Learn withAvaxFX Markets
What is crytocurrency
Crypto Currency is fundamentally an electronic or digital form of money. However, unlike internet banking, it does not have a physical equivalent. It is a digital unit of currency that is unseen and untouchable, except on digital screens.
Crypto currencies are transferable from person to person and can be securely stored in virtual wallets, independent of any country or authority.
They provide for a global transfer and payment system that is decentralized, as opposed to being inter-bank. Bitcoin paved the way for the emergence of various types of crypto currencies.
These include, but are not limited to, Bitcoin, Litecoin, and Ethereum. Crypto currencies, which are used as a payment system in many areas of life, are seen as the future financial system.
Many central banks are starting to consider creating their own cryptocurrencies, which is becoming increasingly important. Digital currencies based on blockchain technology, like the DagDFS system, are expected to dominate over physical money in the coming years. By trading with us, you not only get the opportunity to benefit from buying and selling these digital currencies, but also the chance to participate in forex transactions, allowing you to hedge your position.
AvaxFX Markets
By providing a level playing field for all investors, our transparent, trustworthy, and innovative approach aims to deliver the maximum possible return on investment for our investors.