[Crypto] What Is Crypto Coin For?

As we know, Cryptocurrency is considered a high-risk investment tool. On the other hand Cryptocurrency is considered to have many useful uses for the owners of these digital assets. This article will discuss what cryptocurrency is for?

Read : Bitcoin Mining can Pollute the Environment

Investment

The first is Long-term Investment, Crypto Investment is a popular thing among investors today, because its price that can increase continuously makes many people believe in crypto digital assets for future investments.

Examples of Bitcoin Cryptocurrency assets since its inception in 2009 have not had prices only ranged ($0.0008), but in 2010 the price became expensive ($0.08). Within 10 years, Bitcoin became popular, costing $19,200/Bitcoin.

For this reason investors are vying to own Bitcoin and other Cryptocurrencies. Bitcoin is widely believed to be a digital gold to counter inflation by Central Banks around the world.

Trading (Active)

Crypto is often used for trading, activities such as buying and selling and exchanging crypto assets. Today's Trader's activities have become a popular job. The freedom to go in and out of the Crypto market is the reason for the large number of Crypto traders.

Volatile prices become an attraction for people to plunge into a Trader, because the opportunity for traders to profit by benefiting from the price of crypto that quickly rises and quickly falls. When the price falls, the trader buys crypto assets, then the trader will sell the crypto when the price rises to make a profit.

Crypto Transfer To Any Country

Another use is to send Crypto to the rest of the world very easily and tax a small one. In addition, crypto delivery is fairly fast compared to sending money through banks.

Cryptocurrencies can send without the help of third parties such as banks, in addition the delivery is real-time (it only takes a few minutes).

For example: You are in Turkey wanting to send Money to Your Friends who are in the US. The delivery process takes 5 days and the tax costs 30$. However, with cryptocurrency the transaction process takes only a few minutes and seconds, and the tax deduction is less than 3$.

Donation

Life will not mean if we do not worship, it is good that the treasures that we donate to the needy. The next cryptocurrency to be donated. You can use crypto assets to help others, such as helping projects achieve one's goals.

Read : [Crypto] How to Trade Cryptocurrency?

Want to donate?

Please log in to trusted sites, such as the Human Right Foundation or UNICEF. Please Click the link below.

Human Right Foundation (Accept donations in BTC/ETH)

UNICEF (BTC,ETH,BCH,LTC,USDT)