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Simplex Guarantees:
Lowest fees in the market.
Extra charges may apply in addition to the rate provided at the checkout.
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YCO Bitcoin fee 1.99%
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Simplex fee 3.5%
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Quick Transactions (min $100)
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We offer lightning-fast transactions taking just 10-20 minutes under regular circumstances.
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Easy Verification
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Buying Bitcoin and other cryptocurrency from your phone or any device is now easier than ever with only a few steps to verify your account. Verify only once for faster checkouts after the 1st transaction.
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Easy Verification
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Buying Bitcoin and other cryptocurrency from your phone or home device is now easier than ever with only a few steps to verify your account. Verify only once for faster checkouts after the 1st transaction.
What is BITCOIN?
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Bitcoin (₿) is a cryptocurrency, a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Transactions are verified by a network of nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto.
What is a BLOCKCHAIN?
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A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. The timestamp proves that the transaction data existed when the block was published in order to get into its hash. As blocks each contain information about the block previous to it, they form a chain, with each additional block reinforcing the ones before it. Therefore, blockchains are resistant to modification of their data because once recorded, the data in any given block cannot be altered retroactively without altering all subsequent blocks. Blockchains are typically managed by a peer-to-peer network for use as a publicly distributed ledger, where nodes collectively adhere to a protocol to communicate and validate new blocks.