What we can do with Cryptocurrency (virtual currency)? Table of Contents
The specific usage of virtual currency (Cryptocurrency) is as follows.
1. Investment / speculation
Cryptocurrencies are investment targets because their prices are not fixed.
Therefore, it is possible to make a profit by making an investment in anticipation of a rise or fall in the price of virtual Crypto Exchanges.
Cryptocurrency is considered to be promising in the future.
In addition, if the mechanism of virtual currency FX is utilized, it is possible to obtain an opportunity for monetization even when the price is falling.
In addition, when investing, it is necessary to be careful because there is a risk of loss in transactions.
2. Remittance / settlement
Since the ownership of virtual currency can be transferred, it can be used for settlement.
Shopping using virtual currency is possible at stores and websites that support virtual currency payment.
In addition, by using virtual currency, overseas remittance can be performed at a low fee.
3. Distributed application development
Cryptocurrencies may also be used for decentralized application development.
Specific examples include ETH in Ethereum.
Comment by Hans
April 24, 2024
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