Just a couple of years back, no one would have thought that the entire world would go under a lockdown, operating through technology and digitization. The arrival of COVID-19 changed everything on the global level; the world began to look for securer, safer ways to stay operational. Yet many could not keep up with it, as they held on to old ways for too long, the world left them behind. Take cryptocurrencies, for example. Someone, at some point ten years ago, might have heard about Bitcoin, tagged it as “new technology” and forgotten about it. Today, Bitcoin is the most valuable currency. It’s about time we realize, while the world is getting more innovative with every passing day, we need to pace up. The future lies with cryptocurrency!
Why would I say this? Because the answer of how safe and secure crypto is has been anticipated a long time ago. Every kind of transaction needs a central authority such as the government, or a bank, to circulate around, except for cryptocurrency. Since blockchain which maintains the record for crypto transactions is designed in a way which makes it impossible to hack, crypto remains the safest form of currency till the date.
Now, the question is, how to get started with cryptocurrency? When you’re starting out with the technology, things might appear confusing at first. Read about it. Which currency is it wise to invest in? Bitcoin, Ethereum, Cardano. Litecoin, Polkadot, Binance coin, or others. Pick a cryptocurrency exchange platform that has a user-friendly interface, such as Binance or Coinbase. Create and verify your account, make sure your account has cash to invest, place your order for cryptocurrency, and store your currency in a digital, preferably cold wallet to keep it safe. Cold wallets aren’t connected with the internet, which makes them the safest option to store your currency in.
Look up, research, explore, and go for it. The world is moving at a fast pace; it’s time we do too!