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Binance Australia has announced the launch of its new video series 'Bitcoin 101' aimed at educating New Zealand cryptocurrency traders and investors on the basics of Bitcoin, including what Bitcoin is, how it works, and everything in between.

The video series, which will feature local Binancians, including General Manager Ben Rose, will give a straightforward overview of the complicated world of cryptocurrencies.

In the first video of the series, we focus on an introduction to Bitcoin for beginners.

The gist of it is that there is a lot of jargon, but we are here to help. We're on a mission to arm Australians with the information they need to understand Bitcoin.

The series' second video focuses on how Bitcoin works, explaining some of the many benefits as well as what bitcoin mining is. The remainder of the video examines the blockchain technology behind it and its consensus mechanism.

The third video in the series looks at how Bitcoin transactions work, which is one of the most commonly asked questions in the space, covering topics such as sending and receiving Bitcoin.

The video series also covers more in depth subjects, including common misconceptions, the lighting network, and the risks and challenges of Bitcoin.

Both experienced traders and novices to Australia's cryptocurrency market can greatly benefit from the informative video series. The series will give viewers a basic idea of how Bitcoin functions and how it can affect their daily lives.

The video series is available on Binance Australia's YouTube channel, and interested parties can click on any video to get started.

Binance is a global cryptocurrency exchange. Binance Australia operates a digital currency exchange registered with AUSTRAC in Australia. 

The exchange is among the top crypto exchanges worldwide, with a strong focus on providing secure and transparent trading services to users.

Read more on the Binance Australia blog here.

Disclaimer

This content is for general information purposes only, not investment advice. Cryptocurrencies, including Bitcoin, are volatile and fluctuate on a day-to-day basis, thus, trading requires proper diligence and sound judgement in order to evaluate the risks associated.

 Nothing in this video constitutes investment or legal recommendation, nor should any data or content mentioned in the newsletter be relied upon for any investment activities. You should consider seeking independent legal, financial, taxation or other advice to check how the video content information relates to your unique circumstances.

Binance New Zealand is not affiliated, associated, endorsed by, or in any way officially connected with any individual or organisations mentioned in the video. Binance New Zealand is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly by use of this newsletter and expressly disclaims any and all liability for any loss or damage you may suffer.