Bitcoin (BTC)
About Bitcoin (BTC)
Bitcoin is the first cryptocurrency. It was invented by an unknown person (or people) using the name Satoshi Nakamoto, and released as open-source software in 2009. Bitcoin transactions are verified by a network of computers around the world, and are recorded on a distributed digital ledger called a blockchain. This allows the currency to function without a central financial institution or government. Bitcoins and other cryptocurrencies are divisible into tiny units, allowing you to purchase fractions of coins.
Details
Cryptocurrency and other digital assets are highly speculative, involve significant risk, and may result in the complete loss of value. Cryptocurrency and other digital assets are not deposits, are not insured by the FDIC or SIPC, are not bank guaranteed, and may lose value.
All cryptocurrency transactions, once submitted to the blockchain, are final and irreversible. SoFi is not responsible for any failure or delay in processing a transaction resulting from factors beyond its reasonable control, including blockchain network congestion, protocol or network operations, or incorrect address information. Availability of specific digital assets, features, and services is subject to change and may be limited by applicable law and regulation.
SoFi Crypto products and services are offered by SoFi Bank, N.A., a national bank regulated by the Office of the Comptroller of the Currency. SoFi Bank does not provide investment, tax, or legal advice. Please refer to the SoFi Crypto account agreement, opens in new window for additional terms and conditions.