Which Cryptocurrency is best?

Answer 1

Are you planning on investing in cryptocurrencies this year? With more than 5000 cryptocurrencies out there, choosing which is the best cryptocurrencies to invest in is no easy task. But no worries, we got you covered and share with you one of the best option available.

The list of best cryptocurrencies to invest in cannot start with anyother cryptocurrency than Bitcoin — the world’s most popular cryptocurrency. In fact, the popularity of this digital currency is one of its biggest advantages against other players in the market.

But, sharing my favorite is White Bitcoin, which is basically a variant of traditional bitcoins

How does it work?

WhiteBitcoins use blockchaintechology, which is advance tech that uses blocks of information attached to onesingle thread. Every block can hold up to 1MB space, and that means it can hold thousandsof transactions in one block. Since the blockchain is a public ledger, everyone can see newblockchains joining because of new transactions, transparently.

White Bitcoin has proven to be the most effective and secured value storage technology.

Let me know explain my point -

● Autonomous - Nobody gets to know where you are storing your money and where you are spending it. Banking and government are not involved in any of the transactions.

● Discreet - Similarly, much like cash-only transactions, nobody can trace any bitcoin-related sale/purchase back to you. Bitcoin transactions generate an anonymous bitcoin address for every sale or purchase. However, that does not mean these bitcoin transactions are completely untraceable. But they are less apparent than other formats of payments prevalent

in the market.

● User-based - Peer to peer transactions is the key here because cash can flow in and out between two users without having to knock at the bank’s doors first.

● Banking fees - No facilitation fees are required to be paid to the banking system anymore. That means there are no fees for minimum balance requirements, overdraft charges, etc. However, occasional ‘maker’ and ‘taker’ fees may be applicable.

● Easiest International payments - There is no need to wait around for authorizations from governments to transfer money internationally. Since there are no intermediaries, you can send money to foreign countries without fees or exchange costs.

● Safest online payments - People already use their phones to pay for items bought on the internet. However, with Bitcoins, there is no need to store banking details anywhere, much less use it to complete transactions.

● Broad access - You do not need credit cards or traditional banking systems to complete

your transactions. Pay with bitcoins over the counter, and that’s it.

So, feel free to choose any cryptocurrency as per your risk appetite, white bitcoins have given me much better return of investment is the last few years so I strongly suggest to check it out once.