Learn Crypto with Bit.Fan Academy

From beginner to advanced — master exchanges, wallets and blockchain essentials

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Yes, Bitcoin is a cryptocurrency. But cryptocurrency is a broader category, and Bitcoin is only one part of it.

You cannot create Bitcoin at will. What you can do is mine new BTC under network rules, buy it, or build software around Bitcoin.

To convert bitcoin to litecoin, first set up an LTC wallet, confirm the exchange path, review fees, and test with a small amount before sending more.

To convert bitcoin to dogecoin, use a real swap or trading flow, verify the asset and network details, and start with a small test transaction.

Bitcoin smart contracts are rule-based spending conditions on BTC, not all-purpose on-chain apps like many beginners assume.

Bitcoin can suffer deep crashes without disappearing. The real test is network function, market access, liquidity, and shared consensus.

Bitcoin’s value comes from verifiable scarcity, transferability, network effects, and real user demand—not from hype alone.

To pay Bitcoin with a QR code, scan from your wallet’s send screen, verify the address, amount, and network, then send only after a full check.