What Are The Pros & Cons of Cryptocurrency?
Cryptocurrencies are becoming more and more popular. As of January 2019, more than 1,300 cryptocurrencies were available in the market. A cryptocurrency is a virtual currency that uses cryptography to secure and verify transactions between users.
Cryptocurrencies are becoming increasingly popular as a way for companies to raise capital for their projects without having to go through an investment bank or venture capitalist.
The main advantage of using cryptocurrencies is that anyone can use them, regardless of financial status or location. This makes them useful for anyone looking to invest in something without the high fees for investment bankers or venture capitalists.
However, using cryptocurrencies also has some disadvantages:
Transaction fee
Longer transaction time
Low liquidity
Volatility
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