Looking back at the times when seems no one or I say few only believe the potential and opportunities cryptocurrencies will bring in our economic and social aspects as of this day.
For some reason after the successful launched of Bitcoin when it was officially released in the market last 2009, many cryptocurrencies are now available in capitalization market hopefully following the success of Bitcoin.
Background of Altcoins:
But for the last 2 years, there's a new and fresh challenge to it's dominance to it's strong market.
Lately, Altcoins are gaining ground and momentum against their bigger cousins. For the past 2 years altcoins attract and gathered users, communities and developers who are confident altcoins have much more potential.
At the start when cryptocurrency started released wayback 2014 boom, Bitcoin was definitely the leader in cryptocurrency universe.
This Year 2020, Bitcoin accounted for most of the fraction in cryptocurrency industry and market capitalization, then the other cryptos and token followed like Ethereum, Ripple and other currencies.
While Bitcoin is still in the lead, the rapid turnover in the industry has some analysts debating if cryptocurrencies are actually currencies. Some are predicting that even bigger changes could be ahead. Among them? The idea that cryptocurrencies could come to replace cash entirely.
Advantages of Crypto Future:
a study has shown and highlighted that the possible outcomes, cryptocurrency surpass fiat or cash currencies in the future. The good thing about cryptocurrency is the system cannot be easily manipulated unlike fiat currency. Because most if not all crypto transaction are largely decentralized and unregulated by the host government.
Cryptocurrency could allow and support the concept of universal basic income unlike how fiat money currently works. Actually, many countries are already trying and experimented in using and through distributing the universal basic income.
We have seen how cryptocurrency change how we transact online using the innovative technology of using Cryptocurrency as a method of payment. I read a report somewhere that cryptocurrency transaction help our economy because crypto accounted the vast majority of industry.
What makes Vertex Market so Special:
Vertex Capital, a private investment company in the Middle East with extensive experience in OTC trading is the parent company of Vertex Market. The technology-savvy asset company, with an in-depth understanding of financial and blockchain space, has designed Vertex Market to cater to a wide range of audiences from 200 countries, enabling them to acquire crypto assets with fiat currencies.
Variety of Payment Options
Backed by serious investors, Vertex Market ensures a seamless, cost-effective and secure crypto trading experience by offering flexible and transparent payment options. Currently, users on the platform can purchase Bitcoin , Litecoin, Ethereum, Bitcoin Cash, USDT and USDC through a variety of payment options including Credit and Debit Cards, PayPal, SEPA, Wire Transfer, Skrill, Google Pay and a host of other ewallet services. The platform also supports crypto-to-crypto purchases.
Vertex Market doesn’t insist on completing KYC requirements for users unless the trading volumes are significantly high. However, it is advisable to pass the KYC requirements as some traders may insist on dealing only with KYC verified accounts.
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Is vertex also a trading platform?