Cryptocurrencies are usually built using blockchain technology. Blockchain describes the way transactions are recorded into “blocks” and time stamped. It’s a fairly complex, technical process, but the result is a digital ledger of cryptocurrency transactions that’s hard for hackers to tamper with.

A good reason to invest in cryptocurrency is the urge for a reliable, long-term store of value. Unlike fiat money, most cryptocurrencies have a limited quantity, capped by mathematical algorithms. This makes it impossible for any political body or government agency to weaken their value through inflation. Moreover, due to the cryptographic nature of cryptocurrencies, a government body can’t tax or confiscate tokens without the help of the owner.

Benefits of Cryptocurrency Trading

  • Tax-efficient trading
  • Trade in any direction – Selling is just as accessible as Buying
  • Profits are made 7 days a week, 24 hours a day!