CRYPTO

WHAT’S CRYPTO?

What is crypto? why are people going crazy about it? Is it something to be concerned about? Perhaps something to get excited for?

Bitcoin

Bitcoin, the first cryptocurrency developed back in 2009 by Satoshi Nakamoto (pseudonym), gave rise to the growth of a free and disruptive financial-technological market that generated great wealth for its pioneers. But let’s start from the very basics.

In a nutshell, we could define crypto as a form of digital asset based on a network that is distributed across a large number of computers.

what does that mean?

The term “crypto”, also known as “cryptocurrency”, responds to binary data designed to work as a medium of exchange. “Crypto” refers to the numerous encryption algorithms and cryptographic techniques that safeguard these entries, such as elliptical curve encryption, public-private key pairs, and hashing functions. For our purposes, we understand “cryptos” as any form of currency that exists digitally or virtually and uses cryptography to secure its transactions.

Decentralized System

Cryptos, unlike the regular type of currencies we all grew up to and know, do not have a central issuing or regulating authority (i.e., a bank), instead, they use a decentralized system to record transactions and issue new units. Theoretically, this specific fact makes them immune to government interference or manipulation and it’s what makes cryptos attractive to many people.

This decentralization is possible thanks to blockchain technology (a system of recording information in a way that makes it difficult or nearly impossible to modify, hack, or cheat the system) which translates into a solid base built on transparency.

Cryptocurrencies represent a new Paradigm

A decentralized paradigm for money. This paradigm has also built community as it makes it easier to transfer funds directly between two parties, without the need for a third party (like banks). These transactions are secured by other means such as public or private keys along with other systems. Which also makes the exchange faster than any standard money transfer.

YOU WILL BE AN EXPERT

Something worth it to mention, and really important for you to know before even considering participating in this volatile world, is the requirements you need to comply with.

FOLLOW THESE TIPS

Before you start with cryptocurrencies, there are a few things you must have ready (once you do, we’ll show you the tips & tricks for you to profit like an expert!):

  • Broker account where you can buy and sell cryptocurrencies
  • Your own cryptocurrency wallet (here is where you store and keep safe your cryptos)
  • Liquidity for you to invest (always consider the risks and be willing to lose what you’re willing to invest)
  • The know-how (this one is on us! Evix Trade Mart is your know-how and will guide you step by step!)

Evix Trade Market supports the innovators looking to revolutionize the current paradigms. Our modern times call for collaborative and freely accessible, decentralized services. This collective shift will impact how we interact and create. For this reason, the businesses surging in this era require an investment firm adapted to our present context that can back them in every step. Evix Trade Market is an investment platform designed for such projects. We are driven by a collaborative approach from the earliest stages.