It's 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 top cryptocurrencies at this time, nobody knows in regards to the precise 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 maintain its place in the monetary markets. Well, the following listed reasons could give you an concept of its fashionableity and a bit of proof as to its continued safe future existence.

Bitcoin is the primary decentralized digital currency.
Bitcoin is an impartial free-floating currency which is neither owned by any government nor related with every other currency for it to influenced value clever by the economic indicators that govern the worth of traditional currencies.
With its growing fashionableity among the many lots, it now enjoys an increased level of acceptability in any respect levels, for example, now you can purchase stuff with Bitcoin cryptocurrency directly and likewise trade it at completely different platforms equivalent to CoinBase, Bitfinex, Bitstamp, Kraken and more.
All you want 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 few clicks.
Your privateness is safe as compared to different modes of payments over the internet where your vital information may be leaked and misused.
While transferring money via the traditional strategies it's important to pay fees depending on the volume of your transactions and further, these transfers are subject to your particular regional and state regulations. While transacting in Bitcoin cryptocurrency does not require you to be certain by any state regulations and additionalmore, you don't 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 due to the shared public ledger and anyone can confirm a transaction at anytime from wherever around the world using the internet.
One other advantage of having a Bitcoin cryptocurrency wallet is that your account cannot be frozen.

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