A cryptocurrency is a digital asset designed to work as a medium of exchange. Cryptocurrencies use military-strength encryption to secure financial transactions, control the creation of additional units and verify the transfer of assets. Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain that serves as a public financial transaction database.
Here at CWP Investments, we accept all major forms of cryptocurrencies and we also trade with them on various platforms. Cryptocurrencies are digital currencies (of which virtual currencies are a subset) that are rarely tethered to fiat currency.Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. With CWP Investments, you will be able to buy shares in the likes of Netflix, Apple, Amazon and Google, ETFs like Vanguard Growth and indexes, all using Bitcoin and other major Cryptocurrencies.
If you wish to know more about this service, please do not hesitate to contact us & one of our specialists will guide & advise you through this service in more detail.