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BTC - Bitcoin

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Written by Sophie
Updated over 3 weeks ago

What is Bitcoin (BTC)?

Bitcoin is the first and most well-known cryptocurrency, launched in 2009 as a decentralized, peer-to-peer alternative to traditional money. It introduced the concept of a blockchain—a public, immutable ledger—to securely record transactions without relying on central authorities. With a fixed supply of 21 million coins, Bitcoin is often seen as "digital gold," valued both for its scarcity and its role as a hedge against inflation. Unlike many newer crypto projects, Bitcoin doesn’t rely on smart contracts or complex tokenomics—its value comes from its security, simplicity, and status as the original crypto asset. Learn more

How to Deposit BTC Into Your Coinmetro Account

For all information on how to deposit BTC into your Coinmetro account, please see the following help center article:

How to Withdraw BTC From Your Coinmetro Account

For all information on how to withdraw BTC from your Coinmetro account, please see the following help center article:

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

Withdrawals waiting for approval can be canceled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.

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