28/12/2021
You've probably heard of the term Cryptocurrency before, but what is it and how does it work?
Crypcurrency is a virtual currency that is bought and traded online. You can send Cryptocurrency directly to another person or business without needing to use a third party like a bank to actually process the transaction.
Cryptocurrency is extremely volitile, meaning that the value can fluctuate dramatically. It is also not regulated by many governments, making it hard to safeguard.
However, Crypto is the way of the future, and by eliminating the "middle man" AKA the banks, it is cheaper to buy and sell. With more and more businesses worldwide accepting Crypto, it means your options to utilise the form of payment are expanded.
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