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Blockchain
Connection Single Icon
Bitcoin
Bitcoin
Integrate with
Bitcoin

Before integration, please read the documentation on the official website. If you have any questions, you can send a request to support.

Documentation

What is Bitcoin?

Bitcoin is a decentralized digital currency introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on a blockchain, enabling secure and transparent transactions without the need for intermediaries. Bitcoin has a fixed supply of 21 million coins, which makes it a deflationary asset. Its decentralized nature ensures that no single entity controls the network, making it resistant to censorship and centralization.

Bitcoin's Key Features:

  • Decentralized Peer-to-Peer Network
  • Blockchain Technology for Transparent Transactions
  • Limited Supply: Maximum 21 Million Coins
  • Security through Cryptography
  • Global Accessibility and Borderless Transactions

Bitcoin's Use Cases:

Bitcoin is used as a digital currency for online transactions, remittances, and as a store of value. It has sparked the development of a broader ecosystem of cryptocurrencies and blockchain-based applications. Additionally, it is used for speculative investment, hedging against inflation, and as a means of transferring wealth across borders without the need for traditional financial institutions.

Accounting Features Supported for
Bitcoin
Cost Basis & Inventory Tracking >
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Unrealized G/L & Impairment Calculation >
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Reconciliation & Sanity Checks >
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NFTs Valuation
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Automated Rule Categorization
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Integrations to ERPs, Quickbooks, Xero, Netsuite, Sage, Pennyworks, etc.
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