Frequently Asked Questions

Is Bitcoin legal in Pakistan?

Regulatory positions evolve. Learn the technology first and always follow local laws and guidance.

Do I need to buy a whole bitcoin?

No. You can buy a tiny fraction called a satoshi (1 BTC = 100,000,000 sats).

Which wallet should I use?

Start with a reputable mobile wallet for learning; keep larger savings on a hardware wallet.

How long do transactions take?

On-chain confirmations take ~10 minutes per block on average; during congestion it can be longer. Lightning payments are usually instant.

Can I reverse a mistaken transaction?

No. Bitcoin transactions are irreversible. Always double-check the address and amount before sending.

Why did my fee look high?

Fees rise when the network is busy. You can choose a slower/cheaper fee, but it may confirm later.

How should I store my seed phrase?

Write it on paper (clearly), keep in two separate safe places, and never take photos or store it in email/cloud.

What about taxes?

Rules vary and change. Keep basic records (dates, amounts) and consult local guidance where applicable.

Are “investment groups” or VIP ROI offers legit?

Be extremely cautious. “Guaranteed returns” or pressure to act fast are classic scam signals.

What is a good first step?

Receive a very small amount, learn to back up and restore your wallet, and practice sending a portion back to yourself.