RATE Group | Cryptocurrency positives and benefits available include greater clarity and accountability
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Cryptocurrency positives and benefits available include greater clarity and accountability

23 Jul Cryptocurrency positives and benefits available include greater clarity and accountability

Posted at 08:39h in Cryptocurrency News by

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Cryptocurrency positives and benefits include protection against identity theft; as well as greater clarity, accountability and quicker settlement, according to GlobalData Financial  Services.

Cryptocurrency appeals to both the short- and long-term investor. Yielding short- or long-term gains is dependent on which cryptocurrencies you invest in.

Investing $10 in bitcoin in 2013 would now make your investment worth over $6,000. Conversely, for the less patient, investing in alt-coins such as Ripple or Monero could also bring financial gain in a much shorter space of time.

However, in order for these prices to remain of interest to the investor, further adoption globally needs to occur.

From a currency perspective there are also numerous advantages. For individuals who want to avoid identity theft, cryptocurrency is a good option.

Payment through credit or debit card can also mean giving access to your credit line or bank account, but, with cryptocurrency the…

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