The Advantages Of Cryptocurrency You Need To Know

For those of us who are still laymen, of course, don’t understand what Cryptocurrency is? The easy way, Cryptocurrency which is a digital currency that uses a cryptographic system so that it cannot be faked and cannot be easily stolen. Then how do you do business with Cryptocurrency? You can learn it easily via this link http://nychold.org/.

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Then, what are the advantages of this Cryptocurrency? Check out below.

– Getting Money from Cryptocurrency
To be able to get money from cryptocurrencies, we can use several ways, we can choose which way we want to use.

– Trading and Mining
The first way to get Cryptocurrency coffers is by trading and mining. We need capital to trade. This capital is what we will sell and buy when trading and get profit from it. This method is quite risky, if we predict wrongly, instead of getting a profit, the loss we get.

If we don’t have enough capital, we can do Cryptocurrency mining or better known as mining. Cryptocurrency mining activities do not require to be traded. Simply by using a laptop or PC that we have, we can get Cryptocurrency coins that we can collect. To get the most from cryptocurrency mining, we also need qualified computer specifications.

– Playing games
Many people say that playing games is a waste of time and is self-defeating. This assumption is not entirely correct. There are platforms like Tron and Ethereum, both platforms give rewards to players who complete a game. The prizes given were not playing games, Cryptocurrency was the main prize.

If we like playing games such as adventure, action, and gambling games, we can channel our hobbies as well as get money from there. The cryptocurrency that we get from this game can be exchanged for rupiah and US dollars.

– Referral System
The third way to get money from Cryptocurrency is to use a referral system. Cryptocurrency provider platforms often use this method to get new users. Old users have a specific referral code that can be shared with friends to use the same application or platform. This new user is asked to enter the referral code from the old user.

Old users will get some Cryptocurrency money when the referral code is entered by new users. Likewise, new users will get some money when entering the referral code from old users.

– Initial Coin Offering (ICO)
When there is a new project in the digital world, usually the owner will look for Cryptocurrency investors to build the project. We can benefit by joining Cryptocurrency (ICO). The benefits that we will get, of course, after the project is complete and running. Since 2017, this ICO program has become popular and has been widely used by Cryptocurrency businesses to make a profit.

– Accept payments with Cryptocurrency
We usually get payments from a business in the form of ordinary currency such as rupiah or dollars. Now, we can agree with clients to get payments using Cryptocurrency. We can make this payment as an investment considering that the value of this cryptocurrency can go up in a short time.