Benefits of Cryptocurrency - PowerPoint PPT Presentation

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Benefits of Cryptocurrency

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There is multiples way to benefit from cryptocurrency here are 5 Benefits Of Cryptocurrency that you need to know. – PowerPoint PPT presentation

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Title: Benefits of Cryptocurrency


1
You Need to Know Benefits of Cryptocurrency
2
Index
  1. Bitcoins Defined
  2. You Need to Know about Benefits of Cryptocurrency
  3. Fraud
  4. Identity Theft
  5. Immediate Settlement
  6. Access to Everyone
  7. Lower Fees
  8. 10 Cryptocurrency Exchanges

3
Bitcoins Defined
  • The bitcoins is a virtual currency created by a
    slow computer process called Mining.
  • The international currency is not regulated by
    banks and can be used to purchase goods from
    anywhere in the world.

4
You Need To Know About Benefits Of Cryptocurrency
5
1. Fraud
  • Cryptocurrencies are digital and cannot be
    counterfeited or reversed arbitrarily by the
    sender, as with credit card charge-backs.

6
2. Identity Theft
  • When you give the credit card to a merchant, you
    give him or her access to your full credit line,
    even if the transaction is for a small amount.
  • Credit cards operate on a "pull" basis, where the
    store initiates the payment and pulls the
    designated amount from your account.

7
  • Cryptocurrency uses a push mechanism that allows
    the cryptocurrency holder to send exactly what he
    or she wants to the merchant or recipient with no
    further information.

8
3. Immediate Settlement
  • Purchasing real property typically involves a
    number of third parties, delays and payment of
    fees.
  • In many ways, the bitcoin/cryptocurrency
    Blockchain is a "large property right database".
  • Bitcoin contracts can be designed and enforced to
    eliminate or add third party approvals, reference
    external facts or completed at a future date or
    time for a fraction of the expense and time
    required to complete traditional asset.

9
4. Access to Everyone
  • There are approximately 2.2 billion individuals
    with the access to the internet or mobile phones
    which don't currently have access to traditional
    exchange systems.
  • These individuals are primed for the
    cryptocurrency market.

10
5. Lower Fees
  • There aren't usually transaction fees for the
    cryptocurrency exchange because the network
    compensates the miners.
  • Even though there no bitcoins/cryptocurrency
    transaction fee, many expect that the most users
    are providing the online exchange system for
    bitcoin, and as such, they are likely to charge
    fees.
  • It interesting to note that the PayPal does not
    accept or transfer.

11
10 Cryptocurrency Exchanges
1. Coinbase 6. Bittrex
2. CoinMama 7. Kraken
3. CEX.IO 8. Bitsquare
4. LocalBitcoins 9. Coinhouse
5. Bitstamp 10. Poloniex
12
Thank You
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