Biggest bitcoin transaction - level 1

Biggest bitcoin transaction - level 1

02-04-2014 15:00

A villa is sold. The villa is in Bali. The building is sold in bitcoins. People pay 1,000 bitcoins for the villa. That is around 600,000 U.S. dollars.

The buyer is from Texas. We don’t know who it is. The building has two bedrooms, two bathrooms and a private pool.

Bitcoin is digital money. It is not yet legal. Leaders of countries can make it legal.

Difficult words: sell (give for money), buyer (person who buys something), leader (boss).

You can read the original story and watch the video in the Level 3 section.

Are bitcoins a good idea?

How to improve your English with News in Levels:



  1. Read all today's articles and translate all words which you don't understand.
  2. Read the articles from the day before and see if you remember all new words.


  1. Listen to all today's news.
  2. Stop the video after every sentence and repeat the sentence.
  3. Repeat point 2 for the news which you listened to the day before.


  1. Answer the questions under today's news and write them into the comments.
  2. Chat in the  Chat room for at least 2 minutes. You can write about today's news.


  1. Choose one person from the SKYPE section.
  2. You can talk about today’s news or you can answer questions from
If you want to know how to learn English effectively, please visit

1) Watch this video about News in Levels

2) Practice your English every day for free!

We will send you articles from News in Levels every day to your email. You can stop them at any time.