The agenda for this article is the cryptocurrencies in the middle of hard news. We go through the most common cryptocurrencies and their uses. At the end, we will tell you how in 2022 everyone can buy Bitcoins, for example. This is the biggest trend of the future, and it is not worth being late for this train.
Tiền điện tử là gì?
The cryptocurrency, or virtual currency, is a digital exchange tool. Its activities are not based on the activities of banks or other authorities. Cryptocurrencies are being mined. Most virtual currencies are based on open source. According to the Bank of Finland, Bitcoin is not an official currency, but it is still perfectly legal.
Finnish preferred cryptocurrencies:
- Bitcoin (BTC): Bitcoin is the world’s most famous cryptocurrency. It was released in 2008, behind a mystical nickname. Many people today are millionaires, thanks to the wild change in the value of Bitcoin. Originally, the price of one coin was a cent or a couple, but today it is over 40,000 euros.
- Ethereum (ETH): Ethereum was founded in 2015. Version 2 is being developed to replace the original currency. Many believe that the Ethereum will be the very cryptocurrency of the future. Its the new generation of currency when Bitcoin represents the old school. The value of one coin has revolved around € 4,000 on both sides in early 2022.
- Litecoin (LTC): Litecoin was released in 2011, making it one of the oldest cryptocurrencies in the world. Litecoin is backed by former Google engineer Charlie Lee. The currency is based on the same software code as Bitcoin. The value of one Litecoin has stabilized at around 150 euros.
The most common uses of cryptocurrencies
Cryptocurrencies can be legally used for many different purposes. Here are three general ways to use Bitcoin. We emphasize that Finns can legally buy and sell cryptocurrencies – and use them as an exchange tool.
Online gambling and gambling
The use of cryptocurrencies in online casinos has become much more common. Krypto casinos offer the freedom to play in euros or Bitcoins, for example. If Bitcoin is selected, the balance changes according to changes in the value of the currency. If the value of Bitcoin goes up, the player gets the money all by themselves – and the same thing in the other direction.
Today, a krypto casino can operate under a license from Curacao or MGA. The latter offers tax-free profits. However, most online casinos operate outside the European Union if gambling is conducted in crypto.
An online casino can be a traditional model, with or without registration. Watch online casinos without registering here. Either way, gaming can usually be done completely anonymously. You do not need to send photos of your passport. If your hobbies include online gaming, it’s worth putting Bitcoin casinos behind your ear – it’s a modern way to play gambling.
Investing and saving
If online gambling is popular, saving and placing gambling ahead clearly. A couple of years ago, Finns invested mainly through their own Kotipankki or Nordnet. Ease and clarity are the most important features. A few years back, buying Bitcoin was pretty laborious – but not anymore.
Buying cryptocurrencies is at its best in an hour or two. You must first open the krypto wallet. Popular options include domestic Coinmotion, as well as international Coinbase, E-Toro, and Plus500. This section is discussed in more detail at the end of this article, in the “Buying and Selling Cryptocurrencies” section.
As an investment target, cryptocurrencies are unpredictable. Many believe Bitcoin will go up to $ 500,000. In early 2022, the value of one coin has revolved around $ 50,000 on both sides. The value is therefore expected to increase 10-fold within a few years. However, there are no guarantees for it – everything is based on supply and demand.
If you want to invest smartly in cryptocurrencies, Monthly Saving and Distribution makes sense. In Coinmotion, for example, you can save 50 to 500 euros a month on Bitcoins.
Buying in an online store
In most countries, cryptocurrencies are a viable medium of exchange. In Finland, only 70 merchants allow payment with Bitcoins. However, there are well-known names in the group, such as Pahis.fi and iTapsa. There is even a cupboard in Espoo where you can pay for a malt drink in cryptocurrencies. However, payment is mainly made in online stores.
Abroad, especially in the United States, Bitcoin is accepted as a means of payment in thousands of online stores – as well as in hundreds of stone-foot shops. An even more popular currency for shopping is the Tether, which is not such a good investment
Buying and selling cryptocurrencies
Today, buying cryptocurrencies is simple. Especially if you prefer the domestic Coinmotion service. Below are five-step instructions on how to buy your first virtual currencies – it takes a couple of days from an hour.
- Open krypto wallet: xu hướng can be opened with domestic bank IDs. Identity is verified at the same time. In addition, everyone must answer statutory KYC and PEP questions. It doesn’t take many minutes to answer them. These are the same questions that banks ask.
- Transfer money to your wallet: Next, you need to transfer money to the service, and the easiest way is to make a bank transfer. From S-Bank, money moves immediately, and from other banks, it takes 1-2 days to transfer money. Deposits are usually free.
- Buy cryptocurrencies: Now you can buy the currency of your choice. You do not need to buy the entire Bitcoin or Ethereum. You can buy them for as little as € 10 to get a 0.0001 coin. 1-3% commission is charged on trading, depending on the amount and cryptocurrency.
Nguồn: Plato Data Intelligence: PlatoData.io
