Wednesday, July 9

Tag: VIRTUAL CURRENCY

Reasons To Invest In Cryptocurrency And Start Trading
Cryptocurrency

Reasons To Invest In Cryptocurrency And Start Trading

Cryptocurrency, broadly defined, is a digital or virtual currency powered by blockchain technology that has transformed the financial sector in the past few years. Cryptocurrencies are like real money but are decentralized, which means they are not managed or governed by any central authority like banks or governments. While cryptocurrencies are highly volatile as their value can plummet precipitously, the bright side is that they can go to the moon overnight and bring you a fortune. Accordingly, it is no surprise that they have soared in popularity and that more than 100 million people in the world have invested in crypto, fueled by the desire to get rich quickly. Let's dig a little deeper into why you should consider buying and trading cryptocurrencies. Make Incredi...
The Impact of Cryptocurrency on the Financial World
Cryptocurrency

The Impact of Cryptocurrency on the Financial World

If you have been following global trends, especially in the financial sector, then you no doubt must have heard of cryptocurrencies. In the last few years, the popularity of cryptocurrencies has soared. A cryptocurrency is a virtual currency. It is primarily used as a medium of exchange. Cryptocurrencies make use of cryptography in both making new units of currency as well as in securing transactions. The use of cryptography makes it that coins are significantly harder to create (hence making it difficult for counterfeits to be made) while making it easy to verify transactions.Bitcoin is the most popular type of cryptocurrency, and in most cases, people interchange the two terms. Bitcoin has enjoyed massive success, although there are lesser-known cryptocurrencies like Ripple,...