Category Archives: Cryptocurrency Info

How Bitcoin Works in 5 Minutes (Technical)

Bitcoin is a fully digital currency, and you can exchange bitcoins between computers in a worldwide peer-to-peer network.

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What Is Cryptocurrency?

Cryptocurrency is e of the most frequently asked questions out there. What is cryptocurrency? To make it simple, cryptocurrency is a digital version of money where the transactions are done online. According to Wikipedia, a cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. A cryptocurrency is a medium of exchange just like your normal everyday currency such as the USD, but […]

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Why Buy Cryptocurrency

Like most things tech, the realm of cryptocurrency can be a bit complex to master and is still new to many. But the advantage of purchasing this currency is surely worth your investment in both time and money. Experts have also predicted that it may be the next big thing in finance. As a digital asset that serves users online, Cryptocurrency has many appealing benefits. Some of this is thanks to the Blockchain Technology previously mentioned. It is a strictly monitored process with encrypted transaction and control […]

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No Third-Party Involvement

Cryptocurrency Secrets

The first advantage of Cryptocurrency is its well-known “No Third-Party Involvement. There’s always a pattern when using traditional money to buy yourself a new property, setting up your own business, or buying a new car. One way or another, the process requires a third-party involvement. We are talking lawyers, owners and some others external factors such as, delays, documentations and extra fees. This in general will consume unnecessary time, money and energy to the point of giving up. A good example of this scenario would be you […]

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What Can Cryptocurrency Be Used For?

Cryptocurrencies can be spent for different purposes and the best part is, all transactions are completed online! There are 3 different transactions that can be performed when using cryptocurrency: 1. Bitcoin Trading Bitcoin trading can be very profitable for both professionals and beginners. The market is new, where arbitrage and margin trading is widely available. The currency’s high volatility has also played a major role in bringing new investors to the trading market. 2. Personal Spending You can use Bitcoin to purchase almost anything! From buying cars […]

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