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It's 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 many top cryptocurrencies today, nobody knows concerning the actual origin of the currency nevertheless 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 maintain its place in the monetary markets. Well, the following listed reasons may provide you with an thought of its fashionableity and a piece 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 government nor related with another currency for it to influenced worth clever by the financial indicators that govern the value of traditional currencies.

With its rising in styleity among the many masses, it now enjoys an increased level of acceptability at all levels, as an example, now you can purchase stuff with Bitcoin cryptocurrency directly and in addition trade it at completely different platforms corresponding to CoinBase, Bitfinex, Bitstamp, Kraken and more.

All you need is a wallet and an internet connection to make a peer to look 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 privateness is safe as compared to other modes of payments over the internet where your vital information can be leaked and misused.

While transferring money through the traditional methods it's a must to pay charges depending on the amount 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 sure by any state regulations and furthermore, you don't incur heavy charges 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 clear due to the shared public ledger and anyone can verify a transaction at anytime from anywhere all over the world utilizing the internet.

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

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