Cryptocurrency has its own characteristics – it is anonymity. Many cryptocurrencies have a freely accessible transaction log, that is, you can find out at any time who, when and how much was transferred. But it is still anonymous, because the source and the recipient of the transfer are addresses, which are a set of letters and numbers. They are not connected to the last name, first name, phone number, email, and so on. It is virtually impossible to match the wallet with its owner.
Cryptocurrencies are inextricably linked to the concept of blockchain. In short and simple words, the cryptocurrency blockchain is such a log of all transactions (transfers), which, due to the peculiarities of the system, cannot be changed by another number, and you cannot put money into your account from nowhere. In fact, cryptocurrencies were conceived so that anyone in the world, possessing only software and Internet access, could transfer to another person, wherever he is, any amount, almost instantly and without commissions.
Cryptocurrency transfers are irreversible – no one can undo, block, challenge, or force (without a private key, which is virtually the only way to get into your wallet) a transaction. If you are looking for a reliable modern service to help you manage your cryptocurrency assets, you can explore https://cryptopay.me/. Here you will find a lot of advantages.
Is it possible to buy goods for cryptocurrency?
Of course it is. It seems a bit odd that money that doesn’t really exist has purchasing power. You won’t be able to take it out of your account and hold it in your hands, like you can with a bank card. However, the fact remains that you can buy goods or services with cryptocurrency, just like you can buy bills in your wallet. Bitcoins can be converted into any other currency – familiar to you dollars, euros, and so on, it’s up to you to decide. In many countries, people make purchases, make orders over the Internet, and somewhere even pay for a drink in the pub. Even Microsoft already accepts bitcoins for payment.
If you have a store, for example, you can sell your goods for cryptocurrency. As cryptocurrency is gaining popularity with every month of its existence, perhaps the future lies in it. It will soon be able to replace the money we are used to. Already today it is possible to make real purchases by paying with virtual money.
If you want to manage your cryptocurrency and pay with it for goods in the network, you should buy a special bitcoin card. You can learn more about this opportunity at https://cryptopay.me/referral-program. Using this type of card, you will be able to find a great solution and learn how to put your cryptocurrencies into practice. You can shop online or offline, so this option can be very convenient.
Cryptocurrency is actively developing and there are many interesting solutions online every day. You can learn how to use such assets and become part of the cryptocurrency market as well.