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Showing posts from June, 2021

How Investing in Cryptocurrency Will Benefit You

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In the world of digitization and digitalization, cryptocurrencies are regarded as risky businesses, but at the same time, if you decide to invest in them, you may get several benefits and it depends on your knowledge, luck, and experience. You need to fully understand how everything works and what you need to start this business if you are thinking about invest in the crypto market. The main purpose of this article is to find out all the possible benefits of cryptocurrency so that you can decide whether it is for you or not. 1. Provide a secure transaction Cryptocurrency provide a simple and fully secure transfer of funds between two people or businesses. It is private and public keys that are used to confirm the security, and the bonus is that the fees for said transfer are extremely negligible. At present days you need to protect manually from hackers more than ever, this is an important benefit.  2. It offers transparency All types of transactions are kept under transpar...

What Can You Expect from a Cryptocurrency Exchange?

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  As cryptocurrency prices rise and fall, so do its exchanges. Just this week, there was a news story that caused a dramatic slump in cryptocurrencies. People waiting for the much-anticipated cryptocurrency market bubble were disappointed, although there's no way to know if such an event will happen. Digital Yuan  is a digital currency which is used in China.  With that said, the price of bitcoin was up for the week, and others such as ethereum and ripple also saw a slight gain. But the overall cryptocurrency market has been going up in the past few weeks. According to CoinMarketCap, bitcoin was up nearly 18 percent as of Dec. 5th. While you can speculate that the market may be experiencing a bubble, a cryptocurrency exchange such as Coinbase gives the best insight into what is happening in the cryptocurrency world. Like most popular online platforms, Coinbase offers a wide range of currencies to buy, trade, and store. There's bitcoin, litecoin, ethereum, and a...

Don’t Worry, China Is Not Banning Cryptocurrency

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In China, the electronic cash system was published in Bitcoin in 2008 due to the financial crises. People worldwide attract to Bitcoin those days for its use of blockchain technology and as an alternative to commodities and fiat currencies. But, nowadays, the administration of china put a new set of rules and regulations to ban cryptocurrency. However, china’s government had done it in past years. Still, now the government has blocked the access of foreign exchanges to stop the citizens of China from carrying any cryptocurrency transactions. A notice: When the first time  digital Yuan   and Bitcoin come to china, it gains a lot of popularity across the country and among china’s people. As a result, the bank of china and five other government ministers published an official notice due to the price speculations and volatility. Those days, the price of Bitcoin was high. And that notice was related to preventing the financial risk of Bitcoin. Here are some highlighted points f...