[{"data":1,"prerenderedAt":352},["ShallowReactive",2],{"api/learn-center-post-en-10-bitcoin-myths-debunked":3,"footer-en":62,"learn/crypto-101/10-bitcoin-myths-debunked-en-seo":260,"navigation-en-learn-center":265,"api/learn-categories-en":313},{"seo":4,"locale":28,"breadcrumbs":29,"excerpt":37,"featuredImage":38,"components":45,"title":5,"formattedPublishedAt":56,"geofencings":57,"category":58,"pagination":60,"campaignExternalId":8},{"title":5,"metaTitle":6,"metaDescription":7,"keywords":8,"metaRobots":8,"structuredData":9,"metaImage":10,"metaSocial":18,"canonicalURL":8,"localizations":19},"10 Bitcoin Myths Debunked","10 Bitcoin Myths Debunked - Crypto101","Bitcoin has garnered both fevered adulation and scathing criticism. Here, we put ten common Bitcoin myths to rest.  ",null,{},{"url":11,"mime":12,"ext":13,"width":14,"height":15,"name":16,"alt":17},"bitstampImageUrl/top_10_bitcoin_myths_debunked_1png_76474bfe58_d1e4c98d08.png","image/png",".png",743,380,"top_10_bitcoin_myths_debunked_1png_76474bfe58.png","",[],[20,23,26],{"pathname":21,"locale":22},"/en-gb/learn/crypto-101/10-bitcoin-myths-debunked/","en-GB",{"pathname":24,"locale":25},"/es/learn/crypto-101/10-bitcoin-myths-debunked/","es",{"pathname":27,"locale":28},"/learn/crypto-101/10-bitcoin-myths-debunked/","en",[30,34],{"id":31,"text":32,"url":31,"asUrl":33},"/learn/crypto-101/","Crypto 101",true,{"id":35,"text":5,"url":27,"asUrl":36},"10-bitcoin-myths-debunked",false,"\u003Cp>As a relatively new and unique asset class, \u003Ca href=\"/learn/cryptocurrency-guide/what-is-bitcoin-btc/\">Bitcoin\u003C/a> has garnered both fevered adulation and scathing criticism throughout each of its well-documented price cycles. However, the intense speculation and media interest in the broader cryptocurrency sector has led to the proliferation of several myths about the flagship digital asset. Here, we put ten common Bitcoin myths to rest.\u003C/p>\n",{"url":39,"mime":40,"ext":41,"width":42,"height":43,"name":44,"alt":17},"bitstampImageUrl/top_10_bitcoin_myths_debunkedsvg_2edccdd2da_de8212813f.svg","image/svg+xml",".svg",1676,857,"top_10_bitcoin_myths_debunkedsvg_2edccdd2da.svg",[46],{"component":47,"props":48,"content":49,"secondaryContent":53,"ctas":54,"secondaryCtas":55,"ctasNoMarginTop":36},"section.full-text",{"centered":36,"withoutSectionContainer":36},{"text":50,"width":51,"align":52},"\u003Ch2>Myth 1: Bitcoin is a Ponzi scheme\u003C/h2>\n\u003Cp>A Ponzi scheme is a specific type of scam that relies on a constant flow of new investors to give the impression of returns to existing participants while the operators of the scam take the bulk of the profits.\u003C/p>\n\u003Cp>Bitcoin doesn’t share any of these characteristics. There is no central authority controlling or profiting from Bitcoin, but rather a decentralized node network in which anyone can participate. The Bitcoin ledger is transparent and immutable, such that all fund movements are visible from the moment that new BTC is minted as \u003Ca href=\"/learn/crypto-101/what-is-crypto-mining/\">mining\u003C/a> rewards.\u003C/p>\n\u003Ch2>Myth 2: Bitcoin has no intrinsic value\u003C/h2>\n\u003Cp>Intrinsic value can be a subjective term. In its purest financial sense, intrinsic value is designed to provide an accurate evaluation of an asset irrespective of market price. However, since it uses measures such as cash flow, it’s not suitable for many assets beyond stocks and companies. This includes Bitcoin, but also gold or other commodities that don’t have an underlying cash flow.\u003C/p>\n\u003Cp>Using any broader definition, Bitcoin arguably derives value from factors such as its scarcity, unique status as the first decentralized digital currency, and global community of users, developers, and miners, all of whom have contributed to it becoming an asset worth over one trillion dollars at its peak.\u003C/p>\n\u003Ch2>Myth 3: Bitcoin has no utility or purpose\u003C/h2>\n\u003Cp>Bitcoin has tens of millions of users across the globe. Some people pay for services using BTC, some hold BTC as a passive investment in the hope it will continue its upward trajectory over the long term, while others trade speculatively on its volatility.\u003C/p>\n\u003Cp>BTC is also legal tender in countries such as El Salvador and the Central African Republic, where it is used as a medium of \u003Ca href=\"/learn/crypto-101/the-impact-of-cryptocurrencies-on-online-payments/\">payment\u003C/a>. It also serves as a medium of exchange and store of value for people in countries where extreme \u003Ca href=\"/learn/crypto-trading/what-is-inflation/\">inflation\u003C/a> means that the national currency is more volatile than BTC.\u003C/p>\n\u003Ch2>Myth 4: Bitcoin is anonymous and used by criminals and money launderers\u003C/h2>\n\u003Cp>Bitcoin is pseudonymous, rather than anonymous. Even though the network doesn’t require users to identify themselves by name, all transaction activity from any given address is publicly visible. Bitcoin’s pseudonymity has actually facilitated law enforcement, such as when the FBI was able to identify \u003Ca href=\"/learn/people-profiles/ross-ulbricht/\">Ross Ulbricht\u003C/a> as the mastermind behind dark web marketplace \u003Ca href=\"/learn/crypto-101/what-is-the-silk-road-marketplace/\">Silk Road\u003C/a>, in part by linking on-chain activity to real-world accounts.\u003C/p>\n\u003Cp>Furthermore, the increasingly widespread application of FATF (Financial Action Task Force) \u003Ca href=\"/learn/security/what-is-anti-money-laundering-law-aml/\">anti-money laundering\u003C/a> rules and implementation of \u003Ca href=\"/learn/crypto-101/the-legal-landscape-of-cryptocurrencies/\">cryptocurrency regulations\u003C/a> in many jurisdictions mean that it’s more difficult than ever for criminals to escape detection when using BTC for nefarious purposes.\u003C/p>\n\u003Ch2>Myth 5: Bitcoin isn’t secure\u003C/h2>\n\u003Cp>While \u003Ca href=\"/learn/security/cryptocurrency-scams-and-fraud-prevention/\">hacks and security incidents\u003C/a> are unfortunately rife in the cryptocurrency sector, this doesn’t mean Bitcoin is inherently insecure. The Bitcoin blockchain has operated successfully without interruption or any major incident, such as a \u003Ca href=\"/learn/security/what-is-a-51-percent-attack/\">51% attack\u003C/a>, since 2009.\u003C/p>\n\u003Cp>However, individual accounts holding BTC can still be subject to theft, where criminals aim to steal cryptocurrencies by gaining access to private keys. One analogy is with a bank account. Cybercriminals may target individuals and successfully manage to gain access to their bank accounts using stolen e-banking credentials, but this doesn’t mean the bank itself isn’t secure, or anyone else’s funds may be at risk.\u003C/p>\n\u003Cp>Learning some basic \u003Ca href=\"/learn/security/crypto-security-precautions/\">crypto security precautions\u003C/a> can help to keep your funds safe from cyberattacks.\u003C/p>\n\u003Ch2>Myth 6: Bitcoin can be used to evade tax\u003C/h2>\n\u003Cp>In many jurisdictions, Bitcoin and other cryptocurrencies are taxable, or at least reportable for tax purposes. The precise tax regime will vary according to the country of residence. In the United States, cryptocurrencies are generally treated as assets and subject to capital gains tax, while other countries, such as Switzerland, don’t charge taxes on cryptocurrency gains. However, crypto received as income may be subject to different treatment.\u003C/p>\n\u003Cp>Although most tax authorities will require self-declaration of crypto-related activities, it’s worth noting that all activity can ultimately be verified on-chain against an individual wallet address. Also, exchanges and other crypto service providers are required to comply with local rules regarding tax declaration and can be legally compelled to hand over information about individual transactions if the tax authorities demand it. As such, Bitcoin is not an ideal vehicle for tax evasion.\u003C/p>\n\u003Ch2>Myth 7: Bitcoin is a fad, and the bubble will eventually burst\u003C/h2>\n\u003Cp>Over the time since its genesis, Bitcoin has undergone several identifiable market cycles where the \u003Ca href=\"/learn/crypto-trading/what-determines-cryptocurrency-prices/\">price\u003C/a> has increased to a peak high, most notably in 2014, 2017, and 2021. The run-up to these highs tends to be accompanied by intense market speculation and hype, leading to criticisms that the price is inflating like a bubble that will eventually burst.\u003C/p>\n\u003Cp>While it’s become routine for BTC prices to correct after these highs, market activity has never impacted the ongoing operation of the Bitcoin network or resulted in a widespread loss of appeal that would indicate the end stages of a fad.\u003C/p>\n\u003Ch2>Myth 8: Bitcoin will eventually replace the entire financial system\u003C/h2>\n\u003Cp>Bitcoin has a hardcore supporter base known as Bitcoin Maximalists, many of whom claim that it will eventually prevail over all other currencies and even the traditional banking system.\u003C/p>\n\u003Cp>Bitcoin has seen tremendous success as a new asset, considering its growth in the relatively short time since its genesis. However, most people don’t view Bitcoin as a viable alternative to the traditional banking system, and there are compelling arguments against this hypothesis. One is the Bitcoin network’s lack of \u003Ca href=\"/learn/blockchain/what-is-blockchain-scaling/\">scalability\u003C/a> to Visa-like transaction speeds, and another is the fact that very few people use Bitcoin exclusively as a medium of exchange and store of value on an everyday basis. Therefore, there is currently no evidence to suggest that Bitcoin will replace the existing financial system.\u003C/p>\n\u003Ch2>Myth 9: Bitcoin is too technical for the average investor\u003C/h2>\n\u003Cp>Investors should always be prepared to spend some time researching an asset before adding it to their portfolio. However, that doesn’t mean anyone needs blockchain technology expertise to invest in Bitcoin.\u003C/p>\n\u003Cp>A basic understanding of the \u003Ca href=\"/learn/crypto-trading/what-is-technical-and-fundamental-analysis/\">fundamentals\u003C/a> enables you to understand some factors that influence BTC prices. But it is quick and easy to onboard to Bitcoin via an exchange like \u003Ca href=\"/\">Bitstamp by Robinhood\u003C/a> without having extensive technical knowledge or even needing a crypto \u003Ca href=\"/learn/crypto-101/how-to-choose-the-right-crypto-wallet/\">wallet\u003C/a>.\u003C/p>\n\u003Ch2>Myth 10: Bitcoin is dead\u003C/h2>\n\u003Cp>Bitcoin has been declared dead hundreds of times since it launched in 2009 – virtually every time the market loses any significant value or a major incident in the crypto industry occurs.\u003C/p>\n\u003Cp>However, Bitcoin isn’t dead. In fact, it continues to operate as reliably and securely today as it has done for more than a decade and a half since the genesis block, gaining more users and recognition over time.\u003C/p>\n","full","left",{"text":17},[],[],"March 4th, 2024",{},{"title":32,"url":31,"geofencings":59},{},{"previous":8,"next":61},"/learn/crypto-101/bitcoin-energy/",{"ready":33,"sections":63,"disclaimer":258,"copyright":259},[64,107,135,158,195,214],{"title":65,"content":17,"items":66},"About",[67,72,77,82,87,92,97,102],{"noFollow":33,"isExternal":36,"name":68,"value":69,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":70,"geofencings":71},"Who We Are","/about-us/",{},{},{"noFollow":33,"isExternal":33,"name":73,"value":74,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":75,"geofencings":76},"Careers","https://careers.robinhood.com/",{},{},{"noFollow":33,"isExternal":36,"name":78,"value":79,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":80,"geofencings":81},"Legal & Privacy","/legal/",{},{},{"noFollow":33,"isExternal":36,"name":83,"value":84,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":85,"geofencings":86},"Legal & Privacy - USA","/legal/terms-of-use/inc/",{},{},{"noFollow":33,"isExternal":36,"name":88,"value":89,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":90,"geofencings":91},"For Law Enforcement","/legal/guidelines-for-law-enforcement-agencies/",{},{},{"noFollow":33,"isExternal":36,"name":93,"value":94,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":95,"geofencings":96},"Disclosures and Disclaimers","/legal/disclaimers",{},{},{"noFollow":33,"isExternal":36,"name":98,"value":99,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":100,"geofencings":101},"Fee Schedule","/fee-schedule/",{},{},{"noFollow":36,"isExternal":36,"name":103,"value":104,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":105,"geofencings":106},"FAQ","/faq/",{},{},{"title":108,"content":17,"items":109},"Products",[110,115,120,125,130],{"noFollow":36,"isExternal":36,"name":111,"value":112,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":113,"geofencings":114},"Mobile App","/mobile/",{},{},{"noFollow":36,"isExternal":36,"name":116,"value":117,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":118,"geofencings":119},"Tradeview","/market/tradeview/",{},{},{"noFollow":36,"isExternal":36,"name":121,"value":122,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":123,"geofencings":124},"Earn Stake","/crypto-staking/",{},{"geofencing-uk":33},{"noFollow":36,"isExternal":36,"name":126,"value":127,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":128,"geofencings":129},"Earn Lend","/crypto-lending/",{},{"geofencing-uk":33},{"noFollow":36,"isExternal":36,"name":131,"value":132,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":133,"geofencings":134},"Derivatives","/perpetual-futures/",{},{},{"title":136,"content":17,"items":137},"Services",[138,143,148,153],{"noFollow":36,"isExternal":36,"name":139,"value":140,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":141,"geofencings":142},"Institutions & Partners","/institutional-trading/",{},{},{"noFollow":36,"isExternal":36,"name":144,"value":145,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":146,"geofencings":147},"Bitstamp as a Service","/bitstamp-as-a-service/",{},{},{"noFollow":36,"isExternal":36,"name":149,"value":150,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":151,"geofencings":152},"The Bitstamp Ecosystem","/partners/",{},{},{"noFollow":36,"isExternal":36,"name":154,"value":155,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":156,"geofencings":157},"Pro","/pro/",{},{},{"title":159,"content":17,"items":160},"Resources",[161,166,171,176,180,185,190],{"noFollow":33,"isExternal":36,"name":162,"value":163,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":36,"showOnMobile":33,"attachment":164,"geofencings":165},"HTTP API","/api/",{},{},{"noFollow":36,"isExternal":36,"name":167,"value":168,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":36,"showOnMobile":33,"attachment":169,"geofencings":170},"Websocket API v2","/websocket/v2/",{},{},{"noFollow":36,"isExternal":36,"name":172,"value":173,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":36,"showOnMobile":33,"attachment":174,"geofencings":175},"FIX v2","/fix/v2/",{},{},{"noFollow":33,"isExternal":36,"name":177,"value":163,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":36,"attachment":178,"geofencings":179},"API Documentation",{},{},{"noFollow":36,"isExternal":36,"name":181,"value":182,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":183,"geofencings":184},"PGP Key","/pgp-key/",{},{},{"noFollow":36,"isExternal":36,"name":186,"value":187,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":188,"geofencings":189},"Lightning Network","/lightning-network-node/",{},{},{"noFollow":36,"isExternal":36,"name":191,"value":192,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":193,"geofencings":194},"Market Details","/market-details/",{},{},{"title":196,"content":17,"items":197},"Address",[198,202,206,210],{"noFollow":36,"isExternal":36,"name":199,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":200,"geofencings":201},"Bitstamp Ltd",{},{},{"noFollow":36,"isExternal":36,"name":203,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":204,"geofencings":205},"5 New Street Square",{},{},{"noFollow":36,"isExternal":36,"name":207,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":208,"geofencings":209},"London, EC4A 3TW",{},{},{"noFollow":36,"isExternal":36,"name":211,"value":17,"isEmail":36,"isPhoneNumber":36,"isText":33,"showOnDesktop":33,"showOnMobile":33,"attachment":212,"geofencings":213},"United Kingdom",{},{},{"title":215,"content":17,"items":216},"Contact",[217,222,226,230,234,238,243,248,253],{"noFollow":36,"isExternal":36,"name":218,"value":219,"isEmail":36,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":220,"geofencings":221},"Customer support","/customer-support/",{},{},{"noFollow":36,"isExternal":36,"name":223,"value":223,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":224,"geofencings":225},"info@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":227,"value":227,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":228,"geofencings":229},"press@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":231,"value":231,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":232,"geofencings":233},"support@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":235,"value":235,"isEmail":33,"isPhoneNumber":36,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":236,"geofencings":237},"complaints@bitstamp.net",{},{},{"noFollow":36,"isExternal":36,"name":239,"value":240,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":241,"geofencings":242},"+44 20 3868 9628","+442038689628",{},{},{"noFollow":36,"isExternal":36,"name":244,"value":245,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":246,"geofencings":247},"+1 800 712 5702","+18007125702",{},{},{"noFollow":36,"isExternal":36,"name":249,"value":250,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":251,"geofencings":252},"+352 20 88 10 96","+35220881096",{},{},{"noFollow":36,"isExternal":36,"name":254,"value":255,"isEmail":36,"isPhoneNumber":33,"isText":36,"showOnDesktop":33,"showOnMobile":33,"attachment":256,"geofencings":257},"+65 3105 1676","+6531051676",{},{},"\u003Cp>Please read the general \u003Ca href=\"/legal/risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Warning\u003C/a>, and \u003Ca href=\"/legal/uk-investment-risk-warning/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Risk Summary\u003C/a> for UK residents before investing in crypto-assets. \u003C/p>\n\u003Cp>Crypto-assets services are provided by the following Bitstamp legal entities depending on client residency: (1) Bitstamp Europe S.A., which is authorized by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg as a payment institution (licence number Z00000012) and crypto-asset service provider (licence number N00000003); Registered address: 40, avenue Monterey, L-2163 Luxembourg, Grand Duchy of Luxembourg; Registration number: B196856; (2) Bitstamp UK Ltd., which is registered with the Financial Conduct Authority (FCA) in the UK for the provision of certain cryptoassets activities under the Money Laundering Regulations (Firm Reference Number 978690); Registered address: 5 New Street Square, EC4A 3TW London, United Kingdom; Registration number: 14174243; (3) Bitstamp Ltd.with its registered address at 5 New Street Square, EC4A 3TW London, United Kingdom and registration number: 8157033; (4) Bitstamp Global Ltd., which is registered as a Virtual Asset Service Provider in the British Virgin Islands and is supervised by the British Virgin Islands Financial Services Commission (FSC); Registered address: Floor 4, Banco Popular Building, Road Town, Tortola VG1110, British Virgin Islands; Registered number: 2086429; and (5) Bitstamp Asia Pte Ltd, which is authorized by the Monetary Authority of Singapore (MAS) as a major payment institution (licence number PS20200667); Registered address: 63 Chulia Street, OCBC Centre East, #15-01, Singapore 049514; Registered number: 202016687K;\u003C/p>\n\u003Cp>Virtual currency services to US residents are provided by Bitstamp USA, Inc., which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Licensed as a Money Transmitter by the New York State Department of Financial Services. Review a \u003Ca href=\"/legal/usa-inc/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">list of its licenses and other registrations\u003C/a> (NMLS number \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">1905429\u003C/a>) for more information; Registered address: 85 Willow Road, Menlo Park, CA 94025, United States of America; Registered number: 5481543.\u003C/p>\n\u003Cp>Investment services with regards to trading in crypto derivatives are provided by Bitstamp Financial Services Ltd., which is authorized and supervised by the Slovenian Securities Market Agency (ATVP) as a MiFiD investment firm. Trading crypto derivatives carries significant risks and may result in substantial losses. Please trade responsibly and ensure you understand the associated risks. You can find more about the risks \u003Ca href=\"/legal/financial-services/general-terms-and-conditions/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>. To help you understand the risks involved we have put together a series of \u003Ca href=\"/derivatives/key-information-documents/\" target=\"_blank\" rel=\"noopener noreferrer\">Key Information Documents (KIDs)\u003C/a> highlighting the risks and rewards related to each derivatives contract. Crypto derivatives trading is not available to customers in the US, Canada, Japan and some other countries. Bitstamp Financial Services Ltd. does not provide crypto-asset services.\u003C/p>\n\u003Cp>To find out more about which Bitstamp entity you receive services from, please check the Profile/My information in your Bitstamp account. You can read more about our legal terms, policies and disclosures \u003Ca href=\"/legal/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here\u003C/a>.\u003C/p>\n","\u003Cp>All rights reserved © 2026 Bitstamp by Robinhood. \u003Ca href=\"https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1905429\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">NMLS #1905429\u003C/a>\u003C/p>\n",{"description":7,"ogDescription":7,"ogImage":261,"twitterImage":261,"twitterSite":262,"twitterCreator":262,"twitterCard":263,"twitterTitle":6,"twitterDescription":7,"titleTemplate":264},"https://assets.bitstamp.net/msc/_ipx/enlarge_true&f_png&fit_cover&q_85&s_1200x630/bitstampImageUrl/top_10_bitcoin_myths_debunked_1png_76474bfe58_d1e4c98d08.png","@Bitstamp","summary_large_image","%s",{"items":266,"ready":33,"platformButtonText":309,"backButtonText":310,"logInButtonText":311,"signUpButtonText":312},[267,271,275,278,281,284,287,292,295,300,305],{"headerName":268,"sidemenuName":139,"url":140,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":269,"submenu":270,"tag":17},"Institutions",{},[],{"headerName":131,"sidemenuName":131,"url":132,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":272,"submenu":273,"tag":274},{},[],"NEW",{"headerName":154,"sidemenuName":154,"url":155,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":276,"submenu":277,"tag":17},{},[],{"headerName":111,"sidemenuName":111,"url":112,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":279,"submenu":280,"tag":17},{},[],{"headerName":121,"sidemenuName":121,"url":122,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":282,"submenu":283,"tag":17},{},[],{"headerName":126,"sidemenuName":126,"url":127,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":285,"submenu":286,"tag":17},{"geofencing-uk":33},[],{"headerName":288,"sidemenuName":288,"url":289,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":290,"submenu":291,"tag":17},"Markets","/markets/",{},[],{"headerName":116,"sidemenuName":116,"url":117,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":293,"submenu":294,"tag":17},{},[],{"headerName":296,"sidemenuName":296,"url":297,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":298,"submenu":299,"tag":17},"Blog","https://blog.bitstamp.net/",{},[],{"headerName":301,"sidemenuName":301,"url":302,"noFollow":36,"showInHeader":33,"showInSidemenu":33,"geofencings":303,"submenu":304,"tag":17},"Learn","/learn/",{},[],{"headerName":306,"sidemenuName":306,"url":112,"noFollow":36,"showInHeader":36,"showInSidemenu":33,"geofencings":307,"submenu":308,"tag":17},"Get Bitstamp by Robinhood app",{},[],"Go to platform","Back","Log in","Get started",[314,318,322,324,328,332,336,340,344,348],{"title":315,"url":316,"geofencings":317},"Blockchain technology","/learn/blockchain/",{},{"title":319,"url":320,"geofencings":321},"Company profiles","/learn/company-profiles/",{},{"title":32,"url":31,"geofencings":323},{},{"title":325,"url":326,"geofencings":327},"Crypto definitions","/learn/crypto-definitions/",{},{"title":329,"url":330,"geofencings":331},"Crypto trading","/learn/crypto-trading/",{},{"title":333,"url":334,"geofencings":335},"Cryptocurrency guide","/learn/cryptocurrency-guide/",{"geofencing-uk":33},{"title":337,"url":338,"geofencings":339},"People profiles","/learn/people-profiles/",{},{"title":341,"url":342,"geofencings":343},"Security","/learn/security/",{},{"title":345,"url":346,"geofencings":347},"Tutorials","/learn/bitstamp-tutorials/",{},{"title":349,"url":350,"geofencings":351},"Web3","/learn/web3/",{},1776263734273]