1 Bitcoin costs different fees on different apps. Get 70% OFF on your next 3 trades with WHOLECOIN70, until Oct 16.

Crypto Explained

Three things about crypto that even regular traders still get wrong

Anyone who buys crypto every month picks things up quickly. You learn which coins tend to move together, how long a transfer takes, what a busy network does to your timing. What tends to survive all that experience is a small set of beliefs that sound obviously true and are not, and they survive because nothing in ordinary trading ever contradicts them.

“You have to buy a whole Bitcoin.”
You don't, and you never did. One Bitcoin divides into 100,000,000 pieces, eight decimal places down, and the smallest of them is called a satoshi. $20 buys around 24,000 of those at current prices. The whole-coin assumption is one of the most common reasons people put off starting.

“Crypto can’t be traced.”
It can be. Every Bitcoin transaction made since 2009 sits in a public record that anyone can read, and that record is permanent. Addresses do not carry names, which is where the idea comes from, and the transactions attached to them stay visible for as long as the network exists.

“Bitcoin has a price.”
It has one per platform. Every venue matches its own buyers and sellers and takes its price from the last trade it made, so the figure you see moves from one app to the next. Gaps get closed by traders who profit from closing them, and they open again whenever a market gets busy or a region gets harder to reach.

Three beliefs, and the third one is the only one that charges you for holding it. Where you trade decides what you hand over in fees, which is a question with an answer rather than a matter of opinion.

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Until 16 October, WHOLECOIN70 takes 70% OFF the Paybis service fee on your next 3 trades, on any coin we list. Full price is shown before you confirm, there are 90+ assets available, and support is staffed by real people at any hour.

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Apply your code and get 70% OFF Paybis fees on your next 3 trades, on any coin we list, until 16 October.

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Valid on 3 trades, ending 16 October 2026, 23:59:59 UTC.


Disclaimer:
The satoshi figure is based on the Bitcoin price as reported on 13 October 2026 and moves with the market. This update is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile. Always conduct your own research before making any decisions.