Where to learn about Bitcoin in Romania? Where to buy Bitcoin in Romania?

Bitcoin has become one of the most discussed topics in the world, and Romania is no exception. More and more Romanians are interested in this revolutionary digital currency and want to learn more about it.

But how to get started? What are the best resources to learn about bitcoin in Romania? In this article, you’ll learn all about Bitcoin: what it is, how it works (blockchain, Lightning Network), how to store it (wallets, addresses) and where to buy it in Romania.

If you are interested in entering the Bitcoin world and want to better understand this cryptocurrency, the Abarai platform offers a wide range of educational resources. In addition, you can use our platform to buy bitcoin or other cryptocurrencies simply and quickly, without having to create an account or register – all you need to do is provide your billing details.

De ce este Bitcoin atât de popular în România

In recent years, interest in Bitcoin and other cryptocurrencies has exploded in Romania. At first people were skeptical but over time more and more people became interested in the topic. Why is Bitcoin so popular in Romania?

• Digital Cash: This is the cryptocurrency that replaces cash, a conventional means of payment. This was the goal of this innovation, to replace the banking system.

• Global accessibility: bitcoin can be easily purchased and traded from the comfort of your own home.
• Financial investment: Many Romanians see Bitcoin as an alternative to traditional savings or a way to protect long-term capital value.
• Profitability: The spectacular evolution of Bitcoin’s value, characterized by exponential growth cycles, has generated considerable interest among investors, who are attracted by the potential for high long-term returns.

Educatia financiara: Cheia succesului in investitiile Bitcoin

Investing in cryptocurrencies, including Bitcoin, is not for everyone. It’s a volatile market that can bring both impressive gains and significant losses. Here are some reasons why education is essential:

• Understanding the risks: Bitcoin’s price volatility means the value of your investment can fluctuate rapidly. Understanding these dynamics helps you make wiser decisions.
• Avoiding scams: The crypto industry unfortunately also attracts scammers. Knowing the market and trusted players is vital to protect yourself.
• Maximize gains: When you understand how technology and the market work, you can more easily identify real opportunities.

Where to learn about Bitcoin in Romania

If you’ve already wondered where you can learn about bitcoin in Romania, the Abarai Academy is an excellent starting point. The Abarai blog is also a valuable source of information, with articles covering both basics and advanced topics.

But is the purpose of this virtual currency only investment? Financial speculation? Certainly not ! Follow this article to find out more details.

Ce este Bitcoin si cum functioneaza

Bitcoin is a digital currency launched in 2009 by an anonymous person known as Satoshi Nakamoto. I have attached below the official document underlying this cryptocurrency

Unlike traditional money issued by governments, Bitcoin operates without the need for banks or intermediaries, it is an ecosystem. There is no central bank to guarantee this cryptocurrency or private company. The moment you send bitcoin to someone, your transaction is confirmed in the bitcoin blockchain. If you are curious what is blockchain then this article is for you “What is Blockchain?Simple explanation“

Here’s what you need to know about it:

• Bitcoin only exists in electronic form. There are no physical coins or banknotes.
• It is not controlled by any central bank or organization. It is completely independent.
• User identity is anonymous, but all transactions are public and can be verified on the blockchain.
• Bitcoin exists in limited supply. Only 21 million bitcoins will ever be created, making it a limited and valuable resource. Today (March 7, 2025) there are a total of 19,832,874 BTC in circulation, source Bitinfocharts
• Bitcoin is traded directly between users (person to person) through a technology called blockchain.

Ce este tehnologia blockchain

Blockchain is a digital ledger divided into blocks, each block containing information (such as transactions). The blocks are linked together in chronological order, forming a chain – hence the name ‘blockchain’. Decentralization, security and transparency are three key aspects of blockchain technology. Here’s why:

Decentralized architecture

Blockchain eliminates the need for third parties such as banks, giving more control to individual users. Results:

• Transactions are faster and cheaper because there are no middlemen.
• Power and decisions are not concentrated in one place, reducing the risk of corruption.

Security and trust

Because each new block is linked to previous blocks, changing data becomes extremely difficult, almost impossible.

Example:

• In finance, blockchain can eliminate fraud.
• In healthcare, it can keep patient data secure and protected from unauthorized access.

Transparent

In blockchain technology, transparency refers to the ability to view and verify all transactions and data stored on the network. Each transaction is verified by several nodes in the network before being added to the blockchain.

For example:

• Organizations can use blockchain to record and track donations, creating a trusted environment for donors.
• Companies can make supply chains transparent, from raw materials to the final product.
• Another example of use was the transmission of voting information to Romanian citizens. You can read more about this example in the STS press release

In short, the blockchain records all Bitcoin transactions and keeps them secure, transparent and accessible to anyone who wants to verify them.

Portofele Bitcoin si tipuri de adrese

Bitcoin wallets play an essential role in cryptocurrency trading, providing security and total control over your funds. Whether you’re a beginner investor or a seasoned enthusiast, understanding the types of bitcoin wallets and addresses is essential to protect your investments. Next, you’ll find out:

• What is a bitcoin wallet and why you need it
• Types of wallets available (hardware, software, online)
• Bitcoin address types and how to choose the safest option

Let’s discover together everything you need to know!

What is a bitcoin wallet and why is it necessary

A Bitcoin wallet is an app or device through which you access your cryptocurrency. Think of a bitcoin wallet as a digital bank account. It allows you to receive, store and send bitcoin, but without depending on a central institution like a bank.

Why do you need a bitcoin wallet?

1. Total control: You have complete control over your funds, with no intermediaries.

2. Maximum security: Protecting your coins against hackers and other threats is top priority.

3. Accessibility: Transactions are quick and easy, wherever you are.

The bitcoin wallet works by using a public key (the address with which you receive funds) and a private key (used to access those funds). It’s vital to keep your private key in a safe place.

Types of Bitcoin Wallets

There are several types of bitcoin wallets, each with specific advantages and disadvantages. The choice depends on your needs and the level of security you want.

Wallets or cryptocurrency wallets can be:

• Hot wallet (wallet connected to the internet)
• Cold wallet (wallet not connected to the internet)

Tipuri de portofele bitcoin in Romania

1. Portofele Hardware (cold wallet)

Hardware wallets are physical devices that store private keys offline. They work disconnected from the internet, which is why they are also called cold wallet (only when you make a transaction do you temporarily connect them to your computer or smartphone).

Advantage:

• Extreme security: Because they’re offline, they’re almost impossible to hack.
• Compatibility: Works with various software applications.

Disadvantages:

• Costs: A good hardware wallet can cost between €50 and €150.
• Limited access: You must have the physical device to perform transactions.

Popular examples: Ledger Nano S, Trezor Model T.

2. Portofele Software

These wallets are applications installed on your mobile phone or computer and are ideal for everyday transactions. Software wallets are also divided into two main categories: hot wallets and cold wallets, with hot wallets being permanently connected to the internet.

You can learn more by reading the article What is a Bitcoin wallet?

Advantage:

• Accessibility: Quick and easy to use.
• Free: Most are either free or low-cost.

Disadvantages:

• Reduced security: Being online, they are more exposed to hackers.

Popular examples: Exodus, Electrum, Trust Wallet.

3. Portofele Paper Wallets

Paper wallets are pieces of paper on which private and public keys are written, being 100% offline they are protected against hacks. However, they are not the best option for storing cryptocurrencies, as damaging or losing the paper can lead to complete loss of funds.

Bitcoin address types and their importance

Bitcoin addresses are a unique string of letters and numbers that allow users to send and receive cryptocurrency. Not all addresses are the same. Each type has its own characteristics.

Tipuri de adrese Bitcoin in Romania

1. Adrese Legacy (P2PKH)

These are the oldest and most popular bitcoin addresses, starting with the number 1.

Example: 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

Advantage:

• Very widely used and accepted.

Disadvantages:

• It does not support the latest Bitcoin features, for example SegWit.

2. Adrese SegWit (P2SH)

These addresses offer lower fees and faster transaction speeds. They start with the number 3.

Example: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy

Advantage:

• Optimized for cost.
• Largely compatible with older wallets.

3. Adrese Native SegWit (Bech32)

These addresses start with the prefix bc1 and are the newest version.

Example: bc1qw508508d6qejxtdg4y5r3zarvary0c5xw5xw7kygt080

Advantage:

• Lower taxes.
• Very fast and efficient.

Disadvantages:

• Some older platforms and wallets don’t support them yet.

4.Adrese Taproot (P2TR)

Taproot (P2TR) addresses are a newer type of bitcoin address designed to make transactions more private and efficient. These addresses are more suitable for those who are familiar with how bitcoin works and need more advanced options to manage their money.

5.Lightning Network – adresă de tip Lightning

A Lightning address is an identifier used in the Lightning Network to receive instant payments with very low fees. Unlike regular bitcoin addresses, they are generated by Lightning Network wallets and allow fast transactions within payment channels.

If you want to learn more about this topic, we invite you to read our article: ‘5 Types of Bitcoin Addresses: Simple Guide for Beginners in 2025’

Cum alegi tipul potrivit de adresă?

• If your main goal is accessibility, use a legacy address.
• For lower fees and faster speeds, address SegWit.
• If your platform supports it, opt for a native SegWit address for the latest enhancements.

 

Lightning Network: Scalarea Bitcoin pentru tranzactii rapide

Bitcoin’s scalability has always been a major challenge for its global adoption. With only 7 transactions processed per second on the main blockchain, compared to the tens of thousands processed by networks like Visa, using Bitcoin for daily transactions can seem limited. The solution? Lightning Network, a technology that promises to solve that problem.

What is Lightning Network?

Lightning Network is a “secondary layer” for Bitcoin, designed to enable faster and cheaper transactions. Instead of relying solely on the main blockchain (mainnet), this network handles transactions “off-chain”, thus reducing pressure on the main blockchain.

Essentially, Lightning Network allows users to transfer bitcoin directly, through private payment channels that do not require each transaction to be recorded on the blockchain. This makes the system faster, cheaper and more scalable.

The Scalability Problem

Consider the differences between Bitcoin and traditional payment networks:

• Visa can process around 4,000 transactions per second, with a peak of up to 65,000.
• Bitcoin, however, only processes about 7 transactions per second due to block size limitations (1MB).

This difference makes using bitcoin for frequent and small transactions inefficient, but Lightning Network solves this obstacle with a smarter and faster approach.

How does the Lightning Network work?

The Lightning Network is based on the idea of bilateral payment channels. Here is the step-by-step process:

1. Opening a payment channel

To get started, two parties involved in a transaction (e.g. a customer and a café) open a payment channel in the Lightning network. This process involves:

• Deposit an amount of Bitcoin into a multisignature address, which requires the approval of both parties to access the funds.
• Record this action on the main blockchain to ensure transparency.

Example:

Dragos deposits 0.05 BTC in a payment channel for his favorite coffee shop. Every time he buys a coffee, the relevant amount is deducted from this channel without recording the transaction on the blockchain.

2. Channel transactions

Once the channel is open, multiple transactions can be made:

• If a coffee costs 0.001 BTC, the balance sheet shows the transfer of this amount from Dragos’s balance to the cafe’s balance.
• The transaction is digitally signed by both parties and stored in the channel.

This method allows thousands of transactions without burdening the main network.

3. Closing the channel

When the channel is no longer in use, the two parties close the channel with the use of the last signed “balance sheet”. This is transmitted to the main blockchain, and the miners validate the transactions and release the funds according to the balance.

In the process, only two transactions are recorded on the main blockchain:

• Creating the channel.
• Closing the channel.

Advantages of Lightning Network

Lightning Network brings multiple benefits that improve the scalability and accessibility of Bitcoin. These include:

1. Reducing fees

Off-chain transactions require minimal fees as they do not involve permanent registration on the main blockchain.

2. Fast transactions

Payments are processed almost instantly, eliminating the delays associated with blockchain confirmations.

3. Increased scalability

By downloading the main blockchain, Lightning Network can handle an almost unlimited number of simultaneous transactions.

4. Improved safety

Funds are deposited in multisignature addresses, which means that only the parties involved can access the balance, with mutual consent.

5. Payments through intermediaries

It is not necessary to open payment channels directly with each user. Lightning Network can transfer funds through intermediaries, which simplifies the process.

A practical example: the network of intermediaries

Suppose Ileana wants to buy a coffee from the same coffee shop as Dragos, but she does not have a direct payment channel with it. She can send the funds to Michael, who forwards them to the café through his existing channel.

Lightning Network finds the most efficient route for transferring the payment, using as few intermediaries as possible and as low fees as possible.

How can you use the Lightning Network?

Lightning Network is already deployed and used by numerous wallets and platforms. Among the most popular applications are:

• Muun Wallet: Offers fast and cheap transactions through the Lightning Network.
• BlueWallet and other Lightning-friendly wallets.

To get started, download a compatible wallet and load it with bitcoin. From there, setting up payment channels becomes a quick and simple process.

Why is the Lightning Network essential for Bitcoin?

The Lightning Network represents a crucial step in Bitcoin’s future, transforming it from a system for storing value into an accessible and usable medium for everyday transactions. With each channel opened, the network becomes more powerful, scalable and relevant to an increasingly digitized world.

If you want to find more information on this topic, we recommend our article: “What is lightning network? Can we transfer bitcoin using the Bitcoin Lightning Network?”

De unde cumpar Bitcoin in Romania?

Many people wonder how to buy bitcoin and how to use it for payments. Although the process is simple, it can seem overwhelming if you’re a beginner. Not to worry! We’ve detailed everything below.

I don’t have Bitcoin and need to make a payment

If you don’t own Bitcoin (or any other cryptocurrency), the first step is to buy. It requires a means of payment (such as bank card or cash) and the destination address of the person you are sending it to.

What is the destination address?

The destination address is a unique alphanumeric string like this one:

bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2

Sometimes this address is also available as a QR code, which is easier to scan. If the address does not start with bc…, make sure it is valid using tools like Blockchair.

How to buy Bitcoin in Romania?

A regulated and easy-to-use platform, even for beginners, is Abarai.

Abarai offers you:

• Fast payments by bank card, bank transfer or networks like PayPal and Skrill.
• Telephone support in Romanian.
• Guaranteed security: transactions are non-custodial, which means that funds are sent directly to the address you specify without being stored on the platform.

The steps to buy bitcoin on Abarai are simple:

1. Enter the Abarai platform.

2. Select the amount you want to invest in Bitcoin.

3. Complete the purchase process and you will receive Bitcoin in your wallet.

I have Bitcoin, how do I make a payment to someone?

If you already have bitcoin in your digital wallet, the submission process is very simple. Follow the steps below to complete the transaction:

1. Open the digital wallet where you store your cryptocurrencies. Popular wallets include Binance Wallet, Trust Wallet or Ledger if you use hardware.

2. Select the ‘Send’ option.

3. Enter the destination address provided by the person or platform you are sending the cryptocurrency to. Double-check it to avoid mistakes.

4. Add the amount you want to send.

5. Watch out for the network fee. This is required for the transaction to be processed by the miners and can vary depending on how busy the network is. Higher amounts allocated for the network fee will ensure faster confirmation.

6. Click “Send”.

Important reminders:

• Transactions are irreversible. Once sent, a transaction cannot be canceled. Double-check the address at least twice before sending.
• Do not make payments to strangers or to people who promise exaggerated profits. This is a clear sign of potential fraud.

How do I check if the transaction has been confirmed and the cryptocurrency has reached its destination?

Once you have sent the cryptocurrency, you need to make sure that the transaction has been processed and the cryptocurrency has reached the recipient. Follow these steps:

Use a blockchain explorer

1. Copy the destination address or transaction ID from your wallet.

2. Access a blockchain explorer such as Blockchair or Coin.cz.

3. Enter the address or transaction ID in the search bar.

4. Check the transaction details, including the number of confirmations. Most platforms consider a transaction valid after at least 3 confirmations.

What should you see in the transaction status?

• “Pending: The transaction has not yet been confirmed. It may take several minutes to several hours depending on the network charge.
• “Confirmed”: The transaction has been successfully processed and the funds have reached their destination. Congratulations!

To remember:

• Validate the recipient’s address before sending.
• Pay attention to network fees and set your transaction priorities.
• Use reliable tools to monitor the status of your transactions.

Want to find out more? Read our article: “How to buy bitcoin in Romania? A beginner’s guide”

We hope this article has helped you better understand bitcoin. Don’t forget, our blog is a valuable source of information, so explore the articles and materials we have prepared for you.