Digital Currency Exchange

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Digital Currency Exchange

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It is like a person is buying a Bitcoin online using their debit card or credit card.This is how a user can convert their hard earned cash into various cryptocurrencies. These conversions are generally completed by Digital currency exchanger – PowerPoint PPT presentation

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Title: Digital Currency Exchange


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Introduction
to
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What is Cryptocurrency ?
  • Digital currency or digital money is an
    Internet-based medium of exchange distinct from
    physical (such as banknotes and coins) that
    exhibits properties similar to physical
    currencies, but allows for instantaneous
    transactions and borderless transfer-of-ownership.
  • Cryptocurrency - A digital currency in which
    encryption techniques (cryptography) are used to
    regulate the generation of units of currency and
    verify the transfer of funds, operating
    independently of a central bank.

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  • First decentralized digital currency. They are
    digital coins you can send through the internet.
  • No one controls it. Bitcoins arent printed, like
    rupee or dollars theyre produced by people,
    and increasingly businesses, running computers
    all around the world, using software that solves
    mathematical problems.
  • An anonymous software developer called Satoshi
  • Nakamoto proposed bitcoin in 2009, which was an
    electronic payment system based on mathematical
    proof. The idea was to produce a currency
    independent of any central authority,
    transferable electronically, more or less
    instantly, with very low transaction fees.
  • In simple words, bitcoin is an open source
    software to transfer money over the internet.

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Decentralized
Currently, we use FIAT Money. Trust the banks and
central authorities with our money. They have
complete control over it as to what amount of
money needs to be printed and circulated. These
central authorities are the regulating bodies to
whom we have given complete control of our money
! Bitcoin is the idea that we can take back power
and control of our own money and we can transact
in a better way. It provides us with a currency
and a payment network that we can control
ourselves and we dont have to rely on any single
entity to create or help us to transact.
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Characteristics
It's decentralized It's easy to set up set up a
bitcoin wallet and you are good to go ! It's
anonymous It's completely transparent - stored
in public ledger known as blockchain Transaction
fees are miniscule Its fast
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Why should you use bitcoins ?
Bitcoins are transferred directly from person to
person via the net without going through a bank
or clearinghouse.
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Contact Us
Perfekt Capital Limited,Unit 804 8F Boss
Commercial Centre28 Ferry Street, Yau Ma
Tei,Kowloon, Hong Kong
Email Customer Support support_at_perfektpay.com
Global Phone Support 852 6024 5489
https//www.perfektpay.com/
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Thank You
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