Using Bitcoin
Topic 11 · 10 cards
Using Bitcoin
Buy, receive, send, and hold bitcoin safely, and use Lightning in practice.
Card 131 · Explorer
What is the main difference between keeping bitcoin on an exchange and in your own wallet?
Card 132 · Explorer
What is the spread when buying bitcoin?
Card 133 · Explorer
What can be a cautious way to make your first Bitcoin purchase?
Card 134 · Explorer
What is a Bitcoin transaction ID, or TXID?
Card 135 · Explorer
What should you check particularly carefully before sending bitcoin to another person?
Card 136 · Navigator
You want to send a larger amount of bitcoin to a new address. What can be a useful precaution?
Card 137 · Explorer
Someone wants to send you bitcoin. Does your wallet need to be switched on or connected to the internet at that moment?
Card 138 · Navigator
What is the Lightning Network used for in Bitcoin?
Card 139 · Navigator
What advantage can Bitcoin offer for cross-border payments?
Card 140 · Navigator