what are the advantages of crypto part 3 #StartInvestingInCrypto
Transparent
With the decentralized nature of blockchains, one can view the money transfer transactions by simply using blockchain explorer on the platform to track live transfers. This open and transparent system is a relief among investors and is corruption-free.
Private
There is no third-party intervention due to which your account has a level of privacy. On the blockchain, investors have an identifier and your wallet address as the transactions are pseudonymous and nothing personal about you. There are even many coins that focus on privacy to enhance the cryptocurrency nature of privacy.
Currency Exchanges Are Done Effortlessly
Investors can purchase cryptocurrency using currencies like the U.S. dollar, Indian rupee or European euro. Various cryptocurrency exchanges and wallets help investors to trade in crypto and convert currencies with minimum transaction charges across different wallets.