It has been over a decade since cryptocurrency has started to fascinate folks over social media and especially over the internet. Bitcoin has been able to rank among the high cryptocurrencies at the moment, nobody knows in regards to the actual origin of the currency nonetheless it popped up in mid 2008 associated to a Japanese pseudo name "Satoshi Nakamoto".

So, what exactly is this Bitcoin Currency and why has it been able to sustain its place within the financial markets. Well, the next listed reasons may give you an thought of its recognition and a chunk of proof as to its continued safe future existence.

Bitcoin is the first decentralized digital currency.
Bitcoin is an impartial free-floating currency which is neither owned by any authorities nor related to some other currency for it to influenced value sensible by the financial indicators that govern the worth of traditional currencies.
With its rising popularity among the many plenty, it now enjoys an elevated degree of acceptability in any respect levels, as an example, now you can purchase stuff with Bitcoin cryptocurrency directly and in addition trade it at totally different platforms comparable to CoinBase, Bitfinex, Bitstamp, Kraken and more.
All you want is a wallet and an internet connection to make a peer to peer Bitcoin transfer.
In most cases the transfers are instantaneous.
The comfort of making transactions over the internet or your mobile phone with a few clicks.
Your privacy is secure as compared to different modes of payments over the internet where your important information will be leaked and misused.
While transferring cash via the traditional strategies you have to pay fees depending on the amount of your transactions and additional, these transfers are subject to your explicit regional and state regulations. While transacting in Bitcoin cryptocurrency doesn't require you to be certain by any state regulations and furthermore, you do not incur heavy fees on the transactions.
Since you are the only one who has access to your electronic wallet, your coins are always safe with you and no one can steal your money. The process and transactions are clear as a result of shared public ledger and anyone can confirm a transaction at anytime from wherever around the world using the internet.
One other advantage of getting a Bitcoin cryptocurrency wallet is that your account can't be frozen.

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