Are we in the golden age of cryptocurrency? If this virtual currency has energized the world of finance in 2008, it has only been popular for a few years. What is its function ? How to invest? Where to turn? Still obscure for many consumers and investors, cryptocurrency is becoming more democratic thanks to platforms like Litebit.
Cryptocurrency: Actively Rising in Popularity
Initiated in 2008 by Satoshi Nakamoto, cryptocurrency has revolutionized the way of investing and trading assets. By creating a dematerialized currency, this visionary entrepreneur aspired to free himself from the production and use of coins or banknotes to pay for goods or services. Except that at the time, this new currency sounded like a nebulous and inaccessible precept for ordinary mortals. Only a small niche of connoisseurs have been interested in cryptocurrency. It was from 2017 that cryptocurrency asserted itself as a successful alternative to traditional money. In 2018, it is even cultivating massive interest, especially from consumers.
Following a small phase of decline, token prices declined and consumers reinforced their doubts about the cryptocurrency. Is it a good investment? Is it a permanent currency? Little by little, consciences are opening up and adoption is becoming more and more massive. All over the world cryptocurrencies are traded, different types of tokenization are happening. And it is from 2020 that large investors have in turn turned to this revolutionary currency, then companies. The consequence of this gradual attraction? A rise in prices, implying growing confidence among individuals and professionals. Today, cryptocurrency inspires security, trust and a particularly buoyant market.
Bitcoin: the benchmark of cryptocurrency
If several types of crypto-currencies exist, Bitcoin remains to this day the most famous and usual. It is even the very first crypto-currency to have been put into circulation. Its interest is to allow simplified peer-to-peer transactions. In short, money is transferred directly between two people, quickly and without an intermediary. No commission is derived from this. Today, Bitcoin is the most important and expensive crypto-currency in the world: one Bitcoin is equivalent, according to its price, to approximately 53,600 euros.
But its expensive nature is by no means an obstacle. Indeed, it is not mandatory to buy a full Bitcoin, but can very well be bought in fractions. All virtual currency exchanges make it easy for anyone to buy the desired Bitcoin value. Simply specify the monetary value of the transaction you want, then the system will take care of calculating the corresponding amount based on current stock market prices.
How to invest in cryptocurrency?
If consumers and investors have more and more confidence in this dematerialized currency, it is also thanks to the performance and intuitiveness of dedicated platforms. Litebit is the perfect demonstration of this. Of all the means of access, that of such a platform remains the most reliable, easy and secure when one aspires to invest in cryptocurrency. The idea is to be able to buy, sell and store currencies such as Bitcoin, in a highly secure virtual wallet. Like a broker, the platform makes available a large number of crypto-currencies by exposing stock market trends in real time.
Of all the platforms acting in cryptocurrency, Litebit is definitely one of the easiest to understand. This was even its leitmotiv at the time of its development: to offer an interface where the purchase, sale and storage of Bitcoins are accessible to everyone. Aware that this market still has to earn the trust of its investors, Litebit leaves the human aspect at the heart of its DNA. The platform has an available, responsive and fundamentally human customer service. Signing up takes minutes, usage is intuitive and easy to understand, and support is handled by dedicated humans to help customers.
If crypto-currency is one of the major revolutions of our time, it has come a long way to deserve its letters of nobility today. The investment opportunities of such a virtual currency have not said their last word. It suffices to observe its ever-increasing popularity to make the observation.
With LiteBit , it is possible until January 30, 2022, to take advantage of a credit of €20 after registration and verification of the account.