The Crypto currency was designed to work as a medium of exchange with full security of transaction also verify the transfer of asset, it was not intended to create currency, the main purpose to introduce such system is to eliminate the work of mediator where I can buy crypto in Nigeria, build decentralized digital cash system and transaction done directly between person to person this is why it is different from normal government regulated currency https://bitpapa.com.
The identification of Satoshi Nakamoto is still mystery. Some programmers claimed that they made numerous attempts to identify the person or group but still no one has satisfactorily resulted to conclude. Satoshi Nakamoto gave personal details claiming the citizen of Japan and has been born April 5, 1975 and this is the only detail we have ever know about him. There was a safety concern that’s why Satoshi Nakamoto didn’t reveal his identity.
Profitable to invest in it
There are many types of Cryptocurrency before investing in global P2P marketplace you have to know all of those:-
- Bitcoin which was invented In 2008
- Litecoin lunched in 2011 based on open source global payments and the word “sync” is used as a proof of work.
- Ethereum it is a software platform which run without any downtime and interference from third party.
- Zcash is an open sourceCryptocurrency it offers its user the choice to shield the transaction.
Many other types are available which provides different facilities and process. Investors keep on looking at its rate and then invest in it to gain the profit because of this the number of investor are increasing in Cryptocurrency ad it is predicted by experts that soon its price going to hike more and more.
How can you make transactions with bitcoins?
Transactions can be made easily on your smartphones as long as you have a bitcoin account ad wallet. This proves that bitcoins are easily accessible and have mobility. So, what are you waiting for? Get free bitcoin within minutes, today!
Almost each and every one of us is familiar with the name Bitcoin. As of its definition, it is crypto-currency, so now the question is what is the crypto-currency? Basically, crypto-currency is a digital/virtual asset. Digital asset means anything that exists in binary format. It simply means that we can’t see it because it is not a physical asset.
Convert it into money is as simple as to do online transaction
At first you need to create wallet as it is necessary to have at least one wallet than receive crypto currency in it after that you can sell or exchange it on current rate and transfer to your bank account. Only thing which you have to mention is never mention or share the pass code or keyword to anyone if you share than that person can have access to your account without your knowledge.
Hence, this is standardized policy backed by the software which don’t have any human agenda, the process to earn with it is bit complicated but once you come to know than it will be easy to use.