Crypto currency is the currency for the digital economy.
Non Fungible tokens, Blockchain technology, Smart Contracts e.t.c are non governmental non-influenced but decentralized computer executed features and approaches deployed in cryptocurrency, that makes it a preferred Currency when compared with FIAT ( normal bank notes )
What is spent there is called coins or crypto coins.
It has volatile and stable coins.
It's built mostly on Blockchain technology making it impossible for anyone to seize your money 🤑💰 fold up or freeze your fund.
Crypto is the new asset storage system.
Call it the borderless Bank, you will not be wrong.
It gives you opportunity to interact with any currency of choice, reduces FX frictions.
Like you already know - it was crypto that made end SARS a reality when the account of the organizers were closed, hence why "government" perceived it as means to funding terror negating it's huge opportunity in curbing corruption. Though it has made conscious effort to provide e-naira currently trading on crypto platforms.
There are so many ways to make money in crypto.
Of course as a business mind, with the understanding that you need to take calculated risk and invest wisely, your first caution is to know the risk limit of each earning stream.
Beginners often use it to earn residual, for a start: mining, depositing from hourly interest and staking for rewards as new investments are launched into the exchange market, and for trading.
For safety sake I use BINANCE and Blockchain.com.
Engr. Ezeh.T Chinedu
FIMC-CMC
(Fellow institute of Management Consultants, Certified management Consultant )
If you are interested in more knowledge or information about binance Click here
Image credit - economictimes.indiatimes.com
