass('not-unread'); $('.not-content-row[data-id=' + id + ']').find('.not-text pre').toggleClass('not-text-trunc'); $('.not-content-row[data-id=' + id + ']').find('.not-link').toggleClass('hidden'); if (alreadyread) return; var unread = tabcounts[tab].ucount; if (unread > 0) tabcounts[tab].ucount = unread - 1; if (tabcounts[tab].ucount > 0) { var ucounttext = tabcounts[tab].ucount; if (ucounttext > 5) ucounttext = "5+"; $('li[data-tab="' + tab + '"] span').html(ucounttext); } else { $('li[data-tab="' + tab + '"] span').remove(); } $.post('/my/messagecenter/markread', { id: id }) } function markmessageasclose_menu(id, tab) { $('.not-content-row[data-id=' + id + ']').hide(300); if ($('.not-content-row.not-unread[data-id=' + id + ']').length) { var unread = tabcounts[tab].ucount; if (unread > 0) tabcounts[tab].ucount = unread - 1; if (tabcounts[tab].ucount > 0) { var ucounttext = tabcounts[tab].ucount; if (ucounttext > 5) ucounttext = "5+"; $('li[data-tab="' + tab + '"] span').html(ucounttext); } else { $('li[data-tab="' + tab + '"] span').remove(); } } $.post('/my/messagecenter/remove', { id: id }) } $('#notification-dropdown-menu').on('shown.bs.dropdown', function () { getmessageslist_menu('not-tabs-1'); }) function getmessageslist_menu(container) { $.get('/my/messagecenter/preview', function (data) { if (data && data.ok && data.result) { return showmessageslist_menu(data.result, container); } $('.' + container).html("Error retrieving notifications"); }) } function showmessageslist_menu(data, container) { var tabs = Object.keys(data); tabs.sort(function (a, b) { if (data[a].tab < data[b].tab) { return -1; } if (data[a].tab > data[b].tab) { return 1; } return 0; }); var tabsHtml = ``; $.each(tabs, function (i, item) { var count = ''; var plus = ''; tabcounts[item] = { rcount: data[item].rcount, ucount: data[item].ucount } if (data[item].hasmore) plus = '+'; if (data[item].msgs.length) count = `<span class='not-count'>${data[item].msgs.length}${plus}</span>`; if (i == 0) tabsHtml += `<li class="active" data-tab="${item}"><a data-toggle="tab" href="#tab_${i}_${container}">${item}${count}</a></li>`; else tabsHtml += `<li data-tab="${item}"><a data-toggle="tab" href="#tab_${i}_${container}">${item}${count}</a></li>`; }) var contentHtml = ''; $.each(tabs, function (i, item) { var items = data[item].msgs; var rowHtml = ''; $.each(items, function (x, row) { var link = ''; var important = ''; var unread = ''; if (row.hdomain) { var target = ''; if (row.newtab) target = ' target="_blank" '; link = `<div class="not-link hidden"><a ${target} href="https://${row.hdomain}${row.hpath}">${row.htext}</a></div>` } if (row.important) { important = '<img style="height:24px" src="/public/img/warning.svg" />'; } if (row.unread) { unread = 'not-unread'; } var closelink = `<a href='#' data-id='${row._id}' data-tab='${item}' class='not-close'><i class='flaticon flaticon-close'></i></a>`; rowHtml += ` <div class="not-content-row ${unread}" data-important="${row.important}" data-tab="${item}" data-id="${row._id}"> ${closelink} <h5>${important}${row.title}</h5> <div class="not-time">${row.activated}</div> <div class="not-text" data-id="${row._id}"><pre class="not-text-trunc">${row.body}</pre>${link}</div> </div>`; }) if (!rowHtml) rowHtml = '<div style="padding: 10px;" class="not-no-notifications">There are no unread notifications.</div>' if (i == 0) contentHtml += `<div id="tab_${i}_${container}" class="tab-pane in active">${rowHtml}</div>`; else contentHtml += `<div id="tab_${i}_${container}" class="tab-pane">${rowHtml}</div>`; }); $('.' + container).html(`<ul class="nav nav-pills">${tabsHtml}</ul><div class='tab-content'>${contentHtml}</div>`); } </script> </div> </header> <style> .container { padding-left: 20px; 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font-size: 14px; color: #75798A; } .blurb li { margin-bottom: 10px; } @media (min-width: 576px) { .learnmore { padding: 35px; } .heading-1 { font-size: 36px; } .card-calc .img-abs { position: absolute; top: 25px; right: -32px; bottom: 0; } } @media (min-width: 768px) { .container { padding-left: 5px; padding-right: 5px; } .text-lg { font-size: 18px; } .subnav { max-width: 350px; } .heading-icon { height: 45px; } } @media (min-width: 992px) { } </style> <section class='bg-blue pt-50 pb-80'> <div class='container'> <div class='grid'> <div class='col-lg-6 order-lg-2'> <div class='subnav d-flex justify-content-between ml-0 ml-lg-auto mt-lg-10'> <div class='subnav-item active' > <a href="/buy/btc">Buy</a> </div> <div class='subnav-item'> <a href="/sell/btc">Sell</a> </div> <div class='subnav-item'> <a href="/swap/btc">Swap</a> </div> <div class='subnav-item'> <a href="/stoploss/btc">Order</a> </div> <div class='subnav-item'> <a href="/chart/btc">Charts</a> </div> </div> </div> <div class='col-lg-6 order-lg-1'> <h1 class='heading-1 text-white mt-30 mt-lg-0'> <img class='heading-icon' src='/public/img/coinmd/bitcoin.png?v=416' style='margin-bottom: 5px'/> Buy Bitcoin <span class='cointicker'>(BTC)</span> </h1> </div> <div class='col-lg-8 order-lg-2 mt-30'> <div class='card-hero'> <div class='mb-5'> <div class='d-flex justify-content-between align-items-center'> <div class='d-flex align-items-center'> <span class='title'>$130,943.76</span> <span class='d-none d-xs-inline ml-10 percentchange change-down'> 6.52% <i class='flaticon-diagonal-arrow' style='font-size: 10px;'></i> </span> </div> <div class="dropdown staticchart-selector"> <a class="btn btn-default btn-sm dropdown-toggle" type="button" id="chart-toggle" data-toggle="dropdown" aria-haspopup="true" aria-expanded="false"> <span class='timeframe'>6 MONTHS</span> <span class="caret"></span> </a> <ul class="dropdown-menu dropdown-menu-right" aria-labelledby="chart-toggle"> <li><a href='#' data-value='1'>DAY</a></li> <li><a href='#' data-value='7'>WEEK</a></li> <li><a href='#' data-value='30'>MONTH</a></li> <li><a href='#' data-value='180'>6 MONTHS</a></li> <li><a href='#' data-value='365'>YEAR</a></li> <li><a href='#' data-value='10000'>ALL TIME</a></li> </ul> </div> </div> </div> <span class='d-xs-none percentchange change-down'> 6.52% <i class='flaticon-diagonal-arrow' style='font-size: 10px;'></i> </span> <div class='mt-20' id='staticchart' style='height: 280px'></div> </div> </div> <div class='col-lg-4 order-lg-2 mt-30'> <div class='card-calc mx-auto mr-lg-0 position-relative'> <div class='title mb-10'>Instant Buy</div> <div class='mb-20'>Check the Bitcoin price in Australian Dollar (AUD) in real time</div> <label>AUD amount</label> <input type='number' class='form-control audinput mb-5' placeholder="Enter AUD"> <label>BTC amount</label> <input type='number' class='form-control coininput mb-20' placeholder="Enter BTC"> <a href='/login' class='btn btn-primary w-100'>Sign in to buy BTC</a> </div> </div> </div> </div> </section> <section class='py-80'> <div class='container'> <div class='grid'> <div class='col-lg-7 order-lg-2 mb-50 mb-lg-0'> <h2 class='section-heading mb-20'>What is Bitcoin?</h2> <div class='blurb'><p>Created in 2009 by an individual or individuals under the alias of Satoshi Nakamoto, Bitcoin (BTC) is the original cryptocurrency. The anonymous Nakamoto stated it was created to allow online payments to be sent directly from one party to another, without the need for a financial institution or third party.</p> <p>Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.</p> <p>The total supply of BTC is capped at 21 million coins. The creator/creators embedded a restriction on how many coins can be mined, making it a scarce finite asset. This helps to control inflation and ensures a steady flow of liquidity and it is commonly referred to as ‘digital gold’.</p> <p>Bitcoin is still the largest cryptocurrency by market capitalisation and has paved the way for all other digital currencies that have come after it.</p> </div> </div> <div class='col-lg-5 order-lg-1 text-center v-lg-middle'> <div> <img src="/public/img/coinlg/bitcoin.png?v=416" alt="" height='200px'> </div> </div> </div> </div> </section> <section class='bg-paleblue py-80'> <div class='container'> <h2 class='section-heading text-center mb-30'>How do I <span class='gradient-text-1'>buy Bitcoin?</span></h2> <div class='grid blocks mx-auto text-center mt-50' style='max-width: 1000px'> <div class='col-12 col-md-4'> <img class='block-icon' src="/public/img/icons/user.svg?v=416"> <div class='block-heading mb-10 mt-20'>Sign up to CoinSpot</div> <div class='block-text'> Register for a CoinSpot account <a class='text-blue' href='/register'>here</a> & verify in minutes. </div> </div> <div class='col-12 col-md-4 mt-30 mt-md-0'> <img class='block-icon' src="/public/img/icons/coin.svg?v=416"> <div class='block-heading mb-10 mt-20'>Deposit & buy</div> <div class='block-text'> Deposit AUD into your account & enter the amount of AUD you want to trade for BTC and click "Buy". </div> </div> <div class='col-12 col-md-4 mt-30 mt-md-0'> <img class='block-icon' src="/public/img/icons/wallet.svg?v=416"> <div class='block-heading mb-10 mt-20'>That’s it!</div> <div class='block-text'> You now own some Bitcoin! You can click "Go to BTC Wallet" to see your Bitcoin. </div> </div> </div> </div> </section> <section class='py-80'> <div class='container'> <div class='learnmore'> <div style='max-width: 815px'> <h2 class='section-heading'><span class='gradient-text-1'>Learn more</span> about Bitcoin</h2> <h3 class='heading-text grey-900 mt-30 mb-20'>Why Should I Trade BTC with CoinSpot?</h3> <p class='text-default'> CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Bitcoin no matter what your trading experience is. Unlike other international and Australian Bitcoin exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike. </p> <p class="text-default"> CoinSpot provides layered security and advanced support systems so you can buy Bitcoin with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Bitcoin how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency. </p> <h3 class='heading-text grey-900 mt-30'>How do you store your Bitcoin?</h3> <p class='text-lg mt-20'>Storing on CoinSpot</p> <p class='text-default'> Due to CoinSpot’s flexible <a class='text-blue' href='/multicoinwallets'>Multicoin Wallet</a>, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Bitcoin for free. </p> <p class='text-lg mt-20'>Cold Storage</p> <p class='text-default'> If you are holding Bitcoin as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade. </p> </div> </div> </div> </section> <section class='py-80'> <div class='container'> <h2 class='section-heading text-center mb-30'>Frequently asked questions</h2> <div class='accordion'> <div class="panel-group" id="faq-accordion" role="tablist" aria-multiselectable="true"> <div class="panel"> <div class="panel-heading" role="tab" id="headingOne"> <h4 class="panel-title"> <div class='accordion-switch collapsed d-flex justify-content-between' role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqOne" aria-expanded="false" aria-controls="faqOne"> <div>Where is the best place to buy Bitcoin?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqOne" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingOne"> <div class="panel-body"> Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Bitcoin. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Bitcoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class. </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingTwo"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqTwo" aria-expanded="false" aria-controls="faqTwo"> <div>How is the price of Bitcoin determined?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqTwo" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingTwo"> <div class="panel-body"> Bitcoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Bitcoin is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Bitcoin exchange. </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingThree"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqThree" aria-expanded="false" aria-controls="faqThree"> <div>How much does Bitcoin cost to buy?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqThree" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingThree"> <div class="panel-body"> Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Bitcoin & other digital currencies with as little as $1! </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingFour"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqFour" aria-expanded="false" aria-controls="faqFour"> <div>Is it safe to buy Bitcoin?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqFour" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingFour"> <div class="panel-body"> Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of <a href='https://coinspot.zendesk.com/hc/en-us/articles/333757066344-Security-Recommendations' target='_blank'>security tips</a> that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Bitcoin safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Bitcoin portfolio <a href='/register'>here</a>. </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingFive"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqFive" aria-expanded="false" aria-controls="faqFive"> <div>Can you convert Bitcoin to cash?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqFive" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingFive"> <div class="panel-body"> Yes! With CoinSpot you can convert your Bitcoin to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits. </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingSix"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqSix" aria-expanded="false" aria-controls="faqSix"> <div>How did Bitcoin Begin?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqSix" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingSix"> <div class="panel-body"> The domain bitcoin.org was registered in August of 2008 and in October, Satoshi Nakamoto announced his work on an electronic cash system that requires no assistance from a third party. The first official Bitcoin block was mined in January 2009, known as the genesis block, it contains the text, "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." The first version of Bitcoin software was announced shortly after, with Bitcoin mining commencing in earnest the next day. </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingSeven"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqSeven" aria-expanded="false" aria-controls="faqSeven"> <div>Who invented Bitcoin?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqSeven" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingSeven"> <div class="panel-body"> Satoshi Nakamoto is famously associated with the release of Bitcoin, however no one knows for sure who invented the cryptocurrency. In the years since its release in 2009, many individuals have claimed to be the real-life person behind the pseudonym. To this day, the true identity behind Satoshi remains concealed. </div> </div> </div> <div class="panel"> <div class="panel-heading" role="tab" id="headingEight"> <h4 class="panel-title"> <div class="accordion-switch collapsed d-flex justify-content-between" role="button" data-toggle="collapse" data-parent="#faq-accordion" href="#faqEight" aria-expanded="false" aria-controls="faqEight"> <div>How does the Technology work?</div> <i class='flaticon-down-arrow'></i> </div> </h4> </div> <div id="faqEight" class="panel-collapse collapse" role="tabpanel" aria-labelledby="headingEight"> <div class="panel-body"> <p><strong>Blockchain</strong></p> <p>The blockchain operates and relies on a shared public ledger that stores all confirmed transactions. It allows Bitcoin to calculate your spendable balance, so new transactions can be verified. Cryptography enforces the integrity and chronological order of these blocks.</p> <p><strong>Transactions</strong></p> <p>The transfer of value between Bitcoin wallets is defined as the transaction of the blockchain. The private key or seed is the secret piece of data stored in Bitcoin wallets that can be used to sign transactions and provide proof they’ve come from the wallet of the owner. The signature also prevents transactions from being altered by anyone. All transactions are broadcast to the network and are generally confirmed within minutes through mining.</p> <p><strong>Processing</strong></p> <p>Processing or mining is used to confirm pending transactions. By including them in the blockchain, it can enforce chronological order and protect the neutrality of the network, allowing for different computers to agree on the system.</p> <p>In order to be confirmed, a transaction must be packed in a block that fits the strict cryptographic rules verified by the network. These rules help to prevent modification of previous blocks that would invalidate sequencing. Mining also prevents individuals from creating new blocks to the chain, like a competitive lottery. Groups or individuals can't control what’s included in a block chain or replace parts of it.</p> </div> </div> </div> </div> </div> </div> </section> <section class='join-section bg-paleblue py-80'> <div class='container'> <div class='grid'> <div class='col-lg-6 v-lg-middle text-center text-lg-left'> <h2 class='section-heading mb-30'><span class='gradient-text-1'>Join 2.5 million</span> other users<br> and start earning!</h2> <div class='d-none d-lg-block'> <form class='form-validate' role='form' action='/startregister' method='POST'> <input type='hidden' name='_csrf' value='c7kcUCvM-_SqZutRuZTlcWBPjXdzitKuxt3s'> <div class='input-group getstarted'> <input class='form-control' type='email' name='email' placeholder="Email address"> <span class='input-group-btn'> <button class='btn btn-primary' type='submit'>Get Started</button> </span> </div> </form> </div> <div class='d-lg-none'> <form class='form-validate' role='form' action='/startregister' method='POST'> <input type='hidden' 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$(this).text(); if (!days) return; var to = Date.now(); var from = to - 1000*60*60*24*days; chart.series[0].setVisible(false) chart.showLoading('Loading data...'); $.getJSON(`/charts/history_basic?symbol=${coinname}&from=${from}&to=${to}`, function (data) { if (!data || !data.length) return chart.showLoading('No Data...') chart.series[0].setData(data); chart.series[0].setVisible(); chart.hideLoading(); $('.staticchart-selector .timeframe').text(text); setPercentChange(data); }) }) }) </script> <script nonce='6714eb5669128c43ef9de7744ea6fd8d'> $('.buysell-menu').addClass('selected'); function resetVals() { $('.audinput, .coininput').val(''); } $('.audinput').on('keyup change', function() { var audamount = parseFloat($(this).val()) || 0; if (isNaN(audamount) || audamount < 0) return resetVals(); $.get('/buy/BTC/rate?audamount=' + audamount) .done(function(data) { if (!data) return; var displayRate = parseFloat(data.marketDisplayRate); var amount = Math.floor((audamount / displayRate) * 1e8) / 1e8 $('.coininput').val(amount) }) .fail(function() {}) }) $('.coininput').on('keyup change', function() { var amount = parseFloat($(this).val()) || 0; if (isNaN(amount) || amount < 0) return resetVals(); $.get('/buy/BTC/rate?coinamount=' + amount) .done(function(data) { if (!data) return; var displayRate = parseFloat(data.marketDisplayRate); var audamount = Math.floor((amount * displayRate) * 100) / 100 $('.audinput').val(audamount) }) .fail(function() {}) }) </script> <footer class='v2 py-50 ' role="contentinfo"> <div class='container'> <div class='grid'> <div class='d-none d-lg-block col-lg-2'> <div class='mt-20' style='white-space: nowrap'> <a class='footer-logo' href="/"><img src='/public/img/coinspot-logo.svg?v=416' alt='CoinSpot' />CoinSpot</a> </div> <div class='footer-adcca mt-20'> <a href='https://blockchainaustralia.org/member/member-profile-coinspot/' target='_blank' rel='nofollow'> <img src="/public/img/deca-partner.png?v=416" alt="DECA Partner" 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