CRYPTO CONSULTANCY

 6,500.00 9,000.00

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SKU: 00007-4 Category:

Description

What is Cryptocurrency?

Although there are many different types of cryptocurrencies, they all have one thing in common: they operate on blockchain technology, making them decentralized. Decentralization of financial operations through cryptocurrencies has several efficiencies over the traditional financial system, including:

  • Cuts out almost all the overhead costs associated with banks
  • Less expensive transactions that can be sent and received internationally
  • Inflation or finite supply that’s written into code — no need to trust the Federal Reserve
  • Financial derivatives like trading strategies and loans can be coded directly onto certain cryptocurrency blockchains, replacing the need for financial intermediaries.

The largest cryptocurrency is Bitcoin and it’s used as a “digital gold.” Essentially, Bitcoin is a commodity used as a store of value. Ethereum is the 2nd-largest cryptocurrency with a market cap of $210 billion. Developers can develop smart contracts on Ethereum’s blockchain to create decentralized alternatives to traditional banking functions, like lending and trading.

Documents Required to open a Crypto Exchange account :

NOTE : Once Service is confirmed, email above documents at [email protected]
  1. Pan Card
  2. Aadhar card or Passport
  3. Bank Details / Cancelled Cheque
  4. Mobile Number to Register
  5. Email ID to Register

Additional information

TYPE

Person, Company

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