Crypto-currency as a modern form of digital asset has received global appreciation for easy and fast financial transactions and its awareness among people has allowed them to take more interest in this field thus opening up new and improved ways of payment. With the increasing demand of this global phenomenon, new traders and business owners are now willing to invest in this currency platform despite the price fluctuations but it is quite difficult to choose the best one when the market is full. Bit-coins are the oldest and more popular in the list of crypto-currencies over the past few years. It is mainly used for the transaction of goods and services and has become part of the so-called computerized block-chain system to allow anyone to use it thereby increasing the craze among the masses.
Ordinary people who want to buy BTC can use an online wallet system to securely exchange cash or credit card and buy thousands of BTC from foundations around the world and keep them as assets for the future. Due to its popularity, many corporate investors are now accepting them as cross-border payments and the rise is unstoppable. With the advent of internet and mobile devices, gathering information has become quite easy as a result BTC financial transactions are accessible and its value is set according to people’s preferences and preferences thus leading to profitable investments. Recent studies have also proved that instability is good for BTC exchange because if there is instability and political unrest in the country due to which banks are suffering then investing in BTC can definitely be a good option. Again Bitcoin transaction fees are quite cheap and more convenient technology to transact thus attracts crowd. BTC can be converted into various fiat currencies and is used in securities trading, land titling, document stamping, public rewards and vice versa.
Another advanced block-chain project is Ethereum or the ETH which has served as much more than a digital form of crypto-currency and its popularity over the past few decades has allowed billions of people to have wallets for them. With the ease of the online world, ETH has allowed retailers and business organizations to accept them for business purposes, hence, could serve as the future of financial systems. Also being open source, ETH helps different firms and industries collaborate on projects thus increasing their utility. Again unlike Bit-Coin, which is used to exchange money on a digitized network, ETH can be used for multiple applications besides financial transactions and does not require prior permission from the government which is why people can use it with their portable devices. The price of Ether is also stable and it avoids the hassle of third-party intermediaries like lawyers or notaries as exchanges are mainly software based which now makes ETH the second best crypto-currency to invest in.