As the global financial landscape evolves, investors face a pivotal question: Should I invest in cryptocurrencies or stick with traditional assets? This article dives deep into the long-term profitability, risk, volatility, and future potential of both asset classes to help you make an informed decision. Looking to get started with forex trading? AvaTrade offers a […]
Crypto exchanges are like marketplaces for cryptocurrencies, allowing users to buy, sell, trade and store their crypto holdings
Users can enjoy the security, privacy, and decentralised nature of Bitcoin for a wide array of services
The points that usually recur concern whether crypto should be legitimate, stable, safe and centralised, as opposed to being global, volatile and anonymous
As more regulations come into force, so will confidence in Bitcoin investment grow
Regulating crypto would result in a safer crypto market, but it would give central authority figures power over a decentralised market
They offer a secure, fast and decentralised method of processing transactions
Traders who familiarise themselves with the rules and ensure tax conformity may enter the crypto world with confidence
This mechanism is embedded in Bitcoin’s design to control its inflation and ensure a finite supply
As individuals learn how to trade crypto, they are drawn by the promise of high returns, despite the volatility associated with these digital assets
Currency trading will never be the same
As Africa’s crypto adoption numbers continue to break records, startups in the space are attracting ever-more funding
A bill that made bitcoin legal tender alongside the Central African franc and legalised the use of cryptocurrencies has been unanimously adopted