What Is Crypocurrency & Why Should You Use Cryptocurrency?

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What Is Cryptocurrency?
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What Is Cryptocurrency?

• Cryptocurrency is a digital currency for which
  encryption techniques are used to regulate its
  use and generate its release. 
• Unlike fiat currency, cryptocurrency is not
  regulated or controlled by any bank, government
  or centralized financial authorities.
• It uses cryptography to secure and verify
  transactions as well as to control the creation
  of new units of a particular cryptocurrency.

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Why Should You Use Cryptocurrency?
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1. Low transaction fees

• Because miners are simply rewarded cryptocurrency
  from the network itself, there are typically
  little to no fees for core transactions.

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2. Invest 

• Many people believe that cryptocurrencies are the
  hottest investment opportunity currently
  available.
• Indeed, there are many stories of people becoming
  millionaires through their Bitcoin investments.

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3. Ownership

• With your digital key, access to your currency is
  yours alone.
• Unlike money you store at a bank, your use of
  your cryptocurrency cannot be frozen or limited
  by any entity.

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4. Identity protection

• Paying with credit or debit cards requires
  submitting sensitive banking information that
  could be stolen or compromised.
• Cryptocurrency can be sent directly to a
  recipient without any information other than
  total amount you want to send.

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5. Accessibility

• Billions of people can access the Internet, but
  not everyone has access to banks or money
  exchange systems.
• Cryptocurrency requires no bank or line of credit
  to make or receive payments electronically.

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6. Risk-free for sellers

• Payments using cryptocurrency cant be reversed,
  which means merchants dont have to worry about
  stopped payments.
• The blockchain makes it difficult for you to be
  defrauded.

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BITEX

• EZBitex is the currency exchange and banking
  infrastructure with a decentralized, distributed
  and immutable ledger provided by Bitex, which
  underpins the functioning of the entire system.