What is Cryptocurrency?
Cryptographic money is a computerized cash that has a similar reason as actual cash, which is to go about as a mechanism of trade. In this way, individuals can utilize cryptographic money to pay for labor and products, yet it’s all the more generally known as a theoretical sort of speculation resource.
Otherwise called “crypto,” cryptographic money involves blockchain innovation to record exchanges in a record framework. The main part of this innovation is that it very well may be seen openly however it can’t be changed or constrained by any single substance, making cryptographic money secure for online exchanges and almost difficult to fake
How works Cryptocurrency exchange?
A cryptocurrency exchange acts like an intermediary — a brokerage firm — between a buyer and a seller of cryptocurrency. .It charges a set commission or fee for every transaction done using its services. It allows a buyer to deposit money using several methods like direct bank transfer, UPI, using debit or credit cards, etc.
It’s that Crypto is Legal⚖ ?
About Crypto is not be clear is that legal Depend On Country's. Many countries have banned cryptocurrency For Example ….
In May 2021, the Asian country decided to ban Chinese financial institutions (mostly banks) from providing services relating to cryptocurrencies. And China isn’t alone. According to the Law Library of Congress report of November 2021, 51 countries have taken the step of banning cryptocurrencies, either implicitly or absolutely.
In addition to China, eight other countries have absolute bans on these digital currencies. Algeria, Bangladesh, Egypt, Iraq, Morocco, Nepal, Qatar and Tunisia have all chosen to unilaterally ban exchanges and services surrounding cryptocurrencies.
CAN WE EARN from cryptocurrencies?
Yes why not There are many ways to earn money from cryptocurrency.
AND its 100% Genuine.
3 ways to make money from crypto
- Mining crypto
Mining Crypto is the process by which new bitcoins (its one of Crypto)are entered into circulation. It is also the way the network confirms new transactions and is a critical component of the blockchain ledger’s maintenance and development. Mining crypto and gets Reward to crypto to solve hash##
2.INVESTMENT
Investing is the long-term strategy of buying and holding crypto assets for some time. Crypto assets are generally well suited to a buy-and-hold strategy. They are very unpredictable temporarily yet have gigantic long haul potential for developments.
The investing strategy requires you to identify more stable assets that will be around for the long term. Assets such as Bitcoin and Ethereum and many crypto have been known to show a long-term price increase and can be considered a safe investment in this regard.
3.From Social Media
Multiple blockchain-based social media platforms will reward you for creating and curating content. You are often rewarded with the native coin of the platform.(Disclaimer-even you invest in crypto and mining Please get info that's giving you more earning)
