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How To Pay with Crypto Using a Cryptocurrency Exchange?

5Oct

By Africa BusinessNo Comments

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How To Pay with Crypto Using a Cryptocurrency Exchange?

By Kirik.pro Cryptocurrencies are digital money with the same application scope as conventional currencies, with the addition of a few interesting use cases such as in-game tokens, metaverse crypto, DeFi crypto, NFT marketplaces, etc. Trading and investing are the most common ways to use digital coins. Besides, the application of cryptocurrencies in the real world is also increasing. Here is what you can buy with crypto in the real world: luxury items such as yachts; real estate - apartments, houses, etc.; book accommodation in hotels; pay for travel tours; fill the car and pay with crypto; even order pizza or coffee. The number of businesses accepting settlements in crypto is expanding. Let’s see how it actually works when you need to pay for service with crypto....

Should PayPal be concerned about your country’s central bank?

Most governments may have no option but to join the digital currency bandwagon. With the introduction of digital currencies from central banks, the world of money is poised to enter a new era. Is it going to be a paradise of financial inclusiveness or a dystopia of financial instability? What if the project turns out to be a complete failure, unable to compete even with established private networks like PayPal Holdings Inc? These are all conceivable scenarios. As a result of advances in technology, monetary authorities are now able to provide a new kind of electronic currency to the general public. A smartphone wallet linked to a conventional bank account will hold the buying power, which can be transferred in and out as needed. Instead of being a private asset, a person's cash in the ban...

Cryptocurrency and herding behaviour

By: Udette Kirsch - behavioural economist & strategic marketing specialist Cryptocurrencies refuse to play by the rules. People rely on experts for all sorts of advice, but when it comes to cryptocurrencies, they seek advice from peers and the internet. So, what causes this behaviour, and what are the implications? Hint: it’s rooted in behavioural psychology. Recent studies suggest that crypto-currency investors rely less on expert advice and increasingly follow peer investor communities for guidance. The daily value of South African crypto trading recently exceeded $141 million for the first time, indicating that many South Africans consider the risks of this complex, unregulated market to be acceptable for the returns which it may deliver. Digital advocates have hailed cryptocurr...