Beeplog.de - Kostenlose Blogs Hier kostenloses Blog erstellen    Nächstes Blog   

Marvin Mikkelson

Auch Sie haben die Balearen-Insel bereits fest im Blick, wenn es um die schönste Zeit des Jahres geh



Dienstag, 13. März 2018

ICO News

Von marvinmikkelson, 12:06
Why Should You Invest In Bitcoins?

A digital currency, Bitcoin (BTC) is generally a form of online money that works like normal currencies that are exchanged with other types of currencies. For instance, these can be purchased with USD or vice versa. The rates of these coins fluctuate in association with other currencies. This cryptocurrency is decentralized, unlike other currencies, and no single government, nation or bank is in charge of the same. Find out why you should invest in it.

Can Be Sent Easily For Payment

This is a decentralized currency, which means it can be sent to a friend or a recipient who is located miles away. The payment can be done within a few seconds without the need to get the assistance of a bank intermediary and pay any fees for bank transactions. The quickness is one of the main reasons for the popularity of Bitcoins. Rather than waiting for hours or days for a wire transfer to be completed, you can send the payment in a matter of minutes or even seconds. For more info about ICO News click here.

Low in Supply

At any time, just 21 million Bitcoins are present. This limitation in amount means it cannot be increased in number by any means unlike printing of currency by the government. The buying power of investors is retained, and there are no risks of inflation of this digital currency. Due to the low supply, Bitcoin is always in high demand, much like the Ethereum Price.

Lower Transaction Fees

These days, a number of businesses need to use MasterCard or Visa for a competitive edge. These types of cards, however, involve significant fees for every transaction during each sale. However, such substantial fees do not have to be paid by a merchant accepting BTC. Thus, they can retain more amount of money.

Offers Higher Level of Privacy

Although it is regarded as a completely anonymous currency, it is not. However, as anyone can find out from crypto news, it offers a higher level of privacy. Any transaction involving this digital currency can be observed in the public ledger known as the Blockchain. However, the contact details and name of the person involved in the transaction stay invisible. Every transaction detail is associated to a specific address, which is a string of characters and text. Although the address can be seen by others, it cannot be tracked back to you in any way. Many people like to stay anonymous from banks as well, and this privacy aspect of BTC makes the crypto-currency dearer to them.