FAQ

Frequently Ask Questions

these are some of the most frequently asked questions.
Cryptos have reinvented and revolutionized the financial, it’s your time to get on board!

Bitcoin is a consensus network that enables a new fully digital money and payment system. It is the first decentralized peer-to-peer payment network that works with its users without a central authority or intermediaries. From a user perspective, Bitcoin is more or less like cash for the Internet

Bitcoin is the first implementation of a concept called “cryptocurrency”. The first Bitcoin was published in 2009 by a Satoshi Nakamoto (pseudonym) crypto mailing list.

Satoshi’s anonymity often raised unwarranted concerns, many of which are related to a misunderstanding about the open-source nature of Bitcoin. The Bitcoin protocol and software are openly published and any developer from around the world can review the code or create their own modified version of the Bitcoin software. Like developers today, Satoshi’s influence was limited to the changes he made being adopted by others, and thus he did not control Bitcoin. As such, the identity of the inventor of Bitcoin is probably as relevant today as the identity of the person who invented paper

From the user’s perspective, crypto is nothing more than a mobile application or a computer program that provides a personal wallet and allows the user to send and receive crypto assets.

In reality, everything happens through a system called “blockchain”. This system contains all transactions ever processed, allowing a user’s computer to verify the validity of each transaction. The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending crypto from their crypto addresses

No one owns the Crypto network, just like no one owns the technology behind the email. Crypto is controlled by all crypto users around the world. To maintain compatibility, all users must use software that adheres to the same rules; however, the choice of such software is up to each user

Yes. There is a growing number of companies and individuals using crypto assets. This includes physical businesses such as restaurants, real estate, vehicle sales, among others. The number of people and businesses that are adding crypto to their payment options continues to rise

  • As payment for goods or services
  • Buying cryptos on the exchange market
  • Exchange between people
  • Freedom of payment: it is possible to send and receive crypto anywhere in the world and at any time, without restrictions due to holidays, borders, or bureaucracy
  • Fee Freedom: There is no fee to receive crypto, and many wallets allow you to control what fee you pay when you spend them. Higher fees can encourage faster confirmation of your transactions
  • Reduced risk for merchants: Transactions are secure, irreversible, and do not contain sensitive or personal customer information. This protects merchants from losses caused by fraud or fraudulent chargebacks.
  • Security and control: users have full control of their transactions; merchants cannot force unwanted or unnoticed charges as can happen with other payment methods
  • Transparent and neutral: all information related to crypto exchange is available on the blockchain for anyone to verify and use in real-time
  • Degree of acceptance: many people are still unaware of cryptocurrencies. This makes the exchange community small and therefore the profits are also concentrated in a few
  • Volatility: Relatively small events, trades, or trading activities can significantly affect the price. In theory, this volatility will decrease as markets grow
  • Ongoing development: Crypto software is constantly developing, and new options are created every day. New tools, features, and services are being developed to make crypto safer and more accessible to the masses

You should never expect to get rich from crypto or any emerging technology. It is always important to beware of anything that seems too good to be true or that flouts basic economic rules. While it is true that you can make a profit, this should not be your only goal. Invest responsibly