Hello!

January:23,2022
Publish By:Zeeshan-jee
Article No: 01

I hope that you all are fine and enjoy your beautiful life.

I realise that many peoples in the world even don't know what the cryptocurrency is.In pakistan many people don't know about it. That's why i am writing my first article on cryptocurrency and it's benefits .

Cryptocurrency:

Cryptocurrency or crypto currency (cryptocurrency of the Saxons) is a virtual currency that is used to exchange goods and services through electronic transaction systems without having to go through intermediaries. The first cryptocurrency to be traded was Bitcoin in 2009 and since then many others have emerged with other features such as Litecoin, Ripple, Dogecoin and others.

Benefits:

If you compare cryptocurrencies to the money on the ticket, the differences are:

Divided into countries: not controlled by any bank, government or financial institution.

You are anonymous: Your privacy is protected during the transaction

They are international: everyone works with them

You are safe: your coins are yours and no one else's, they are stored in a private wallet with a non-transferable code that only you know.

Non-Refundable Transactions:

Bitcoin and other tangible currencies can be exchanged for any global currency.

They cannot be faked because they are encrypted using a complex cryptographic system

Unlike currencies, the value of electronic currencies obeys the oldest rule in the market: supply and demand.It is currently over $ 1,000, and like stocks, it can go down or down in terms of supply and demand.

Origin of Bitcoin:

Satoshi Nakamoto in 2009 introduce Bitcoin and it is the first cryptocurrency.

The only difference is that you can only perform tasks within the network.

Bitcoin refers to the currency and the red P2P and protocols it relies on.

Bitcoin:

Bitcoin is a virtual and intangible currency. That means you can't touch anything like coins or notes, but you can use them as a form of payment in the same way as this.

In some countries, you can make money with electronic debit card sites that exchange money for cryptocurrencies such as XAPO.

Spatial segregation is undoubtedly what separates Bitcoin from traditional currencies and other visible payment tools such as Amazon Coins, Action Coins. Bitcoin is not controlled by any government, institution, or financial entity, public or private, such as the euro controlled by the central bank or the dollar controlled by the United States Federal Reserve.

With bitcoin, they indirectly control real users through their transactions via P2P (point-to-point or point-to-point) exchanges. This structure and lack of control make it impossible for any government to control its value or cause inflation through more productivity. Another interesting detail about Bitcoin is the limit of 21 million coins it will reach by 2030.

Bitcoin Cost:

As mentioned, the value of bitcoin is based on supply and demand and is calculated using an algorithm that measures the size of transactions and transactions involving bitcoin in real time. Bitcoin is currently priced at $9,300 (as of March 11, 2018), although this value is no less stable and Bitcoin is considered the most volatile currency in the forex

Trade in Cryptocurrency:

Cryptocurrency is nothing but digital money created using encoding techniques. It is based on the same control system. Now let us understand how to profit from trading in this market.
It cannot be reversed or faked.

It cannot be reversed or faked:

While many people may argue that the transactions made are irreversible, the best thing about cryptocurrencies is that transactions are confirmed once. New blocks are added to the blockchain and then transactions cannot be faked. You become the owner of this block.

Online Transaction:

Not only makes it suitable for transactions from anyone around the world, but also facilitates transaction processing speed. Compared to real-time cryptocurrency all you need is a computer and a potential buyer or seller when you need to put a third party in the picture to buy a house, gold or take out a loan. The concept is simple, fast and full of returns on investment prospects.

Low cost per transaction:

There are few or no fees charged by miners during transactions as they are handled by the network.

Accessibility:

The concept is so convenient that anyone with access to a smartphone and laptop can access and trade the cryptocurrency market anytime, anywhere. This affordability makes it more profitable. With a commendable return on investment, many countries such as Kenya have adopted the M-Pesa system, which enables bitcoin devices that now allow one in three Kenyans to own a wallet containing bitcoin coins.

Cryptocurrency is undoubtedly a revolutionary concept that will see prosperous growth in the years to come. At the same time, the concept is a bit ambiguous and new to most people. To find out how it works, here is some cryptocurrency news. Go ahead and enlighten yourself a bit more about what this whole concept is and how it can benefit you.

I'm visiting id of these fellows on read.cash before writing my article.I'm inspiring by them.Because there articles are very informative.

@HappyBoy @Greatwolfman @Lucifer01 @Rufa @BCH-lover @HattyHats @Abubakar450 @Rajpoot-Bhatti. @Fexonice1 @Trofi01 @Cassandra143

The lead image is made from canva app.

Plagiarism:

There is no plagiarism in this content.This content is genuine and written by

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