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Bitcoin,first cryptocurrency started in 2008 by Santoshi Nakamoto is currently one of the fatest  growing payment system. It works on peer-to-peer basis where there are not intermediate bank or authority to keep track on transaction. Transaction in system are verified by network nodes which are recorded in public distrubutor ledger referred to as block chain. Each ledger uses Bitcoin as own unit of account. Since bitcoin does not have a centralized repository or single adminitrator who keeps track on transaction there is need for a system which could help in regulation of new bitcoin and even keeping track on bitcoin transaction between the users.

Bitcoins are generated as a reward for payment transaction records where users are paid in bitcoin of keeping track of transaction made in bitcoin between different users of bitcoin.This is referred to as mining and miners are rewarded with transaction fee and newly created bitcoin by the system.

The main reason for the success of bitcoin is less then 2-3% of transaction fees compared to that of credit card.

Some Important facts related to bitcoin-

Securing your wallet - More info here

Bitcoin price is volatile

Bitcoin payments are irreversible

Bitcoin is not anonymous

Unconfirmed transactions aren't secure

Bitcoin is still experimental

Government taxes and regulations- More info here

Exchange List

Exchange Bitcoin to AdvCash-EUR	Exchange Bitcoin to PaySafeCard
Exchange Bitcoin to AdvCash-RUB	Exchange Bitcoin to Paysera-EUR
Exchange Bitcoin to AdvCash-USD	Exchange Bitcoin to Paysera-USD
Exchange Bitcoin to Alfa-click	Exchange Bitcoin to PayWeb
Exchange Bitcoin to Astropay-USD	Exchange Bitcoin to Payza-EUR
Exchange Bitcoin to Avangard	Exchange Bitcoin to Payza-USD
Exchange Bitcoin to Belarusbank	Exchange Bitcoin to Perfect-Money-EUR
Exchange Bitcoin to Bitcoin	Exchange Bitcoin to Perfect-Money-USD
Exchange Bitcoin to BTC-e-RUB	Exchange Bitcoin to Privat-24-EUR
Exchange Bitcoin to BTC-e-USD	Exchange Bitcoin to Privat-24-UAH
Exchange Bitcoin to C-Gold	Exchange Bitcoin to Privat-24-USD
Exchange Bitcoin to Cash-KZT	Exchange Bitcoin to Promsvyazbank
Exchange Bitcoin to Cash-RUB	Exchange Bitcoin to QIWI-RUB
Exchange Bitcoin to Cash-UAH	Exchange Bitcoin to QIWI-USD
Exchange Bitcoin to Cash-USD	Exchange Bitcoin to Raiffeisen
Exchange Bitcoin to Contact-RUB	Exchange Bitcoin to RIA-USD
Exchange Bitcoin to Contact-USD	Exchange Bitcoin to Russian-Standart
Exchange Bitcoin to Dash	Exchange Bitcoin to Sberbank-KZT
Exchange Bitcoin to Dogecoin	Exchange Bitcoin to Sberbank-RUB
Exchange Bitcoin to EasyPay	Exchange Bitcoin to Sberbank-USD
Exchange Bitcoin to Ecoin	Exchange Bitcoin to Skrill-EUR
Exchange Bitcoin to ePayments	Exchange Bitcoin to Skrill-USD
Exchange Bitcoin to Fasapay-USD	Exchange Bitcoin to Solid-Trust-Pay
Exchange Bitcoin to Fasapay-IDR	Exchange Bitcoin to Tinkoff
Exchange Bitcoin to Fortebank	Exchange Bitcoin to Trustpay-EUR
Exchange Bitcoin to Golden-Crown-RUB	Exchange Bitcoin to UnionPay
Exchange Bitcoin to Golden-Crown-USD	Exchange Bitcoin to Unistream
Exchange Bitcoin to HalykBank	Exchange Bitcoin to Visa_MasterCard-EUR
Exchange Bitcoin to Kaspi-Bank	Exchange Bitcoin to Visa_MasterCard-KZT
Exchange Bitcoin to Kazkombank	Exchange Bitcoin to Visa_MasterCard-RUB
Exchange Bitcoin to Kukuruza	Exchange Bitcoin to Visa_MasterCard-UAH
Exchange Bitcoin to Lavapay-EUR	Exchange Bitcoin to Visa_MasterCard-USD
Exchange Bitcoin to Lavapay-USD	Exchange Bitcoin to VTB24
Exchange Bitcoin to Liqpay-RUB	Exchange Bitcoin to W1-RUB
Exchange Bitcoin to Liqpay-UAH	Exchange Bitcoin to W1-UAH
Exchange Bitcoin to Liqpay-USD	Exchange Bitcoin to W1-USD
Exchange Bitcoin to Litecoin	Exchange Bitcoin to Web-Transfer
Exchange Bitcoin to MoneyGram-EUR	Exchange Bitcoin to WebMoney-WMB
Exchange Bitcoin to MoneyGram-USD	Exchange Bitcoin to WebMoney-WME
Exchange Bitcoin to Moneypolo-EUR	Exchange Bitcoin to WebMoney-WMG
Exchange Bitcoin to Moneypolo-USD	Exchange Bitcoin to WebMoney-WMR
Exchange Bitcoin to Neteller-EUR	Exchange Bitcoin to WebMoney-WMU
Exchange Bitcoin to Neteller-USD	Exchange Bitcoin to WebMoney-WMX
Exchange Bitcoin to Nixmoney	Exchange Bitcoin to WebMoney-WMY
Exchange Bitcoin to OKPay-EUR	Exchange Bitcoin to WebMoney-WMZ
Exchange Bitcoin to OKPay-RUB	Exchange Bitcoin to Western-Union-EUR
Exchange Bitcoin to OKPay-USD	Exchange Bitcoin to Western-Union-USD
Exchange Bitcoin to OOOPay-EUR	Exchange Bitcoin to Wire-EUR
Exchange Bitcoin to OOOPay-RUB	Exchange Bitcoin to Wire-GBP
Exchange Bitcoin to OpenBank	Exchange Bitcoin to Wire-KZT
Exchange Bitcoin to Paxum-EUR	Exchange Bitcoin to Wire-RUB
Exchange Bitcoin to Paxum-USD	Exchange Bitcoin to Wire-UAH
Exchange Bitcoin to Payeer	Exchange Bitcoin to Wire-USD
Exchange Bitcoin to Paypal-EUR	Exchange Bitcoin to Yandex-Money
Exchange Bitcoin to Paypal-RUB	Exchange Bitcoin to Z-Payment
Exchange Bitcoin to Paypal-USD