It goes without saying that cryptocurrency has already made a huge impact on the world. Not just in the financial sector, but the technology behind the trading of cryptocurrency has transformed a lot of practical applications and businesses today.
This isn’t just referring to the relative applications for cryptocurrency. It’s obvious that digital currency allows quick, secure, and efficient trading across large platforms.
There are the obvious benefits of today’s digital currency, but when you strip away all that and look at the technology behind digital trading, that’s where the real wonder is. The blockchain technology that makes digital currency trading possible opens a lot of doors.
This secure digital ledger if you will call it can potentially transform the face of many applications. It honestly just becomes a matter of figuring out how and where to apply the technology. This makes it incredibly interesting to see where digital currency will make it in the future.
Crypto Gaming Booms
Crypto is already huge in the gaming industry. Just look at the number of various online casinos willing to trade and deal in the currency. Today’s online casinos are not only willing to accept popular digital currencies are a form of payment, but they are willing to offer digital currency vouchers or tokens. Many of them will even pay out your monthly earnings in popular digital currencies if this is something you’re interested in.
That said, it only goes to reason that the currency will continue to take a bigger foothold in the industry. One of the reasons digital currencies are so popular in this type of industry is because it is so accessible. Unlike other investments and ventures, cryptocurrency is virtually available to anyone with a working Internet connection.
You don’t need large amounts of capital to get in and there is no need for insider gatekeeping. Players from around the world are already taking advantage of crypto games, as a revenue of $485 million was reported last year alone from Ethereum-based gaming projects.
The ease of accessibility and wide availability of the currency will only continue to help such projects soar in popularity. In 2021, 50% of new crypto wallets were connected to game-based exchanges. You combine this is a lot of the light-hearted nature of the games, and it will only make the trading more appealing and intimidating.
Most people are afraid of the unknown and not willing to venture into it, therefore, they stay out of share investing and such. Best to leave alone what you don’t understand, right? Crypto changes that and gives investing a nicer, more inviting face.
Crypto In The Classroom
It is already growing more and more prevalent that technology is the path to untapped future successes. If you want to make it big in the world, venture into a technology-based career. Sure, there are still doctor and lawyer positions that offer big bucks, but with the state of healthcare and the current judicial system, these careers are becoming less appealing. Technology is where all the excitement and future growth are. And what’s right in the center of this technology?
Cryptocurrencies and blockchain technologies.
Such technologies are becoming so relevant that introductory classes might even be required in elementary or high school curriculums. Major players are already offering สอนเทรดคริปโต through various online platforms.
Insured Digital Currency
Who would believe such a thing possible? Who would even think to insure their money? Isn’t your money a form of insurance itself? A safety net where you can withdraw rainy day funds if and when needed? Those claims could easily be made, but who says you can’t have insurance on your insurance? That’s one exciting ideal a popular Canadian crypto exchange is already exploring.
It’s a well-known fact that digital currency is volatile. Its decentralization is one of the most appealing aspects of the currency. It is also unfortunately one of the factors holding back a lot of investors.
A lot of people are afraid of the risky and unpredictable nature. Of course, for day traders, this is just the name of the game, but for others, it creates a veritable fork in the road.
One popular Canadian crypto exchange is already exploring a new way around this problem by offering investors custodial insurance.
When trading your funds are kept in a sort of crypto custodian account where up to $200 million in coverage against unexpected losses like theft is offered. This will likely attract many more investors, and it will probably become a very common thing among all exchanges.