1. INTRODUCTION
Usually crypto currency has started decade ago but people thought that it is virtual and money would be lost if you transact through this platform. but nowadays it is gaining more and more importance and also people have started transacting money through this approach, crypto currency is a type of coin where it is transferred from peer to peer in a decentralized manner that is it does not involve any central authority like banks or any financial instrument that transact the money, and it is very safe because it is not easily hacked by the hackers and also it is done in a virtual platform which uses cryptographic language and it is easily does not recognize it by the hackers and also the information is valley secure if you are looking for a such kind of platform to transact your money then visit the website Solanax prediction markets which is very safe to not only transact money and also it is decentralized
2. Wanted to know about decentralized currency
- Usually decentralized currency means the information about your transaction is known only when the cryptographic language about your transaction is verified by the verifiers and they are called as nodes, here is the best website Solanax prediction markets which does the same
- It completely involves digital currency or virtual currency they transfer money without the third party, whereas centralized bodies use physical money as well as they act as third parties for the transaction to happen
- The term decentralized currency is usually used in virtual markets, there are examples of decentralized currency Bitcoin and also either
- This currencies like Bitcoin or either are traded on platforms like coin is and also ethereum respectively
- There are many advantages of using digital currencies because it is very difficult for hackers to hack because there is no data available even through a single source so that they cannot hack
- As it does not involve third parties for transaction, so the transaction is transparent between the sender and receiver if they use this method of transaction and also decreases the transaction charges as well as it is takes place within fraction of minutes
3. CONCLUSION
If you are looking for a best platform to transfer you will money from country to country without knowing to third party then you can prefer the above mentioned website where you can do it safely and it is not easily hacked by the hackers and also it is transparent between you and your recipient, as there are no third parties it reduces the transaction charges and also the transaction happens within minutes from the minute you send