How to buy Bitcoin in Pakistan – how to buy cryptocurrency in pakistan 2021
This is era of digital technology. Everyone wants to invest in crypto currency. Many people don’t know about the ups and downs of crypto currency rates. Investing in crypto currency is full of risk.
If you want to know how to buy Bitcoin in Pakistan then read this informative article.
Crypto currency in Pakistan:
A currency which is protected by cryptography is called crypto currency. It is digital currency. It is based on block chain technology. It is not controlled by any bank or any government authority.
Types of Crypto Currency:
There are many types of crypto currency in whole world. Bitcoin is valuable currency throughout the world. Each digital currency has different specifications.
Litecoin
Cardano
Peercoin
Ethereum
Bitcoin
blockchain technology in pakistan
As you know that Crypto Currency is based on block chain technology. Block chain is list of records called blocks which are connecting using cryptography. It saves record of transaction of two parties. It is very efficient and you cannot modify data.
Bitcoin:
In above mentioned paragraphs I discussed about block chain technology and Crypto Currency. Now I will discuss about Bitcoin. It is valuable digital currency. In 2017 price of Bitcoin was increased. Now a days 1 Bitcoin is equal to 1,446,470 rupees.
There are different wallets apps for Bitcoin.
Is it legal to buy Bitcoin in Pakistan?
In 2018 State Bank of Pakistan banned all types of crypto currencies. State Bank of Pakistan banned all types of crypto currencies transactions. So it is illegal to buy Bitcoin in Pakistan. Investing in Bitcoin is risky work. You may caught by Federal Investigating Agency. There is no legal exchange system for Bitcoin in Pakistan. But many people are trading Bitcoin in Pakistan through Jazz Cash.
How to buy Bitcoin in Pakistan?
