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It has been over a decade since cryptocurrency has started to fascinate individuals over social media and particularly over the internet. Bitcoin has been able to rank among the top cryptocurrencies right this moment, nobody knows about the actual origin of the currency nevertheless it popped up in mid 2008 related 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 monetary markets. Well, the next listed reasons may offer you an concept of its in styleity and a bit of proof as to its continued safe future existence.

Bitcoin is the primary decentralized digital currency.

Bitcoin is an independent free-floating currency which is neither owned by any government nor related with some other currency for it to influenced value sensible by the economic indicators that govern the value of traditional currencies.

With its rising standardity among the masses, it now enjoys an elevated level of acceptability in any respect levels, for instance, now you can buy stuff with Bitcoin cryptocurrency directly and likewise trade it at totally different platforms reminiscent of CoinBase, Bitfinex, Bitstamp, Kraken and more.

All you need is a wallet and an internet connection to make a peer to peer 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 different modes of payments over the internet where your vital information could be leaked and misused.

While transferring cash by the conventional methods it's a must to pay fees depending on the quantity of your transactions and additional, these transfers are topic to your particular regional and state regulations. While transacting in Bitcoin cryptocurrency doesn't require you to be bound by any state laws and additionalmore, you don't 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 nobody can steal your money. The process and transactions are transparent because of the shared public ledger and anybody can verify a transaction at anytime from anyplace all over the world using the internet.

One other advantage of getting a Bitcoin cryptocurrency wallet is that your account cannot be frozen.

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