#SwingTradingStrategy Nerdy summary 💡 Bitcoin is a form of digital currency that uses blockchain technology to support transactions between users on a decentralized network. New Bitcoins are created as part of the mining process, as a reward to people whose computer systems help validate transactions.No, Bitcoin is not legal in Bangladesh. Bangladesh Bank has explicitly stated that cryptocurrency trading is not allowed. They have also warned against the use of Bitcoin and other cryptocurrencies, stating they are not legal tender and could lead to financial harm. While not explicitly a crime, the central bank does not recognize cryptocurrency transactions.