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Showing posts from October, 2020

Embrace a New Way to Manage Your Cryptocurrency

Before the invention of Blockchain Technology, there were only a few ways to store valuable assets. You could either purchase a safe to keep your valuables there such as jewelry, banknotes, and gold, or go for a bank to do it for you. The modern banking system only works if depositors leave their funds in their bank accounts. It is the most appropriate and until recently the most secure way to keep your assets. What do you get in return for leaving your money at the bank? You received almost zero percent interest rate on your deposits and you have to pay fees to do pretty much everything, all the while mortgage rates are at 3-4% in the US. Not confined to only that, credit card companies are also charging a twenty percent interest rate if you don’t pay the full balance at the end of the month. More interestingly people think it’s completely normal because it’s all they ever knew but now there is a need for some change. Exchanges As The Weakest Link The interesting fact about cryptocurr...