Mine Digital, Australia’s newest crypto exchange, provides a technical yet accessible explanation of Bitcoin which is the currency that has pioneered a new asset class.
Bitcoin
The Top 5 Digital Assets available to investors
The simplest definition of Bitcoin is that it is digital currency. Although digital currencies have existed in the past as fiat or centralised currencies, being controlled by a central authority, the Bitcoin protocol has created its own authority as a de-centralised currency.
Advisers: what do they say when a client asks for Bitcoin in their portfolio?
Australia’s newest crypto exchange and broker wants to help advisers manage the ‘Bitcoin question’.
Crypto exchange opens offering insured custody for traders and investors
Australia’s latest crypto exchange and broker launched at Barangaroo today. Mine Digital CEO, Grant Colthup, believes Mine Digital will set a new standard in the Australian cryptocurrency market.
Can an SMSF invest in bitcoins?
Investing in bitcoins may not be a prudent SMSF investment, especially for those approaching retirement age, where stable income-generating assets and minimal risk of significant capital loss are important. But there may be a role for bitcoin as part of an otherwise appropriate strategy.