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How safe is crypto currency?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

 

The blockchain technology backing cryptocurrency has become secure and for making it secure all credit goes to decentralized and public nature of distributed ledger technology and the encryption process and crypto currency exchange software solution through which every transaction is secured and goes easily.

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Evie Threlkeld commented 12 months ago

Crypto currency is a relatively new form of digital money. The way it works is by using cryptography to regulate the generation of units, verify transactions and ensure security. It can be mined like gold or silver, but unlike precious metals it doesn't require an industrial process to extract the raw materials. But how safe are crypto currencies? While they're not backed by governments - which means that if there's a problem with your account you can't just call up somebody for help - this also means that they don't have any interest rates attached either. I recommend you this website <a href="https://myinvestmentmindset.com/">myinvestmentmindset</a> for all the information about Cryptocurrency.

christina bay commented 11 months ago

Crypto is safe for trading it only depends on you that how you trade and secondly you must have awareness like <a href="https://webdesignersagency.com/"> web designers agency</a> have always aware about the market and always tries to give best web development services to its clients.

6 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Bitcoin https://coinspaid.com/ is one of the first digital currencies to use peer-peer technology to facilitate instant payments. The independent individuals and companies that have the computing power and participate in the Bitcoin network are made up of nodes or miners.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Crypto currency is a relatively new form of digital money. The way it works is by using cryptography to regulate the generation of units, verify transactions and ensure security. It can be mined like gold or silver, but unlike precious metals, it doesn't require an industrial process to extract the raw materials. But how safe are cryptocurrencies? While they're not backed by governments - which means that if there's a problem with your account you can't just call up somebody for help - this also means that they don't have any interest rates attached either. I recommend you this website for all the information about Cryptocurrency.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

There was an era of fiat currencies and now it is considered to be that of cryptocurrencies like bitcoin. It all depends upon proper understanding of the types of currency system so as to determine life quality in future. To make our present and future promising we need to be wise as regards currncies. The most wise ones will be rulers and te ignorant will, perhaps, suffer. คริปโตคืออะไร

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Interesting information. I own a variety of cryptocurrencies and always read cryptocurrency news to keep abreast of changes in general. By the way, I want to ask, which cryptocurrency exchanger do you use? Can I buy bitcoin with credit card no verification? I think it is good enough and if you are into cryptocurrency you should try it too.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

I really like that cryptocurrency will be available to you at any time and place. No matter where you are, you can always exercise control over your digital money. You can also transfer money on the card into bitcoins just sitting at home. learn more here

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Hi guys! I wonder if it is easier to trade foreign currency than cryptocurrency because I want to start trading but I doubt it. I would be glad to any advice

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Frod0Beg commented about 1 year ago

Thanks

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