Contest alert||Crypto adoption||1 booming+2 SP

in Steem4Bloggers23 days ago
Assalam-0-alaikum

How are you all steemians? Hope you all will be fine and enjoying your summer season. I'm fine too Alhamdulillah. Today I'm going to participate in the contest organized by @khursheedanwar in the steem4bloggers community.So let's start discussion about the topic of the contest without wasting any time.

What is most widely accepted cryptocurrency according to you?(Write any three)

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The three cryptocurrencies which are widely accepted are the following. Bitcoin, Ethereum and binance coin.
• Bitcoin

The first, well known coin of cryptocurrency is the Bitcoin often called as digital gold. It was introduced by an unknown person or made by people in groups who were using pseudonym Satoshi Nakamoto in the year of 2009. This cryptocurrency is decentralized,it means that it can operate without any type of central authority such as government or any financial company.The technology of blockchain is used in the Bitcoin cryptocurrency which enables it to be secure and irreversible transections.
• Ethereum

Other popular cryptocurrency after Bitcoin is the Ethereum , introduced by Vitalik Buterin of 2013 year. This cryptocurrency is also called as ETH, It introduces the contracts.
• Binance

Binance coin also called as BNB , native cryptocurrency on the binance exchange. It was created by Binance to used in the trading of cryptocurrency and Saling of tokens.

What kind of cryptocurrencies are you interested in investing in?

I would like to invest in the exchange tokens. They are issued by exchange of cryptocurrency such as BNB. They can be used in the system of exchange for the discount of fee of trading, can participate in the sales of tokens and other profits.

Which of following companies you know that has started to accept crypto payments?

There are several companies that have started to accept cryptocurrency payments in the form of transection.
• PayPal:

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It's a famous method of online transactions, it has an integral role in the service if cryptocurrency. It allows the users to sell, buy, and also allow them to save their cryptocurrencies such as those of I have mentioned above in the first question Bitcoin, Ethereum and binance.

• Microsoft:
it is a company of technology which has been accepting the payments of Bitcoin since the year of 2014. This allows the customers that they can add their funds in their Microsoft accounts.
• Tesla:
The manufacturer of the electric car, Tesla, made it, when it was announced that the customers can buy their cars by using their Bitcoins. But later Tesla was suspended because of the environmental concerns which were related to the mining of the cryptocurrency Bitcoin.

What you understand about crypto adoption?

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Crypto adoption is to increase the acceptance of the different cryptocurrencies into several features of our society such as business and financial services. It has been an increasing trend in the previous years. One of the important features of adoption of cryptocurrency is to increase the number of business in the form of payment that has started to accept cryptocurrency.The individual investors are showing their interests in the cryptocurrencies as their payment methods.
I invite my friends
@sahar78
@artist1111
@malikusman1

Best regards @jannat12

Thank you all for reading my post.
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