How many times can you day trade in a week? a conventional bank may cost you twenty dollars in an external transfer, while the transfer of the value in Bitcoin costs only a cents, and on the contrary, the higher the value transferred, the transaction expenses can decrease.
What are the benefits of trading Bitcoin? Bitcoin is a complete solution for those who do not want or cannot use fiat currencies, who have lost confidence in central banks, and who live in a country with a deteriorating economy or in a region where there is no stable currency. Aside from the recent excessive volatility, the asset is currently a good investment and a healthy alternative to fiat currency.
Of course, no one knows what the future holds for BTC. However, the use cases described above are valid for the time being, and they will obviously be in place for some time.
What are the benefits of trading Bitcoin?
Confidentiality: You can have many accounts and Bitcoin wallets without being connected to your name, address, or any information about you.
Transparency: Bitcoin stores any transaction that has been performed, and if you own a Bitcoin address (Bitcoin wallet), anyone can know how many Bitcoins you have in this address and the number of transactions that took place with this address and at the same time they will not know that you are the owner of the address (confidentiality and transparency).
Speed: You can send and receive Bitcoin at the same moment and this speed is due to the absence of a center monitoring the transfer operations.
The main technical characteristics and features of Bitcoin
Bitcoin is a unit of information, a specific part of computer code, expressed in mathematical calculations of computer power. The peculiarity of BTC is that it is an independent digital unit, not affected by other currencies and payment systems, and the economy of this network is completely independent.
Open source Bitcoin architecture
An open source cryptocurrency development and operation system. Yes, the Bitcoin system is open source, but the Bitcoin platform cannot be changed, this means that most users can make changes to the Bitcoin structure.
In addition, open source allows any PC user to begin mining electronic money. This approach to development immediately eliminates errors in the system, aiding the rapid development of the world's No. 1 cryptocurrency exchange and mining network.
