Bitcoin is an electronic currency

Bitcoin is an electronic currency (CryptoCurrency) that is autonomous from traditional banking. The Bitcoin rate does not depend on the central bank, and no single authority governs the supply of CryptoCurrency.However, this kind of electronic money (Cryptocurrency exchange in Dubai ) is independent of conventional banking and came into circulation in 2009. Some of the top online traders say that Bitcoin is considered the best-known digital currency that relies on computer networks to solve complex mathematical problems, in order to verify and record the details of each transaction made.