what is cryptocurrency
In this rapidly growing digital world, e-commerce has also taken a digital form and this digital currency is called crypto currency, such as Bitcoin, whose name has been heard many times and how it is used, what are its benefits.
You will get answers to such questions in this, so let us know today about crypto currency. Crypto currency is a virtual currency which was introduced in 2009 and earlier the most popular crypto currency was Bitcoin.
Crypto currency is not like real coins or notes. That is, we cannot hold e in our hands like money, we cannot even keep it in our pocket, but it remains safe in our digital wallet, that is why you can also call it online e because it exists only online and payment made through bitcoins. happens through computer
cryptocurrency what are the benefits
Well, friends, you already know that the government has complete control over our Indian Rupee and similar Euro Dollar but there is no such control over crypto currency like Bitcoin. There is no government authority over this virtual currency like the Central Bank or any other.
There is no control of the country and agency, that is, Bitcoin does not follow the traditional banking system, but keeps getting transferred from computer wallet to another wallet.
It is not that Bitcoin is the only such cryptocurrency, but there are more than 5000 different such cryptos. currency is available
Some popular crypto currencies are
Ethereum, Ribbon, Lite Coin, Tether And libra You can invest in these and like Bitcoin, you can buy and sell them easily.
Yes, it is a different thing that at present the most popular crypto currency is Bitcoin and you can get an idea of how popular it is from the fact that Now many companies in the world have started accepting Bitcoin payments and in the future, the number of these companies will increase rapidly.
In such a situation, everything can be done like shopping, trading, food delivery, traveling using Bitcoin. In India, even if slowly, Bitcoin payments are becoming popular. Crypto currency is becoming a popular form in India. One reason for this slow speed was its illegality. Crypto currency was created by RBI but now in March 2020, the Supreme Court has removed this bank.
crypto currency in India. It has become legal to do so and hence the number of crypto currency users has started increasing in India too. The second important reason why crypto currency like Bitcoin is not becoming popular rapidly in India like other countries is our concept.
If you want to invest then you should do it in mutual fund shares and gold only.
But investing in this new currency of the new age has its own advantages, such as in this you can do transactions easily and quickly. With this, international transactions can be completed.
You have to pay negligible transaction fees in this. There is no middleman and these transactions are more seeker and confidential. Now tell me whether investment and then Bitcoin is a new concept.
Investing in a new currency has its own benefits.
Big companies like Facebook, Paper, Amazon and Walmart are associated with crypto currency, and even Elon Musk, who is the richest person in the world today, personalities like Jack Dorsey, Mike Tyson and Kanye West are also involved in crypto currency, China, Japan, Spain and Romania. In countries like Cryptocurrency Berth, you will get Bitcoin and you will get the same benefit on referring your friends, hence go to the description and download this app.
It is very easy to sign up for it, for which you will have to enter your mobile number and OTP. After doing that the process will have to proceed, after this you have to set a 4 digit PIN and in the next step you will have to do KYC after which you will be able to start investing.
For KYC, you will have to enter your full name, date of birth and email ID and enter the OTP received on email. After this, in the next step, you will have to do PAN card verification, after which to verify the national identity, Aadhar card or passport or You have to verify any one of the Voter ID and complete the process by clicking your selfie.
In the next step you will mention the details of your bank account so that you can buy and sell this digital currency. After this you will have to go to Coin Switch Kuber. Coin Switch Kuber is available on Google Play Store and its iOS app has also been launched now.
You can also tell your iPhone friends about it and get iPhone 11 free bitcoins and up to Rs 50 lakh by referring your friends.
Its iOS app has also been launched now, so you can also tell your iPhone friends about it.
You can also get it as a gift, so friends, after this exciting information, you should also know that while investing in cryptocurrency, you have to remember that you can get a lot of profit in it but the risk is also high in it, hence any crypto currency.
Before buying, do some research on it so that you can know how the performance of the crypto currency was in the last week and last month.
This will give you an idea of the profits made from it and the fluctuations in it so that your investment remains interesting.
How fast will cryptocurrency spread in India and what will we be able to buy with it, it will be known only in the future, but now if you want to do it wisely, you can get profit, then friends, read this. Through this you must have come to know a lot about cryptocurrency and some support.
We hope that it might have updated your knowledge a bit and also been helpful for you, so do like and share it.
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