Bitcoin
The original cryptocurrency and most secure blockchain. Primarily used as a store of value and payment network. Limited smart contract functionality.
L1
BTC
Network Specifications
- Consensus
- Proof of Work
- Block Time
- ~10 minutes
- Typical Gas Cost
- $0.50-5+
- Native Token
- BTC
Best For
Store of value, long-term holding, payments
Compatible Wallets
4 wallets support Bitcoin
Frequently Asked Questions
What is Bitcoin used for?+
Bitcoin is a L1 blockchain used for decentralized applications, token transfers, and smart contracts. Different users choose Bitcoin for different reasons — check the "Best For" section above to see where it excels compared to other networks.
How much does it cost to use Bitcoin?+
Typical transaction fees on Bitcoin are $0.50-5+. Fees vary based on network congestion and transaction complexity. Simple transfers cost less than smart contract interactions like swaps or mints. Use our Gas Fee Estimator tool for current estimates.
Which wallets work with Bitcoin?+
Multiple wallets support Bitcoin — see the "Compatible Wallets" section above for the full list. For Bitcoin specifically, most wallets support it. Check our Wallet Compatibility Checker for detailed comparisons.
Is Bitcoin secure?+
Bitcoin uses Proof of Work for security. As a Layer 1 chain, it has its own validator set and security model. No blockchain is immune to bugs or attacks, but Bitcoin has an established track record.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you if you sign up or make a purchase through these links. This does not influence our editorial evaluations. Learn more