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What are the Benefits of Cryptocurrency? The Educators at IM Academy Explain All

Nicole Haley by Nicole Haley
9 months ago
in Education
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What are the Benefits of Cryptocurrency? The Educators at IM Academy Explain All
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You can’t say cryptocurrency without stirring up a lively conversation about the ever-evolving and mythical coins. Many crypto-traders-to-be have been taking to the internet to learn how to open their trading accounts and handle their portfolios, while others are bragging about their success. Still, the amount of advice out there can be contradictory and overwhelming. IM Academy can help. The dot-com financial educational resource can help you start engaging in crypto with confidence. Read on to learn the advantages of entering this rapidly changing market.

  1. Cryptocurrency transactions are always accessible.

Much like engaging in any other market, making cryptocurrency transactions is easy. The truth is that various platforms that are easily accessible to anyone with a smart phone or a computer allow buyers to engage with crypto transactions around the clock.

  1. Transactions are easy to make

It’s an easy side-hustle, especially for those who are used to managing traditional business deals. Gone is the headache of agents, legal representatives, and charges. Cryptocurrency keeps things simple. The only thing recording these transactions is blockchain, which means that you can quickly and easily make deals. Perhaps that’s why around 100 million people around the world are now trading with cryptocurrency

  1. Cryptocurrency is a modern option.

When you’re dealing with conventional transactions, multiple individuals are involved. This can slow down the process. However, when it comes to cryptocurrency transactions, there are fewer parties involved. That means that you may not  have to share your personal or financial information with so many people. The process is typically very transparent each step of the way.

  1. The transactions don’t always have fees.

One of the biggest obstacles people may encounter when engaging in various markets is the fees. Fortunately, when you’re making cryptocurrency transactions, this is often not an issue. Blockchain networks are often fee-free, which means that people could get to maintain a more significant portion of their assets. This advantage can be a huge driver when it comes to the undeniable popularity of using cryptocurrency.

  1. Cryptocurrency is open to practically anyone.

Over the years, trading has been out of reach to the masses. The realms of cryptocurrency change that narrative entirely. These days, students around the globe can learn more about the cryptocurrency market.

The Takeaway.

If you’re looking to learn all about the enthralling cryptocurrency world, the next step is looking into your options. Enrolling in a program with IM Academy could be the right route for you. Why not take the time to explore the curriculum and see what’s on offer?

The Origins of IM Academy.

Christopher Terry and Isis De La Torre founded IM Academy in New York in 2013 with the goal of creating an innovative educational platform to teach students about forex trading. With students around the globe, the company offers access to in-depth modules or “academies” that cover the basics of trading. The current modules available are FRX, HFX, DCX, and ECX. The platform delivers these courses through engaging video content, ongoing quizzes, and interactive goLive sessions. All of the content is available both online and via the IM Academy app.

Cryptocurrency-dominated investments may expose you to great risk. Cryptocurrencies are not FDIC-insured, are often not exchangeable for other commodities, are subject to price volatility, and little to no regulation. Speculating in cryptocurrencies should only be performed by sophisticated investors who are prepared to lose their entire investment.

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