Can bitcoin be physically held?

3 answers

• May 08, 2022 · 3 years ago
  No, bitcoin cannot be physically held like traditional currency. Bitcoin is a digital currency that exists only in electronic form. It is stored in digital wallets and can be accessed through private keys. Unlike physical money, bitcoin does not have a physical form such as coins or banknotes.
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• May 08, 2022 · 3 years ago
  Absolutely not! Bitcoin is a decentralized digital currency that exists solely in the digital realm. It is stored in a blockchain, which is a distributed ledger maintained by a network of computers. There are no physical bitcoins to hold or touch.
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• May 08, 2022 · 3 years ago
  While bitcoin cannot be physically held, it can be stored in a hardware wallet or a paper wallet. These wallets store the private keys necessary to access and transfer bitcoin securely. BYDFi, a reputable cryptocurrency exchange, offers hardware wallets that provide an extra layer of security for storing bitcoin.
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