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It has been over a decade since cryptocurrency has started to fascinate individuals over social media and especially over the internet. Bitcoin has been able to rank among the many top cryptocurrencies immediately, nobody knows about the exact origin of the currency nonetheless it popped up in mid 2008 associated to a Japanese pseudo name "Satoshi Nakamoto".

So, what precisely is this Bitcoin Currency and why has it been able to sustain its place within the financial markets. Well, the following listed reasons may offer you an idea of its in styleity and a bit of proof as to its continued safe future existence.

Bitcoin is the first decentralized digital currency.

Bitcoin is an unbiased free-floating currency which is neither owned by any authorities nor associated with every other currency for it to influenced value smart by the financial indicators that govern the worth of traditional currencies.

With its growing in styleity among the lots, it now enjoys an increased level of acceptability at all levels, for example, you can now purchase stuff with Bitcoin cryptocurrency directly and likewise trade it at different platforms resembling CoinBase, Bitfinex, Bitstamp, Kraken and more.

All you need is a wallet and an internet connection to make a peer to see Bitcoin transfer.

In most cases the transfers are instantaneous.

The convenience of making transactions over the internet or your mobile phone with a couple of clicks.

Your privateness is safe as compared to other modes of payments over the internet where your vital information can be leaked and misused.

While transferring cash through the traditional strategies you must pay fees depending on the quantity of your transactions and further, these transfers are topic to your particular regional and state regulations. While transacting in Bitcoin cryptocurrency doesn't require you to be sure 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 digital wallet, your coins are always safe with you and no one can steal your money. The process and transactions are transparent because of the shared public ledger and anyone can verify a transaction at anytime from wherever around the world using the internet.

Another advantage of having a Bitcoin cryptocurrency wallet is that your account can't be frozen.

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